Applicable fees and charges
FEES AND CHARGES |
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The following charges are applicable on Health EMI Network Card: |
|
Type of fees |
Charges applicable |
Health EMI Card Network Card fee - Gold |
Rs. 707/- (inclusive of applicable taxes) |
Health EMI Card Network Card fee - Platinum |
Rs. 999/-(inclusive of applicable taxes) |
Corporate/ Hospital Health EMI Network Card Fee | Up to Rs. 599 (inclusive of applicable taxes) |
Annual fee |
Up to Rs. 117/- (inclusive of applicable taxes). Annual fee will only be charged to the Health EMI Network Card holders who have not availed any loan using the Health EMI Network Card in the preceding year. The duration of the preceding year is calculated 12 months from last year’s validity month, which is printed on the face of your Health EMI Network Card. For example, if the Health EMI Network Card is issued in the month of February 2019 (referred to as ‘Member Since’, on the Health EMI Network Card) the date for payment of the annual fee will be March 2020. |
The following charges are applicable for availing loan limit through Health EMI Network Card: |
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Processing fee |
Up to Rs. 1,017/- (inclusive of applicable taxes) collected upfront. |
Bounce charges |
In case of default of repayment instrument Rs. 500/- per bounce will be levied. |
Penal charges |
Delay in payment of instalment(s) shall attract penal charge of up to Rs. 5 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
Mandate rejection charges |
Rs. 450/- per month from the first instalment due date for mandates rejected by customers bank until the new mandate is registered. |
Loan enhancement fees |
Rs. 117/- (inclusive of applicable taxes) for temporary increase in Health EMI card limit for the loan transaction. Same will be charged only for increase in limit in excess of Rs. 999/- to be collected along with the first instalment. |
Convenience fee |
Rs. 117/- (inclusive of applicable taxes) will be collected along with first instalment. |
Full prepayment (foreclosure) charges |
Nil, anytime post disbursal of loan. |
Part prepayment charges |
Nil, anytime post disbursal of loan. |
How to apply for the Health EMI Network Card
Frequently asked questions
The Health EMI Network Card fee could vary and is typically a one-time payment. This fee covers the card issuance and provides you with access to affordable EMI options for healthcare expenses, making it easier to manage medical bills and treatments.
Bajaj Health EMI Card transactions often come with no interest if you opt for the 'No Cost EMI' scheme. This means you can spread your medical expenses over EMIs without any additional interest, making healthcare more affordable and accessible.
Yes, a nominal fee is charged to acquire the Bajaj Finserv Health EMI Network Card. This fee is a one-time payment and allows you to avail of flexible EMI options for medical treatments and procedures at partner hospitals and clinics.
EMI processing fees are generally not charged monthly on the Health EMI Network Card. However, there might be a nominal processing fee associated with converting your medical expenses into EMIs at the time of purchase. This fee is usually a one-time payment and varies based on the chosen EMI plan and terms.