Loans will be provided without any collaterals to tide over the inconvenience caused by the cancellation of Rs 500 and Rs 1000 notes
LetsMD has come up with an initiative where it will provide its customers with medical loans that would be available without any collaterals to tide over the inconvenience caused by the cancellation of Rs 500 and Rs 1000 notes. It will help to connect patients with the hospitals of their choice.
Talking about the initiative, Nivesh Khandelwa, Co-Founder, LetsMD said that iInsurance penetration in India is negligible and 80 per cent of the healthcare expense in India is out of pocket which makes availing medical treatment in the current demonetisation drive very difficult. LetsMD’s aim is to provide an alternate route of financing to patients who cannot afford their treatment by ‘EMI ing’ surgeries at top hospitals.
The new proposal will help patients, where they will be able to pay-off huge amounts in trouble-free installments. LetsMd’s also aims to provide people with transparency in prices.