Pricing
Pricing Policy
One fee, a percentage of the bill, shown in rupees before you confirm. No subscription, no setup cost, nothing added afterwards. This page shows the rates and the arithmetic behind them.
01How pricing works
You pay one thing: a service fee, charged as a percentage of the bill being settled. It is shown to you in rupees, next to the bill amount and the total, before you confirm anything. There is no second fee later.
- No subscription. No setup fee. No annual fee.
- No minimum volume and no inactivity charge.
- No separate charge for registering a payee, uploading a document, or scheduling a recurring bill.
- No charge for a settlement that fails — the fee comes back with the bill amount.
02Standard rates
| Category | What it covers | Fee |
|---|---|---|
| Fees | School, college and university fees; coaching; hostel charges | 0.95% |
| Rent | Residential and commercial rent against a registered agreement | 1.25% |
| Deposits | Security deposits and advances under an agreement | 1.35% |
| Vendor invoices | Supplier, contractor, freight and professional invoices | 1.45% |
| Payroll | Salary and contractor payouts against a register | 1.60% |
Rates are exclusive of GST and apply to Visa, Mastercard and RuPay. American Express and Diners Club carry a surcharge of 0.15% to 0.30% depending on category, shown on the confirmation screen before you pay.
03GST
Goods and Services Tax is charged on the service fee at the prevailing rate, currently 18%. It is not charged on the bill amount itself, which is a payment to your payee and not a supply by Veduka to you.
A tax invoice is issued for every fee, under GSTIN 33ABBFV3465E1ZC, and is available in your account within 24 hours of the settlement.
04A worked example
A rent bill of ₹1,85,000, settled on a Visa card:
| Line | Basis | Amount |
|---|---|---|
| Bill amount paid to your landlord | — | ₹1,85,000 |
| Service fee | 1.25% of the bill | ₹2,313 |
| GST on the fee | 18% of ₹2,313 | ₹416 |
| Total charged to your card | — | ₹1,87,729 |
The calculator on the home page shows the fee alongside the reward value your card earns and the interest‑free days you gain. It is indicative: your reward rate is set by your issuer, not by us.
05What your card issuer may charge
These are not Veduka charges and we receive no part of them. They come from your agreement with your issuer:
- interest, if you do not clear your statement in full by the due date;
- late payment fees and over‑limit charges;
- any charge your issuer applies to a particular merchant category.
The interest‑free float that makes this worth doing only exists if you pay your statement in full. If you revolve the balance, issuer interest will exceed our fee quickly.
06Volume and custom pricing
Businesses settling more than ₹10 lakh a month are priced individually, generally below the standard card. A dedicated settlement desk, bulk invoice upload, API access and a named reconciliation contact are included at that level rather than sold separately.
Bills above ₹10 lakh are routed through the high‑value desk with an additional document check. There is no extra fee for that check.
Write to contact@vedukainvestments.com with your monthly volume and the categories you settle.
07Limits
Per‑bill and monthly limits are set at onboarding based on your KYC tier and reviewed on request. Your card issuer's available limit is always the practical ceiling — Veduka cannot settle more than your issuer authorises.
08Changes to pricing
We may revise these rates. Existing customers are given at least thirty days' notice by email before a change applies to them, and scheduled recurring bills already set up will run at the old rate for one further cycle.
The fee shown on the confirmation screen at the moment you approve a bill is the fee you pay, regardless of what this page says afterwards.