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Fees and Charges of the Bajaj Finserv Insta EMI Card

Much like credit or debit cards, the Bajaj Finserv EMI Network Card also has certain fees that you need to pay. These include joining fees, convenience fees, add-on card fees, mandate registration charges, processing fees, and more. 

 

Other Bajaj Finserv EMI Network Card fees and charges may be applicable based on usage. These include mandate rejection charges, penal interest, statement/document charges, and annual fees. 

 

Do note that these charges are applicable when you apply for the Bajaj Finserv EMI Network Card online and offline. Read on to know more about the Bajaj Finserv EMI Network Card fees.

Fees of the Bajaj Finserv Insta EMI Card

The Bajaj Finserv EMI Network Card charges for online and offline usage are as follows:

Types of Charges Levied by Bajaj Finserv

Bajaj Finserv Insta EMI Card Charges

EMI Network Card Fee

₹530 (inclusive of taxes)

Add-On Card Fee

₹199 (inclusive of taxes)

EMI Card Annual Fee

₹117 (inclusive of taxes) applicable only if you do not take a loan on the Bajaj Finserv EMI Network Card in the preceding year

Preceding year's duration is calculated 12 months from last year's validity month visible on the Bajaj Finserv EMI Network Card.

Online Convenience Fee

₹69 (Inclusive of applicable taxes) - For customers who get the EMI Card exclusively through digital mode

Loan Limit Enhancement Fees

₹117 (inclusive of taxes)

FAQs on Bajaj Finserv EMI Network Card Charges & Fees

What is the Bajaj Finserv EMI Network Card processing fee?

The Bajaj Finserv EMI Network Card’s processing fees can go up to ₹5,000 (inclusive of taxes). It depends on the product, scheme, and dealer.

What is the Bajaj Finserv EMI Network Card joining fee?

The Bajaj Finserv EMI Network Card fee for joining is ₹530. Do note that the fee is inclusive of taxes and that the joining fee or the card activation fee is a one-time fee only.

Is there any processing fee for the Bajaj Finserv EMI Network Card?

Yes, a processing charge is one of the essential Bajaj Finserv EMI Network Card fees. The fee amount is as per the type of item purchased and can go up to ₹5,000. 

 

While most products do not come with a processing fee, it may be applicable for select items. This will vary based on the product, scheme, and dealer.

What is the Bajaj Finserv EMI Network Card annual charge?

The Bajaj Finserv EMI Card annual charge is ₹117. The annual fee is only applicable if you do not avail a loan on the card for 12 months (starting from the validity month of the previous year). You can find the validity month printed on the face of the card.

Is there any interest rate charge on the Bajaj Finserv EMI Network Card?

No. Products purchased via the Bajaj Finserv EMI Network Card can be paid through No Cost EMIs. This means that there is no interest charged, and you only repay the price of the product/service. Regarding any default or delay in payment, the interest rate will be 3.50% per month on the outstanding amount until you repay it.

How to pay EMIs on the Bajaj Finserv EMI Network Card?

You can easily pay the EMI of your Bajaj Finserv EMI Network Card online by visiting the ‘My Account’ section after signing in to your account. You can pay overdue EMI, make an advance EMI payment or part payment, or foreclose the loan. 


Remember, any delay or default in EMI payments will attract a penal interest of 3.50% per month as a Bajaj Finserv EMI Network Card charge. So, be sure to pay your dues on time. Remember that advance payments will help, too, as there are no foreclosure charges.

Is the Bajaj Finserv EMI Network Card chargeable?

Yes, there are some Bajaj Finserv EMI Network Card charges. This includes a one-time joining fee of ₹530. Other charges include processing fees, annual fees, convenience fees, and more. The applicability of these charges depends on the use of your card.

How much does the Bajaj Finserv EMI Network Card cost?

There is a one-time joining fee of ₹530 for the Bajaj Finserv EMI Network Card. The fee is inclusive of taxes.

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