About Asirvad Microfinance

Asirvad Microfinance Limited is a prominent microfinance institution based in India. With a focus on financial inclusion, the company provides microcredit and other financial services to low-income individuals, especially in rural and semi-urban areas.

The institution follows a customer-centric approach and employs innovative technologies to enhance operational efficiency and customer experience. Committed to responsible lending, Asirvad promotes social and economic development by facilitating access to credit for those who traditionally have limited access to formal financial services.

Features and benefits of Asirvad Microfinance loan payment on Bajaj Finserv

Bajaj Finserv offers multiple benefits for their users to pay Asirvad Microfinance loan via BBPS platform.

  • Quick and hassle-free

    Quick and hassle-free

    With Bajaj Finserv's BBPS platform, you can pay your Asirvad Microfinance loan quickly and effortlessly.

  • Safe and secure

    Safe and secure

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

  • Multiple payment options

    Multiple payment options

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

  • Instant confirmation

    Instant confirmation

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

How to make Asirvad Microfinance loan payment online

You can pay your Asirvad Microfinance loan through Bajaj Finserv BBPS platform easily in a few steps. The process is as follow

  1. 1 Download and install the Bajaj Finserv app
  2. 2 Register for the app by providing your details
  3. 3 On the home screen, select the ‘BILLS AND RECHARGES’ option
  4. 4 Select the 'LOAN REPAYMENT' category under ‘FINACIAL SERVICES AND TAXES’
  5. 5 Choose ‘ASIRVAD MICRO FINANCE LTD.’ as your provider
  6. 6 Enter the loan ID and click on ‘FETCH YOUR BILL’
  7. 7 Enter the due amount
  8. 8 Choose the payment option to pay the loan

You will receive the payment confirmation instantly once you make the payment.

Fees and charges

The following charges are applicable on mobile recharges and bill payments:

Payment Charges (Rs.)
Payment for bills and recharges Convenience fee up to 2% per transaction (inclusive of applicable taxes)*
Payment of rent using credit card as a payment mode 2% per transaction (inclusive of applicable taxes) *
Platform fee Up to Rs. 5/- for every payment

*Convenience fee is applicable on specific payment instrument and subject to revision from time to time.

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

Frequently asked questions

How to check my Asirvad Microfinance loan payment status?

Customer can check the status for the loan paid via Bajaj Finserv BBPS platform by following these 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
What are the available payment methods for Asirvad Microfinance loan repayment?

There are quite a few payment options that can be used for Asirvad Microfinance loan repayment. Some of these options are:

  • Online payment facility through the BBPS platform on the Bajaj Finserv website or app
  • Debit card payment
  • Net banking
  • UPI payments
  • Cash payment at Asirvad Microfinance branch