Established in 1990 in Nagpur, Maharashtra, Berar Finance Limited has grown into one of Central and Western India's most prominent non-banking financial companies (NBFCs). With a strong presence spanning Maharashtra, Madhya Pradesh, Gujarat, Telangana, and Chhattisgarh, Berar Finance has financed thousands of two-wheelers, pre-owned passenger vehicles, and rural enterprises.

While automated bank debits (NACH) remain the default repayment method for most borrowers, unforeseen banking delays, temporary liquidity gaps, or salary shifts can lead to a missed auto-debit.

Rather than letting overdue penalties accumulate, you can take control of your loan repayment schedule using Bajaj Pay (accessible via the Bajaj Finance App and web portal).

Backed by Bharat Connect (the NPCI-governed bill clearing network, formerly BBPS), Bajaj Pay connects directly to Berar Finance’s core lending servers. This gives borrowers a transparent, real-time window into their active installments, instant payment vouchers, and zero-surcharge transactions.

Supported Berar Finance loan categories on Bharat Connect

You can service installments across Berar Finance’s entire lending catalog on Bajaj Pay:

• Two-Wheeler Loans (Motorcycles & Scooters): Monthly EMIs for commuter and premium bikes.
• Used Car & Light Commercial Vehicle (LCV) Loans: Installments for pre-owned passenger cars and transport assets.
• Personal & Demand Loans: Unsecured personal borrowing and seasonal credit lines.
• Agricultural & Refinance Facilities: Vehicle refinance and equipment financing installments.

Where to locate your Berar Loan Account Number (LAN)

To pull your billing demand through Bharat Connect, you must enter your unique Loan Account Number (LAN):

• Physical Loan Agreement / Sanction Letter: Printed prominently in the welcome documentation handed over at your vehicle dealership or Berar branch.
• Monthly SMS / WhatsApp Reminders: Berar Finance sends automated alerts a few days before your due date that contain your unique LAN and installment total.
• Bank Passbook Narration: Look at previous auto-debit statements on your banking app; the narration typically reads ACH-BERARFIN-[LAN].
• Helpline Assistance: Call Berar Finance’s central customer desk at +91 712-666 3999 with your registered mobile number and vehicle registration details to retrieve your account number.




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The payment interface on Bajaj Pay is designed for speed, taking less than two minutes across both mobile and desktop screens:

1. Open the Platform: Launch the Bajaj Finance App or visit the Bajaj Finance website in your browser.
2. Locate Loan Payments: Under the Bills and Recharges dashboard, select Loan Repayment.
3. Select Biller: Type Berar Finance Limited into the lender directory and click to proceed.
4. Enter Loan Details: Type in your Loan Account Number (LAN) accurately and tap Fetch Bill.
5. Review Billed Statement: Bharat Connect queries Berar Finance’s servers to display your registered name, monthly installment due, and any accrued overdue charges.
6. Pick Your Payment Rail:
   • Best Choice: Choose Bajaj Pay UPI or Bajaj Pay Wallet to maintain 0% convenience fees.
   • Alternatively, select Debit Card or Net Banking.
7. Redeem Rewards: Apply any eligible promotional voucher or convert your Bajaj Coins into an instant payment discount.
8. Authorize & Store Voucher: Enter your UPI PIN or banking credentials. Once settled, an official Bharat Connect Transaction Receipt with an encrypted reference number will appear on your screen.

Fees and charges

Gateway convenience fees can add hidden costs to large financial transactions. Here is how payment rails compare on the platform:

Smart Borrower Rule: Credit cards are generally restricted or heavily surcharged for debt repayments under RBI guidelines. By paying through Bajaj Pay UPI, every rupee you pay goes directly toward clearing your Berar Finance loan balance—without paying unnecessary gateway surcharges.