Kotak Mahindra Bank is pre-empting healthcare financing


Kotak Mahindra Bank (KMBL) announced today that it has launched a bespoke and holistic suite of healthcare financing solutions ranging from healthcare infrastructure loans to medical device financing to unsecured healthcare loans and targeting key health care stakeholders such as hospitals, laboratories and diagnostic centers, nursing homes, clinics, doctors, and medical device manufacturers and distributors.

This includes credit facilities like the Insta rapid loan approval program up to Rs. 50 lakh.

Sunil Daga, President & Head – Business Banking Assets, Kotak Mahindra Bank, said, “The industry is at a crucial juncture and we believe the time is right for a tailored and diversified range of financing options that span the entire supply chain. Kotak’s healthcare financing offering will support the growth of the Indian healthcare industry, ”added Daga.

KMBL offers the full range of healthcare financing options: financing for new and refurbished medical equipment to purchase medical equipment from manufacturers / authorized dealers, working capital loans to manage the cash flow requirements of the company’s facilities, hospitals and clinics, expanding capacity or setting up new hospitals, Clinics and diagnostic centers; Unsecured Doctor Loans & Debt Loans to Healthcare Institutions and Individual Doctors for Business Expansion; Insta program – quick approval for loans up to Rs. 50 lakh with minimal documentation

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Posted on Tuesday September 21, 2021 3:50 p.m. IST


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