Chola Medical Equipment Loan

Looking to upgrade or expand your medical practice? Chola offers specialized Medical Equipment Loans to meet the growing demands of healthcare providers. Whether you're a doctor, run a hospital, clinic, diagnostic center, or lab, we offer tailored financing solutions for new, used, and refurbished medical equipment.

Who Can Apply?

Chola’s Medical Equipment Loan is ideal for:

  • Hospitals and Nursing Homes
  • Diagnostic Centers and Pathology Labs
  • Private Clinics and Laboratories
  • Doctors and Medical Practitioners

Why Choose Chola Medical Equipment Finance?

  • Finance available for new, pre-owned, and refurbished medical devices
  • Flexible repayment options tailored to your cash flow
  • Quick processing with minimal documentation
  • Competitive interest rates
  • End-to-end support from application to disbursement
  • Flexible tenure
  • Loan value from 10 Lakhs to 5Cr

Quick Financial Support

Chola Medical Equipment Loan – Eligible Equipment

1. Diagnostics & Imaging

  • X-Ray
  • Ultrasound – USG
  • Echo
  • Colour Doppler
  • Microscope / Other Scopes

2. Lab Technology

  • Analysers
  • Microscopes
  • Centrifuge
  • Incubators
  • Microbiology / Molecular Biology Analysers
  • Chromatography
  • Spirometers

3. Radiology

  • X-Ray
  • Digital Radiography – DR System
  • Computed Radiography – CR System (Advanced X-Ray Systems)
  • Cath Lab
  • CT
  • Mammography

4. Pharma Equipment

  • API Producing Equipment
  • Drugs and Pharma Testing Equipment
  • Packaging Equipment

Frequently Asked Questions

  • What is Medical Equipment Financing?

    Loans & Lease financing solutions for Medical Equipment Purchase for Healthcare Professionals. Doctors / Diagnostic Center Owners / Lab Owners & other healthcare related professionals can borrow loans with no additional collateral.

  • What Types of Equipment Can Be Financed?

    Chola Finances Diagnostics / Imaging / Lab & Radiology equipment like USG / Pathology & X Ray technology equipment.

  • What Are the Benefits of Medical Equipment Financing?

    Some key benefits include conserving cash flow by avoiding large upfront payments, flexible payment terms, and the ability to upgrade to the latest technology without significant financial strain.

  • What is the interest rate on your loan facility?

    Chola offers Interest Rates suitable to borrower’s cash flows and competitive.

  • What is the repayment structure of the loan?

    Loans / leases can be repaid in easy instalments.

  • How Do You Qualify for Medical Equipment Financing?

    Qualified Medical Professionals like Doctors / Medical Field experts with relevant degrees / diplomas directly related to healthcare industry with good credit records & relevant work experience.

  • Can Startups Qualify for Industrial Equipment Financing?

    Yes, please connect with us for more information.

  • How long will it take to process the loan?

    With all required documents, 3 working days.

  • What are the stages involved in availing a loan?

    • Application
    • Sanction Processing·
    • Sanctioning of the loan
    • Documentation
    • Disbursement

Years of Excellence

47

Years of Excellence

States & Union Territories

32

States & Union Territories

Strong Workforce

64,900+

Strong Workforce

Branches

1613

Branches

Assets Under Management

₹1.99 lakh Cr

Assets Under Management

Happy Customers

43.7 lakh+

Happy Customers