About Equitas Small Finance Bank

A well-known fintech business headquarters in India, Equitas Small Finance Bank Financing Pvt. Ltd. specialises in offering cutting-edge educational financing options. Equitas Small Finance Bank is a 2016 startup aims to make it easier for students to continue higher education by providing personalised and reasonable education loans. They provide faster loan approval process for students looking for financial aid.

Equitas Small Finance Bank offers a wide range of educational programs, including degree programs, skill development programs, and vocational courses, both in India and internationally. Equitas Small Finance Bank seeks to close the funding gap in education by emphasising the needs of the customer and upholding ethical business standards, giving students the tools they need to succeed academically and in their career objectives.

Features and benefits of Equitas Small Finance Bank loan payment on Bajaj Finserv

Bajaj Finserv offers multiple benefits to their users for paying their Equitas Small Finance Bank loan via the BBPS platform.

  • Quick and hassle-free

    Quick and hassle-free

    With Bajaj Finserv's BBPS platform, you can pay your Equitas Small Finance Bank 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 Equitas Small Finance Bank loan payment on Bajaj Finserv

You can pay your Equitas Small Finance Bank loan through the Bajaj Finserv BBPS platform easily in a few steps. The process is as follows:

  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 ‘EQUITAS SMALL FINANCE BANK – RETAIL LOAN’
  6. 6 Enter the loan number 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 Equitas Small Finance Bank 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 Equitas Small Finance Bank loan repayment?

There are quite a few payment options that can be used for Equitas Small Finance Bank 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 Equitas Small Finance Bank branch