Hero FinCorp is a prominent Non-Banking Financial Company (NBFC) in India, recognised for its diverse range of financial solutions. With a strong focus on empowering individuals and businesses, Hero FinCorp offers a variety of loans and financial services, making it a trusted partner for achieving personal and professional financial goals.

You can make Hero FinCorp loan repayment online using the BBPS platform on Bajaj Finserv and enjoy unparalleled convenience and payment flexibility. You can also choose your preferred payment mode while making online payment. Utilising the online platform, you can make Hero FinCorp loan payments before the due date, as transactions are quick and instantaneous.

Bharat Bill Payment System (BBPS) is a payment method conceptualised and governed by the RBI to simplify online transactions. You will not have to worry about fraudulent activities if you pay Hero FinCorp loans through the BBPS facility.

Benefits of making Hero FinCorp loan repayment online on Bajaj Finserv


When making your Hero FinCorp loan payment online through the Bajaj Finserv BBPS platform, you can avail of the following benefits:

• Ease of payment
  You can complete the Hero FinCorp loan repayment online at any time from the comfort of your home and before the due date.
• Multiple payment methods
  BBPS allows you to use credit card, debit card, net banking, UPI, or Bajaj Pay Wallet to make transactions incredibly convenient.
• Safe and secure
  Bajaj Finserv provides a safe and secure payment platform. Your payment details are secure with the platform’s robust security measures.
• Instant billing receipts
  When you pay Hero FinCorp loan online, you will receive instant transaction IDs and billing receipts. It ensures better transparency and reliability.

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

Hero FinCorp: Late payment charges

Following are the late payment charges if the bill amount is not paid within due date:

• 2% per month: Calculated on the total outstanding amount (EMI amount + accumulated late payment charges) from the due date of the installment.
• Minimum penalty: Rs. 200: Even if the calculated charge falls below Rs. 200, you'll still be charged the minimum amount.

Follow these steps to repay your loan on the Bajaj Finserv app:

1. Download and install the Bajaj Finserv app from Google Play Store or App Store
2. Open the app on your mobile phone
3. To 'GENERATE OTP,' enter your 10-digit mobile phone number
4. Enter the OTP and click the 'PROCEED' button
5. Click on 'LOAN REPAYMENT' in the 'FINANCIAL SERVICES AND TAXES' section
6. Choose your provider from the drop-down menu
   
7. 'PROCEED' after entering your loan account number
8. Choose your preferred payment method and finish the transaction

Steps to make Hero FinCorp loan repayment on the Bajaj Finserv website

Here is how you can repay Hero FinCorp 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, 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.

Other online loan repayments across India

Apart from Hero FinCorp, Bajaj Finserv also allows you to pay for other online loan providers across India, such as  Manappuram Finance | IIFL | IDFC First Bank | Muthoot Finance | ICICI Bank | HDB Finance | Axis Bank | Mahindra Finance.