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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

Convenience Fee

₹117 (inclusive of taxes) collected in the first instalment

Loan Enhancement Fees

₹117 (inclusive of taxes) added in the 1st EMI

Processing Fee

Up to ₹5,000 (inclusive of taxes) collected upfront

Penal Interest

3.50% per month on the outstanding EMI amount from the date of default till the date of payment

Mandate Registration Charges

₹118 (inclusive of taxes)

Mandate Rejection Charges

₹450 (inclusive of taxes) applicable per month from the 1st instalment until the new mandate’s registration

NACH / Cheque Bounce Charges 

₹500 per bounce (inclusive of taxes)

 

CIBIL TransUnion Report Fees for EMI Card

₹36 to ₹46 (inclusive of taxes)

 

Disclaimer: The above Bajaj Finserv EMI Network Card fees are subject to change at the issuer’s discretion. 

 

Now that you know the Bajaj Finserv EMI Network Card charges, remember that some of them depend on your card usage. For example, the Bajaj Finserv EMI Network Card’s annual charges are only applicable if you do not avail a loan in the preceding 12 months. 

 

By familiarising yourself with such terms and conditions, you can make the most of this financial tool. You can easily apply for this card on Bajaj Markets and enjoy a digital application process.

FAQs on Bajaj Finserv EMI Network Card Charges & Fees

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.

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.

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.

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.

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.

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.

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.

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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