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Need cash? Medical personal loans can help tide over coronavirus crisis

Your existing bank will give this loan, and rates may be better

health insurance
You are better off taking a personal loan than racking up credit card debt
Bindisha Sarang
1 min read Last Updated : Apr 12 2020 | 7:17 PM IST
  • A personal loan can help you meet unexpected expenses and medical emergencies.
  • Getting this loan from your existing bank is easier than from a new lender, during the coronavirus crisis. 
  • Lenders look at your credit score and existing borrowings to assess your repayment capacity.
  • If you are an existing customer, you can apply for the loan on your bank’s mobile app or through your internet banking account. 
  • You are better off taking a personal loan than racking up credit card debt. 
  • The tenure of these loans can range from one-seven years.


Topics :CoronavirusPersonal Loanloan rates