Credihealth, a medical assistance company, has launched a medical loan facility on its platform, partnering with banks, Non banking financial companies (NBFCs) and fintech players like Rubique.

Users can now apply for medical loans via Credihealth and make paperless in-principal transactions to avail loans ranging from Rs 30,000 to Rs 50 lakh for a tenure starting from six months to 48 months.

The tie-up gives it access to Rubique’s technology platform, network of over 65 financial institution tie-ups, and strong distribution across 29 cities.

Credihealth expects reaching out to a much larger audience with its unique healthcare proposition through the partnership and will also benefit from fulfilment support enabled through Rubique’s fulfilment centres.

For its future tie-ups as well, it is focused on teaming up with only those financial services players who are highly transparent and give loans at attractive and fair rates.

As a one-stop-shop for medical loan sanctions, Credihealth will forward the loan application to all the banks and NBFCs for the necessary approvals as part of this new service.