Recharge and Pay Bills
About housing society bill payment on Bajaj Finserv
Housing society bill payment on Bajaj Finserv
If you own a flat in a housing society, timely payment of society maintenance bills is your responsibility. However, your hectic schedule might now allow you to pay the apartment maintenance at the society’s office.
Bajaj Finserv offers an easy solution to this problem, as the BBPS platform on Bajaj Finserv accepts online payment of maintenance fees. You can log in to the BBPS platform on Bajaj Finserv and make the payment safely within a few minutes and ensure you make a timely contribution to your society’s upkeep.
Housing society bye-laws
Housing society bye-laws are a set of rules and regulations that govern the functioning of a cooperative housing society. These bye-laws outline the rights and duties of every member of the society, including their responsibilities in maintaining the society's infrastructure and facilities. The bye-laws help to maintain harmony and discipline within the society and ensure that all transactions and decisions made by the society are transparent and fair. They also provide guidelines on the conduct of society meetings, elections, and other procedures.
Housing society bye-laws are essential for the smooth operation of a cooperative housing society. They help to prevent disputes and conflicts between members and provide a framework for resolving any issues that may arise. The bye-laws also serve as a legal document that can be enforced in the event of any violations. Therefore, it is important for every member of a housing society to be aware of and follow the society’s bye-laws.
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Features and benefits of paying housing society bill on Bajaj Finserv
When paying for your housing society bill online on the Bajaj Finserv BBPS platform, you can avail of the following benefits
- Ease of payment
You can complete the housing society bill online at any time from the comfort of your home before the due date. - Multiple payment methods
The BBPS platform on Bajaj Finserv allows you to use credit/debit cards, net banking, UPI, or e-wallets to make transactions incredibly convenient. - Safe and secure
Bajaj Finserv provides a safe and secure payment platform. Your payment details are secure with the platform’s robust security measures. - Instant billing receipts
When you pay your housing society bill online, you will receive instant transaction IDs and billing receipts. It ensures better transparency and reliability.
Importance of paying housing society maintenance charge
- Essential to pay housing society maintenance for communal upkeep.
- Obligatory commitment when residing in a housing society.
- Maintenance contract signed with the builder upon membership registration.
- Transition of responsibilities from builder to managing committee.
- Shared cost among members avoids individual burdens.
- Investment in collective services with flexible payment options.
- Ensures reasonable maintenance charges for all society members.
Check and download the maintenance bill of your housing society on Bajaj Finserv
Following are the steps to check and download the maintenance bill of your housing society on Bajaj Finserv:
- Click on 'DOWNLOAD APP' to open the Google Play Store
- Login through the email ID registered with your mobile
- Click on ‘INSTALL’
- Open the app on your mobile phone
- Enter your 10-digit mobile number to 'GENERATE OTP'
- Enter the OTP and click on 'PROCEED'
- Under the ‘UTILITIES AND BILLS’ section, choose ‘HOUSING SOCIETY’
- Choose your ‘CITY’, followed by the ‘NAME OF YOUR HOUSING SOCIETY’ from the drop-down menu
- Enter your flat number and mobile number (if applicable) and ‘FETCH THE BILL’
Now you can check and view the maintenance bill of your society. Also, you can download the same in PDF format.
Fees and charges
A convenience fee of up to 2% will be charged depending on the transaction amount and payment mode (inclusive of applicable taxes). For more information on fees and charges, click here.
Note: For failed transactions, the total amount including charges except taxes are reversed.
- Ease of payment
Steps to pay housing society bill online on Bajaj Finserv
Follow the steps mentioned below to pay your housing society bill on Bajaj Finserv:
- Click on 'DOWNLOAD APP' to open the Google Play Store
- Login through the email ID registered with your mobile
- Click on ‘INSTALL’
- Open the app on your mobile phone
- Enter your 10-digit mobile number to 'GENERATE OTP'
- Enter the OTP and click on 'PROCEED'
- Under the ‘UTILITIES AND BILLS’ section, choose ‘HOUSING SOCIETY’
- Choose your ‘CITY’, followed by the ‘NAME OF YOUR HOUSING SOCIETY’ from the drop-down menu
- Enter your flat number and mobile number (if applicable) and ‘FETCH THE BILL’
- Pay using your credit card, debit card, net banking, or UPI ID
Frequently asked question
The calculation of the housing society's maintenance bill typically involves several factors. These may include:
Common area expenses: Costs associated with maintaining shared spaces like corridors, lobbies, and elevators.
Utilities: Charges for common utilities such as water, electricity, and sanitation services.
Staff salaries: Salaries for maintenance staff and security personnel, if applicable.
Repairs and maintenance: Funds allocated for regular upkeep and repairs of common infrastructure.
Insurance premiums: Payments for insuring the society's common areas and structures.
Administrative expenses: Costs related to administrative functions, including paperwork, meetings, and legal expenses.
Contingency fund: A reserve for unforeseen expenses or major repairs.
The total sum is then divided among the residents based on predefined criteria, often determined by the area of individual units or a predetermined fixed charge per household.
Picking the BBPS platform on Bajaj Finserv to pay your housing society maintenance charges is like choosing the smoothest and easiest way to get things done. The platform's focus is on simplifying your life, eliminating any complex procedures and replacing them with a straightforward and user-friendly process. With the BBPS platform on Bajaj Finserv, you are not just paying bills; you are embracing a convenient and uncomplicated way to manage your financial commitments. It is like having a reliable friend who takes care of the nitty-gritty.
Paying flat maintenance charges when your flat is vacant depends on the policies set by the housing society. In many cases, flat maintenance charges are applicable regardless of occupancy, as they contribute to overall upkeep, security, and common area maintenance. However, it is advisable to check the specific rules of your housing society. Some societies may offer certain exemptions or reduced charges for temporarily vacant flats. Engaging with the managing committee or checking the society's bye-laws can provide clarity on whether full maintenance charges apply when your flat is empty.
Yes, Bajaj Finserv also provides other recharge services such as:
Yes, Bajaj Finserv also provides other bill payment services such as:
- Postpaid bill payment
- Broadband bill payment
- Education fee payment
- Landline bill payment
- Loan repayment
- Electricity bill - UPPCL, NBPDCL, TNEB, and more
You are obliged to pay the maintenance bill of society as its member. If you fail to pay maintenance bills, the housing society may initially persuade you to clear the dues. However, if you keep on defaulting, the housing society may take legal action according to the laws in that particular state.
Society maintenance bills vary from place to place, depending on the property size. You are usually expected to pay a minimum amount of about 0.75% of the property’s cost annually.
The housing society management committee or the committee manager needs to set up and generate maintenance bills. This can be done by using a housing society maintenance billing software.
Yes, you can pay the housing society maintenance bill online using the BBPS platform on Bajaj Finserv.
You can recharge your prepaid meter online using the BBPS platform on Bajaj Finserv by following these steps:
- Head over to the BBPS platform on Bajaj Finserv, login page
- Enter your name as mentioned on your PAN card
- Enter your 10-digit mobile number
- Click on 'GENERATE OTP'
- Fill in the OTP sent to your mobile number and click on 'SUBMIT OTP'
- Under the ‘UTILITIES AND BILLS’ section, choose the ‘ELECTRICITY’ icon
- Choose your electricity board from the drop-down menu
- Enter your consumer number and click on 'PROCEED'
- Pay using your credit card, debit card, net banking, or UPI ID
