What is the purpose of the health loan?

The purpose of a health loan is to provide funding for medical expenses such as hospital bills, surgeries, diagnostic tests, and other healthcarerelated expenses. It can be used to cover both planned and unexpected medical costs. Health loans can be availed by individuals who do not have sufficient savings to pay for medical bills or do not have medical insurance to cover the expenses. The loan can be repaid in monthly installments over a specified period of time, with interest.