How can an instant Personal Loan help you meet high fertility treatment costs?

Reportedly, infertility among young Indians is a serious problem. Primary infertility in India is estimated to be about 10-14 percent., and the Indian Society of Associated Reproduction states that about 27.5 million Indian couples, who are trying to conceive, are suffering from infertility.

The reality of infertility in India is shown in films such as Pani Phol and Good Newwz. While Pani Phol deals with women being treated unfairly in society due to their failure to bear a child, Good Newwz shows us how couples handle the  pressures and other issues connected to infertility by opting for in vitro fertilization (IVF). 

Today, more and more couples are looking for fertility or infertility treatment, and they are concerned about the high costs. The cause of infertility is owing to:

• Ovulation disorders
• Early menopause
• Abnormal sperm production
• Cervical abnormalities, and
• Fallopian tube blockage

Infertility evaluation and treatment is expensive, and most medical plans or health insurance policies do not cover the treatment cost. In such a case, you have to look for a personal loan from a reliable bank or financial institution before planning your medical expenditure.

Fertility treatments include medications to help ovulation, assisted reproductive technology (ART), and minor surgical procedures to help couples have a baby. Some common treatments include:

1. Fertility Drugs

They are medications for stimulating ovulation, and in some cases, they are used for stimulating sperm production too. For most women, administering fertility drugs is the prime treatment. They help induce or regulate ovulation in women. Some common fertility drugs are Clomid, Femara, Arimidex and Gonadotropins. 

2. Fertility Surgery

To increase the chances of conception, either male or female or both partners may need surgical treatment to correct a structural issue. For women, surgery may be performed to deal with endometriosis, polyps, fibroids, and so on in the reproductive organs. Common surgical approaches include hysteroscopy or laparoscopy, which can diagnose and treat infertility in women. As for men, fertility surgeries may include vasectomy reversal and varicocelectomy to reverse infertility.

The cost of a fertility surgery varies depending on the hospital. The approximate cost is ₹ 35000 and above. You can get a personal loan to meet the fertility treatment cost if you meet the eligibility criteria. IDFC FIRST Bank offers you instant loans at the best personal loan interest rates for meeting medical expenses.

3. Intrauterine insemination (IUI)

A simple treatment, intrauterine insemination is a process that involves placing washed and concentrated semen directly into the uterus at the time of ovulation using a thin catheter. The procedure is done mostly with fertility drugs to increase the chances of conception. The cost of the treatment is between ₹ 10000 and ₹ 20000.

4. In vitro fertilization (IVF)

IVF helps the conception of a child via a laboratory-based procedure. First, matured eggs are retrieved from ovaries and kept in a specialized laboratory for fertilization by sperm. The embryos or fertilized eggs are transferred to the uterus using a long, thin catheter (tube). In vitro fertilization is a long process, which takes about three weeks. The IVF fertility treatment cost is between ₹ 1 lakh to ₹ 3 lakhs depending on the patient and hospital.

IVF may sometimes need intra cytoplasmic sperm injection (ICSI) during the fertilization of eggs. This is when the semen quantity or quality does not meet the requirement or the earlier IVF cycles. The high cost of IVF treatment may be disheartening, but IDFC FIRST Bank can help you realize your dream of becoming a parent with a personal loan. For availing a personal loan online, you may apply on the official website or mobile app easily in just a few clicks. The EMI starts at ₹ 2149 per lakh, and you can choose a flexible repayment option to suit your situation.

With minimum documentation and affordable interest rates, you can have instant disbursal of loan within a few days. All you have to do is to meet the eligibility criteria which will consider your credit score, minimum and maximum age limit, income, and so on.

An instant personal loan from IDFC FIRST Bank can be used to meet any fertility treatment expenses, such as IVF, IUI, donor sperm or egg, medicine costs, doctor consultation fees, and so on.

The problem of infertility can be best handled by treatment if you have an option to finance it. One of the best ways to go about it, would be to opt for a personal loan from IDFC FIRST Bank. 

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