Medical Equipment finance / Loans designed for doctors / Healthcare entrepreneurs, Entities and Healthcare ancillary
units to Acquire the Medical equipment’s / lab equipment’s and operational required Plant & Machinery. This is different
from our regular term loans, this product provides a long-term funding against the medical equipment purchased.
sometimes it will do as collateral free loan or against collateral, the loan amount and rate of interest depends upon the
borrower credentials and it will vary bank to bank.
This medical equipment finance product will address the requirement of Super speciality, General Hospitals, Nursing
Homes, Small to Corporate level hospitals, Labs & diagnostic centres.
Documents Required for Verification and Processing
Required Documents
Required Equipment & Machinery Details
- Proforma Invoice / Quotations of proposed
- Equipment’s
- Project cost information
Incorporation certificate/Registration
- certificate, MOA, AOA, GST
- registration certificate/ Trade License,
- Certified copy registered partnership
- deed or sole proprietorship
- declaration.
- Last 3 years ITRs and Computations. Audited
- Balance sheets
- Last 12 months GST returns copies
- Bank statements
- Last 12 months bank statement.
- Copy of Pan / Aadhar /Passport /Voter
- Id/Driving License.
Existing Loans sanction letters
- Sanction Letters of Existing loans and
- balance outstanding as on the day.
- Existing loans Repayment Statements /
- track record
others required Documents
- • List of Assets for "Plant Hirers"
- • Previous equipment ownership proofs & finance details
- Collateral Property Document
- • Title Deeds / Link Documents from last 30 Years
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