(I'll give ₹100 Amazon e-Gift Voucher to those who complete their first transaction of ₹5000 or more on BharatNXT till 20th May, using my refferal code "AMMKCR8" is necessary)
A Comprehensive Guide on BharatNXT: An App for Rent, Bank Transfer, Utilities, Vendor & GST Payments at LOWEST FEES
Pointwise topics for easy navigation:-
- Benefits of using BharatNXT
- Offers by BharatNXT
- Convenience/Service Fees
- Cashback provided by Cards
- Signup & Refferal Benefits
1. Benefits:
BharatNXT has some advantages over other payment apps in the market. Here they are:
- BharatNXT currently provides service for Rent, Utility, Maintenance, Vendor, GST, Bank Transfer & UPI(Coming Soon).
- If you're looking for rent payment at lowest fees then BharatNXT is for you because, any transaction done on BharatNXT will be considered as 'Utility' & hence bank will not charge you any processing fees or other charges that are charged for rent payments. Means you can do rent payment and earn cashback also.
- You can also use BharatNXT to complete milestone & for spend based annual fee waiver on Personal as well as Business CC and can earn Cashback too.
2. Offers:
Four offers provided by BharatNXT, from the month of Feb till now are already expired, still if you want, you can see them here.
Active Offers:
BharatNXT Stamp-a- thon Offer!
https://www.technofino.in/community/threads/bharatnxt-best-app-for-rent-payment-with-credit-card-1-09-charges-while-offer-is-running.7551/post-136899 Can we pay Pnb and kotak bill via bharatnxt? Yes, you can, check above post for IFSC
www.technofino.in
Install from here & use my BharatNXT refferal code to get 150 BNXT Cash**: AMMKCR8
3. Cashback provided by cards are as follows:
| Card | CB/RP (%) | Net Charges (%) |
|---|
| SBI Card ELITE Business | 3.75 | 0 |
| Axis Ace | 2 | 0 |
| Axis Flipkart/ HDFC Tata Neu Infinity | 1.5 | 0.09 |
| SBI Simply Click | 1.25 | 0.34 |
| Axis Magnus | 1.2 | 0.39 |
| Cashback SBI/ HDFC Tata Neu Plus | 1 | 0.59 |
| BOB Eterna | 0.375 | 1.23 |
4. Convenience Fee/ Service Fee (inc. GST):
BharatNXT charges a convenience fee to facilitate the transaction. The fee depends on the
type of settlement and
credit card you choose:
1. For Retail/Personal Credit Cards:-
- Quick Pay (Same day settlement)- 1.71% {Till 3rd March: 1.50%}
- Classic Pay (T+1 day settlement)- 1.59% {Till 3rd March: 1.30%; Till 28th March: 1.53%}
- Lightening Pay (Within 3 hrs)- 2.06% 🆕
- Utility & GST Bill payments (T+1 day settlement)- 1% {Till 30th Apr: 1.3%}
2. For Corporate/Business Credit Cards:-
- Quick Pay (Same day settlement)- 1.59% {Till 30th Apr: 1.77%}
- Classic Pay (T+1 day settlement)- 1.47% {Till 30th Apr: 1.77%}
- Lightening Pay (Within 3 hrs)- 1.95% 🆕 {Till 30th Apr: 2.95%}
- Utility & GST Bill payments (T+1 day settlement)- 1.3%
Note:
- BharatNxt Cash can be used for paying convenience fees applicable as above (Choosing Classic Pay as a type of settlement is must to use BNXT Cash)
- 1BharatNXT Cash = 1 INR
5. Refferal Benefits:
With my referral code {AMMKCR8}, you will get cashback (in form of BharatNXT Cash) of 150 BNXT Cash on 1st transaction.
Terms & Conditions:
You will receive a scratch card of 150 BNXT Cash when you do the first transaction greater than ₹5000. 150 BNXT Cash will be in the Rewards section in the form of Scratch Card. Scratch that & 150 BNXT Cash will be added in your wallet.
If you have any questions, feel free to ask. I would be happy to help.
Best regards,
@SiddharthR
