Tata capital ties up with Mya Health Credit to launch low interest healthcare loans
By Vaibhav Aggarwal
Dec 6, 2012
Print    Email    RSS   

The non-banking finance company, Tata Capital, has joined hands with Mya Health Credit to launch a new retail loans product, which is meant for medical needs. The private sector NBFC has said that the new product will enable it to provide low interest loans to poor patients in selected hospitals.

Announcing the tie up, the Managing Director of Tata Capital Housing Finance, Mr. R Vaithianathan said, "We have entered into collaboration with Mya Health Credit to facilitate low interest loans for planned medical procedures at empanelled hospitals."

Mya Health Credit is a Mumbai based firm which provides financial assistance to people who need to get medical procedures done.

Under the new loan product, Tata Capital will offer loans from Rs. 75, 000 and above to needy patients after the completion of Know-Your-Customer (KYC) norms. The company plans to sanction about Rs. 100 crore covering 600 cases in the coming 2-3 years under this scheme.

On the matter, the director of Mya Health Credit, Mr. Manish Menda said, "We are the first of its kind patient financing company in India and with the growing need for timely and affordable healthcare. We are sure Mya will become a preferred route for patients to get the healthcare they desire. With Tata Capital as our associate, we are looking forward to offering a better opportunity to those looking at procedures related to fertility, orthopaedic, dental, gynaecology and many more at low interest rates."

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Getting the best rates on your personal...
Man caught for committing bank fraud
Loan against Securities: A viable...
Know about Personal loan against fixed...
Carnival of Indian Personal Finance Blogs #6

HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive