onDemand Payit Service Fee Charges

Service FeeLate Payment Fee

One-time fixed service fee collected upfront for each new MoD based on amount chosen by customer:

  • ê 15 plus VAT, if your Payit Loan is ê 300 or less.
  • ê 20plus VAT, if your Payit Loan is between ê 301-600.
  • ê 42 plus VAT, if your Payit Loan is between ê 601-1,000.
  • ê 85plus VAT, if your Payit Loan is between ê 1,001-1,500.
  • ê 110 plus VAT, if your Payit Loan is between ê 1,501-2,000.
  • ê 140 plus VAT, if your Payit Loan is between ê 2,001-2,500.
  • ê 170 plus VAT, if your Payit Loan is between ê 2,501-3,000.
  • ê 200 plus VAT, if your Payit Loan is between ê 3,001-3,500.
  • ê 230 plus VAT, if your Payit Loan is between ê 3,501-4,000;

One-time fixed late payment fee applied If repayment is not received by the due date.

The late payment fee will depend on your payit MoD loan amount.

  • ê 10 plus VAT, if your PayitLoan a is ê  300
  • ê 10 plus VAT, if your PayitLoan is between ê 301-600.
  • ê 12 plus VAT, if your PayitLoan is between ê 601-1,000.
  • ê 12 plus VAT, if your PayitLoan is between ê 1,001-1,500.
  • ê 25 plus VAT, if your PayitLoan is between ê 1,501-2,000.
  • ê 35 plus VAT, if your PayitLoan is between ê 2,001-2,500.
  • ê 45 plus VAT, if your PayitLoan is between ê 2,501-3,000.
  • ê 55 plus VAT, if your PayitLoan is between ê 3,001-3,500.
  • ê 55 plus VAT, if your Payit Loan is between ê 3,501-4,000.
* Fees are subject to change, and customers will be notified accordingly