Medical Loan Interest Rates And Charges

Interest Rates

Our interest rates that start at 10.75% are competitive amongst the other players in the industry. However, it depends on medical loan eligibility, income, whether salaried and other criteria to determine the interest rates for the medical loan offered.

Medical Loan Interest Rates Per Year

Starting from 10.99%

Medical Loan Amount

Ranging from ₹ 75,000 to ₹ 25,00,000

Loan Tenure

Ranging from 12 months to 72 months

Miscellaneous Charges

Processing Fees
Up to 2.00%
Preclosure Fee*
Up to 4.00%
Part Payment Fee

You can pre-pay part of the loan any time after 6 months of availing a Personal Loan without any penalty or additional fee. A fee of 2% (of the amount paid) + GST is applicable beyond 25% of the principal outstanding.

Disclaimer

The fees/charges indicated above are subject to revision at Tata Capital’s discretion from time to time.

FAQs

The Medical Loan interest rate depends on factors such as the loan amount, the organization you are working for, the range of your salary, and the city you are living. 

The maximum amount you can borrow through a Medical Loan depends on your eligibility. However, you can take up to ₹ 25 lakhs.

You can take up to 72 months to repay a Medical Loan.

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