Published on Oct 22, 2020Updated on Jan 23, 2024
IVF treatments are increasingly being brought to the forefront of fertility treatments in India. With skilled experts, success rates on the rise, more and more couples in the country are opting to explore this route to medical intervention. However, where most people stumble is the IVF cost.
Although it is the infertility workup that primarily determines the IVF treatment cost, for the average Indian couple, it is still a high end service to seek. Moreover, several couples need to go through multiple rounds to IVF treatment before finally getting a positive outcome. Understandably, this is sure to drive up the cost of IVF treatment.
Having said that, the situation is not completely hopeless. SMFG India Credit now offers personal loans to assist couples to finance their IVF treatment cost. With a repayment tenure of 3 years and more, SMFG India Credit offers personal loans online on competitive interest rates.
Prior to making your loan application with SMFG India Credit, it is best that you check up on your personal loan eligibility first. Ensure that you satisfy the following criteria.
There may be instances when applicants may not be able to meet all of the above eligibility criteria. SMFG India Credit approves personal loan requests for IVF treatment cost on a case by case basis. You can also check if you are eligible to apply for the personal loans online by using the eligibility calculator on the SMFG India Credit website.
If you’ve met the eligibility parameters, you can then proceed towards uploading your documents online to process your personal loan to meet your IVF cost. SMFG India Credit requires applicants to submit documents that verify the information provided in the Application Form.
Here is a list for your reference:
For those looking to avail personal loans online to pursue their goal of IVF treatment cost in India are also looking for affordable personal loan rates to help make their goal a reality. Personal loan interest rates at SMFG India Credit starts at 11.99%* applicable for both salaried and self-employed professionals. However, the interest rate can vary for up to 36%. It largely depends on the amount of loan requested, the tenure selected, the applicant’s profile, credit score and repayment history, and their current financial status.
There is also a processing fee component which can be up to 6% of the loan amount. SMFG India Credit generally provides personal loans with a repayment period of anywhere between 12 and 60 months.
Personal loans are the perfect way to finance your IVF cost. Here is a step by step guide on how to make the application right till disbursal.
Taking into account all the available financing options at your disposal, a personal loan is the best avenue to ensure that your IVF treatment becomes a reality. With low personal loan rates, you can pursue your medical treatment with easy repayments, staying well within your means.
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*Terms and Conditions apply. Loans are disbursed at the discretion of SMFG India Credit.