JazzCash Schedule of Charges: Detailed Breakdown (July – September 2023)

Last Updated: Nov 7, 2023 by

Navigating the intricate world of financial services can often seem like a daunting task. For those who rely on JazzCash for their monetary transactions, having a clear understanding of the JazzCash fee structure is of paramount importance. This guide aims to shed light on the JazzCash charges, ensuring users are well-informed and can make the most of their JazzCash accounts for the period of July to September 2023.

JazzCash Consumer Account Charges: Seamless Access and Transparent Fees

JazzCash has revolutionized the way we handle money, offering a plethora of services that cater to a wide range of financial needs. All these services are conveniently accessible through two primary channels: the user-friendly JazzCash Mobile App and the USSD string *786#. The latter is a special feature tailored exclusively for Jazz users, emphasizing the brand’s commitment to providing specialized services for its dedicated customer base.

When discussing the JazzCash rate for various transactions, it’s noteworthy that while many services are free, some come with minimal charges. These charges are designed to be transparent, ensuring users always know what they’re paying for. Whether you’re checking your balance, transferring money, or availing of any other service, understanding the JazzCash charges associated with each transaction can help you manage your finances more effectively.

1. General Services

Product/Service Charges
Account in-activity fee (For 12 months of inactivity) Rs. 100/month
Mini Statement No Charges
Asaan Digital Account Rs. 100
Balance Check via USSD Rs. 0.5
USSD Platform Fee per Transaction Rs. 1
In-App BVS Pricing Rs. 100 + Tax
Cash-In Pricing Rs. 50 – 20,000: 0.5% of Amount + Tax; Rs. 20,001 and above: Rs. 100 + Tax

JazzCash Money Transfers

2. Jazzcash Money Transfer Charges

a. From Mobile Wallet to CNIC

Amount Range Charges
0 – 1,000 Rs. 55
1,001 – 2,500 Rs. 110
2,501 – 4,000 Rs. 160
4,001 – 6,000 Rs. 215
6,001 – 8,000 Rs. 270
8,001 – 10,000 Rs. 320
10,001 – 13,000 Rs. 375
13,001 – 16,000 Rs. 430
16,001 – 20,000 Rs. 500
20,001 – 25,000 Rs. 650

b. Cash Out from Mobile Wallet

Amount Range Charges
1-200 Rs. 7
201-500 Rs. 12
501-1,000 Rs. 20
1,001-2,500 Rs. 40
2,501-4,000 Rs. 70
4,001-6,000 Rs. 100
6,001-8,000 Rs. 130
8,001-10,000 Rs. 180
10,001-13,000 Rs. 230
13,001-16,000 Rs. 280
16,001-20,000 Rs. 330
20,001-25,000 Rs. 380
25,001-30,000 Rs. 470
30,001-40,000 Rs. 560
40,001-50,000 Rs. 690

c. JazzCash ATM Cash Withdrawl Charges

Amount Range Charges
500 – 2,500 Rs. 25
3,000 – 5,000 Rs. 50
5,500 – 10,000 Rs. 100
10,000 – 20,000 Rs. 150
>20,000 Rs. 200

d. Other Transaction Charges

Product/Service Charges
IBFT into Mobile Wallet No Charges
Wallet to Wallet Money Transfer Rs. 10 (for transactions over Rs. 100)
IBFT from Mobile Wallet Free up to PKR 25,000/month; thereafter, 0.1% + Tax of the amount or PKR 200 + Tax (whichever is lower)
1Link Transaction Processing Fee Rs. 1 for transactions below 25K; 0.02% for transactions between 25K & 200K; Rs. 40 for transactions over 200K
Deposit Via Debit Card 3% + Tax of Amount
Deposit Via Bank Account 1.2% + Tax of Amount

Notes:

  • Charges for money transfers from Wallet to Wallet remain inapplicable until further instructions from SBP regarding COVID-19.
  • IBFT charges from Mobile Wallet are subject to periodic instructions from SBP concerning COVID-19 or other special notifications.
  • All IBFT Mobile Wallet transaction fees are in accordance with the 1-link SOC and are inclusive of tax.

You may also like to read: How to Get JazzCash Free Minutes

3. Bill Payment Charges

Managing your bills is easier than ever with JazzCash. Here’s a breakdown of the charges associated with various bill payment services.

Product Charges
Postpaid Bill Payment No Charges
Prepaid Load No Charges
Other Operator Prepaid Load through Mobile Wallet No Charges
Internet Bill Payment No Charges
Utility Bill Payment Rs. 5.00 (Incl. Tax) for the first 3 bill payments in a month; Rs. 20.00 (Incl. Tax) after the 3rd bill payment in a month; Rs. 30.00 (Incl. Tax) after the 9th bill payment in a month. Charges are calculated per calendar month.

4. Debit/ATM Card-Related Charges

JazzCash offers a variety of card services to cater to your financial needs. Below is a detailed breakdown of the charges associated with each card service.

Product Charges
PayPak Debit Card Issuance (With customer name and delivery) Rs. 999
PayPak Debit Card Annual Fee Rs. 299
Re-carding Fee (Non EMV Card to PayPak Card) Rs. 250
Master Card Physical Card Issuance Fee Rs. 799
Master Card Physical Card Annual Fee (Effective from Jan’24) Rs. 99
Master Card Physical Card Replacement Fee Rs. 599
Master Card Virtual Card Issuance Fee Rs. 300
Master Card Virtual Card Annual Fee No Charges

JazzCash Debit Card ATM Charges

5. Insurance and Savings Charges

Financial security and savings are paramount. JazzCash offers a range of insurance and savings products to help users secure their future. Here’s a detailed breakdown of the charges for these services.

Product Charges
Sehat Sahulat Annual Rs. 999
Sehat Sahulat Monthly Rs. 83
Beema Annual Rs. 300
Family Tahafuz Annual Rs. 1999
Family Tahafuz Monthly Rs. 165
Family Tahafuz Premium Annual Rs. 4499
Family Tahafuz Premium Monthly Rs. 370
Mahfooz Mustaqbil Rs. 549
Income Protection Plan Annual Rs. 1500
Income Protection Plan Monthly Rs. 124
Bachat Account Interest will be paid on applicable rates
Term Takaful Rs. 1600
Dost Muhafiz Rs. 1160
Dost Mufahiz Women Health Rs. 2320
Motorway Insurance Rs. 140

6. Miscellaneous JazzCash Charges

JazzCash also offers a variety of other services to cater to the diverse needs of its users. Here’s a quick look at the charges associated with these additional services.

Product Charges
ReadyCash Weekly fee based on applicable rates
Donations No Charges

7. OTC (Over-The-Counter) Services Charges

JazzCash’s OTC services provide users with a convenient way to manage their financial transactions without the need for a mobile account. Here’s a comprehensive breakdown of the charges associated with OTC services.

Product Charges
Cash Out From CNIC No Charges
Money Transfer from CNIC to Mobile Wallet No Charges
Utility Bill Payment No Charges
Postpaid Bill Payment No Charges
Donations No Charges

IBFT Outgoing from OTC/CNIC

For those who utilize Inter Bank Fund Transfer (IBFT) services via OTC or CNIC, the following charges apply:

Amount Range Charges
0 – 1,000 Rs. 35
1,001 – 2,500 Rs. 50
2,501 – 4,000 Rs. 65
4,001 – 6,000 Rs. 80
6,001 – 8,000 Rs. 90
8,001 – 10,000 Rs. 105
10,001 – 13,000 Rs. 120
13,001 – 15,000 Rs. 130
15,001 – 20,000 Rs. 165
20,001 – 25,000 Rs. 200
25,501 – 30,000 Rs. 250
3,0001 – 40,000 Rs. 325
40,001 – 50,000 Rs. 400

Note: All charges mentioned for IBFT are inclusive of 1-Link charges.

JazzCash users can make informed decisions about their financial transactions and services with this comprehensive breakdown. Always stay updated with the official JazzCash platform for the most recent information.


Charges for JazzCash Business Account Services

For businesses, JazzCash offers a specialized account with a range of services tailored to meet the unique financial needs of enterprises. Here’s a detailed breakdown of the charges and services associated with the JazzCash Business Account.

JAZZCASH Business Account Charges

1. General Mobile Account Services

For the day-to-day operations, JazzCash Business Account provides a variety of general services. Here’s what you can expect:

Product Charges
Account Registration No Charges
Account Maintenance No Charges
SMS Alerts for Every Transaction No Charges
MPIN Creation No Charges
MPIN Change No Charges
Access to Mobile Account No Charges
Balance Enquiry No Charges
Mini Statement via Mobile App/Online No Charges
Email Statement via Mobile App/Online No Charges
Balance Enquiry via 1-Link/M-NET ATM Rs 3.13

2. Money Transfer Services

Transferring money is a crucial aspect of any business. JazzCash Business Account ensures smooth and cost-effective transfers:

Product Charges
Send Money To Another JazzCash Mobile Wallet No Charges
Receive Money from CNIC (CNIC to Business Account Transfer) No Charges
Send Money to Any Bank Account Free up to Rs. 50,000 per month; subsequent transactions charged at 0.1% or Rs. 200, whichever is less
Receive International Remittance No Charges
IBFT from Mobile Wallet Free up to an aggregate sending amount of PKR 25,000 per month; subsequent transactions charged at 0.1% + Tax of the amount or PKR 200 + Tax (whichever is lower)
Transaction Processing Fee Rs. 1 per transaction on all transactions below 25K; 0.02% of transaction amount on transactions between 25K & 200K; Rs. 40 on transactions greater than 200K (charges are inclusive of tax)
Deposit Via Debit Card 3% + Tax of Amount Charged

Notes:

  • IBFT charges from Mobile Wallet are subject to change based on time-to-time instructions from SBP, especially in light of events like COVID-19 or other special notifications.
  • IBFT charges from Mobile Wallet are periodically updated as per SBP’s instructions.
  • All IBFT Mobile Wallet transactions will have a processing fee as per the 1-link SOC.

3. Bill Payment Services

Managing bills is a breeze with JazzCash Business Account. Here’s a breakdown of the charges associated with bill payments:

Product Charges
Mobile Top-Up for any operator No Charges
Utility Bill Payment Rs. 5.00 (Incl. Tax) per bill for the first 3 bill payments in a month. Rs. 20.00 (Incl. Tax) after the 3rd bill and Rs. 30.00 (Incl. Tax) after the 9th bill in a month. Charges are calculated per calendar month.

4. Debit/ATM Card Services

For businesses that rely on card transactions, JazzCash offers a range of card services:

Product Charges
MasterCard Debit Card Issuance fee for Merchants Rs. 1
PayPak Debit Card Issuance fee for Merchant Rs. 899
PayPak Debit Card Annual Fee Rs. 299
Debit Card PIN Creation / Change No Charges

OTC (Over-The-Counter) Services

JazzCash’s OTC services provide businesses with a convenient way to manage their financial transactions:

1. Cash Deposit into Business Account

Products/Services Total FEE (Incl. FED)
Cash Deposit into Business Account 50 – 20,000 @ 0.50% +FED; 20,001 & Above PKR 100 + FED

2. Payment Acceptance Service Charges on Business Account

Use-case Total FEE (Incl. FED)
Standard MDR on receiving QR/Till Payments 1%
Standard MDR on In-coming IBFT 2%
Standard MDR on receiving Funds from JazzCash Account 2%

3. Payment Acceptance Services via Online Payments Gateway

Use-case Total FEE (Incl. FED)
Cash Withdrawal from Business Account through ATM via 1Link No Fee up to Rs. 50,000; then Rs. 23.44 per withdrawal

4. Cash Withdrawal from Business Account through JazzCash Agent

Amount Range Charges
1-200 Rs. 7
201-500 Rs. 12
501-1,000 Rs. 20
1,001-2,500 Rs. 40
2,501-4,000 Rs. 70
4,001-6,000 Rs. 100
6,001-8,000 Rs. 130
8,001-10,000 Rs. 180
10,001-13,000 Rs. 230
13,001-16,000 Rs. 280
16,001-20,000 Rs. 330
20,001-25,000 Rs. 380
25,001-30,000 Rs. 470
30,001-40,000 Rs. 560
40,001-50,000 Rs. 690

5. Other Services

For other miscellaneous services, here’s what JazzCash Business Account offers:

Product Charges
Instant Loans for Merchants Daily Fee of 1% charged up to 28 days

Notes:

  • Cash can only be withdrawn in multiples of 500 at ATM(s).
  • Cash withdrawal charges will be deducted from your Mobile Wallet. No need to pay the charge in cash to the Agent.
  • Transaction limits apply.
  • All fees/charges are inclusive of FED.
  • ATM Cash Withdrawal charges are not applicable to corporate customers.
  • Freelancers are allowed 2 free ATM withdrawals in a month when they receive remittance.

With this comprehensive guide, businesses can effectively utilize the JazzCash Business Account for their financial needs. Always refer to the official JazzCash platform for the most recent updates and information.


Explore More JazzCash Guides and Tips

While understanding the costs associated with JazzCash, you might also want to apply for a JazzCash Debit Card for seamless transactions. Regularly check your JazzCash balance to monitor your spending. If you need to move your funds, here’s how to transfer money to EasyPaisa. For account management, you can change your JazzCash account number or even delete your JazzCash account if you feel it’s the right decision.


FAQs

Are there any charges for using the JazzCash Mobile App?

Most of the services on the JazzCash Mobile App are free. However, specific transactions might have associated charges. It's recommended to refer to the detailed schedule of charges for precise information.

How much do I get charged for a balance enquiry?

For the JazzCash Business Account, there are no charges for balance enquiries made through the mobile app. However, balance enquiries via 1-Link/M-NET ATM are charged at Rs 3.13.

Is there a fee for transferring money from a JazzCash Business Account to another bank account?

Transfers to any bank account are free up to Rs. 50,000 per month. Subsequent transactions might have charges based on the amount.

Are there any charges for receiving international remittances in my JazzCash Business Account?

No, receiving international remittances in your JazzCash Business Account is free of charge.

What are the charges for cash withdrawal from a Business Account through a JazzCash Agent?

The charges vary based on the withdrawal amount. For instance, for amounts between 1-200, the charge is Rs. 7. It's best to refer to the detailed schedule of charges for specific amounts.

Are there any fees for the issuance of debit cards for merchants?

Yes, the issuance fee for a MasterCard Debit Card for merchants is Rs. 1, while for a PayPak Debit Card, it's Rs. 899.

Is there a fee associated with the Instant Loans for Merchants service?

Yes, there's a daily fee of 1% charged up to 28 days for the Instant Loans for Merchants service.

Are the charges mentioned in the article fixed?

No, charges are subject to change without prior notice. Always refer to the official JazzCash platform for the most recent and accurate information.


Conclusion

JazzCash, with its diverse range of services, has emerged as a leading financial solution for individuals and businesses alike. For consumers, it offers a seamless and user-friendly experience, making everyday transactions a breeze. From checking balances to transferring money, JazzCash ensures that every financial need is just a tap away. On the business front, JazzCash provides a robust platform tailored to cater to the dynamic needs of today’s businesses. Its transparent fee structure, combined with a plethora of services, makes it an indispensable tool for businesses of all sizes. Whether you’re an individual looking to manage your daily expenses, a merchant aiming to streamline transactions, or a business seeking efficient financial solutions, JazzCash stands as a beacon of reliability and transparency in the world of digital finance.

Disclaimer

While we’ve made every effort to ensure the accuracy of the information presented in this guide, it’s essential to note that JazzCash charges, rates, and fees are subject to change without any prior notice. For the most recent and detailed information on JazzCash fee structures and other related services, we strongly recommend referring to the official JazzCash platform. Making informed financial decisions is crucial, and it’s always best to consult the primary source before taking any action.

Hamza Sarfraz

About the Author: Hamza Sarfraz

Hamza Sarfraz is an experienced SEO and digital marketing expert from Pakistan with over 5 years in the field. He specializes in technology and mobile phones and is great at turning complex ideas into easy-to-understand stories. With strong SEO skills, Hamza consistently creates content that connects with readers and helps businesses grow. Connect with him on LinkedIn.

1 Reply to “JazzCash Schedule of Charges: Detailed Breakdown (July – September 2023)”

  • User Avatar
    Ameer Hamza

    Please

Leave a Reply

Your email address will not be published. Required fields are marked *