Hospitalisation Bill Loan

A hospitalisation bill loan is a form of unsecured personal loan that helps you cover the cost of your hospital stay and  any other costs arising from your hospital stay. 

While you might be eligible for the various government subsidies, there is a limit to how much these subsidies can help you with. 

This is where a hospitalisation bill loan can provide you with prompt financial assistance. 

With a hospitalisation bill loan, you will be able to cover for the for costs including, but not limited to:

• Cost of hospital stay
• Ward upgrades 
• Surgical procedures
• Non-surgical procedures 
• Consultations
• Medicine
• Medical tests
• Follow-up visits

The three main differentiating factors between our hospitalisation bill loan compared to other financial institutions are:

• Speed
• Ease of application
• Service rendered

We believe in providing you with a hospitalisation loan in the shortest time possible. 

This is why we have streamlined our borrowing process into 3 simple steps. 

Moreover, we do not go through rigorous credit checks and also do not require much paperwork. 

Ultimately, our experienced loan officers will be there to guide you on the best hospitalisation loan package for your needs and provide professional advice so that you’ll be able to concentrate on recuperating, while knowing that your hospitalisation bill expenses are well taken care of.

Source: Ministry of Health, Singapore

Yes, it is possible!

There may be instances where you are looking to help your family or friend cover the cost of their hospitalisation bill. Lending Bee® can help with that. 

1. Type of loan required

Before you enter into any loan contract, it is important to discern between secured and unsecured loans.

• Unsecured loans have a lower borrowing threshold. However, they do not require collateral.
• Secured loans have a higher borrowing threshold. However, they require collateral.

2. Interest rates

Ensure that you are getting the best interest rates as they will significantly affect your monthly repayments.

Additionally, there may be hidden fees that you might be unaware of:

• Origination fees
• Service fees
• Underwriting fees

Lending Bee® does not practice any of such fees. Additional fees, if any, will be made known to you before you sign your loan contract. 

3. Loan tenure

Your loan tenure will also have an impact on the cost of your total loan. 

Ensure that you work with a loan tenure that is comfortable with you so that you can make comfortable repayments.

4. Your current financial situation

This is going to be the most vital factor. 

Know where you currently stand in your finances so that you will be able to make better financial decisions, especially on the loan amount that you are looking to apply for.

To qualify for a loan with Lending Bee®, you’ll simply have to:

• Be a Singapore Citizen, Permanent Resident or a Foreigner with a valid work permit
• Be at least 21 years old
• Be permanently employed for at least 3 months

For Singaporeans / PRs:

• Proof of identity (NRIC,  passport)
• Proof of income (CPF / bank statements)

• Work Permit / S Pass / E Pass
• Proof of residence (Utility bills, phone bills, tenancy agreement, etc.)
• Payslips / bank statements

At Lending Bee®, all applications for our hospitalisation bill loans are kept fast and simple. 

• Step 1: Submit your application via our online application form.
• Step 2: We will drop you a call regarding your loan application status within the hour.
• Step 3: Head down to your selected Lending Bee® branch, sign the contract and receive your loan.

We will disburse the funds to you immediately after you have accepted and signed our loan contract at any of our branches. 

Yes, you are still welcome to apply for a loan with us!

Lending Bee® aims to help as many borrowers as possible and provide them with one of the best loan packages in the market.

We are here to serve your needs.

Yes, you can still apply for a hospitalisation bill loan with us. We aim to help our borrowers regardless of their credit scores.

This is why we do not have specific restrictions with regard to credit scores.

No, we do not charge any fees for early loan repayments.

Outstanding interests, if any, will also be nullified once you have finished repaying your loan earlier than the date stipulated in your loan contract.

No, we do not mail any of your loan information to your home. 

All loan details will be kept digital, and private with us, unless a physical copy is requested.