A medical loan is a type of personal financing designed specifically to cover healthcare-related costs such as surgeries, treatments, specialist visits, or emergency procedures. It is an unsecured loan, meaning you don’t need collateral, and repayment is done through fixed monthly installments over an agreed term.

Eligibility is open to:

• Singapore Citizens and Permanent Residents (PRs)

• Foreigners with a valid Work Permit, S Pass, or Employment Pass

• Individuals aged 21 and above

• Applicants with proof of income (CPF history or payslips) and valid identification

Our medical loans can be used for:

• Private hospital or clinic bills

• Surgery and dental procedures

• Fertility treatments and maternity care

• Rehabilitation and physiotherapy

• Health screenings or diagnostics not covered by insurance You do not need to declare your medical condition when applying.

The loan amount depends on your income and credit profile. For Singaporeans / PR: -If your annual income is less than $20,000, you are eligible for a loan of up to $3,000. -If your annual income is $20,000 and above, you are eligible to loan up to 6 times your monthly income. For foreigners: – If your annual income is less than $10,000, you are eligible for a loan of up to $500. – If your annual income is between $10,000 to $20,000, you are eligible for a loan of up to $3,000.

• If your annual income is $20,000 and above, you are eligible to loan up to 6 times your monthly income.

At Best Licensed Moneylender, the process is fast and efficient. Apply online via MyInfo, and receive in-principle approval in under 10 minutes. Once approved, funds are disbursed on the same day via PayNow or in-person collection at our office.