Tata Capital’s low-cost loans for medical needs

Leading non-banking financial company (NBFC) Tata Capital on Wednesday said it will facilitate lower priced loans to needy patients at empanelled hospitals.

“We have entered into collaboration with Mya Health Credit to facilitate low interest loans for planned medical procedures at empanelled hospitals,” said R Vaithianathan, managing director of Tata Capital Housing Finance.

Mya Health Credit specilises in financing medical need of individuals and is based in the city.

Tata Capital will provide loan of Rs 75,000 and above to the patient after it completes KYC (know-your-customer) formalities, Vaithianathan said.

With healthcare becoming increasingly expensive in the country, the challenge for most Indians lies in accessing healthcare at affordable prices.

Mya Health Credit facilitates affordable healthcare loans in times of need for pre-planned medical procedures.

The company hopes to provide loan of Rs 100 crore for 600 cases over the next two to three year, Menda said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Amidst Sino-Indian bonhomie, the Tibet issue cannot be wished away

    Tibet did not figure in the three-day high-level meetings between India and the People’s Republic of China (PRC).

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: Intertemporal choices

Intertemporal choice is the study of the relative value people ...

Parvez Imam

Why we all have blood on our hands

What does the Jammu and Kashmir flood make us think? ...

Dharmendra Khandal

The peculiar possibilities of animal poop

You can tell a lot about an animal by its ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture