Hearing is a very important part of our everyday life. It helps us talk to people, enjoy music, watch TV, and stay safe. But when someone starts to lose their hearing, life can become difficult. A good hearing aid can help bring back the joy of hearing. However, one major concern for many people is the cost of hearing aids.
This brings us to an important question:
Are hearing aids available on EMI (Equated Monthly Instalments) in India?
The answer is YES! Hearing aids can be purchased on EMI in India. This means you don’t need to pay the full amount at once. You can pay in small monthly payments over time, making hearing aids more affordable and accessible to everyone.
Let’s explore in detail how EMI works for hearing aids in India and how you can benefit from it.
Hearing Aids and Their Cost in India
The cost of hearing aids in India varies depending on many factors. Some hearing aids are basic, while others have advanced technology. Here’s a general idea of what they can cost:
- Basic models – around ₹15,000 to ₹40,000 per ear
- Mid-range models – around ₹40,000 to ₹80,000 per ear
- Premium models – can go from ₹1,00,000 to ₹3,00,000 per ear
These prices depend on:
- Type of hearing aid: BTE (Behind-the-Ear), ITE (In-the-Ear), ITC (In-the-Canal), CIC (Completely-in-the-Canal), etc.
- Technology features: Noise reduction, Bluetooth, rechargeable batteries, etc.
- Brand: Popular brands like Phonak, Signia, Widex, ReSound, Starkey, and Beltone have different price ranges.
- Customization: Hearing aids that are specially made for your ear may cost more.
- Fitting and follow-up services: Some clinics include testing, fitting, and check-ups in the total cost.
As you can see, the price can be high for many people. That’s why EMI options are so important.
What is EMI and Why is it Helpful?
EMI stands for Equated Monthly Instalment. It is a way of breaking down the total cost of a product into smaller amounts that you pay every month. Instead of paying a big amount all at once, you can pay in parts – sometimes over 3, 6, 12, or even 24 months.
This method is especially helpful for buying expensive items like hearing aids. It removes the pressure of paying a large amount upfront and allows you to start using the product right away while paying for it slowly.
Buy Hearing Aids on EMI with the Bajaj Finserv and Fibe EMI
One of the easiest ways to buy hearing aids on EMI in India is by using the Bajaj Finserv and Fibe EMI.
Benefits:
- Pre-approved loan up to ₹2 Lakhs
- Flexible repayment tenure – choose to pay in 3 to 24 months
- Zero or low down payment – start your EMI plan with little or no money upfront
- No prepayment charges – pay off early without extra fees
Other Ways to Finance Hearing Aids in India
While the Bajaj EMI card is a popular option, there are other ways you can manage the cost of a hearing aid:
1. Health Insurance
Most Indian health insurance policies do not cover hearing aids. But it’s still worth checking your policy. Some may offer:
- Partial coverage
- Special coverage for senior citizens
- Plans that include hearing care
If your current insurance doesn’t help, you can look for one that does, but always compare premium costs and benefits.
2. Financing by Manufacturers
Some hearing aid companies offer their own EMI or financing schemes. Ask your hearing aid provider if they have such plans. These may be offered in partnership with banks or NBFCs.
3. Credit Cards
Using a credit card is an option, but be careful. Credit cards often have high interest rates (18–36% annually). If you can’t repay the full amount quickly, the total cost could become much higher.
Steps to Buy a Hearing Aid on EMI in India
If you are considering buying a hearing aid on EMI, here’s what you can do:
Step 1: Get a Hearing Test
Visit an audiologist to get your hearing tested. They will:
- Check your hearing level
- Suggest suitable hearing aid models
- Explain features and benefits
Step 2: Compare Brands and Prices
Based on your hearing loss and budget, look at different brands and models. Don’t forget to ask about:
- Warranty
- Service support
- Trial period
Step 3: Check EMI Options
Ask the seller if they offer EMI.
- Check your credit limit
- Choose your repayment tenure
- Confirm No Cost EMI terms
- Manufacturer financing
- Credit card payment
Step 4: Complete Your Purchase
Once everything is confirmed, you can complete your purchase either online or at the store. Make sure to keep a copy of:
- Your EMI agreement
- Invoice
- Service terms
Hearing Aids Are Affordable on EMI at SFL Hearing Solutions
Hearing aids are life-changing devices. But for many, the price can be a barrier. Thankfully, EMI options at SFL make hearing aids more affordable for everyone. With tools like the Bajaj Finserv EMI and Fibe EMI, you can buy the right hearing aid without stressing about the cost.
To summarise:
- Hearing aids can cost from ₹15,000 to ₹3,00,000 per ear depending on the model and features.
- EMI allows you to spread the cost into small, manageable monthly payments.
- Bajaj Finserv and Fibe EMI offers No Cost EMI with benefits like zero interest, flexible tenure, and easy application.
So if you or a loved one needs a hearing aid, don’t wait. Contact us today and take the first step toward better hearing and a better life.