Health EMI Network Card fees and charges

Read our fees and charges in detail before applying for the Health EMI Network Card

Applicable fees and charges

Type of fee Applicable charges

Health EMI Network Card fee - Gold

Rs. 707 (inclusive of applicable taxes)

Health EMI Network Card fee - Platinum

Rs. 999 (inclusive of applicable taxes)

Mandate registration charges

Rs. 118 (inclusive of applicable taxes) will be applicable for the below banks:

  • Bank of Maharashtra
  • Development Credit Bank Limited
  • IDFC Bank
  • Karnataka Bank Limited
  • Punjab & Sind Bank
  • Rajkot Nagarik Sahakari Bank Limited
  • Tamilnad Mercantile Bank Limited
  • UCO Bank
  • Indian Overseas Bank
  • United Bank of India

NACH/ Cheque bounce charges

Rs. 450 (inclusive of applicable taxes)

Mandate rejection charges

Rs. 450 (inclusive of applicable taxes) applicable if the new mandate form is not registered within 30 days from the date of rejection of the previous mandate form by the customer's bank for any reason whatsoever

Document/ statement charges/ statement of account/ repayment schedule/nforeclosure letter/ no due certificate/ interest certificate/ list of documents

Download your e-statements/ letters/ certificates at no extra cost by logging into the customer portal – My Account. You can get a physical copy of your statements/ letters/ certificates/ list of documents from any of our branches at a charge of Rs. 50 (inclusive of applicable taxes) per statement/ letter/ certificate.

Penal interest charges

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 4% per month on the monthly instalment/ EMI outstanding, from the date of default until the receipt of monthly instalment/ EMI.

Annual fee

Rs. 117 (inclusive of applicable taxes)
Annual fee will only be charged to the Health EMI Network Card holders who have not availed of 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 Health EMI Network Card) the date of payment of the annual fee will be March 2020.

How to apply for the Health EMI Network Card

Step-by-step guide to get the Health EMI Network Card

  1. Select the card variant of your choice (Gold/ Platinum).
  2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
  3. Fill in the application form with your basic details, such as your full name, PAN, date of birth, PIN code and email ID.
  4. Select your employment type and gender.
  5. Click on ‘Proceed’ to know your card limit.
  6. Verify your KYC using your Aadhaar Card or DigiLocker.
  7. Post successful KYC, pay a one-time joining fee (Rs. 707 for Gold/ Rs. 999 for Platinum).
  8. Click on ‘Activate Now’ and enter your bank account number and IFSC code to complete the e-mandate process.
  9. After successful, e-mandate registration, your card is ready to use.

Note: The online process may differ depending on whether you are a new customer or have an existing relationship with us.