New Delhi, July 1 -- Unanticipated medical emergencies provide no time for financial indecision. With healthcare costs in India rapidly rising, a personal loan (for an emergency) can be a lifesaver. These loans ensure that your concerns are only about getting well, whether for an unexpected surgery, an unforeseen accident, or a long course of treatment.

Because a personal loan is an unsecured credit product, it is ideal for emergencies where time and flexibility are essential.

Yes, no collateral is needed for personal loans for medical emergencies. As an unsecured loan, the following is considered when the lender evaluates the applicant:

This type of loan allows quick access to money since you do not need to pledge gold, real estate, o...