

Empowering Healthcare Financing
Access hassle-free loans tailored for medical needs. Simplifying financial solutions for individuals and healthcare businesses.
✔Customized medical loans for your needs. ✔ Easy application process, saving time. ✔ Comprehensive support at every step. ✔ Flexible terms to suit your situation. ✔ Trusted partner in healthcare finance.




Salient Features

Flexible Tenure

Low Interest rates

Easy Loan servicing

Digital Process

RBI approved NBFC
Our Loan Process

Apply Online
Effortlessly submit your loan application online for quick processing.

Quick Approval
Get your loan approved promptly with our efficient approval system.

Funds Transfer
Receive funds directly into your account for immediate medical support.
EMI Calculator
Calculator Information
The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.Calculator Assumptions
Length of Month
All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.Number of Weeks or Fortnights in a Year
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.Rounding of Amount of Each Repayment
In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.Rounding of Time Saved
The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.Amount of Interest Saved
This amount can only be approximated from the amount of time saved and based on the original loan details.Calculator Disclaimer
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
Feel free to use our Equipment Finance Calculator
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Calculator Disclaimer
The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by Tervecred. It does not take into account your personal or financial circumstances.
About TerveCred
At Tervcred, we pride ourselves on being more than just a financial institution. We are your trusted companion in traversing the complex landscape of healthcare financing. With a clear mission in mind, we are dedicated to extending unwavering support to both individuals and healthcare businesses, ensuring that everyone has access to the resources they need to thrive.
Our commitment to providing tailored loans and comprehensive assistance underscores our belief that financial solutions should be as unique as the individuals and organizations they serve. Whether you’re an individual seeking assistance with medical expenses or a healthcare business looking to expand your services, we’re here to help every step of the way.
We understand that navigating the financial aspects of healthcare can be daunting. That’s why we go above and beyond to provide personalized support, guiding our clients through the process with care and expertise. From helping individuals explore financing options for necessary treatments to assisting healthcare businesses in securing capital for growth and innovation, we are dedicated to making the journey as seamless as possible.

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Our Lending Partners


FAQs
- Medical loans are financial products designed specifically to cover healthcare expenses, including medical procedures, surgeries, treatments, and even elective procedures like cosmetic surgery. They typically work like personal loans, where the borrower receives a lump sum of money upfront, which is then repaid in installments over time with interest.
- Medical loans can cover a wide range of expenses, including but not limited to hospital bills, doctor’s fees, surgery costs, medication expenses, diagnostic tests, rehabilitation services, and even medical equipment or devices.
- Applying for a medical loan with Tervcred is simple and straightforward. You can start by filling out an online application form on our website or contacting our customer service team for assistance. We’ll guide you through the process and help you gather the necessary documents to complete your application.
- While the specific requirements may vary depending on the loan amount and your financial situation, common documents needed for a medical loan application include proof of identity (such as a passport or driver’s license), proof of income (such as pay stubs or tax returns), bank statements, and any medical invoices or estimates related to your treatment.
- Eligibility for a medical loan is typically based on factors such as your credit score, income level, employment status, and existing debts. Tervcred considers each applicant’s unique financial situation and may offer flexible terms and competitive interest rates based on their creditworthiness.
- While medical loans are intended for healthcare-related expenses, once the funds are disbursed to you, they can be used at your discretion. However, it’s essential to borrow responsibly and prioritize your medical needs when utilizing the loan amount.
- With Tervcred, you can enjoy instant disbursement of funds upon approval, thanks to our completely digital process. Once your application is approved, the funds are swiftly transferred to your designated bank account, allowing you to address your medical expenses without delay.
No, we are not a bank or NBFC ourselves. Instead, we collaborate with various banks and NBFCs to offer medical loans. This partnership allows us to provide a diverse range of financial solutions tailored to meet your medical needs.