Couples who are childless and opting for IVF treatment but they don’t have sufficient funds should not worry at all. Now the good news is that they can take a loan for IVF treatment. It is very easy to get a loan for IVF treatment, and they can take up to Rs. 5 lakhs amount.
Many couples are going through the infertility problem. One cannot imagine their helplessness when they don’t have a child. Even some couples who are choosing IVF treatment but financial weakness comes to their way. That is why they don’t get the happiness of a child in their life.
Flertility has been working for a couple’s happiness that is childless. We have initiated an interest-free IVF loan option for infertile couples with fertility treatment in a cost-effective way. Spouses who want to get IVF treatment can now opt for IVF treatment without worrying about the cost of the IVF process.
What do you mean by an IVF loan?
IVF loan is all about borrowing money from financial institutions to bear the expenses of IVF treatment. The amounts you are receiving from lenders have specific loan duration, the annual rate of interest that differs based on your credit scores. If you want a loan with a low rate of interest, your credit score should be strong.
However, some financial institutions and lenders make a facility to provide loans for IVF without any deep credit inquiry process. If you can prequalify the loan process, you can easily receive forecasted loan rates and terms. If you are deciding to apply for a loan, then you can apply officially, but that can have a difficult inquiry. But keep one thing in your mind; if you have prequalified that doesn’t mean your loan will be approved, and you might be provided different conditions after fulfilling the eligibility.
What is the Role of Flertility in offering IVF loans for desired people?
We at Flertility are the biggest center for infertility treatment. With the exciting IVF Financing facility, Flertility has made the IVF process accessible at nil charges. It has influenced many infertile couples to take a chance to get infertility treatment. After the successful IVF procedure, most couples have achieved success and are able to conceive the child successfully.
Sometimes couples quit the idea of getting infertility treatment because of massive expense. However, Flertility is now offering an easy installment IVF loan facility to make couples dream come true of becoming parents. The Flertility has made accessible treatment by offering hurdle-free Infertility Financing Programs to couples in easy EMI by collaborating with several banks and NBFC.
The procedure of loan for IVF is hassle-free. If you cannot afford the entire expense of the IVF procedure, then applying for a loan is always a good option. The couple can apply for loan amounts by submitting treatment fees according to payment capability. With the accessibility of loans benefits in IVF, financially weak people can get benefits appreciably. Due to the high expenses of IVF, several couples cannot afford its treatment.
The estimated one cycle of IVF, including consultation, medication, and other related charges, several women usually go through 2 to 3 IVF cycles, which makes it very costly. That is the reason Flertility offers IVF Treatment loans to couples who are seeking the IVF process.
There are two options for financing loans for fertility treatment, which are financing companies and conventional personal loans.
Fertility treatment financing companies
Some financing companies or institutions expert in loan for IVF treatment offer loans or heavily discounted offers for people who want to apply for financing the fertility process. In some cases, they directly send the amount to the IVF center.
However, these loans might have higher annual percentage rates and amounts as compared to personal loans, and in some cases, you require to visit the clinic that comes under the lender’s collaboration.
Conventional personal loan lenders
A personal loan can also help finance the IVF treatment.
The large number of personal loans offered with fixed repayment that borrower needs to pay in monthly EMIs with a required rate of interest. To decide the rate of interest, the lender will evaluate the funds you borrow, your credit score and other important factors
But in short, we can say that the facility of IVF loan is not only giving hope finally to the couples, but it is also a moral boosting thing because at least someone is there for couples to help in becoming parents.
