Availing the best of skin and hair treatment from a leading dermatologist or cosmetic surgeon often turns out to be quite expensive for an individual with a limited source of income. For instance, the average cost of transplanting 500-1000 hair grafts may range from Rs.30,000 to Rs.45,000. Similarly, the cost per session of acne laser treatments in India ranges from Rs.2,000 to Rs.15,000 and varies with the sessions involved.
However, it must be noted that the cost of treatment depends on multiple factors like – the patient’s requirement and biological make-up, treatment area, and preferred type of treatment.
Regardless, several funding options are available for individuals to access and meet the likes of Dr. Batra hair transplant cost and laser skin therapy, among other quality treatment costs that are easily covered.
Ways to fund hair and skin treatment
Individuals who are looking for ways to finance their hair and skin treatment may consider availing any of the following –
Personal loan and credit card
Typically, a personal loan does not come with any restriction to the end-use and is an unsecured credit option. Depending on their creditworthiness and monthly income, individuals can avail up to Rs.25 lakh for a flexible tenure of up to 5 years.
However, the accompanying interest rate and additional charges often make its repayment an expensive ordeal. Furthermore, personal loans come with stringent eligibility criteria and require individuals to go through a thorough verification process.
Credit cards are also among the feasible ways of financing hair and skin treatment as they do not come with limitations on end-use and facilitate quick access to funds. Nevertheless, they may lack customised offers otherwise available on other healthcare financing tools like a health card.
Some financial institutions may extend credit for cosmetic procedures like getting a hair transplant and help meet expenses from the likes of Dr Batra hair transplant cost. Usually, the terms set by such financiers differ with the borrower, which may or may not be similar to the terms of service and accompanying the features of personal credit options.
Alternatively, some leading financial institutions extend health cards like the Bajaj Finserv Digital Health EMI Network Card. Such a card serves as a one-stop solution for all medical-oriented expenses. It allows cardholders to turn medical expenses like – hospital charges, diagnostic bills, pharmacy bills, etc. into affordable EMIs.
Typically, a health card can be availed at an attractive cost for a flexible repayment tenure. Usually, leading health cards don’t require individuals to go through rigorous documentation. Before availing the most suitable financing option, one should check some vital factors carefully.
Factors to consider when availing funds for hair and skin treatment
Individuals should look for a financing option that comes with low to no interest rate to make repayments manageable.
One should also make it a point to check other associated charges like processing fee, application fee, etc. to ascertain the cost of availing the funding option more accurately.
The loan amount and repayment
Individuals should look for options that extend a high loan value at easy-to-manage repayment terms. Funding options that divide the borrowed sum into affordable EMIs are more convenient to repay.
Need for collateral
Typically, financing options that do not require any collateral come with a low level of risk. However, such credit options usually come with stringent criteria and higher rates of interest.
By availing of Bajaj Finserv’s digital health card, individuals can receive the best of these features and much more. In turn, it will make their decision of availing hair and skin treatments from a leading professional worthwhile.