ICICI Bank Healthcare Equipment Loans – Interest Rates, Eligibility
Get your health care equipments like ECG Machines, MRI Scanners, Ultrasound Scanners, Colour Doppler’s, sonography machines, X-ray Machines, Cath Labs, Dental Chairs and many more financed from us. We also fund Imported High End Medical Equipment’s like MRI Machines, CT Scan Machines PET CT Scan, Cat Labs, Ultrasound Machines, Colour Doppler etc.
Hassle-free loan sanction system
Easy finance for your business with quick turn-around time and simple documentation process.
Wide outreach
Get funds anywhere in the country with our network spanning across locations pan India.
ICICI Bank Healthcare Equipment Loans Interest Rates
Specific interest rate applicable to a customer would be based on factors such as customer profile, relationship and tenure of loan etc.
Eligibility Criteria for ICICI Bank Healthcare Equipment Loans
Eligible Borrower Profile | Eligible Borrower Category |
Certified Doctor | Individual or Self-Employed |
Hospitals | Proprietary or Partnership firms |
Clinics | Companies (Pvt. Ltd & Public Ltd) |
Nursing Home | Trusts |
Diagnostic Centre | Societies (only registered) |
Pathology Lab | |
Derma & Dental Clinic | |
Endoscopy Centre | |
IVF Centre | |
Medical Equipment | |
Pharmaceuticals manufacturer | |
Educational & Research institute |
Loan Amount
- The loan depends on applicant’s requirement.
- Funding can be to the extent of 90% of the equipment cost.
Sanctioning
- Loan is generally granted for the purchase of new healthcare equipment
- The time for sanction of a loan is usually 3-4 days from the submission of complete documents
- However, this may vary depending on the nature of the loan, the quantum of funding, etc.
- Prompt support for letter of credit for import of equipment.
Repayment
- The tenure of the loan may vary from 12 to 84 months, depending upon the nature of the deal and the repayment capacity.
- Repayment can be made through post-dated cheques (PDCs) / ECS or through Auto-Debit (in the case of ICICI Bank account holders).
- Prepayment of the loan is allowed, at a charge indicated on the ‘Service Charges’ page.
- In the event of an accident, you need to inform our local representative of it.