Now it is possible to have Bank loan for hospitalization expenses.
Over 80% of population of India does not have any kind of insurance. A person who does not have the money to pay for the hospital expenses had no option but to accept suffering out of the illness/critical illness, if he was unable to borrow money from his relatives or friends. Chances of getting loan from money lender in the village/town were remote as the money lender was not sure whether he will get back the money or not.
Punjab National Bank, one of the PSU Bank has come out with the loan scheme for hospitalization expenses and we are in the process of getting details of the same and will be providing the details in the blog in the days to come.
Saturday, March 14, 2009
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1 comment:
Hi Suresh,
I recently saw a post from someone undergoing Liver Transplant. Due to family reposibility, the person did not have enough to cover 25 lakh in expenses. I searched through the net and came to your blog. Do you think something creative like a loan you are talking about is possible? MY email pradyumna.gupta at gmail com
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