Health Insurance for Parents

Parents' health insurance covers medical costs like hospitalization, daycare procedures, and ambulance services. It ensures quality care, shields against rising costs, and offers lifetime renewal options.
Get Quote
Health insurance for parents
Get Quote
3 min
27-January-2025

The evolving landscape of family dynamics underscores the critical need for robust health insurance for parents. With increased global mobility and a desire for independent living among seniors, traditional caregiving structures are shifting. This transformation necessitates a proactive approach to ensuring our parents' well-being, particularly as they navigate the challenges of aging.

Coverage: A safety net for senior health

Comprehensive health insurance for parents acts as a vital safety net, covering a range of medical expenses that become increasingly prevalent with age. Effective coverage should encompass:`

  • Hospitalization: Including room charges, surgical procedures, and intensive care.
  • Pre- and post-hospitalization care: Covering consultations, diagnostics, and follow-up treatments.
  • Daycare procedures: For treatments that don't require overnight hospitalization.
  • Pre-existing conditions: Policies that accommodate pre-existing conditions are crucial, as many seniors have chronic ailments.
  • Ambulance services: Ensuring prompt transportation during medical emergencies.
  • Home healthcare: As seniors increasingly prefer to age in place, coverage for home nursing and physiotherapy is essential.
  • Preventive checkups: Regular health screenings can detect and manage potential issues early.

As we adapt to the changes in our lifestyle, our ability to take care of our elderly parents may become compromised. However, it is possible to ensure their financial security by purchasing a parents health insurance plan. The best health insurance plans for parents can provide them with financial coverage during unforeseen medical emergencies. As seniors are more susceptible to illnesses and require increased medical attention with age, it is advisable to prioritise their wellbeing and buy a health insurance plan for them in advance. By exhibiting foresight and securing a suitable health insurance policy, we can safeguard the financial future of our aging parents.

What is parents health insurance?

Health insurance plans for parents offer comprehensive coverage towards all kinds of medical expenses that may incur. These specially designed health plans offer coverages against illnesses or health issues that may arise due to ageing. Parents’ health insurance policies may come at a higher premium because these health policies give a higher sum insured for aged individuals. You also get benefits like free annual health check-ups, cashless treatment facility, and more. Most health insurance plans for parents cover pre-existing diseases, which usually do not get covered in regular health plans.

For choosing the best health insurance for parents, you must know the various features and benefits offered in the policies. Every mediclaim policy for parents has different terms and conditions. Therefore, you must carefully read through the policy document to benefit most from the plan.

Why should you purchase a health insurance policy for your parents?

Purchasing a health insurance policy for your parents is a prudent decision to ensure their financial and medical well-being during their golden years. As they grow older, they may face health challenges and financial constraints that can be mitigated with a robust health insurance plan. Below are the key reasons why this investment is vital:

More prone to age-related health complications: As individuals age, they become more vulnerable to chronic conditions like arthritis, diabetes, and cardiovascular diseases. A comprehensive health insurance policy ensures timely diagnosis, routine health check-ups, and appropriate medical interventions, safeguarding their overall health.

Rising healthcare costs: The cost of medical treatment is increasing rapidly, with advanced procedures and hospitalisation becoming significantly expensive. Health insurance provides financial cushioning, covering hospitalisation charges, doctor fees, and diagnostic expenses, thus reducing the financial strain on your family.

Increasing lifestyle diseases: Modern lifestyles, even for older adults, can lead to conditions like hypertension, obesity, and sleep disorders. Health insurance covers the cost of treating these ailments, ensuring access to necessary medical care without worrying about the associated expenses.

No compromise on quality of treatment: Health insurance ensures your parents can access quality medical facilities, advanced treatments, and specialists without financial concerns. This allows them to receive the best care possible, regardless of the cost, for a healthier and more comfortable life.

Safeguard your parents' retirement funds: Retirement funds are often limited and meant for fulfilling life aspirations. Unexpected medical expenses can deplete these savings. A health insurance policy helps protect their financial independence, allowing them to enjoy a stress-free retirement.

Cashless hospitalisation facilities: Most health insurance policies offer cashless hospitalisation services, eliminating the need to arrange upfront payments during emergencies. This feature enables hassle-free treatment in network hospitals, providing peace of mind during critical times.

Tax benefits: Purchasing health insurance for your parents offers tax benefits under Section 80D of the Income Tax Act. These benefits reduce your taxable income, making it a financially wise decision while ensuring your parents’ health and security.

Features for health insurance for parents

Here’s a quick look at some of the key features of the best health insurance for parents.

Features

Specifications

Sum insured

Rs. 5 lakh to Rs. 50 lakh

Pre-and post-hospitalisation expenses

Covered

OPD cover

Covered

ICU charges

Covered

Tax benefits

Covered

Pre-existing diseases

Covered (according to the plan terms and conditions)

Daycare procedures

Covered

Ambulance Cover

Covered (depending on plan)


Key benefits of parents’ health insurance

Below are the key benefits of health insurance for parents:

  • With insurance, your parents can get the option of lifelong renewal.
  • Get both pre-and post-hospitalisation expenses cover for a stipulated time in the policies. This way you can stay covered both at the time of diagnosis and recovery.
  • Most leading insurers have good claim settlement ratios and will close your claims in time without any hassles.
  • Parents’ health insurance offers financial protection for hospitalisation, treatments, diagnostic tests, post-hospitalisation care, and more.
  • Covers critical illnesses such as cancer, heart disease, and kidney failure, ensuring financial support for specialised and expensive treatments.
  • Provides seamless, cashless hospitalisation services at network hospitals, reducing financial stress during medical emergencies or planned healthcare procedures.
  • Includes regular preventive health check-ups, aiding in early detection of potential health issues and ensuring timely medical intervention.
  • Offers coverage for chronic ailments like diabetes or hypertension after a waiting period, mitigating long-term healthcare expenses effectively.

Parents health insurance: What to expect

  • You have two options to get a health insurance plan for parents or senior citizens. You can either add them to your family floater plan or buy specifically designed health plans for senior citizens. The insurer may ask for pre-entrance check-ups before issuing health insurance for parents above 60.
  • The premium for the plans could be higher, as you get extensive coverage and the policyholder belongs to a high-risk age group.
  • Make sure to check for the waiting periods of specific health conditions, especially those that are historically present in your family tree. Waiting periods could range from 30 days of initial waiting period to almost 4 years for some specific diseases.
  • Do check to see if the plan covers an annual health check-up, which will become a huge advantage with age.
  • Many parents medical insurance policies cover daycare treatments that do not require hospitalisation for 24 hours. This is crucial to have to cover costs for specific treatments/ procedures like chemotherapy or dialysis.
  • A health policy may have a co-payment option, which means the policyholder will have to pay a portion of the claim. This also means that you will have to pay a lower premium.

Types of health insurance plans for parents in India

There are different types of insurance plans for parents in India. Discussed below are a few major types of plans in brief:

  • Individual health insurance for parents: Tailored coverage for each parent individually, ensuring personalised protection for their specific healthcare needs.
  • Family floater health insurance: Mediclaim policy for parents offers comprehensive coverage for the entire family, including parents, under a single policy, with a shared sum insured for all family members.
  • Senior citizen health insurance: Specifically designed for elderly parents, providing coverage for age-related medical expenses and specialised care tailored to their needs.
  • Critical illness insurance: Provides a lump-sum benefit upon diagnosis of specified critical illnesses, offering financial support for parents during challenging health situations.
  • Top-up health insurance: Supplements existing health insurance coverage for parents by offering additional sum insured beyond a certain threshold, providing additional protection against high medical expenses.
  • Super top-up health insurance: Enhances coverage for parents by aggregating medical expenses across multiple hospitalisations within a policy year, offering comprehensive protection at a higher threshold.

What is covered under a parents health insurance policy?

Here’s what is covered by a health insurance plan for parents.

  • Medical expenses incurred during hospitalisation, and before and after hospitalisation
  • Room rent, ICU charges, and surgery costs. You also get coverage for doctor’s fees, nursing fees, and more.
  • Daycare procedures that need less than 24-hour hospitalisation
  • Modern treatment methods like robotic surgeries, oral chemotherapy, stem cell therapy, and more
  • Traditional treatment therapy like AYUSH
  • Treatments taken at home due to unavailability of beds at the hospital or health conditions

Besides these, you can also avail of add-on covers like critical illness, hospital cash cover, and more.

What parents’ health insurance does not cover?

Here’s what is not covered by a health insurance plan for parents.

  • Treatments for self-inflicted injuries or attempted suicide
  • Injuries suffered in acts of war or terrorism
  • Treatment of illness due to substance abuse, alcohol consumption, drugs or any other addictions

How to choose the best health insurance for parents?

Here’s how you can choose the best medical insurance for parents.

  • Look for insurance plans that offer comprehensive health insurance and cater to your parents’ medical needs.
  • Consider a mediclaim policy for parents that cover critical illnesses, pre-existing diseases, traditional and modern methods of treatment.
  • Also, covers treatments that require less than 24 hours hospitalisation (daycare procedures) and the ones taken at home (domiciliary treatments).
  • Consider an insurer that has a large network of hospitals. Check for network hospitals that may be near you. You can then benefit from cashless hospitalisation.
  • Check the insurer’s claim settlement ratio and if they have a quick claim settlement process.
  • Many health insurance plans for parents cover organ donor transplantation, ambulance charges, pre- and post-hospitalisation expenses.

You also get a 100% medical reinstatement benefit if the sum insured gets exhausted in one claim in the policy term. This will help you to stay covered all time.

Pro Tip

Avail hospitalisation and treatment benefits with health insurance plans starting at just Rs. 15*/day.

health-insurance-banner

What documents are required to buy parents' health insurance?

Purchasing health insurance for your parents requires a few essential documents to ensure a smooth and hassle-free process. These documents validate the identity, age, and medical history of your parents, allowing insurers to determine eligibility and policy terms.

Key documents include:

  • Identity proof: Aadhaar card, PAN card, passport, or voter ID to verify personal details.
  • Age proof: Birth certificate, Aadhaar card, or passport to establish eligibility based on age criteria.
  • Address proof: Utility bills, Aadhaar card, or passport to confirm residence.
  • Medical reports: Recent health check-ups or reports as required by the insurer to assess pre-existing conditions and overall health.
  •  Photographs: Passport-sized photographs for policy documentation.

 Parents health insurance: What to expect

  • You have two options to get a health insurance plan for parents or senior citizens. You can either add them to your family floater plan or buy specifically designed health plans for senior citizens. The insurer may ask for pre-entrance check-ups before issuing health insurance for parents above 60.
  • The premium for the plans could be higher, as you get extensive coverage and the policyholder belongs to a high-risk age group.
  • Make sure to check for the waiting periods of specific health conditions, especially those that are historically present in your family tree. Waiting periods could range from 30 days of initial waiting period to almost 4 years for some specific diseases.
  • Do check to see if the plan covers an annual health check-up, which will become a huge advantage with age.
  • Many parents medical insurance policies cover daycare treatments that do not require hospitalisation for 24 hours. This is crucial to have to cover costs for specific treatments/ procedures like chemotherapy or dialysis.
  • A health policy may have a co-payment option, which means the policyholder will have to pay a portion of the claim. This also means that you will have to pay a lower premium.

How to choose the best health insurance for parents?

Here’s how you can choose the best medical insurance for parents.

  • Look for insurance plans that offer comprehensive health insurance and cater to your parents’ medical needs.
  • Consider a mediclaim policy for parents that cover critical illnesses, pre-existing diseases, traditional and modern methods of treatment.
  • Also, covers treatments that require less than 24 hours hospitalisation (daycare procedures) and the ones taken at home (domiciliary treatments).
  • Consider an insurer that has a large network of hospitals. Check for network hospitals that may be near you. You can then benefit from cashless hospitalisation.
  • Check the insurer’s claim settlement ratio and if they have a quick claim settlement process.
  • Many health insurance plans for parents cover organ donor transplantation, ambulance charges, pre- and post-hospitalisation expenses.

You also get a 100% medical reinstatement benefit if the sum insured gets exhausted in one claim in the policy term. This will help you to stay covered all time.

Essential factors to consider when purchasing health insurance for parents

Before buying medical insurance plans for parents, individuals should consider the following factors:

  • Coverage
    Make sure that the health insurance for parents provides sufficient coverage for all healthcare needs, including pre-existing illnesses and hospitalisation expenses. Look for policies that cover consultation fees, diagnostic tests, ambulance charges, and more. Also, check if they cover critical illnesses, AYUSH treatment, domiciliary hospitalisation, and others.
  • Pre-existing waiting period
    Check the waiting period for pre-existing illnesses, as it can vary from one policy to another. Policies with shorter waiting periods prove more beneficial, as they can provide coverage for pre-existing illnesses from day one.
  • Substantial sum insured
    Choose policies with extensive sum insured, as it can provide higher coverage and lower financial burden in case of medical emergencies. This will help in getting adequate financial coverage when required.
  • Sub-limit
    Check if there are any sub-limits mentioned in the policy, as it can put a cap on certain expenses such as room rent, surgical fees, and more.
  • Co-payment
    Co-payment in health insurance is a certain amount that a policyholder pays along with the insurer. Opt for policies with a lower co-payment percentage, as it can reduce your overall financial burden. Some medical insurance for parents might have a co-payment clause.
  • Waiting periods
    When purchasing health insurance for your parents, it's essential to understand the waiting periods, especially for pre-existing conditions and specific treatments. These periods can vary from a few months to several years, during which claims may not be eligible, impacting the policy’s usefulness.
  • Premiums
    Premiums are a critical factor, as they determine the cost of the policy. The premiums for parents’ health insurance may be higher due to age and potential health risks. Ensure that the premium is affordable while providing adequate coverage for your parents' medical needs.
  • Exclusions
    It is crucial to review the exclusions in the policy, as certain medical conditions or treatments may not be covered. Make sure to carefully examine the fine print to avoid any surprises during the claim process.
  • Claim process
    A straightforward and transparent claim process is vital to ensure timely reimbursement. Opt for insurers with a reputation for easy claim submission and fast processing, making it less stressful when medical emergencies arise.
  • Claim settlement ratio
    The claim settlement ratio indicates the insurer’s efficiency in settling claims. A higher ratio suggests a higher likelihood of smooth claims approval and prompt settlement, ensuring that your parents receive the financial support they need during medical emergencies.

How to apply for parents’ health insurance?

You can buy comprehensive health insurance for parents on Bajaj Finance Insurance Mall. Here’s a step-by-step guide to buying a health insurance plan.

Step 1: Click here to open our online application form.

Step 2: Fill in the application form with your basic details or the person that you want to insure. Provide your name, gender, and mobile number. Also, date of birth, and residential PIN code.

Step 3: Now click on ‘Get Quote’ to proceed.

Step 4: From the list of policies shown, choose your preferred family health insurance plan by clicking the ‘Buy Now’ button placed under each plan. You can further modify the insured amount, policy term, and plan type to get a list of policies tailored to your preference.

Step 5: Based on the plan you choose, you may get the option to select the policy term and premium amount.

Step 6: Enter your email ID and check if all personal details shown are correct. Click ‘Next’ to proceed.

Step 7: Enter some additional details, such as height, weight, nationality, marital status, address, and nominee details (if applicable).

Step 8: Answer a few questions about your health and lifestyle by clicking the relevant checkboxes. Click on the ‘Next’ button to proceed.

Step 9: Verify if the previously filled details are correct. Click on the ‘Proceed’ button to visit the payment page.

Step 10: Make the payment through net banking, UPI, debit, or credit card to buy the policy.

After successful payment, your policy document will be available for you to download instantly. You will receive a copy of the policy document on your registered email ID within from 5 to 7 working days.

You will also receive an SMS confirmation immediately after the payment processed successfully.

You can also access your policy details through the My Account section within 5-7 days after purchase.

Should you include your parents as dependents or buy a separate health insurance policy?

While including parents as dependents may seem convenient, purchasing a separate health insurance policy offers comprehensive coverage tailored to their specific needs.

Categories

Adding Parents as Dependents under Family Health Insurance

Buying Individual Health Insurance for Parents

Sum insured

The sum insured is shared among all family members, which might be insufficient for your parents' medical emergencies.

The entire sum insured is exclusively available for your parents, ensuring adequate coverage during emergencies or planned hospitalisation.

Scope of coverage

Coverage may not fully cater to your parents' specific health requirements.

Coverage is specifically tailored to meet all of your parents' healthcare needs effectively.

Premiums

Adding parents increases the family policy premium significantly.

Premiums are determined by your parents' medical history and the coverage selected.


How to file a claim for parents’ health insurance?

Here are two ways that you can make a claim for parents’ health insurance plan.

The reimbursement claim process for parents’ health insurance plan

To file a claim for health insurance for parents, you can follow these steps:

Step 1: Pay all required bills and keep the original invoices intact.
Step 2: Send the treatment documents and the invoices to the insurance company after getting discharged from the hospital.
Step 3: The insurer will verify all claims and shared documents.
Step 4: The insurance provider will reimburse the claim amount to the policyholder’s bank account.

The cashless claim process for parents’ health insurance plan

Step 1: Carefully fill up the pre-authorisation form at any of the network hospitals.
Step 2: The network hospital will communicate to the insurer, which will then provide a status update.
Step 3: After pre-authorisation approval, proceed with the hospitalisation.
Step 4: The insurance company will directly settle the amount with the network hospital before the patient gets discharged.

Why choose parents’ health insurance policy from Bajaj Finance?

If you are looking for the best health insurance plans for parents, you can consider Bajaj Finance. Here’s why.

  • Extensive coverage
    Coverage is available for emergency or planned hospitalisation depending on the chosen sum insured.
  • Vast chain of network hospitals
    One can get hassle-free service from any of the network hospitals spread across the country.
  • Sum insured options
    There are multiple options for the sum insured available. One can choose plans as per their needs and budget.
  • Claim process
    You can opt for both cashless claim settlement and reimbursement facilities as per your convenience.
  • Peace of mind
    The health insurance for parents will provide financial protection in the event of any medical emergency of parents. This will help in providing peace of mind and let you focus on treatment and recovery.

What is covered under a parents health insurance policy?

Here’s what is covered by a health insurance plan for parents.

  • Medical expenses incurred during hospitalisation, and before and after hospitalisation
  • Room rent, ICU charges, and surgery costs. You also get coverage for doctor’s fees, nursing fees, and more.
  • Daycare procedures that need less than 24-hour hospitalisation
  • Modern treatment methods like robotic surgeries, oral chemotherapy, stem cell therapy, and more
  • Traditional treatment therapy like AYUSH
  • Treatments taken at home due to unavailability of beds at the hospital or health conditions

Besides these, you can also avail of add-on covers like critical illness, hospital cash cover, and more.

Also check: Senior citizen health insurance - Compare top health plans

What parents’ health insurance does not cover?

Here’s what is not covered by a health insurance plan for parents.

  • Treatments for self-inflicted injuries or attempted suicide
  • Injuries suffered in acts of war or terrorism
  • Treatment of illness due to substance abuse, alcohol consumption, drugs or any other addictions

Conclusion

Given the rising cost of healthcare, securing adequate health insurance for your parents is a practical necessity. By choosing a policy that addresses their specific needs, including pre-existing conditions, you ensure their well-being and protect your family's financial stability.

Related Articles

Health Insurance for Doctors

Health Insurance for Disabled

Health Insurance for Surrogacy

 

How to apply for Parents health insurance plans

Step 1: Click here to open our online application form.
Step 2: Fill in the application form with your basic details or the person whom you want to insure. Provide name, gender, mobile number, date of birth, and residential PIN code.
Step 3: Now click on ‘Get Quote’ to proceed.
Step 4: From the list of policies shown, choose your preferred parents health insurance plan by clicking the ‘Buy Now’ button placed under each plan. You can further modify the insured amount, policy term, and plan-type to get a list of policies tailored to your preference.
Step 5: Based on the plan you choose, you may get the option to select the policy term and premium amount.
Step 6: Enter your email ID and check if all personal details shown are correct. Click ‘Next’ to proceed.
Step 7: Enter some additional details, such as height, weight, nationality, marital status, address, and nominee details (if applicable).
Step 8: Answer a few questions about your health and lifestyle by clicking the relevant checkboxes. Click on the ‘Next’ button to proceed.
Step 9: Verify if the previously filled details are correct and click on the ‘Proceed’ button to visit the payment page.
Step 10: Make the payment through net banking, UPI, debit, or credit card to buy the policy.

After successful payment, your policy document will be available for you to download instantly. You will receive a copy of the policy document on your registered email ID within 5 to 7 working days.
You will also receive an SMS confirmation immediately after the payment processed successfully.
You can also access your policy details through the My Account section within 5 to 7 days after purchase.

Frequently asked questions

Why should I buy health insurance for my parents?

With the best health insurance policies for parents, the policyholder’s parents will receive the best medical treatment possible. They provide financial security in the event of unanticipated medical bills. Having the best health insurance plans for parents will assist policyholders in paying all medical bills that may arise.

My parents have pre-existing diseases. Can I buy parents health insurance?

Yes, you can choose a plan that covers their pre-existing illnesses. However, there may be a waiting period depending on the plan you choose. Choose health insurance plans for parents with the shortest waiting periods. If you have a family floater policy, you can even cover your parents under your current medical policy. Before including your parents in the same plan, you should consider checking the age restrictions in your plan.

Is there any age limit while buying parents medical insurance?

Each medical insurance policy for parents includes an age requirement. Before purchasing an insurance policy for parents, the buyer should make an informed decision. The policyholder can check the age criterion on the company's website before buying a medical policy for parents. This way they can choose the best medical insurance for parents.

Which is the best health insurance for parents?

The policy buyer can choose from a variety of health insurance plans offered by various health insurance firms. Critical illness coverage, pre-existing sickness coverage, cashless hospitalisation, organ donor transplantation (if possible), and a bigger sum insured are all essential features of the best health insurance for parents. The buyer should check the health insurance benefits offered by the insurer and choose the best medical insurance for parents.

How can I enhance my parents’ insurance coverage?

You might choose a different insurer at the renewal time to improve your parent’s health insurance coverage. You can also add a critical illness rider to your policy to boost the benefits even more. Various companies offer the policy of increasing the claim amount in the insurance policy by paying a nominal extra cost. Several top-up health plans offer coverages over and above the existing health insurance plans.

Does health insurance give tax benefits to parents?

Yes, tax savings of up to Rs. 50,000 are available for health insurance premiums paid by parents over the age of 60. Therefore, get the best medical insurance for parents as it will cover their future and save money through tax exemptions.

What types of parents' health insurance plans are available?

There are various health insurance plans available for parents, including individual plans, family floater plans, senior citizen plans, and critical illness plans. These plans differ in their coverage, premium, and other features.

Can I include multiple family members under the same policy?

Yes, you can include multiple family members such as parents, spouse, and children under the same policy with a family floater plan. It offers coverage for the entire family under a single premium.

Are there any tax benefits associated with parents' health insurance?

Yes, premiums paid towards parents' health insurance qualify for tax deductions under Section 80D of the Income Tax Act. An individual can claim a tax deduction of up to Rs. 25,000 for the health insurance premium paid for parents, and an additional Rs. 25,000 can be claimed if the parents are senior citizens.

What is a waiting period in parents' health insurance?

A waiting period is the period during which the policyholder cannot claim any benefits for certain medical conditions. The waiting period in parents' health insurance varies from 1 to 4 years, depending on the type of illness. It is advisable to choose a plan with a shorter waiting period to receive early benefits.

How to choose health insurance for senior citizen parents?

While choosing health insurance for parents, the factors you should consider are age, existing medical conditions, coverage requirements, budget, and policies offering comprehensive coverage. You need to disclose all pre-existing medical conditions and compare policies for features, coverage, and premiums before choosing the most suitable policy for senior citizen parents.

Can I claim health insurance for my parents?

Yes, you can claim health insurance for your parents if they are included in your policy as dependents or if you purchase a separate policy for them. Claims can be made for hospitalisation, surgeries, and medical treatments, depending on the coverage offered in the policy. Ensure their health needs are adequately covered.

Can I take health insurance for my mother?

Yes, you can purchase health insurance specifically for your mother, either as a dependent under your family policy or with an individual health insurance plan. The policy will cover medical treatments, hospitalisation, and specific conditions based on her health requirements. Policies tailored for older individuals can offer comprehensive coverage.

Which insurance is best for a mother?

The best health insurance for your mother depends on her age, medical history, and healthcare needs. Opt for policies that offer coverage for pre-existing conditions, critical illness cover, and regular health check-ups. Plans with high claim settlement ratios, cashless facilities, and affordable premiums are also important factors to consider.

Show More Show Less

Related videos

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

*T&C Apply - Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Company Limited, ACKO General Insurance Limited, ICICI Lombard General Insurance Company Limited, HDFC ERGO General Insurance Company Limited, Tata AIG General Insurance Company Limited, The New India Assurance Company Limited, Cholamandalam MS General Insurance Company Limited, Niva Bupa Health Insurance Company Limited , Aditya Birla Health Insurance Company Limited, Manipal Cigna Health Insurance Company Limited and Care Health Insurance Company Limited under the IRDAI composite CA registration number CA0101. Please note that, BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. Please refer insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services.  Please consult your advisors before proceeding to purchase an insurance product. Visitors are hereby informed that their information submitted on the website may also be shared with insurers. BFL is also a distributor of other third party products from Assistance Services providers such as CPP Assistance Services Pvt. Ltd., Bajaj Finserv Health Ltd. etc. All product information such as premium, benefits, exclusions, sum insured, value added services, etc. are authentic and solely based on the information received from the respective insurance company or the respective Assistance service provider company.

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.