Life Care Finance: Features and Benefits

Be it beauty and wellness or healthcare needs, everything comes at a cost.

There can be times when you may need to pay for an expensive medical procedure out of your pocket. For situations like these, Life Care Finance from Bajaj Finserv is your answer to instant finance.

Life Care Finance helps you pay for unforeseen medical expenses that can stretch your budget or for those expenses that are not covered by your medical insurance. It is designed to help you finance your health, beauty and wellness needs.

Loans up to Rs. 4.5 Lakh

You can apply for Life Care Finance from Bajaj Finserv up to Rs. 4.5 Lakh and repay it at your ease by opting for tenures ranging from 6 to 12 months.

Instant and on-the-spot approval

You don't have to visit any branch or wait for days to get your loan approved. Through our in-clinic representatives present at our partner clinic/hospital, you can get instant approval in 3 minutes.

Minimal documentation

Forget heaps of paper work and never-ending forms. All you need are documents like PAN card, driving license and a few basic details to be filled in the loan application form. documents like PAN card, driving license and a few basic details to be filled in the loan application form.

Easy EMIs

Our EMI schemes make costly medical procedures and treatments more manageable, with convenient monthly payments that fit your budget. You can repay the loan at your ease by opting for tenures ranging from 6 to 12 months.

Flexible

You can choose from any of our enrolled healthcare providers near you.

Part pre-payment facility

There are times when you may have some extra cash in hand, you can then choose to pre-pay a part of your loan amount which would not only reduce your overall tenor/EMIs but also help you close your loan quickly.

These points will help you understand part-prepayment better:

  • You can pre-pay up to six times in a calendar year
  • The minimum pre-payment amount cannot be less than the sum of 3 EMIs.
  • There is no maximum limit for the pre-payment amount.

Preapproved offers

As an existing customer of Bajaj Finserv, you will be eligible to get exclusive pre-approved offers from us. These offers may include a top-up loan or even an upgraded treatment from our partner hospital.

Online account access

Once you've availed Life Care Finance from Bajaj Finserv, you can get all information about your loan like payment schedule, interest certificate, repayment track and key information related to your loans through our digital customer portal.

Treatments covered under Life Care Finance

Life Care Finance covers eye care, dentistry, bariatric surgery and IVF (In Vitro Fertilization).

Our Partners

Bariatric surgery

Bariatric surgery is a weight loss procedure wherein the weight loss is achieved by reducing the size of stomach with a gastric band or through removal of a portion of the stomach (sleeve gastrectomy or biliopancreatic diversion with duodenal switch) or by resecting and re-routing the small intestine to a small stomach pouch (gastric bypass surgery). We are currently financing bariatric surgical procedures in association with the following partner clinics and hospitals:

Laparoscopic surgery

Laparoscopic surgery, also called minimally invasive surgery (MIS), band-aid surgery, or keyhole surgery, is a modern surgical technique in which operations are performed far from their location through small incision in the body. Now avail of EMI Finance on advanced laparoscopic procedures. Here is a list of our partners/centres where EMI Finance is available.

Dentistry/Dental care

Dentistry is a branch of medicine that is involved in the study, diagnosis, prevention, and treatment of diseases, disorders and conditions of the oral cavity, commonly in the dentition but also the oral mucosa, and of adjacent and related structures and tissues, particularly in the maxillofacial (jaw and facial) area. We have partnered with the below mentioned clinics and hospitals to provide easy financing on dentistry procedures:

IVF (In Vitro Fertilization)/ Maternity Care

IVF is the process of fertilization by manually combining an egg and sperm in a laboratory dish, and then transferring the embryo to the uterus. We are financing IVF processes through our partner clinics and hospitals as listed below:

Eye care

Eye care would include any service related to the eyes or vision. We are currently financing - eye catract, Lasik and ICL treatments, under eye care. Our partner clinics and hospitals are as below:

Stem cells

Now your bundle of joy gets an added protection for lifetime by preserving the umbilical cord of your little one. Enroll with our partners and avail easy EMI for this priceless gift of security that you can give to your baby throughout their lifetime.

Hair Restoration

Hair restoration process restores the look and feel of your natural hair. Service include hair fall treatment, scalp rejuvenation, hair transplant, PRP treatment and mesotherapy

Cosmetic Surgery

Dreaming of an enchanting face is sheer happiness and now your dreams can come true with our partners with an option of easy EMI which will make the cosmetic surgery affordable so that every face can be a beautiful face

Multi-specialty partners

Now avail of multiple elective procedures such as Eye Care, Dental Care, Bariatric Surgery, Laparoscopy surgery, Maternity Care, Hair restoration and Cosmetic Surgery under one roof with Bajaj Finserv EMI Finance on easy EMIs. Life Care Finance now offers EMI Finance option on a number of medical treatments offered at following multispecialty hospitals. Speak to our in-clinic representative to know which procedures are financed at a respective hospital/ clinic.

Life Care Finance Eligibility

You must be a salaried person and between 21 years and 60 years of age. The minimum value for availing EMI Finance for all elective procedures covered under Life Care Finance should be Rs. 15,000.

We are currently offering Life Care Finance for 4 categories in 9 cities in India.

Category Hospital Name Location
Eye care Centre for Sight Delhi, Hyderabad, Jaipur, Vadodara
Eye care Venu Eye Hospital & Research Centre Delhi
Eye care EyeQ Delhi, Lucknow, Surat, Vadodara
IVF Seeds of Innocence Delhi
Dental care MyDentist Ahmedabad, Mumbai, Pune, Surat,
Bariatric
surgery
CODS Mumbai

Documents Required for Life Care Finance

  • Photo Id proof
  • Residence proof
  • One cancelled cheque in case of ECS
  • Credit program specific documents (any one of the following)
    • Credit card front side photocopy
    • Visiting card & employee Id proof
    • Photocopy of RC book (Not applicable for vehicles registered after 2004 & commercial cars)
    • Bajaj Finserv existing loan repayment Loan Account Number / Schedule (subject to not later than 18 months old
    • Any other Bank/NBFC repayment schedule
    • Latest salary slip

 

Life Care Finance: Fees and Charges

Category Hospital Name Processing Fees
Eye Care Centre for sight Rs 0
Eye Care Venu Eye Hospital and Research Centre Rs. 749/-
Eye Care EyeQ Rs. 749/-
IVF Seeds of Innocence Rs. 749/-
Dental Care MyDentist Rs.0
Bariatric Surgery CODS Rs. 749/-

How to Apply for Life Care Finance

Here’s how you can avail of Life Care Finance from Bajaj Finserv:

With an EMI Card

If you own an EMI card, just swipe it at our partner clinic/hospital and avail of Life Care Finance in minutes without having to submit any document or going through the process of applying for a loan.

Without an EMI Card

As a new customer, you can avail of Life Care Finance in a few simple steps:

  • Walk into any of our partner clinic/hospital and contact our in-clinic representative.
  • Contact the doctor and get a quote for the treatment. Our in-clinic representative will take you through the whole process of availing this loan.
  • You will need to fill an application form and submit the required documents. Click here to know more about documents required for availing Life Care Finance from Bajaj Finserv.

If you do not have an EMI Card, click here to apply online or SMS <LCEMI> to 56070

Frequently Asked Questions



Q1. What is Life Care Finance?

A. Life Care Finance product is designed to help you finance your health, beauty and wellness needs. With Life Care Finance, you can pay for treatments and procedures for you and your family and pay back the loan in easy EMIs.


Q2. Where in India can I avail of Life Care Finance?

A. We are currently offering Life Care Finance for 4 categories in 9 cities in India.

Category Hospital Name Location
Eye care Centre for Sight Delhi, Hyderabad, Jaipur, Vadodara
Eye care Venu Eye Hospital & Research Centre Delhi
Eye care EyeQ Delhi, Lucknow, Surat, Vadodara
IVF Seeds of Innocence Delhi
Dental care MyDentist Ahmedabad, Mumbai, Pune, Surat,
Bariatric
surgery
CODS Mumbai

Q3. How can I avail of this loan?

A. Walk into any of our partner hospital/clinic in any of the cities mentioned above and contact the doctor and get a quote for the treatment, post which our representative will take you through the whole process of availing this loan. It's quick, easy and simple.


Q4. What are the features and benefits of Lifestyle EMI Finance?

A. Here are the benefits of Life Care Finance from Bajaj Finance

  • Loans up to Rs. 4.5 Lakh
  • Instant and on-the-spot approval
  • Minimal documentation
  • Easy EMIs
  • Flexible
  • Part pre-payment facility
  • Preapproved offers
  • Online account access

Q5. What documents do I need to submit to procure this loan?

A. Below are the documents required for Life Care Finance.

  • Photo Id proof
  • Residence proof
  • One cancelled cheque in case of ECS
  • Credit program specific documents (any one of the following)
    • Credit card front side photocopy
    • Visiting card & employee Id proof
    • Photocopy of RC book (Not applicable for vehicles registered after 2004 & commercial cars)
    • Bajaj Finserv existing loan repayment Loan Account Number / Schedule (subject to not later than 18 months old)
    • Any other Bank/NBFC repayment schedule
    • Latest salary slip

Q6. How do I get loan related documents such as NOC, Statement of Accounts and other related documents?

A. You can easily access all the documents related to your loan by installing and logging in to the Bajaj Finserv app on your smartphone. You can log onto your account on the Customer Portal and download the necessary documents or call 020 – 3957 5152 (call charges applicable).


Q7. What is the rate of interest payable on availing Life Care Finance?

A. Under Life Care Finance, you don't have to pay any interest whatsoever.

Contact Us

Not yet an existing customer?

You’ll be surprised how easy it is to get a Life Care Finance from Bajaj Finserv even if you’ve never used our services before. Just visit any of our partner clinics or hospitals and our in-clinic representative shall guide through the entire process.

For existing customers

Download the Bajaj Finserv Experia App from:

Follow these simple steps to log on to our Customer Portal (Experia)

  • Visit our Customer Portal
  • Log in using your User ID and Password
  • Access all loan details
  • Manage your loans
  • View special offers

Email

[email protected] for all your queries

SMS updates

SMS <<keyword below>> to +91 92275 64444
GETEMAIL for your current email address
UPDEMAIL <New email> to update your email address
GETADD for your current registered email address
CUSTID to know your customer ID
LAN to know your Loan Account Number
EMI LAN to know your loan/ EMI details
EXPERIA to know your Experia user ID and password
PIN to know your 4 digit EMI card PIN
FEEDBACK to give your valuable feedback
SAT Y Give a positive feedback
SAT N to give a negative feedback
(Your mobile number should be registered with us for this facility). Standard SMS Charges applicable

Follow these steps to use our toll free IVR:

  • Dial 020 3957 5152 (call charges apply) (W.e.f. 2 May 2015)
  • Enter your 7-digit BFL Customer ID
  • Select from various IVR options
  • Access IVR in 10 languages: English, Hindi, Bengali, Marathi, Punjabi, Gujarati, Tamil, Telugu, Kannada and Malayalam
  • Access to all loan details

Visit our branch to:

  • Change mode of payment (Swapping)
  • Purchase/cancel Insurance policy
  • Foreclose loan
  • Claim refund

To know the address of your nearest branch Click Here.