Doing anything on time comes with a set of perks. Whether it is reaching for an interview on or before time, being on time for meeting your friends, timely submissions of your projects or even timely bill payment. So if you’re wondering why you should make your BSES bill payment on time, let’s give you some reasons to do so.
Additional Discounts Or Savings
Some of you might not know about this, but most electricity distributors such as the BSES offers a certain amount of discount on the actual bill if your BSES bill is paid within a few days of receiving the bill. There’s a certain date written on your bill, and if you make your BSES bill payment before that date, you may get a discount of ₹10, ₹20, or even more. The amount of discount solely depends on your distributor, so check your BSES bill before paying.
No Additional Charges
While paying on time has its perks, not doing so also has some poor consequences as well. One of those being the additional charges you’ll be required to pay if you don’t settle your bills on time and miss the due date. So you not only lose on the discount but are also forced to pay additional charges in the form of late payment fees. To avoid those, pay your BSES bill on time.
No More Penalties
If you don’t pay your BSES bill on time, you still have a chance to pay it the same month. However, if you completely miss out on making payments despite the grace period given, you’re then required to pay a penalty that will be added by BSES to your next bill. So, unless you don’t have any money at all, never miss out on due dates. In fact, pay them earlier than on time, to completely avoid such scenarios.
Uninterrupted Supply Of Power
One of the biggest reasons why you should make your BSES bill payment on time is so that you can enjoy an uninterrupted supply of power. Now, if you don’t pay your bills on time, or even miss out on paying your bill altogether for a month, the electricity board will wait for the next month’s payment along with the penalty. However, if this becomes a regular practicum then your power supply will soon be cut by the electricity board.
A Stable Credit Score
The moment you forget to pay your electricity bill and are imposed with a penalty, your credit score goes down. If that happens, then you won’t be able to receive the best offers on your future credit deals. It’ll also be tough for you to get a loan. So the best thing to do here is to pay your bills on time.
Lucrative Offers And Cashbacks
Making your BSES bill payment online and on time, gets you many discounts, cashbacks and brand offers. If you want to enjoy any of these, you need to pay your BSES bill on time. That way, you will also be rewarded for your timeliness.