Personal loan for IVF treatment

Personal Loan for IVF Treatment


When other treatments fail, couples in India are rapidly resorting for IVF treatments that help in improving the chances of pregnancy. IVF combines sperms and eggs in a laboratory. The fertilized egg or embryo is placed inside the female uterus with the help of a small tube. The process involves usage of fertility drugs and hormone injections that are given to the female partner before the surgical procedure is carried out. The success of this procedure depends on the health care provider, age of the female and also her health. The average cost of an IVF cycle can be anywhere between Rs.  50,000-2 lakhs.


Eligibility criteria to get loan for IVF treatment


Getting a personal loan for IVF treatment is possible if you meet the below eligibility criteria


  • You should be aged between 18-65 years

  • You should be a resident of India

  • You should have minimum salary of Rs. 15,000

  • You should be self-employed or salaried professional

  • You should have a minimum credit score of -1


Documents required to get loan for IVF treatment


Below is the list of documents you need to submit to get personal loan for IVF treatment.


  • Identity proof: PAN card/ Aadhar card

  • Address proof: Utility bill, passport, rent agreement, sales deed

  • Bank statement of past 6 months reflecting salary credit

  • Business existence proof: Shop and registration certificate/GST registration/ Property Documents /Maintenance Bill/Electricity Bill 


Benefits of personal loan for IVF treatment


Usage of funds: The loan amount can be used for any type of IVF treatment and any expenses related to it. For instance, you can use the loan for paying doctor consultation fee, for treatment, buying medicines or any products related to the line of the treatment and others. There is no restriction on the usage of the funds.


Flexible repayment tenures: The cost of IVF treatment can run into lakh depending on the condition and the clinic. With a personal loan in hand, you can easily repay in flexible tenures ranging from 6 months-60 months. 


Affordable interest rates: One of the biggest benefits of getting a loan for any IVF treatment is that the loan is offered at an affordable interest rate based on several factors including your age, income, credit score and others. With credit Fair, you can avail loan for IVF treatment at ZERO cost EMI.


Instant approval and disbursal: You can avail instant disbursal from Credit Fair. We offer instant approval and disburse the amount within 24-48 hours. 


Minimum documentation: The loan is offered at minimum documentation, without involving any paperwork. Providing basic KYC documents and income proofs is enough. 


Increase credit score: Timely repayment of the loan amount helps you increase the credit score that makes it possible for you to secure more loans in the future.


Apply with Credit Fair


Credit Fair offers you a loan upto Rs. 10 lakhs for funding your IVF treatments or any other expenses related to it. The loan is offered at ZERO COST EMI at LOW processing fee.