Unforeseen medical emergencies can deplete your savings, leaving you financially unstable. While health insurance policies can cushion you against such blows, they do not guarantee sufficient protection to your finances under all circumstances.
For instance, some health problems may not come under the coverage of your insurance policy. In such an event, you would need to bear the entire cost of treatment. The Bajaj Finserv Digital Health EMI Network Card thus ensures that you are not left in a financial lurch in times of medical emergencies.
The Digital Health EMI Network Card: An introduction
These financial products from lenders like Bajaj Finserv are specialized cards that come with a pre-approved limit. Users can spend this sum on acquiring treatment or care for their variegated health problems. After spending a certain sum from an available pre-sanctioned limit, users need to repay the amount to the financial institution through equated monthly installments.
Therefore, instead of bearing the substantial expenses of treatment at a go, cardholders can break the liability down into manageable monthly payments. It is one of the primary benefits of owning and utilizing the card in question.
Features and facilities of the Health EMI Network Card
Here are some of the features and benefits of the Bajaj Finserv Digital Health EMI Network Card that make it a suitable financial tool for healthcare funding –
- Flexible tenor options
Not only can you use this card to convert your outstanding medical liabilities into EMIs but can also choose a convenient tenor for which you want to pay these installments. Cardholders can pick between 3 and 24 months to clear the dues. With such flexibility, it is easy to tailor payments according to your current financial condition.
Moreover, with up to 2 years for repayment, even the most substantial expenses can be conveniently cleared through this card, without stressing your finances.
- One card for the entire family
Unlike a health insurance policy, this card does not simply support treatment expenses for the cardholder. Instead, you can avail its benefits for your immediate family members as well, including parents, spouses, and siblings. Thus, you do not need to opt for a separate card for your parents, spouse, and children.
- Pan India coverage
Health problems can occur at any time and any place. Also, to avail the best treatment, you may need to relocate to a new city. It thus requires you to stay prepared for such eventualities even when you are on business trips or vacations. Fortunately, this health card offers countrywide support and coverage via its 5,500 network healthcare facilities like hospitals, clinics, nursing homes and pharmacies across more than 1,000 Indian cities, ensuring you are never too far away from a network outlet wherever you are in the nation. All you need to do is visit one of these hospitals to avail cashless treatment facilities.
- Nominal joining fees
Another reason why availing the health card is convenient is because it is affordable, making it accessible to all. When availing such a card, you need to choose from the insta and non-insta variant of this Health EMI Network Card. To avail the former, you would need to pay a joining fee of Rs.707.
Alternatively, you can avail latter at a reduced one-time payment of Rs.589.
- Attractive offers and discounts at select outlets
The NBFC provides various beneficial offers when paying for healthcare with this card. For example, when you use it to purchase medicine from a network pharmacy, you may be able to avail sizeable discount on the price of the same.
- No documentation required
If you are an existing Bajaj Finserv EMI Network member, you do not need to submit documents while applying for this health card. Since the financial institution already possesses all relevant details regarding your income and identity, you do not need to undertake the documentation process again. This can greatly simplify the process, especially in cases where immediate treatments are required for health problems.
- Substantial pre-approved limit
Eligible applicants can avail a high pre-sanctioned limit on these cards that can go up to Rs.4 lakh. This considerable sum should be sufficient in paying for medical expenses at the best medical facilities in the country, providing preventive and diagnostic care via advanced equipment and technology.
Treatments covered by the health card
This card covers over 800 types of treatments and therapies across medical procedures like homoeopathy, allopathy and naturopathy. From fertility treatments to maternity care and from oncology to ophthalmology, this nifty financial product can help you afford all of these procedures with ease.
Existing members of the Bajaj Finserv EMI Network family can apply for this health card online. Others can visit nearby network outlets or hospitals to avail the card after submitting the necessary documents.