The cost of healthcare services in India is on rise and is accelerating every day. Moreover, the rate of healthcare inflation is almost twice the retail inflation. The rising cost of medical treatment has made it tough to keep ourselves and our loved ones in the best of health.
Despite rising medical costs, no one chooses to compromise on a family's healthcare. In case of a medical emergency, we often struggle to meet the high cost of treatment. To help meet our medical expenses, we can look for financial help for medical treatment. We can also receive financial assistance at a great saving with no-cost EMIs to undergo the best available treatment.
What is a No-Cost EMI?
A no-cost EMI is a facility that allows you to pay for a product or service in affordable monthly installments and without any interest. It means that you have to only pay for the total price of the product or service, with no interest. Similar to buying a product like a mobile or a TV, medical treatment with no-cost EMI is something very useful in the healthcare industry.
A personal loan can be an additional burden on your pocket, as you have to pay a heavy interest on your loan. While a medical loan from GMoney is offered at zero interest with no additional charges and any hidden cost.
Emergency Medical Loan in Hyderabad
A medical loan is financial assistance that helps you pay medical bills for any type of treatment. With these funds, you can buy medicines, pay for your surgery, or can even pay for other medical-related charges, including doctor fees, ambulance charges, OT fees, medical tests, X-rays, and other medical expenses.
Apart from providing you with an emergency fund, there are several other benefits of a medical loan.
Medical Emergency Funds from GMoney
GMoney offers financial help for medical treatment in Hyderabad and other cities in India. This user-friendly loan is easy to apply for and offers several benefits including:
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Instant Approval: GMoney understands a medical emergency, so the loan process is simple, secure, and quick with instant disbursals. There is no waiting time, with almost same-day approval.
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Flexible Tenure: You can repay in flexible EMIs. GMoney allows repayment schedules according to your monthly budget so that you have to focus less on the payments and more on your health.
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Paperless Documentation: You need to upload only soft copies of the documents and can sign your loan application digitally. Once KYC is verified, the loan amount is transferred directly to the hospital's bank account.
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No Collateral: Medical loans demand no collateral as security. This loan is a type of personal loan and doesn't require any guarantee.
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Minimum Requirements: Instant medical loan from GMoney is easy with minimal requirements. You need to share your Aadhar card, pan card, income proof, etc., and once approved, funds are instantly disbursed from GMoney.
How Can You Repay a Medical Loan from GMoney?
However, the longer the loan tenure, the lower will be the EMI. You can even prepay your loan, after meeting certain conditions from GMoney.
The monthly installment for your loan can be easily deducted from your account. With the auto-debit facility, EMIs are deducted automatically through your bank.
Convert Your Medical Costs into No Cost EMIs
In Hyderabad, the high cost of surgeries and other medical-related expenses can burn our pockets. Medical treatment expenses in Hyderabad can vary from condition to condition. For example, in case of a spine injury, you need to pay at least Rs 2,50,000 as surgery costs. Similarly, if you are looking to straighten your teeth and want to undergo invisalign treatment, then you may have to spend between Rs 43,000 to Rs 2,50,000 depending on the severity of the condition, and the total number of sets required.
No-cost EMI financing is a noble initiative by GMoney that helps you in medical emergencies. With the help of these funds, you can pay for all types of medical treatments like dental treatment, cosmetic surgery, medications, IVF treatment, and other surgeries. The total treatment cost is converted into no-cost EMIs to help you repay without any significant financial burden on your monthly budget.
