This guide details how to repay IDFC FIRST Bank loans via Bajaj Pay on Bajaj Finance with zero convenience fees, covering step-by-step payment flows, auto-debit rules, and key borrower tips.
IDFC First loan repayment online on Bajaj Finance
Managing multiple financial commitments can be challenging, but paying your loan EMIs on time shouldn't be. Missing an EMI payment not only attracts penalty charges and late fees but can also negatively impact your credit (CIBIL) score.
With the integration of Bharat Connect (formerly known as BBPS - Bharat Bill Payment System), managing loan repayments has become seamless, interoperable, and secure.
Whether you are using the Bajaj Finance App or the official Bajaj Finance web portal, Bajaj Pay provides a centralised gateway to clear your IDFC FIRST Bank loan EMIs in just a few clicks.
Key benefits of paying via Bajaj Pay
- Zero Convenience Fee (100% Free): Enjoy zero extra platform fees or hidden surcharges when repaying your loan EMIs via Bajaj Pay.
- Powered by Bharat Connect: Built on NPCI's official Bharat Connect infrastructure, guaranteeing verified bill fetching, secure payment routing, and instant transaction acknowledgment.
- Flexible Payment Options: Pay using your preferred method—Bajaj Pay UPI, Bajaj Pay Wallet, Debit Card, Credit Card or Net Banking.
- Auto-Fetch Billing: Enter your Loan Account Number once, and the system automatically pulls the exact payable amount and customer details.
- Instant Digital Receipts: Receive an immediate Bharat Connect Transaction ID and downloadable payment receipt for complete audit tracking.
- 24/7 Availability: Repay your installment anytime, from anywhere, without worrying about banking hours or branch visits.
Prerequisites before making the payment
Ensure you have the following information ready:
- Loan Account Number (LAN): Found on your IDFC FIRST Bank welcome letter, loan sanction document, EMI statement, or mobile banking app.
- Registered Mobile Number: The mobile number linked with your IDFC loan account.
- Payment Authentication: UPI PIN, Net Banking credentials, or Debit Card OTP.
How to repay your IDFC loan EMI on Bajaj Finance
Follow these verified steps on the Bajaj Finance App or Bajaj Finance Web Portal:
Step 1: Open Bajaj Pay
- On App: Open the Bajaj Finance App on your smartphone and log in using your registered mobile number and OTP.
- On Web: Visit the official Bajaj Finance Website and sign in.
Step 2: Navigate to 'Loan Repayment'
- On the home screen, head to the ‘Bajaj Pay’ / ‘Bills & Recharges’ section.
- Click on ‘Loan Repayment’ (or tap ‘View All’ and select ‘Loan Repayment’ under the Financial Services & Taxes / Utilities tab).
Step 3: Select biller: 'IDFC FIRST Bank'
- In the search biller bar, type IDFC FIRST Bank (or IDFC FIRST Bank Ltd).
- Select IDFC FIRST Bank from the list of verified lenders.
Step 4: Enter Loan Account Number (LAN) and fetch bill
- Enter your Loan Account Number (LAN) in the input box.
- Enter your Registered Mobile Number or Date of Birth if prompted.
- Tap ‘Fetch Bill’ / ‘Proceed’.
- The screen will instantly display the borrower’s name, due date, and the exact payable EMI/overdue amount fetched via Bharat Connect.
Step 5: Select payment mode
- Verify that the borrower name and installment amount are correct.
- Choose your payment instrument:
- Bajaj Pay UPI (or select another linked bank account)
- Bajaj Pay Wallet
- Net Banking / Debit Card / Credit card
Step 6: Authorise payment and download receipt
- Enter your UPI PIN or complete the bank OTP verification.
- Once the transaction is successful, an on-screen confirmation will show the Bharat Connect Reference ID and Bank UTR Number.
- Tap ‘Download Receipt’ to save the payment acknowledgment PDF for your records.
Best practices and tips for timely loan repayments
TIP
Pay 2–3 Days in Advance: If your EMI is normally deducted via auto-debit (e-NACH/ECS) on the 5th of every month, ensure manual repayments via BBPS are done 2–3 business days prior to avoid overlapping or double-debit scenarios.
- Avoid Overdue Charges: If your scheduled auto-debit failed due to insufficient funds, clear the overdue amount via Bajaj Pay immediately to limit additional bounce penalties.
- Keep Sufficient Balance for Auto-Debit: If you have active auto-debit on your primary bank account, ensure sufficient funds are maintained to prevent bounce charges.
- Verify Account Details Carefully: Ensure all characters in the Loan Account Number are typed accurately to avoid delays in credit reconciliation.
Other online loan repayments across India
Apart from IDFC Bank, Bajaj Finance also allows you to pay EMIs online for other banks across India. You can pay EMIs for other loan providers such as:
Recharge and Pay Bills
Bajaj Finance app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finance App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finance App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finance App today and experience the convenience of managing your finances on one app.
Disclaimer
1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.
2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.
Frequently asked questions
Login to IDFC First Bank net banking by entering your username and password. Click on the ‘ACCOUNT STATEMENTS’ tab and select your account. Choose the period for which you want the statement and download the e-statement.
To close an IDFC FIRST Bank loan, log into their mobile app, select your loan, and tap "Foreclose" to clear the balance. Alternatively, use the Quick Pay link on their website or WhatsApp 95555 55555. Once paid, always download your No Objection Certificate (NOC) for legal proof.
You can register for IDFC First Bank net banking by following these easy steps:
1. Visit the IDFC First Bank website, and select the ‘LOGIN’ option
2. Click on ‘CREATE USERNAME’, enter your UCIC/ customer ID and click ‘SUBMIT’
3. Now enter the account number, or debit card number, or loan account number and enter the OTP received on your registered mobile number
4. Choose a username, create a net banking password and click on ‘SUBMIT’
You can check your IDFC loan payment status and details by checking your loan statement. Follow these steps to view the loan statement:
- Head over to the official website of IDFC First Bank
- Log in to your account by entering your customer ID and password
- Click on ‘VIEW STATEMENT’ to check your loan details
The loan ID number is the loan account number provided by IDFC First Bank to every borrower once the loan gets approved. The loan ID is unique for every customer and allows them to access their account.
Yes, you can pay your IDFC loan EMI before the due date on Bajaj Pay once the bill generates (5–7 days prior). To prevent duplicate deduction from an active auto-debit (e-NACH), make your manual payment at least 3 to 4 business days before your scheduled due date.
You cannot avoid interest on standard loans, but maintaining a high credit score secures lower interest rates. Prepaying principal significantly reduces overall interest.
You can pay a bounced IDFC First Bank loan EMI through Bajaj Pay on Bajaj Finance, powered by Bharat Connect, by using your Loan Account Number (LAN) to fetch the latest outstanding dues and complete the repayment online. If an EMI has bounced due to insufficient funds or another reason, the overdue amount and any applicable charges levied by the lender may be reflected in your loan account.
To repay the overdue EMI:
- Visit the Bajaj Finance website or open the Bajaj Finance app.
- Navigate to Payments > Loan Repayment.
- Select IDFC First Bank from the list of lenders.
- Enter your Loan Account Number (LAN).
- Click Fetch Bill to view the outstanding repayment details.
- Verify the dues displayed on the screen.
- Choose your preferred payment method, including UPI, debit card, credit card, net banking, or Bajaj Pay Wallet.
- Complete the payment and save the transaction confirmation for future reference.
If the overdue amount is not reflected correctly or you require clarification regarding bounce charges, contact IDFC First Bank customer care and keep your loan account details and transaction reference number ready.
You can check your IDFC First Bank loan EMI status through the bank's official digital channels, including the mobile app, internet banking platform, and WhatsApp banking service.
Through the IDFC First Bank mobile app
- Open the IDFC First Bank mobile app and sign in.
- Navigate to the Loans section.
- Select My Loans under Manage My Loans.
- View your active loan details, EMI payment history, outstanding balance, and repayment status.
Through internet banking
- Log in to the IDFC First Bank internet banking portal.
- Navigate to the Loans or Account Summary section.
- Access your loan account details.
- View or download your Statement of Account (SOA) to check recent EMI payments and repayment records.
Through WhatsApp banking
- Send "Hi" to the official IDFC First Bank WhatsApp banking number.
- Follow the automated menu options.
- Select the loan-related services option to view EMI and loan account information.
Regularly checking your EMI status helps you track repayments, monitor outstanding balances, and avoid missing future instalments.
You can check the status of your IDFC First Bank loan by dialling the toll-free customer care number 1800 10 888.
Yes, Bajaj Finance also provides recharge services such as:
Yes, Bajaj Finance also provides other bill payment services such as:
- Postpaid bill payment
- Broadband bill payment
- Education fee payment
- Landline bill payment
- Electricity bill - UPPCL, NBPDCL, TNEB, etc.
