How Can I Avail of Instant Loan for Medical Emergency?

Getting an instant loan for a medical emergency is now quite simple. You can pay quickly for your medical bills with the help of GMoney's medical emergency loan.

Our life is full of uncertainties, and we never know what will strike the next moment. Life can catch us off-guard at any interval. A medical emergency is one of the uncertainties that can arise anytime, leading us to financial hardships. A medical emergency forces us to seek financial help. Even when we have medical insurance cover, we may have a shortage of funds to pay for various medical needs. GMoney medical emergency loan ensures you get funds just at the time when you need them most.

One of the best advantages of an instant loan for a medical emergency is that the funds can be utilized to pay for any type of medical treatment. You can use these funds to pay for ambulance charges, for various testing, for OT, to help with your medicines, or any other out-of-pocket expenses. The loan allows you to meet all of your medical financial needs. The overall purpose of availing of a loan for a medical emergency is easy and requires minimum time.

Benefits of GMoney Medical Emergency Loan

A loan for a medical emergency is offered with many user-friendly features to help you support when emergency financial needs and just in time. Getting an instant loan for a medical emergency was never that easy, as GMoney has made it. Below are some of the main benefits and features to help you provide a fair idea about GMoney medical emergency loan.

1. High Loan Amount: You can apply for an instant loan for a medical emergency from GMoney for a higher amount of funds. GMoney allows you to use these funds for medication, treatment, hospitalization, and any other type of healthcare need.

2. Flexible Repayments: Loans against your existing medical policies offered by GMoney has flexible repayment tenure. You can repay the loan rapidly or choose to pay conveniently over the long term. You can choose to pay in easy and flexible EMIs per your monthly budget and focus less on your repayment schedule while focusing more on your health.

3. Quicker Approval: Emergencies don't wait, and you need money within a minimum time frame. GMoney offers instant approval and quick disbursals for a medical loan against your existing medical policies. You do not have to wait for the processing and approval and can pay your medical bills almost instantly.

4. Paperless Documentation: GMoney requires only soft copies of the documents. You need to upload pictures of your KYC documents and can even sign your loan application digitally. There is no need to send hard copies of documents and wait till they are verified. Digitalization has ensured everything is quick and instant, and GMoney has an interactive digital platform.

5. Loan with Zero Credit History: GMoney also offers medical loans for individuals with zero credit profiles, provided they have a stable income source. You may often be denied a loan because you have no credit history. But with GMoney, you can get loans even with zero credit history.

6. No Collateral: GMoney medical emergency loan needs no collateral securities. You have to offer any type of collateral as security, as medical loans are considered insecure loans.

7. Minimal Documentation: While applying for an instant loan for a medical emergency from GMoney, you need to submit a minimum set of documents. GMoney understands a medical emergency and how difficult it is to collect all sorts of documents. So you need to submit a few papers while applying for a medical emergency loan.

8. Fewer Requirements: The requirements for getting an instant loan for a medical emergency from GMoney are minimal. There are certain age limits and income criteria that you have to match. A financial institution like GMoney can also scrutinize your credit history before approving a loan.

Get advance against your existing mediclaim policy from Gmoney.

GMoney Digital Health Card

You can also choose to pay for your medical bills with the help of a GMoney digital health card. Anybody can apply for this digital card. The GMoney card is accepted in more than 8700 hospitals in more than 400 cities in India. More hospitals are being added to the GMoney network monthly to ensure healthcare services reach every part of our country.

GMoney digital health card can be used to pay for any type of medical treatment and surgery across the network. You can use this card in multi-specialty hospitals, dental clinics, cosmetology centers, eye care hospitals, ENT treatments, hair care, IVF centers, wellness centers, physiotherapy, orthopedic hospitals, cardio and urology centers, and for other types of medical services.

GMoney digital health card is accessible easily and can be used through the GMoney App available on Google’s Play Store. GMoney also offers a pre-approved credit limit of up to Rs five lakhs based on your credit score and profile.

How to Apply Health Card Online?

It is elementary to apply for this health card online. Just log in to the GMoney website and apply for this card. You can even apply for this card by giving a miss call on 7400 177 177 from your registered mobile number or by even sending a WhatsApp message to 96156 95156.

While logging into the GMoney website or with the help of the GMoney app, you have to share your basic details, including your PAN card, profession, monthly income, Aadhar card details, etc. When GMoney verifies all the details, they will generate the digital card and send it to you directly. Health card creation to KYC and activation usually take less than 30 minutes. Once done, you are ready to use your credit limit and are eligible to pay with this digital card.

Conclusion

Even when you have health insurance, you may require additional funds and have to search for an instant loan for a medical emergency. GMoney offers an advance against your medical policy to help you pay your medical bills. Or, you can choose to pay with the help of a GMoney health card and repay in no-cost EMI with flexible tenure.

Get money before treatment directly to hospital bank account.