The EMI Network Card has several fees associated with it. These include processing fees, joining fees, convenience fees, add-on card fees, mandate registration fees, loan encashment fees, and check bounce fees/NACH. Additionally, mandate rejection costs, penal interest, an annual fee, and statement/document fees may be charged with the Bajaj Finserv EMI Network Card, depending on usage. Please be aware that these fees apply to the EMI Network Card, which can be applied offline, and online.

Types of EMI Network Card Charges

  1. Fee for EMI Network Card: 530 (inclusive of taxes)
  2. Fee for Add-On Cards: 199 (inclusive of taxes)
  3. Convenience Fee for EMI Cards: 99 (taxes included) (added in the 1st EMI)
  4. Annual Fee for an EMI Card: 117 (inclusive of taxes)
  5. Charges for EMI Card Mandate Registration: 118 (inclusive of taxes)
  6. Charges for Rejecting an EMI Card Mandate: 450 (inclusive of taxes)
  7. 99 (including taxes) are the fees for EMI Card Loan Enhancement (added in the 1st EMI)
  8. Charges for NACH/Check Bounce for EMI Card: 450 (inclusive of taxes)
  9. Document fees for EMI Card Online document downloads: Nil

Processing fee for using the Bajaj Finserv EMI Network Card

On some products, a small processing fee will be added to your order; however, this is not the case for the majority of our offerings. You can purchase electronics, appliances, gadgets, groceries, and much more on simple EMIs with the Bajaj Finserv EMI Network Card. When you apply for an Insta EMI Card online or offline, there is an application fee for the EMI Network Card that is payable once. Instant activation fee or joining fee are some names for it. To use the pre-approved loan amount for purchases, you must first activate the card, which is a necessary step.

Annual Charges for the Bajaj Finserv Insta EMI Network Card

If the EMI Card has been inactive for a period of 12 months following the validity month of the previous year, you will have to pay an annual fee. The term “card renewal charge” or “card inactive fee” are also used to describe it. On the front of your Insta EMI Card is information on the validity month.

Processing Fee for the Bajaj Finserv Insta EMI Network Card

If the Insta EMI Card has been inactive for a period of 12 months following the validity month of the previous year, Bajaj will impose an annual fee. The term “card renewal charge” or “card inactive fee” are also used to describe it. On the front of your EMI Card is information on the validity month.

Mandate Registration Charges

The fees for Bajaj Finserv EMI Network Card e-mandate registration are as follows. In the final phase of the EMI card application procedure, called an “e-mandate,” you must enter your bank information and confirm it using an OTP. Bank of Maharashtra, United Bank of India, Indian Overseas Bank, Karnataka Bank Ltd., Development Credit Bank Ltd., Punjab and Sind Bank, UCO Bank, IDFC Bank, Tamilnad Mercantile Bank Ltd., and Rajkot Nagarik Sahakari Bank, Ltd. are among the institutions that must pay a mandate registration fee.

EMI Card Mandate Rejection Charges

If you don’t file a new mandate within 30 days after your bank rejects your previous mandate, you will be charged for mandate rejection.

EMI Network Add-On Card Fee

Bajaj charges and Insta EMI Card fees for additional cards. This is in addition to the fees that the principal EMI Network cardholder is responsible for.

NACH/ Cheque Bounce Charges for EMI Card

The NACH/Cheque Bounce fee, sometimes referred to as the ECS Return Fee, is assessed if the payment on your EMI amount is unsuccessful due to inadequate funds or bank refusal reasons.

Convenience Fee on EMI Network Card

A surcharge is not the same as a convenience fee. It is assessed to make it simpler for customers to use the Bajaj Finserv EMI Network Card at POS (points of sale) to break down their total due amount into manageable EMIs.

Penal Interest on EMI Network Card

This is the interest charged if you don’t pay your EMI by the deadline. It is valid from the time a payment is a past due until the entire installment has been paid.

So stop waiting and submit your online Bajaj Finserv Insta EMI Card application right away. If you choose not to apply online, you may choose in-store financing at any offline partner locations and apply for a Bajaj Finserv EMI Network Card there.

Read Also: How to Financially Protect Yourself When Investing in New Buildings

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Oliver James is a UK-based professional blogger, content writer, and content marketer who writes about travel and tourism, finance, real estate, and other topics on his blog. Passionate about writing, traveling, and getting the best deal on everything he buys, Oliver also writes for customers and helps them publicize their products, and services in the US and UK markets. He is a traveler who has visited over 35 countries and loves his job because it gives him the opportunity to find stories, experiences, and places which he can share with his readers. Oliver James is a professional blogger, content marketer, traveler, and electronics enthusiast. He started blogging in 2016 and has become a contributing writer for several blogs, including Android Authority and Elecpros. Oliver has also published his own informational books with Kindle Direct Publishing on subjects like Flappy Bird and Google Cardboard. Also Read: > all inclusive holidays > Lumber Takeoff Services We are Content Writing Agency Australia. We are a team of creative writers, passionate storytellers, and dedicated content creators committed to producing high-quality written pieces that capture your business’s unique voice. Our mission is to provide engaging, meaningful content that resonates with your target audience and helps you reach your goals. Tech Articles Sample: macOS Ventura | Sony Xperia 1 IV | iPhone 14 VS iPhone 14 Pro | iPhone 13 VS iPhone 14 Educational Articles Sample: Radio communication protocols | Create computer software | Difference between Deep web & Dark web | Difference between software & an app | Blackboard DCCCD Sport Articles Sample: Carrom History | Swimming History | Arnis History | Dog Surfing History | Extreme Ironing History | Sepak Takraw History Kate Johnson is a content writer, who has worked for various websites and has a keen interest in Online Signals Report and Stock portfolio generator. She is also a college graduate who has a B.A in Journalism. Read More: Fin Scientists >> Read More: Stocks Signals Mobile App >> Read More: Crypto Signals >> Read More: Crypto Trade Signals App >> Read More: Trade Signal Buy and Sell