HDFC Financial institution ties up with Apollo Hospitals

Mumbai, October 7

HDFC Bank on Wednesday announced a tie-up with Apollo Hospitals through which its customers can avail unsecured loans of up to Rs 40 lakh to pay for medical expenses incurred at the healthcare chain. The loans will be disbursed almost instantly as and when a need for money arises, and the hospital patients who are customers of HDFC Bank will also receive preferential treatment, its CEO and managing director Aditya Puri told reporters.

Apollo executive vice-chairperson Shobana Kamineni said HDFC Bank has 65 million customers who can take advantage of this facility. She stressed that while availing health insurance is necessary, it does not cover all aspects despite providing cashless facilities and hence, such a tie-up will help.

Apollo had launched ‘the Healthylife Programme’ earlier this year to take care of multiple diseases and ailments, and HDFC Bank customers who will be registering as part of the tie-up will be made part of the same, she said. Currently, there are 4 million members on the platform, Kamineni added. — PTI

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