No there is no processing fee.
Related Question
What is Freecharge Pay Later?
Will I be charged Interest?
Is there any restriction on usage of Freecharge Pay Later?
What is the maximum amount which can be provided as Freecharge Pay Later balance...
What is the billing cycle for Freecharge Pay Later?
Why was my Freecharge Pay Later application rejected?
Can anyone apply for Freecharge Pay Later?
I am an existing customer of Axis Bank but I am not able to apply for Freecharge...
When is my Freecharge Pay Later repayment due?
How can I repay the Freecharge Pay Later dues?
Is there any Processing Fee?
No there is no processing fee.