Best Maternal Health Service Support Guidelines

The maternal health service support is designed for women to cater for them during their pregnancy and delivery period to keep the health and safety of mothers at all levels safe. There is a service that will be provided during pregnancy and after delivery. for women.

Recently, the acceptance of assisted reproductive techniques by more families has increased the family’s chances of conceiving. Maternal health service support is Access bank’s health Service support specially designed to support women and families with easy and convenient options to pay for their medical procedures.

Maternal Health Service Support

Having a fertility treatment is quite expensive for even middle-class families in Nigeria and in some cases, families may have to go through multiple treatments before getting their desired result which may lead to cash strapped situations if not properly planned for.

Importance of Maternal Health Services

The rising costs attached to having successful fertility treatment (e.g. IVF, ICSI etc.) stem from the need to undergo multiple cycles depending on the outcome. In response to the above plight and to ease the financial burden on families, Access Bank offers a Maternal Health Service Support (MHSS) Loan under the W Initiative that covers medical procedures (local and international) for women.

Maternal Health ServicesSupport has financed 102+ fertility-related procedures and recorded successful births of 50+ healthy babies to thankful families. In addition to Fertility Treatments and Natal Support (local and International), the following specialized procedures are also covered under Maternal Health Services Support;

  • Hysterectomy
  • Myomectomy
  • Dental
  • Orthopedic
  • Bariatric (weight loss procedures), etc.
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Access Bank Maternal Health Service Support Features

  • No Loan Fees
  • Highly subsidized interest rate
  • Flexible repayment plan
  • Access to over 30 well-renowned fertility clinics and birth travel service companies in Nigeria.

AMaternal Health Services Requirements

  • Completed MHSS application form
  • Domiciliation of Salaries/ Business Proceeds
  • Executed Employee Status Inquiry/Employer’s Confirmation i.e. confirmation letter/ last promotion letter.
  • Copy of Employment ID and valid means of identification
  • Medical bill
  • BVN
  • Credit checks

Access Bank Maternal Health Service Support Eligibility Criteria

For Salary Earner

  • Applicant must earn at least N100,000 per month
  • Applicant must be confirmed eligible for IVF treatment from the clinic after proper investigations
  • Applicant must not be more than 55 years’ old
  • Applicant must be a confirmed staff
  • Debt service ratio must not exceed 33.3%
  • Salary account of the applicant must be domiciled with the Bank throughout the tenor of the facility
  • Satisfactory credit checks
  • The maximum accessible loan amount will be 75% of the applicant’s net annual salary

Business Owner

  • Applicant must open a business account with the Bank and cash flows must be domiciled with the Bank throughout the tenor of the facility
  • Individual must not be more than 55 years’ old
  • Applicant must be confirmed eligible for IVF treatment from the clinic after proper investigations
  • Business must have existed for at least 1 year evidenced with the 1-year bank statement
  • Satisfactory credit checks
  • Minimum turnover shall be Five (5) Million Naira
  • Provision of a credible guarantor

Maternal Health Service Provision

The acceptable security includes any or a combination of the following

  • Salary Domiciliation
  • Fixed Deposit (covering at least 120% of obligor’s loan amount)
  • 3rd Party Credible Guarantor. Interested customers can send an email to womenbankingteam@accessbankplc.com or call 01236-4875, 01271-2005-7. Or Visit the Access bank official website for more details
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The maternal health service support beneficiaries need not be an existing account holders. However, the applicant individual will need to establish a banking relationship and must meet the eligibility and documentation requirements.

To ensure IVF treatments are more accessible, Access bank has partnered with a health management company to provide 30% cashback on unsuccessful IVF procedures. This partnership will offer access to an affordable IVF Plan that covers drugs, technical fees to carry out a single IVF procedure with an option of financing solutions (MHSS) from Access bank.

The Hygeia IVF Plan offers extra benefits like 30% repayment on loan in case of failure of treatment and access to a Hygeia In-house Doctor.

Maternal Health Service Support Pricing for Hygeia IVF Plan

Terms
Hygeia (One IVF Cycle Plan)
Maximum Tenor24 months
Maximum AmountN1,500,000
Interest Rate14% Per Annum
Facility Fee and Management FeeNot Applicable
Credit Life Insurance0.5%
USP-Cash back offer (only for unsuccessful procedures)30% of the plan price

The beneficiaries for the Maternal Health Service Support don’t need to be existing account holders with Access Bank. However, the applicant will need to establish a banking relationship and must meet the eligibility and documentation requirements.

The turnaround time for loan processing and disbursement is 72 working hours, subject to the submission of all required documents. Apart from the beneficiary spouse, the beneficiary can get either a 3rd party sponsor/guarantor who will domicile salaries or provide cash collateral covering at least 120% of the loan amount.

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A blogger who blogs about Business, Information Technology, Digital Marketing, Real Estate, Digital Currencies, and Educational topics that can be of value to people who visit my website
Lawrence
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A blogger who blogs about Business, Information Technology, Digital Marketing, Real Estate, Digital Currencies, and Educational topics that can be of value to people who visit my website

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