Cost of IVF cycle usually depends on many factors such as cause of infertility , age of patient, need of additional services like blastocyst, laser assisted hatching, etc. Average cost varies from 1lakh rupees to 3 lakh rupees excluding additional expenses for medications, tests, and procedures. But fortunately, there are many options available for finances today making it easy for patient to take IVF treatment.
1. Health Insurance
Currently IVF is not covered by most of insurance provider. But there are some insurance provider who has started covering IVF also. There are some companies also which proved IVF insurance to there employee. It is always better to discuss with your health insurance provider or HR management of your company first before considering other options.
2. EMI and Loan Options
Many fertility clinics has partnered with financial institutions to offer zero-cost EMI (Equated Monthly Installment) plans or flexible payment options. Banks like HDFC, ICICI, and Axis Bank provide personal loans for medical treatments, including IVF, with interest rates starting at 10–15% per annum. Some fintech companies, such as Bajaj Finserv and Tata Capital, also offer quick medical loans with minimal documentation.
3. Government Schemes and Subsidies
State government also provide some assistance in certain cases. For example Tamil Nadu and Maharashtra have initiated fertility treatment options in government institutions. PM-JAY (Pradhan Mantri Jan Arogya Yojana) covers some reproductive health services, though IVF is not widely included yet.
4. Crowdfunding and NGOs
Crowdfunding platforms are like Ketto and Milaap are also emerging as a great financial help for patients. There are some social groups also which give finances for IVF treatment.
Final Thoughts
IVF can be done easily if you manage your finances before hand. I have seen many couples from lower middle class and from poor socioeconomic class who manages there finances so nicely before starting IVF that, they did not find any difficulty during treatment just because of finances. It is very important to consider this aspect of treatment before starting it. At the end Parenthood is priceless. No matter what finances you may have to dedicate but happiness of being parent is unparallel. You may have to dedicate some extra hours of daily routine or may have to sacrifice some holiday tours for year or two but IVF can give you lifetime joy by becoming parent. Best of luck!
Explore affordable IVF treatment options today! Contact Dr. Ankush Raut to learn about financing solutions like insurance, EMI plans, loans, and more to help you start your parenthood journey with ease.
