A medical emergency can lead to many financial hardships. Such emergencies force one to seek help from family and friends for financial assistance. To deal with such emergencies, one can avail of a personal loan at Fullerton India, which provides instant loans upon fulfilment of the required criteria.

The loan will help meet all your financial needs and allow you to sail through the testing times without any stress. You can simply apply online and get a Fullerton India personal loan for an emergency. The procedure for the same is straightforward and quick, and the funds will get transferred on approval of the loan.

Why take a personal loan in times of emergency?

Alongside giving you the necessary funds in otherwise financially draining times, you get the following advantages upon taking this loan:

• Instant Online Approvals: The application process of the medical loan is entirely digitized. All one needs to do is check the eligibility criteria, fill a form, upload documents, and get quick in-principle approval.
• Instant Loan Disbursal: After the final approval of the loan application, the money is disbursed into the account within 24 hours.
• Affordable Interest Rates: You can get attractive interest rates as low as 11.99% per annum on personal loans.
• Online Account Access: One can easily manage their loan account through the lender’s website or mobile application conveniently.
• No Need for Any Collateral: Medical loans are approved without any pledged asset and are approved based on the borrower’s eligibility.
• Minimal Documentation: Applying for a personal medical loan does not require much paperwork. And if the necessary paperwork is in order, then the loan gets disbursed in no time.

What are the eligibility criteria?

To avail of a personal loan, one must fulfil the following criteria:

• The individual must be a resident citizen of India
• The age of the individual must be between 21 years and 60 years.
• If the individual is salaried, the earnings should be at least ₹20,000 per month (₹25,000 per month for residents of metro cities). In the case of self-employed professionals, a minimum yearly profit after tax is relevant.
• Salaried applicants must have a work experience of at least 1 year, with at least 6 months in the current organization.
• Minimum CIBIL score of 750 with a good credit history

To know more about personal loans, click on personal loan eligibility.

How to apply for a personal loan?

Time is of the essence in the face of an emergency. That is why the whole procedure of applying for a personal loan is made simple and easy. Here is a step-by-step guide for an instant unique loan application:

• Step 1: Click on Apply Now. Perform OTP verification of the mobile number.
• Step 2: Fill in personal, employment, income, banking and other required details.
• Step 3: Select the loan amount and tenure according to the requirements.
• Step 4: Upload documents as requested
• Step 5: Click on Submit, appearing at the bottom of the page.
• Step 6: Within a minute, you will be informed of your in-principal approval depending on the information in your online application. For such applicants, the lender will provide a tracking number. That will aid in tracking the status of the required loan online.
• Step 7: The lender’s representative will get in contact with you for any extra information.
• Step 8: After verification of all documents, you will be given an offer. Upon acceptance, the loan will be approved.
• Step 9: The amount will be immediately disbursed to your account.

Conclusion

Medical emergency loans can prove to be tremendously supportive in demanding monetary situations arising from a health emergency. You can avail of an emergency personal loan and clear out the medical bills in a cash crunch. Therefore, you can meet all your monetary requirements with complete security and peace of mind. Make sure you do thorough research and choose the right lender.