These loans are typically unsecured personal loans that can be used to pay for medical expenses, such as surgeries, hospital stays, prescriptions, etc.

Advantages of medical emergency loans is that they can provide :-

1. Quick Funds: In emergency situations, medical loans can provide instant funds, which can be crucial for getting the necessary medical treatment without delay.
2. Low-Interest Rates: Medical loans often have lower interest rates which can make personal loan affordable.
3. Flexible Repayment Terms: Medical loans can have flexible repayment terms, ranging from a month to 2 years, allowing you choose a repayment plan that fits in the budget.
4. No Collateral Required: Medical loans are typically unsecured loans, which means you do not need to provide collateral to secure the loan.
5. Multiple uses of Medical Expenses: Medical loans can be used for a wide range of medical expenses, including surgeries, hospital stays, prescriptions, and even elective procedures.
   

To apply for medical emergency loan, follow these simple and easy steps:

1. Fill out the application: Enter your basic details such as name, contact details, etc.
2. Get your documents: Most lenders will need documents such as PAN card, Aadhar, salary slip, etc.
3. Instant loan approval: Online lenders will review your documents and will process your personal medical loan.
4. Disbursal: Get the medical loan amount transferred directly into your account within a day.

Overall, medical emergency loans can provide peace of mind during unexpected medical situations by providing quick access to funds.