• SMC open account icon Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Home  > Products > Financing > Medical Equipment Financing


Medical Equipment Financing is the loan provided for the purchase of medical equipment by creating hypothecation of same machinery.


  • Fixed rate of interest
  • Term loan on medical equipments.
  • Loan ranging from 5lakhs - 20 crores.
  • Hypothecation of machines.
  • Tenor 12- 84 months
  • LTV Max 85%
  • Quick turnaround time
  • Customized offerings to suit customer needs.
  • Flexibility in tenor and repayment options.


  • Quick turn-around time
  • Professional and transparent approach
  • Part payment facility also available.

Need A Loan

* Indicates Mandatory fields

smc-loans-eligibility Eligibility

Minimum Age

  • 25 years for Doctor
  • 21 years for other partners/shareholders

Maximum Age

  • 65 years


  • Min 3 years for MD/MS/MDS/PG.
  • Min 5 years for MBBS/BDS

Service Charges

Processing Fees

From 1% to 2% of the Loan Amount depending upon case to case basis + applicable taxes

Other Charges

Other charges including but not limited to statutory charges such as stamp duty on documentation, Monitoring and Inspection Charges and Quality checking charges etc., as applicable, and any other charges as communicated to the customer from time-to-time by SMC FINANCE are to be payable by the client.

Interest Rate


Foreclosure Charges

2% plus applicable taxes


  • Application form.
  • Loan agreement.
  • Mortgage Deed.
  • FATCA Declaration.
  • Basic KYC Documents.
  • Financials.
  • Income documents & Bank statement.
  • Copy of property papers to be mortgaged.

Terms & Conditions

  • The property must be free from any encumbrances.
  • The property must be mortgagble.
  • The loan amount is subject to the valuation of the property.
  • The loan funding depends upon validity of title documents of the said property and its current market value.
  • The Loan to value on residential Property is upto 60%, against commercial property is upto 50% and against industrial / plots (only residential or commercial) is upto 40%.

About SMC

Established in 1990, SMC is one of the leading and well-diversified financial services companies in India offering services across brokerage (across the asset classes of equities (cash and derivatives), commodities and currency), investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking and clearing services and real estate advisory services to corporate, institutional, high net worth individuals and other retail clients.

people icon
serving over
18 Lac
unique clients
add people
Workforce of
Presence in500+ cities & oversease offices in Dubai
large network of
2,500+ sub-brokers & authorised persons
secure wallet
Cumulative AUM under Mutual Funds 3,000+ crores
*As on 31st March 2018


What is Medical Equipment Financing?
Medical Equipment Financing is the loan provided for the purchase of medical equipment by creating hypothecation of same machinery.
In how many years can I repay the loan amount?
You can opt for a loan period of up to 7 years, which can vary depending on the purpose of the loan and your profile.
Who can be my co-applicant?
If you are an individual – your spouse, your parents, or even your major children can be your co-applicants.
When will the loan be disbursed?
You can take the disbursement after the original invoice has been submitted to SMC with hypothecation marked.
Does the Equipment has to be insured?
Yes for fire and theft
What kind of security is required?
The equipment will be hypothecated in favour of the company till the loan last.
Can I repay the loan ahead of schedule?
Yes. You can repay the loan ahead of schedule. An early redemption charge is payable as applicable.

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube
  • Instagram


SMC Global Securities Ltd | CIN : L74899DL1994PLC063609 | Registered Office: 11/6B, Shanti Chamber, Pusa Road, Delhi-110005. | Tel +91-11-30111000 | Compliance Officer: Mr. Ashok Kumar Aggarwal | Tel 011-30111000 Extn. 170 || Customer Care Email –| Complaint Email –| website:

SEBI Reg. No. INZ000199438, Member: NSE (07714), BSE (470), MSEI (1002), MCX (8200) & NCDEX (00021). DP SEBI Regn. No. CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH100001849, Mutual Funds Distributor ARN No. 29345. •Insurance services are offered through SMC Insurance Brokers Pvt. Ltd. IRDAI Regn. No: DB 272/04 License No. 289 Valid upto 27/01/2026. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. PMS is not offered in commodity derivative segment. Insurance is the subject matter of solicitation. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned in this report can fall as well as rise.

By submitting your details to SMC, you are authorizing us to send promotional communication through Call/Email/SMS/Whatsapp even though you may be registered under DND.


Toll-free : 1800-11-0909

Plus Minus 
Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)

Open my trading account now!  X 

* All fields are compulsory