HDFC Bank launches prepaid medical card with Apollo Hospitals
Hotline: 1800 102 2007
X
Search Business Opportunities
Policy 2015-05-19

HDFC Bank launches prepaid medical card with Apollo Hospitals

HDFC Bank has launched medical benefits card with Apollo Hospitals to allow big corporates to disburse medical allowances to their employees.

HDFC Bank launches prepaid medical card with Apollo Hospitals
  1. Known to be the second largest private lender, HDFC Bank has launched co-branded medical benefits card with Apollo Hospitals. The prepaid medical card will allow corporates to disburse medical allowances to their employees and has insurance cover for accidents.

Significantly, the corporates may load the specified allowance, with the HDFC Bank-Apollo Medical Benefits Cards, every month, which can be used by the employees for medical expenditure at Visa or MasterCard outlets.

Claimed to be the first-of-its kind product in India, the card comes with a free accidental death insurance of Rs 3 lakh and accident hospitalisation insurance of Rs 30,000.

Commenting on the matter, Parag Rao, Senior Executive Vice-President of the HDFC Bank said, "The HDFC Bank-Apollo Medical Benefits Card offers an easy and convenient way for corporates to save costs and eliminate administrative issues while disbursing medical allowances.”

Apart from this, the prepaid medical card will also offers discounts at Apollo network including Apollo Hospitals, Apollo Pharmacies, Apollo Clinics and Apollo White Dental.

Prior to this, Apollo Munich, the health insurance body of Apollo Hospitals Group and Global Health Insurance leader Munich Health, has tied-up with Indian Overseas Bank (IOB) to provide specialised health and personal accident products to bank's customers.

Comment
Related opportunities
  • Quick Service Restaurants
    About Us: Kathi Express has discovered its own variety of spices..
    Locations looking for expansion Uttarakhand
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Dehradun Uttarakhand
  • Preschools
    About:  Sheetal Kids is a venture of Sheetal Academy- a well-established..
    Locations looking for expansion Maharashtra
    Establishment year 1989
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Bars, Pubs & Lounge
    About Us: A multi-award winning, trendy resto-bar by Rachel Goenka, located..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Bakery & Confectionary
    About Us: Sugardough is the brainchild of Mr. Pravin Rao, who..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts