Bajaj Finance offers a high-value used car loan that helps you to fund your desired car with ease. With Bajaj Finserv Used Car Loan, you can also benefit from quick disbursal and an easy online application process.
In addition to these attractive features, Bajaj Finance also provides a host of digital services that help you manage your ongoing used car loan. Our feature-rich customer portal – My Account, provides you with a host of self-service options. These include loan payments, document downloads and more.
If you’ve borrowed a used car loan, you can repay it in small monthly instalments over a fixed period of time. However, Bajaj Finance offers you the facility to pay your monthly instalments before its due date. This facility is called advance EMI payment. It comes in handy if you have a fear of missing out on your EMI due date.
Suppose Ravi has borrowed a used car loan and his EMI is due on February 2. However, he has additional funds and wishes to pay his EMI on January 15. He can use the advance EMI payment option to pay his monthly instalments.
You can use our online loan payment services by visiting our customer portal – My Account and pay an EMI in advance.
Here’s the step-by-step guide to making advance EMI payment.
- Click on the ‘Sign-in’ button on this page to go to our customer portal – My Account.
- Enter your registered mobile number and the OTP to sign-in.
- Verify your details using your date of birth and proceed.
- Select the loan account for which you want to make an advance EMI payment.
- Choose ‘Advance EMI’ from the list of options and proceed.
- Enter the required details and proceed to make the payment using our secure gateway.
You can also download our app from the Play Store or the App Store and pay your advance EMIs easily.
If you’ve opted for our Flexi Loan facility, you can pay only one EMI in advance. However, Term Loan customers can pay up to five EMIs in advance. With the advance EMI payment, you can avoid overdue instalments, which eventually help in maintaining a good CIBIL Score.
