A medical emergency can come knocking anytime, whether in the form of a sudden illness or a need for surgery. Such situations would not just cause stress but also take a big toll on your pocket. But when you can avail a cashless medical loan, you need not worry about treatment costs.
With a CASHe Medical Loan, you can get instant funds for all your emergency expenses, ranging from treatment, surgery, therapy, etc., during hospitalisation. With a fully online process and zero paperwork, getting an urgent medical loan from CASHe is quite fast and easy.
Let’s understand everything you need to know about the CASHe Medical Loan, including how to apply, benefits, treatments covered, and more.
What is a CASHe Medical Loan?
A CASHe Medical Loan is a special loan designed for those who need help during medical emergencies. It helps you pay for treatment, surgery, medicines, etc., during hospitalisation. So, with this, you do not have to run around for funds or borrow from friends and family during medical emergencies.
CASHe has partnered with AyushPay to make cashless medical financing of up to ₹3 lakhs even easier. This partnership helps you get medical treatment at 5000+ hospitals that are part of the AyushPay network. As the process is simple and online, you can apply for an urgent medical loan on the CASHe app and get it approved within minutes.
Why Choose CASHe for a Medical Loan?
There are many reasons why CASHe makes for a great option for you when you need money for medical treatments. Here are some of the significant benefits you can avail:
- Flexible Loan Amounts: Get a loan amount ranging from ₹45,000 to ₹3 lakhs.
- Quick Approval: You can get the loan approved in just a few minutes after applying.
- 100% Online: The loan process is completely digital, and you do not have to visit any office.
- Cashless Medical Loan: The money is sent directly to the hospital before your admission.
- Large Hospital Network: You can choose from over 5000 hospitals across India.
- Covers 30+ Procedures: With a CASHe Medical Loan, you can get treated for over 30 types of medical procedures.
- Cashback: Get 5% cashback within 48 hours of loan disbursal to the hospital.
- No Hidden Charges: The process is fully transparent, and you pay the quoted amount.
- Easy EMIs: You can repay in easy monthly instalments of 9, 12 and 18 months.
- Safe Transfers: Funds go directly to the hospital so that there is no misuse.
How to Apply for a CASHe Medical Loan
You can apply for a CASHe instant loan for a medical emergency in the following steps:
Step 1: Download the CASHe App and Register
You can get it from the Google Play Store or the iOS App Store. Enter your mobile number, verify with OTP, and add your email and bank details.
Step 2: Select the Loan and Treatment
Select Medical Loan from the types of loans and choose the treatment from the list of procedures.
Step 3: Choose Location and Hospital
Select your location and then the hospital from the list of network hospitals.
Step 4: Fill In the Required Details
Provide the basic information and upload the required documents.
Step 5: Review and Submit
Check all the loan details and submit the form.
Step 6: Get the Funds Upon Approval
Once your loan is approved, get the funds disbursed directly to the hospital.
What Does the CASHe Medical Loan Cover?
The CASHe Medical Loan takes care of a wide range of expenses related to medical treatment. Here’s what it covers during hospitalisation:
- Charges for hospital stay
- Surgery and other hospital treatments
- Post-surgery care
- Daily medicines and therapy sessions
- Ambulance costs
- 30+ Procedures, ranging from minor treatments to major surgeries.
Here’s the list of procedures covered under the CASHe Medical Loan:
| Procedure | Department |
|---|---|
| Dental Fracture | Dental |
| Flap Surgery | Dental |
| Root Canal | Dental |
| ENT (Adenoidectomy) | ENT |
| ENT (Fess Unilateral/Bilateral) | ENT |
| ENT (Mastoidectomy) | ENT |
| ENT (Tympanoplasty) | ENT |
| Septoplasty | ENT |
| Sinus Surgery | ENT |
| Tonsillectomy | ENT |
| Appendix Removal (Appendectomy) | General Surgery |
| Circumcision | General Surgery |
| DJ Stent Removal | General Surgery |
| Fissurectomy | General Surgery |
| Sphincterotomy | General Surgery |
| Fistulectomy | General Surgery |
| Gall Bladder Stone Removal (LapColi) | General Surgery |
| Hernia (Incisional Hernioplasty) | General Surgery |
| Hernia (Inguinal Hernioplasty) | General Surgery |
| Hernia (Umbilical Hernioplasty) | General Surgery |
| Hydrocele | General Surgery |
| Perianal Abscess | General Surgery |
| Piles Surgery (Hemorrhoidectomy) | General Surgery |
| Dilatation and Curettage ( D & C) ( DAY CARE) | Obs and Gynae |
| LSCS (For Delivery) | Obs and Gynae |
| Normal delivery (with well-baby care) | Obs and Gynae |
| Ovarian Cystectomy | Obs and Gynae |
| Uterus Removal (Hysterectomy) | Obs and Gynae |
| Cataract Surgery | Opthal |
| Kidney stone removal (RIRS) | Urology |
| Prostate Removal (Radical Prostatectomy) | Urology |
Also Read : Unexpected Medical Expense?
Who Can Apply for a CASHe Medical Loan?
You can apply for a CASHe instant loan for a medical emergency if you are:
- An Indian citizen.
- At least 18 years old.
- Salaried employee earning at least ₹50,000 per month.
Note: CASHe offers unsecured loans, and hence, you do not need any guarantor or collateral to avail the loan.
Documents You Need For a CASHe Medical Loan
The major documents you need for a CASHe Medical Loan include:
- PAN Card as your ID proof.
- Aadhaar Card to confirm your identity and address.
- Latest salary slips.
- Bank statement.
Note: Make sure the documents are updated and clear to speed up the loan approval process.
CASHe Loan Fees and Charges
Here’s what you should know about the fees and charges for a CASHe instant loan for a medical emergency:
| Interest Rate | From 2.79% to 3% per month (on reducing balance) |
|---|---|
| Processing Fee | 2.5% of the loan amount. |
| Late Penalty | 0.1% per day after the Grace Period |
| Interest-Free Grace Period | 5 Days |
Conclusion
Medical emergencies can empty your pockets anytime. Ensure you avail a medical loan for health treatment on time. With a CASHe Medical Loan, you can easily take care of expenses related to surgery, long-term treatment, or hospitalisation. Apply for the loan on the CASHe app today and get it approved within a few minutes.
Get treated at the best hospitals without delay.
