Last updated 1 June 2025
IVF Loans and EMI in India: Your Complete Financing Guide for 2025
IVF costs ₹2.5–5 lakh per cycle — a significant amount that most couples cannot pay from savings. Fortunately, several structured financing options have emerged in India specifically for fertility treatment. This guide covers every option, with real eligibility criteria and things to watch out for.
Option 1: Clinic In-House EMI Plans
What they are: Many major fertility clinic chains offer their own 0% or low-interest instalment plans, often in partnership with banks or NBFCs. You pay a small processing fee and split the clinic's fee into monthly instalments.
Availability (as of 2025):
- Nova IVF Fertility: 0% EMI over 6–12 months via Bajaj Finserv and HDFC Bank partnerships. Available at most locations.
- Cloudnine Fertility: EMI options at 0% over 6 months for packages above ₹2 lakh.
- Milann Fertility: Flexible instalment plans in partnership with financial institutions.
- Motherhood Hospitals: EMI for fertility packages.
- Independent clinics: Many offer informal deferred payment or instalment arrangements — always ask, even if not advertised.
What to check:
- Is the 0% EMI truly 0% or does the clinic mark up the price to compensate?
- What is the processing fee? (Typically ₹999–₹2,999)
- What happens if the cycle is cancelled — is the instalment plan affected?
- Is the EMI only on the clinic fee, or does it include medications?
Option 2: NBFC Medical Loans (Fastest Approval)
What they are: Non-banking financial companies (NBFCs) offer dedicated medical loans for healthcare expenses including fertility treatment. These are faster to disburse than bank loans and have more flexible eligibility.
Key lenders for fertility treatment (2025):
| Lender | Interest Rate | Max Loan | Typical Disbursement |
|---|---|---|---|
| Bajaj Finserv Health EMI | 0–2% (promo) to 12–18% | ₹5 lakh | 24 hours |
| HDFC Credila | 11–14% per annum | ₹20 lakh | 2–3 days |
| KreditBee Medical | 16–24% per annum | ₹2 lakh | Same day |
| Navi Health | 12–18% per annum | ₹5 lakh | 24–48 hours |
| CASHe | 18–27% per annum | ₹2 lakh | Same day |
Bajaj Finserv Health EMI Network: Widely accepted at fertility clinics. Bajaj Finserv has a large network of partner clinics — check whether your clinic accepts it before applying.
Option 3: Personal Loans from Banks
What they are: A personal loan applied for general purpose — can be used for medical expenses including IVF. Slower than NBFCs but typically lower interest rates for salaried applicants with good credit.
| Bank | Approximate Interest Rate | Max Loan | Time |
|---|---|---|---|
| HDFC Bank | 10.5–15% per annum | ₹40 lakh | 3–5 days |
| ICICI Bank | 10.8–16% per annum | ₹40 lakh | 2–4 days |
| SBI (Xpress Credit) | 11–14% per annum | ₹20 lakh | 3–5 days |
| Axis Bank | 10.8–14% per annum | ₹40 lakh | 2–3 days |
| Kotak Mahindra | 10.99–16% per annum | ₹35 lakh | 2–4 days |
Eligibility for bank personal loans: Salaried employees typically qualify more easily; self-employed require additional income proof (ITR for 2–3 years). Minimum income typically ₹25,000–₹40,000/month depending on lender.
Option 4: Employer Benefits
Some large corporations in India now include fertility treatment benefits:
- Infosys, TCS, Wipro, and several MNCs offer up to ₹1–2 lakh in fertility treatment reimbursement as part of health benefits
- Startups with progressive benefits packages may include IVF coverage
- Check your employee benefits document or ask HR specifically — this benefit is often not advertised prominently
Option 5: Multi-Cycle IVF Packages (Built-In Cost Reduction)
Several clinic chains offer discounted multi-cycle packages:
- 2-cycle packages: Typically 15–20% discount vs paying per cycle
- 3-cycle packages: Typically 20–30% discount
- Refund guarantees: Some premium clinics offer "money-back" guarantees for 2–3 cycles if no live birth — these can offer financial protection but read the fine print carefully (age restrictions, test requirements, what "cycle" counts)
How to Calculate Your True Monthly Cost
For a ₹3,00,000 all-in IVF cycle financed over 12 months:
| Interest Rate | Monthly EMI | Total Paid | Total Interest |
|---|---|---|---|
| 0% (clinic plan) | ₹25,000 | ₹3,00,000 | ₹0 |
| 12% (HDFC personal) | ₹26,640 | ₹3,19,680 | ₹19,680 |
| 14% (NBFC medical) | ₹27,160 | ₹3,25,920 | ₹25,920 |
| 18% (NBFC fast) | ₹27,490 | ₹3,29,880 | ₹29,880 |
Key insight: Even at 18% interest, the additional cost of financing is relatively modest (₹30,000 on a ₹3 lakh loan over 12 months) compared to the cost of the treatment itself. Do not delay treatment for months trying to save the full amount if financing is accessible.
What to Watch Out For
Processing fees: Can be ₹5,000–₹15,000 on larger loans. Factor these into your comparison.
Pre-payment penalties: Some loans charge for early repayment. If you expect to repay quickly, choose a lender without pre-payment penalties.
Insurance claims conflict: If you have health insurance that may cover fertility treatment, check whether taking a loan affects your ability to claim simultaneously.
Clinic markup on 0% EMI: Some clinics increase their package price when you opt for the 0% EMI plan. Always ask for the cash price and the EMI price separately.
Reference: ICMR ART (Regulation) Act 2021. RBI Guidelines on NBFC Medical Lending, 2024.
Prices vary considerably by clinic, city and individual protocol, and change over time. Treat the figures above as a starting point for questions rather than a quote, and ask any clinic for a full written breakdown including medication.
Find out which treatment fitsFrequently Asked Questions
Can I get a loan for IVF treatment in India?▾
Yes — multiple options exist. Major fertility clinic chains (Nova IVF, Cloudnine, Milann) offer 0% EMI plans in partnership with Bajaj Finserv and HDFC Bank. NBFCs like Bajaj Finserv Health and HDFC Credila offer dedicated medical loans with 24–72 hour disbursement. Standard personal loans from HDFC, ICICI, and SBI banks are also available at 10.5–15% interest rate, often with higher limits.
What is the interest rate on IVF loans in India?▾
Clinic in-house EMI plans can be genuinely 0% interest (check for hidden markup in package price). NBFC medical loans charge 12–18% per annum. Bank personal loans are typically 10.5–15% per annum for salaried applicants with good credit. The total additional cost of financing a ₹3 lakh IVF cycle at 14% interest over 12 months is approximately ₹23,000 — modest relative to treatment cost.
Does Bajaj Finserv cover IVF in India?▾
Bajaj Finserv Health EMI Network is accepted at many major fertility clinic chains including Nova IVF, Cloudnine, and others. It offers 0% EMI over 3–6 months and low-interest plans over longer tenures. Check whether your specific clinic is a Bajaj Finserv partner before applying. The Bajaj Health App allows you to check partner clinics and apply for the EMI card in advance.