New Delhi, March 4 -- In case of a sudden medical expenditure, Indians take a loan generally to bridge the gap. However, between a medical loan and a personal loan, do you opt for one over the other?

Read ahead for both of them to choose wisely:

Medical loans are tailored to finance the cost of healthcare, with additional benefits like reduced interest rates and convenient payment terms. They can be applied for surgery, medical procedures, dental work, fertility treatment, etc.

The one best thing about medical loans is that they are specific to the medical field. They offer delayed payment schemes so that patients may focus on healing prior to making a repayment for the amount. Lenders or financial institutions dealing with medical loa...