Business Loan for Medical Store

Looking for a quick medical store business loan to scale up your medical shop business to a new height? We at Ziploan offer instant MSME loans of up to 7.5 lakh to meet your financial requirements. You can get a fast medical shop loan online in just 3 days* after submitting few documents.

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instant business loan

ZipLoan is the Lender of Choice for Small Businesses.

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Minimal Documentation

No balance sheet needed

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No Prepayment Charges

After first 6 EMIs

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Receive Funds Within 3 Days*

Straight into your account

What is Medical Store Loan?

A medical store loan is a type of business loan that financial institutions and banks provide to private hospitals, clinics, and medical stores to stock medicines, revamp clinics/stores, hire skilled employees and buy medical equipment.

Top Features of Medical Store Loan:

  • Medical Shop Finance up to Rs 7.5 lakh – We offer medical equipment finance ranging from Rs. 1 to 7.5 lakhs. 
  • Loan in 3 Days* - Online submission of the documents lets us process your loan application faster. We disburse the loan amount within three days* after getting your business loan documents.
  • Apply Online - To apply doctor loan scheme fast and comfortably, we have made the entire application process online. 
  • Best Interest Rates - Our medical shop loan interest rates are the best in the industry. No manual intervention but the automated process makes our process and interest rates fair. The interest rates are offered on the basis of your business's repayment ability.
  • Flexible Repayment Tenure - Our repayment tenure starts from 12 months to 36 months. Therefore, you get enough time to repay the loan amount.
  • No Prepayment Charges - We offer medical loans at no prepayment charges after you have paid the first 6 EMIs (excluding pre-EMI).

Benefits of Medical Business Loan Scheme from ZipLoan

The following are the benefits of availing of a medical store loan from us:

Eligibility Criteria for Medical Shop Loan

Our medical equipment financing eligibility criteria are simple to let more and more business individuals avail of the loan amount.

Documents Required for a Medical Shop Loan

 ProprietorshipPartnershipPvt. Ltd. / LLP / One Person Company
Bank statement (12 months)
Business registration proof
PAN Card
Aadhar Card
ITR of the previous two years

Medical Store Loans Fees & Interest Rates

Customized Interest RatesYes
Loan Tenureup to 36 months
Pre-closure chargesNil** after paid the first 6 EMIs
Eligibility CriteriaAnnual turnover more than Rs.10 lakh
Loan Amount₹ 1 Lakh – ₹ 7.5 Lakh

How to Apply for Medical Store Business Loan

Here are three-step process to medical shop loan apply online from ZipLoan:

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Solving Real problems

Ram Yadav

I have been running my business for over twelve years but have not been able to undertake expansion activities. I applied to Ziploan and they cleared my loan application in a very short span of time.

Kanchan Lata

I approached Ziploan for an equipment finance loan. Their eligibility criterion was easy to fulfill because it required only 2 years ITR and 10 lacs of annual banking credit.

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