About Axis Bank Limited - Retail Loan Repayment
Axis Bank is one of India’s leading private sector banks, renowned for providing a wide range of financial products and services to customers. Among these products is the Axis Bank Limited - Retail Loan, an offering that has helped numerous individuals and businesses achieve their ambitions through viable financial solutions.
Axis Bank’s Retail Loan offerings comprise personal loans, home loans, car loans, education loans, loan against property, and gold loans. Each of these loans is tailored to meet the specific needs of customers in various walks of life.
When taking a retail loan, the next step is to ensure timely payment of EMIs (Equated Monthly Instalments). The BBPS platform on Bajaj Finserv offers a quick, secure, and hassle-free experience to pay bills, loans, recharges, etc. You can pay for your loan using debit/credit cards, net banking, UPI, or e-wallets, completing the process within minutes. As soon as the payment is made, you'll receive bill receipts for your convenience.
Features and benefits of Aavas Financiers loan repayment on Bajaj Finserv
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Quick and hassle-free
You can easily and quickly pay Axis Bank Limited - Retail Loan using the BBPS platform on Bajaj Finserv.
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Safe and secure
Bajaj Finserv provides a safe and secure payment platform on BBPS (Bharat Bill Payment System). Your payment details are secure with the platform’s robust security measures.
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Multiple payment options
Bajaj Finserv offers multiple payment options, including debit cards, credit cards, net banking, and UPI. This allows you to choose the payment method that suits you best.
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Instant confirmation
After making the payment, the platform immediately confirms the payment through an email and SMS.
The BBPS platform on the Bajaj Finserv is a one-stop platform for all your bill payment needs.
Step-by-step guide to making Axis Bank Limited - Retail Loan repayment on Bajaj Finserv
- 1 Click on 'DOWNLOAD APP' to open the Google Play Store
- 2 Login through the email ID registered with your mobile
- 3 Click on ‘INSTALL’
- 4 Open the app on your mobile phone
- 5 To 'GENERATE OTP,' enter your 10-digit mobile phone number
- 6 Enter the OTP and click the 'PROCEED' button
- 7 Click on 'LOAN REPAYMENT' in the 'FINANCIAL SERVICES AND TAXES' section
- 8 Click on ‘PROCEED' after entering your loan account number
- 9 Enter your registered mobile number and click on 'PROCEED'
- 10 Choose your preferred payment method and finish the transaction
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 instruments and subject to revision from time to time
Note - For failed transactions, the total amount including charges except taxes are reversed
Frequently asked questions
You can pay your Axis Bank Limited - Retail Loan EMI using various payment options such as internet banking, credit or debit cards, UPI, or mobile wallet.
You can pay various loans, including personal loans, home loans, car loans, education loans, loan against property, and gold loans, using the BBPS platform on Bajaj Finserv.
You can check your loan payment status by logging into the BBPS platform on Bajaj Finserv. You can also contact the customer care representative of Axis Bank Limited - Retail Loan, to inquire about your loan payment status.
Conclusion
In conclusion, Axis Bank Limited - Retail Loan repayment using the Bajaj Finserv BBPS platform is a fast, secure, and convenient way to keep your loan account up to date. With online payment options, timely reminders, and many other features, customers can save time and avoid the hassle of standing in long queues or waiting on hold to talk to a customer service representative.
