KBL Medi Equip Loan

An essential component of modern healthcare, this loan offers hassle-free financing for healthcare providers, facilitating access to cutting-edge medical technologies to ensure continuity of care and improve the overall quality of healthcare services. Even relatively basic equipment when required in large quantities or specific configurations can strain the budgets of hospitals, clinics and other healthcare facilities. KBL Medi Equip Loan is designed to remedy this by helping the healthcare sector enhance efficiency and improve the quality of care. Read more Read less

Why this account is for you

Designed to give you just what you need

A hassle-free application process for your convenience

An accessible loan with affordable rates and charges

Concessional collateral and interest rate if purchased from vendor list

Features

CGTMSE COVER

CGTMSE cover upto Rs 5 crore.

One-time FLC/ILC

One-time FLC/ILC equal to the sanctioned limit towards machinery or equipment purchase.

Hybrid model of security

Combination of mortgage of properties and CGTMSE is available.

Emi Calculator

Loan amount
25000 1000000
Rate of interest
2% 18%
Loan tenure
1 Months 60 Months

You will pay

₹13,800/Months

Not sure which product is for you?

Let’s find the best fit together

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  • Dedicated KBL experts
  • Set up a call on your time

Eligibility criteria

  • Individuals aged 25 years and above
  • Existing and new borrowers constituted as hospitals, laboratories, diagnostic centers, nursing homes, clinics (self-employed doctors), who have a minimum experience of 3 years

Documents required

  • Loan application
  • ID and address proof (KYC documents)
  • Udyam Aadhaar, GST registration, License or any
  • other valid documents
  • Audited financial statement
  • Legal opinion and valuation of offered security
  • Operative account statement (only for new customers)

As easy as 1,2,3...

Apply for KBL Medi Equip Loan in 3 simple steps

Step 1

Visit your branch or apply online

Go to your closest Karnataka Bank branch or apply online

Step 2

Submit your form

Fill out and submit the loan application form

Step 3

Verify your details

Upload the documents and wait for us to send you a confirmation

As easy as

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Got questions? We’ve got answers.

What is the purpose of this loan?

This loan is designed to facilitate access to cutting edge medical technologies to improve the efficiency and quality of the healthcare sector by
offering hassle-free financing for healthcare providers at competitive interest rates. You can use this loan to procure high tech medical
equipment such as ECG machines, MRI scanners, ultrasound scanners, CT scanners, X-Ray machines, color doppler, linear accelerators, day
camera mammography, cath lab, monograph X-Ray fluoroscope (Indian & imported machines), ophthalmology endoscopes, OT set up, etc

This loan offers financing up to ₹10 crore.

The tenure for this loan is up to 60 months for amounts up to ₹2 crore and up to 84 months for amounts above ₹2 crore and up to ₹10 crore.

Individuals 25 years and above, existing and new borrowers constituted as hospitals, laboratories, diagnostic centers, nursing homes, clinics (selfemployed doctors), who have a minimum experience of 3 years are eligible for this loan.

To avail this loan, you need your loan application, KYC documents as ID and address proof, Udyam Aadhaar, GST registration, license or any other
valid documents, audited financial statement, legal opinion and valuation of offered security, and operative account statement (only for new
customers).