How to Pay Hair Transplant Surgery Cost through Personal Loan
Hair is the crowning gem that keeps you looking young for a longer period. However, not everyone is endowed with thick, healthy hair. Hair loss may be psychologically painful since it lowers self-esteem. Baldness is a genetic disorder that affects some individuals even in their 20s. This generates a feeling of inferiority, with some people facing difficulty finding compatible relationships.
How can you discover a long-term solution to this problem? What can you do to restore your enthusiasm for life? There are, in fact, two alternatives. The first option is to wear a wig for a short time. It cures the issue, is reasonably priced, and has no negative side effects. You must, however, remove it at night and take proper care of it. Another alternative is to get a hair transplant. It is more costly but offers a long-term solution to the issue. However, it might be pricey at times. To cover the cost, you can apply for a personal loan.
What Exactly Are Personal Loans?
A personal loan is borrowed at a fixed rate and repaid over time. These loans are unsecured. Thus, no security or assets are required. You can use the loan proceeds to meet your urgent money needs, whatever they may be. When you apply for a personal loan, it is a fantastic solution to all your money needs.
A personal loan is likely one of the most vital duties. You must alter your budget to repay it on time, even without paying a lump sum. Yet, if you want a loan, make an effort to get one with the lowest personal loan interest rate available.
Hair Transplant Types
In India, the average price of a transplant is Rs. 57,000. It may cost as much as Rs. 2,65,000 based on your doctor of choice and other factors. The level of hair loss, the region to be fixed, your age, your hair texture, and the kind of surgery you select all influence your hair transplant costs. Unsecured loans are available for both cosmetic and medical operations.
There are two types of hair transplants based on where the donor site is harvested:
- Strip harvesting
- Follicular Unit Extraction (FUE)
There are two kinds of hospital devices used during a hair transplant:
- Manual hair transplantation
- Robotic hair transplantation
Perks of Applying for a Personal Loan for a Hair Transplant
- Easy to use
You may use the online method if you don’t know how to apply for a personal loan offline. Lenders’ websites are simple to use. Lenders will walk you through the process of filing a loan online step by step. Many lenders also offer a chatbot service that handles clients’ questions 24 hours a day, seven days a week.
- Easy Comparison
When you apply for a personal loan online, you can compare many loan interest rates and offers with just a few clicks. Many websites now enable users to make decisions based on data from multiple lenders listed on the site. You can also check to see if you are eligible for a loan and use the loan EMI calculator to figure out the best EMI to pay.
- Minimum Work Required
You must follow very few steps when you apply for a personal loan online. You need KYC papers, proof of income, and a passport-size image to complete your loan form. The online application process is ideal if you need a personal loan right away.
- Instant Approval
Many lenders allow you to apply for personal loans online through their website or an online app. The loan request is completed faster because the method does not require many papers for verification and processing. The money is released into your account when the lenders have verified the scanned papers.
How Can You Get a Personal Loan for Your Hair Transplant Surgery?
The way a person looks has a major impact on his or her identity and self-esteem. If you are self-conscious about your lack of hair, hair transplant surgery may help. Yet, the surgical cost might be a barrier if your resources are insufficient to pay this unpaid bill. Apply for a personal loan to help you pay for this cosmetic surgery. You may satisfy your varied needs by getting a personal loan from the right lender.
You may apply for a personal loan with flexible repayment choices and affordable interest rates. Preparing and applying online with proper paperwork takes just a few minutes.
Eligibility Criteria for a Personal Loan for Hair Transplant Surgery
Loan eligibility varies from lender to lender. Here are the general criteria followed when applying for personal loan.
- Your age must range from 21 to 58.
- You must have at least one year of work experience and at least six months of job history at your current workplace.
- A monthly salary of Rs. 20,000 is needed.
Papers Needed For A Personal Loan For Hair Transplant Surgery
Asking for a loan is simple and fast. To begin, go to the lender’s website and complete the online form. Along with your loan form, you must apply for a personal loan with the following documents:
- ID Proof
PAN card, Aadhaar card, driver’s permit, voter ID, and any other official ID with your picture and name are accepted as proof of ID.
- Proof of Address
Your utility bills, passport, ration card, or voter ID are proof of residency to apply for a personal loan.
- Proof of Job
Your work ID card acts as proof of employment.
- Money Records
You must also supply your bank records, Form 16, and the last two months’ pay slips.
Conclusion
A personal loan may normally be found with a good rate and terms. If you need direct support covering the whole hair transplant cost, you can apply for a personal loan. It can prove to be a good choice.
A hair transplant may improve your mood and give you more confidence. After you’ve chosen the correct specialist and determined your costs, compare the personal loan choices to see which one will get you closer to your new hair.
For similar blogs, you can visit Piramal Finance and explore their products and services.