Hospital bills are expensive; most people plan out their healthcare expenses well in advance to avoid a situation where their finances are completely depleted. However, in case of a medical emergency, it’s highly probable that these plans and the funds to support them would not be enough. If you find yourself facing this dilemma and don’t want to cause a sizeable dent in your savings, a personal loan may just be the best course of action for you to take.
A personal loan is a type of unsecured loan that is issued by banks or NBFCs without the need for any security or collateral. These loans stand out for their flexibility of usage and can be used for a vast range of medical treatments – including selective procedures, fertility treatments, surgeries, prescriptions and more.
Clix Capital is one such institute that provides personal loans for medical emergencies. With this financial offering, we ensure that our customers don’t end up in a tricky situation while paying for their healthcare expenses.
These kind of personal loans can be secured or unsecured. For such loans, a collateral may or may not be required. Since lenders are trying to gauge your ability to repay the loan, application of this type of a personal loan will primarily focus on the borrower’s credit history, age, and income among other things.
If you’re still on the fence about whether you should take a loan from Clix Capital, here are a few one can enjoy by opting for a personal loan from us.
1. Quick Disbursal
We aim to reduce the hassles involved with getting loans approved to make the entire process easier from the ground up. This can be seen in our loan disbursal process, with funds being transferred in less than 24 hours post approval.
2. Flexibility to Choose Tenure
Clix Capital allows for a flexible tenure period for their personal loan offers, which can range anywhere from 12 to 48 months. Borrowers can opt for a tenure period that goes well with their financial situation. Longer the tenure period, the lower the monthly installments – and vice versa.
3. Hassle-Free Paperwork
Personal loans – in all essence – are as convenient as it gets. Most financial institutions won’t bombard you with too much unnecessary paperwork. At Clix Capital, we only require you to submit basic documents, which include a completed application form, a passport-size photograph, ID proof, address proof, and income proof.
A medical emergency can knock at your door anytime, which makes it important to secure a viable source of funding as soon as possible. This is where Clix Capital comes into the picture, providing personal loans to account for these medical emergencies. With this funding, your impromptu healthcare expenses will be taken care of with ease!