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.

EDITORIAL OF THE DAY

  • Stricter deterrent must to force defiant promoters to buy back shares

    The Securities and Exchange Board of India’s (Sebi’s) decision to delist companies that have been suspended from trading on stock exchanges for mo

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Amita Sharma

Political rhetoric makes for counter poetry

Poetic flourishes flavour politics. Ghalib and Hafez flowed profusely to ...

Zehra Naqvi

Watch your words, for they can kill

You must’ve heard the ph­rase ‘if looks could kill’. Ever ...

Dharmendra Khandal

Biodiversity day has come and gone. Yet again

Every year on May 22, world celebrates international biodiversity day. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture