Founded in 1994, Annapurna Finance is a non-banking financial institution. This finance company has helped Indian businesses thrive by offering affordable financial solutions to the general public. Micro, small, and medium-sized businesses or MSME loans is one of the loans that Annapurna Finance provides. The company has made a number of online payment options available in order to make it simpler for borrowers to repay their Annapurna Finance MSME loans.

You now have the convenience of making payments anytime from anywhere and without the stress of filling out lengthy documents thanks to the BBPS platform on Bajaj Finserv. The platform is simple to use and very welcoming to users and offers quick and hassle-free payment solutions to customers.

The Reserve Bank of India (RBI) introduced the concept of BBPS, intending to streamline digital payments. You can instantly make your loan payments through the Bajaj Finserv BBPS platform.

Pay bank loans by other lenders

Apart from Annapurna Finance loan repayment, you can pay EMI for other loan providers across India, such as Manappuram Finance | IDFC First Bank | Hero Fincorp | Muthoot Finance | ICICI Bank | HDB Finance | Axis Bank | Mahindra Finance | IIFL Finance.

Benefits of making Annapurna Finance loan repayment using the Bajaj Finserv BBPS platform

Some of the benefits of making Annapurna Finance loan repayment on the Bajaj Finserv BBPS platform include:

Quick and hassle-free

With the BBPS platform on Bajaj Finserv, you can repay your Annapurna Finance loan quickly and effortlessly.

Safe and secure

The Bajaj Finserv BBPS is a safe and secure payment platform. Your payment details are secure with the platform’s robust security measures.

Multiple payment options

Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, e-wallet, and UPI. This allows you to choose the payment method that suits you best.

Instant confirmation

After making the payment, the platform immediately confirms the payment through an email and SMS.

Fees and charges

A convenience fee of up to 2% will be charged depending on the transaction amount and payment mode (inclusive of applicable taxes). For more information on fees and charges, click here.

Note: For failed transactions, the total amount including charges except taxes are reversed.

How check loan payment status

Once you have made the payment for your Annapurna Finance loan, you can check the status of your loan payment online by following the below steps:

1. Log in to the Bajaj Finserv app
2. Click on the three lines in the top left corner to open the menu
3. Tap on ‘MY ORDERS’
4. Select the payment for which you wish to see the status

Making Annapurna Finance loan repayment on the Bajaj Finserv app is a very easy process. Follow these simple steps to make your payment online:

1. Download and install the Bajaj Finserv app from Google Play Store or App Store
2. Login with your credentials
3. Go to ‘BILLS AND RECHARGES'
4. Select ‘LOAN REPAYMENT' under the ‘FINANCIAL SERVICES AND TAXES’ section
5. Select ‘ANNAPURNA FINANCE’ as the issuing bank and enter your Loan Agreement Number
6. Enter the loan amount and select the preferred payment mode
7. Make the payment to repay your loan

Once you have completed the payment, you will receive an e-receipt, which you can keep for future reference.

Steps to make Annapurna Finance loan repayment on the Bajaj Finserv website

Here is how you can repay Annapurna Finance loan online on the Bajaj Finserv website:

1. Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/
2. Go to the ‘BILLS AND RECHARGES’ under the ‘PAYMENTS’ section
3. Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LOAN REPAYMENT’
4. Choose your biller from the drop-down
5. Enter your loan account number and click on ‘FETCH YOUR BILL’
6. Select a payment method from the list of available payment options such as credit cards, debit cards, UPI, e-wallet, and net banking
7. After choosing your preferred payment mode, enter the requested payment details
8. Check the details you entered and click on 'PAY NOW’

You will receive a notification from Bajaj Finserv after successful payment.