Health EMI Network Card fees and charges

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

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Applicable fees and charges

FEES AND CHARGES
The following charges are applicable on Health EMI Network Card:
Types of fees Charges applicable
Health EMI Network Card fee - Gold Rs. 707/- (inclusive of applicable taxes)
Health EMI Network Card fee - Platinum Rs. 999/- (inclusive of applicable taxes)
   
FEES & CHARGES APPLICABLE FOR LOAN AVAILED THROUGH HEALTH EMI NETWORK CARD
Processing Fee Up to Rs. 1,017/- (Inclusive of applicable taxes) collected upfront
Bounce Charges Rs. 500/- per bounce
Penal Interest Any delay in payment of Monthly Instalment/ EMI shall attract penal interest at the rate of 3.5% per month on the Monthly Instalment/ EMI outstanding, from the date of default until the receipt of Monthly Instalment/ EMI.
Mandate Rejection Charges Rs. 450/- per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered
Mandate Registration Charges Rs. 118/- (Inclusive of applicable taxes) if applicable
Loan Enhancement Fees Rs. 117/- (Inclusive of applicable taxes) for temporary increase in 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 the first instalment
Full Pre-payment (Foreclosure) Charges Nil, anytime post disbursal of loan
Part Pre-payment Charges Nil, anytime post disbursal of loan

How to apply for the Health EMI Network Card

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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.