Who can apply
- Indian resident
- Age 21 to 60 years
- Salaried or self-employed with regular income
- Minimum monthly income of ₹15,000
- A credit history that meets each lender’s policy
Personal loan for medical needs
A personal loan for medical bills, when it can’t wait.
For treatment, surgery or recovery costs that insurance doesn’t fully cover. Share your details once and our team will connect you with RBI-regulated lenders.
- Usually no collateral
- No fee to apply
- Never pay upfront
What it can cover
Where the money can go.
A personal loan is paid into your bank account, so you decide how to use it.
Hospital and surgery bills
The part of the bill your insurance doesn’t pay.
Treatment and medicines
Ongoing care, tests, therapy and prescriptions.
Dental and eye care
Procedures that insurance often doesn’t cover.
Care at home and recovery
Nursing, equipment and rehab after a hospital stay.
Plan it well
Three things to do first.
Check your insurance first
Ask your insurer about cashless treatment and what they’ll pay. Borrow only for the gap.
Get a written estimate
Ask the hospital for an estimate, so you borrow the right amount, not more.
Pick an EMI you can manage
Recovery can affect your income for a while. Choose a tenure that keeps EMIs comfortable.
Before you borrow
A loan for the gap, not the whole bill.
Use every other source first, then compare offers on total cost.
- Use your health insurance, employer cover or Ayushman Bharat PM-JAY first
- Ask the hospital about payment plans
- Compare the APR and fees in the KFS, not just the rate
Example EMI
₹9,415 /month
For ₹2,00,000 over 24 months at an example rate of 12% a year. Not an offer; fees not included.
Plan your EMIEligibility
Who can apply and what you need.
Each lender sets its own criteria. Keep these handy; you won’t need to upload them on Firstfund.
Documents lenders usually ask for
- PAN card
- Aadhaar (for KYC, with your consent)
- Bank statements for the last 3 months (salaried) or 6 months (self-employed)
- Salary slips (salaried) or ITR (self-employed)
- Address proof, if different from Aadhaar
Good to know
Your rights as a borrower.
A Key Fact Statement before you sign
The lender must give you a Key Fact Statement with the APR, every fee and the repayment schedule before you sign. It stays valid for at least three working days, and a fee that isn’t in it can’t be charged without your consent.
Prepaying a floating-rate loan
For floating-rate personal loans sanctioned or renewed from 1 January 2026, lenders can’t charge a fee to prepay. Most personal loans have a fixed rate, so check the prepayment terms in the KFS.
Never pay to get a loan
Firstfund doesn’t charge you to apply. A real lender pays the loan into your own bank account, deducts any processing fee shown in the KFS, and never asks for money upfront.
Based on Reserve Bank of India directions on Key Facts Statements (2024), pre-payment charges (2025) and digital lending (2025). Your lender’s KFS and loan agreement have the final terms.
Questions
Medical needs: FAQs.
Can I use it for a family member’s treatment?
Yes. The loan is in your name and you repay it, but you can use it for your own or a family member’s medical costs. If a parent is 70 or older, check first whether Ayushman Bharat covers their hospital care.
Does the lender pay the hospital directly?
Usually not. The lender pays the loan into your own bank account, and you pay the hospital. Ask the hospital for a receipt for every payment.
Can I apply before my insurance claim settles?
Yes. If your insurer pays you back later, you can use that money to prepay the loan. Check the prepayment terms in the KFS first.
Does Firstfund charge me anything?
No. Sharing your details with Firstfund is free. Lenders may charge a processing fee, which they must show in the Key Fact Statement.
Other uses
Borrow for what matters to you.
Your next step
Ready for your next step?
Share your details once. Our team will connect with you about the next steps.
Apply now
Free. Firstfund never asks for an upfront payment.