This paper discusses a lightweight encryption-based secure digital watermarking technique for medical applications. The technique uses redundant discrete wavelet transform (RDWT) and singular value decomposition (SVD) along with nonsubsampled contourlet transform (NSCT) to improve robustness and imperceptibility. The security of the proposed technique is further improved by incorporating a lightweight (low-complexity) cryptographic mechanism that is applied after embedding multiple watermarks. The proposed scheme first partitions the host image into subcomponents and then calculates the entropy values for it. To the maximum entropy value, the NSCT is applied, followed by RDWT decomposition. Finally, SVD is applied to obtain a singular vector of RDWT-decomposed components. The watermark images are also processed using the same procedure mentioned above. The method uses singular values to hide watermarks into a host image. The experimental outcome shows that the combined technique makes our proposed approach more robust and imperceptible, while it is evaluated for various wavelet filters and 10 different types of medical and five different types of nonmedical cover images. Furthermore, the strength of the cryptographic mechanism is tested using standard performance measures and confirms its effectiveness in security. Moreover, it is evident from the results that our method shows improvement in robustness in comparison to previously reported techniques under consideration.