Bajaj Finserv partners with Motherhood Hospitals to provide its Life Care Finance facility

June 03, 2019- Pune, Maharashtra: In a bid to expand its Life Care Finance
segment, Bajaj Finserv, through its lending arm Bajaj Finance Ltd., today
announced its partnership with Motherhood Hospitals, , a comprehensive
network of women & children hospital.

The partnership will enable patients at all Motherhood Hospitals to avail
Life Care Finance (LCF) from Bajaj Finserv that converts their medical and
wellness bills into an Interest-Free EMI Finance loan.

At present, Motherhood Hospitals has a national network of 11 hospitals
located in seven cities across the country. They are in Bengaluru
(Indiranagar, Sarjapur Road, Hebbal, HRBR Layout, Banashankari), Chennai
(Alwarpet), Pune (Kharadi), Mumbai (Kharghar), Coimbatore and Indore.

The hospital will be offering an EMI financing option to patients for
Pregnancy care, Fertility care, Gynaecology, Advanced Laparoscopy Surgery,
Neonatology, Pediatrics, Fetal Medicine, Cosmetology and Radiology.

“Over the past one year, we have partnered with multiple clinics and
hospitals to provide a seamless payment option to our customers. Our
partnership with Motherhood Hospitals, is a step towards providing the best
care for mothers and children by providing them convenient payment options
through the Bajaj Finserv EMI network thereby creating a distinctive
experience for them,” says Anup Saha, President-Consumer Finance, Bajaj
Finserv.

Every partnership builds towards one of Bajaj Finserv’s key aims, which Anup
Saha outlines as providing hassle-free financing options to customers.

“We are glad to associate with Bajaj Finserv. With this unique offering
customers will now have access to EMI facility through Bajaj EMI Network
whereby they will have ease of accessing unplanned healthcare services like
an emergency delivery or a gynae procedure, or a NICU stay of their babies,
without too much of financial liability. This is an attempt to make
healthcare services accessible and affordable to all category of patients,”
says Vijayrathna V, CEO, Motherhood Hospitals.

Patients taking treatment at Motherhood hospitals will have the facility to
pay through the Bajaj Finserv EMI option. Bajaj Finserv EMI card holders can
swipe their card for the payment while others may connect with the Bajaj
Finserv Relationship Representative at the Motherhood Hospital to submit
their KYC.

Bajaj Finserv LifeCare Finance is now available in over 2,700 clinics or
hospitals across the country covering 174 treatments. Patients can now avail
instant loans ranging from Rs. 7000 to Rs. 4.5 lakhs with the facility to
pay through the Bajaj Finserv EMI facility.