Affordplan Swasth

Usekiwi Infolabs Private Limited

About this app

Affordplan Swasth is a healthcare savings card created keeping in mind your healthcare financial needs. Through this card, access offers at your preferred hospital that let you save on each medical bill while giving you a host of other value-added services.

- Cashback on each spend at the hospital including
- Bonus cash to kickstart your first transaction
- Health insurance
- Home delivery of medicines
- Exclusive rewards on favorite brands through Affordplan SWASTH partner tie-ups
- Dedicated Financial Counselor
- Family card with offers and benefits to extend to the whole family
-Facilitation of Medical Loans:

1. Lender: NDX P2P Private Limited (Liquiloans) since Affordplan is not an NBFC
2. Minimum Period of Repayment: 3 Months, where 0 Month Down Payment is to be paid prior to loan disbursement, effective EMI tenure 3 Months
3. Maximum Period of Repayment: 12 Months, where 4 Months Down Payment is to be paid prior to loan disbursement, effective EMI Tenure is 8 Months
4. Sample Case: Total Amount Paid by the customer at the end of the tenure = Rs 2,00,000 (Principle Amt ) + Rs 2,000 (Loan Processing Fees) = Rs 2,02,000
5. APR = ((Interest + Fees / Loan amount) / Number of days in loan term)) x 365 x 100 = ((0+2000)/200000)/365)) 365100= 1%
6. Maximum APR to customer is 1%

Affordplan helps facilitate subvention based loans hence interest is borne by healthcare provider., In example, max loan amount is INR 20 Lac as per policy.