The Bajaj Finserv EMI Card is a payment option that allows you to convert your purchases into easy monthly installments. Here are some of the charges associated with the Bajaj Finserv EMI Card:
- Joining Fee: The joining fee for the Bajaj Finserv EMI Card is Rs. 530, which is a one-time fee.
- Annual Fee: The annual fee for the Bajaj Finserv EMI Card is Rs. 315, which is charged on a yearly basis.
- Interest Rate: The interest rate on the EMI amount will depend on the product category and the tenure you select. Interest rates typically range from 13% to 16% per annum.
- Processing Fee: Bajaj Finserv charges a nominal processing fee for every EMI conversion. This fee is typically 1-2% of the loan amount.
- Late Payment Charges: If you miss a payment, Bajaj Finserv will charge a late payment fee of Rs. 50 to Rs. 500, depending on the outstanding amount.
It’s important to note that these charges may vary depending on the product and the terms and conditions of the offer. Therefore, it’s always a good idea to check the latest information on the Bajaj Finserv website or contact their customer care team for specific details.
