Pay your IIFL loan on Bajaj Finserv with seamless transaction process and ease of payment.
IIFL loan EMI payment online
IIFL Finance is a leading Non-Banking Financial Company (NBFC) offering gold, business, personal and other types of loans. IIFL online payment of EMIs through the BBPS platform on Bajaj Finserv as it does not charge transaction fees. You can quickly pay IIFL loans online without worrying about your privacy and safety, as the BBPS platform is secure. If you have availed of a gold loan, you can ensure instant IIFL gold loan payment and get a confirmation message within minutes.
Bajaj Finserv makes IIFL loan online payments simple and uncomplicated. This integrated payment platform streamlines digital transactions and payment of utility bills and loans. At Bajaj Finserv, you can use this BBPS facility and repay your loans using your preferred payment mode. Moreover, you may score discounts and cashbacks by using Bajaj Pay.
IIFL Finance loan rates and charges
You can request a gold loan from IIFL, starting with a minimum amount of Rs. 3,000, featuring an interest rate that begins at 6.48% per annum. The repayment period can extend up to 2 years, and the bank may apply a processing fee based on your loan amount, with the minimum fee starting at Rs. 0.
Interest rate |
0.54% p.m. or 6.48% p.a. onwards |
Processing fee |
Rs. 0 onwards depending on the scheme availed |
MTM charges |
Rs. 500 |
Types of loan schemes offered by IIFL Finance
IIFL Finance offers two types of loan schemes:
IIFL SPL 1 scheme allows you to avail a loan with a minimum loan amount of Rs. 3,000 and a repayment tenure of up to 2 years. The ornaments pledged are insured for free, and digital facility is available.
IIFL Agri Loan scheme is designed for farmers and agriculturists who need funds for their agricultural needs. The loan amount can be used for various purposes such as crop cultivation, farm equipment purchase, and more. The loan amount ranges from Rs. 10,000 to Rs. 10 crore, and the repayment tenure is up to 36 months.
Benefits of repaying IIFL loan online on Bajaj Finserv
Here are the benefits of repaying IIFL loan using the BBPS platform on Bajaj Finserv:
Quick and hassle-free: With the Bajaj Finserv BBPS platform, you can repay your IIFL loan quickly and effortlessly.
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: The Bajaj Finserv BBPS platform offers multiple payment options, including debit card, credit card, net banking, e-wallet, and UPI. This allows you to choose the payment method that suits you best.
Instant confirmation: After making the payment, the platform immediately confirms the payment through an email and SMS.
Checking your IIFL loan dues is as simple as making a payment on Bajaj Pay. Bajaj Pay is committed to simplifying your financial life. Easily manage your IIFL loan by checking your dues directly on the app. It is secure, fast, and convenient.
Steps to repay IIFL loan online on the Bajaj Finserv website
Here is how you can repay IIFL loan online on the Bajaj Finserv website:
- Visit the Bajaj Finserv website
- Go to the ‘PAYMENTS’ section
- Under that section, click on ‘ALL PAYMENTS’
- Now scroll down to click on ‘LOAN REPAYMENT’ under ‘BILLS AND RECHARGES’
- Choose your preferred loan provider
- Enter your Loan number and click on ‘FETCH BILL’
- Now, select the bill you want to complete the payment for and click to pay.
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
You will receive a notification from Bajaj Finserv after successful payment.
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
Other online loan repayments across India
Apart from IIFL, Bajaj Finserv also allows you to pay EMIs online for other banks across India. You can pay EMIs for other loan providers such as:
-
Benefits of IIFL Finance loan payment online on Bajaj Finserv
When paying for your IIFL loan EMI payment through the Bajaj Finserv BBPS platform, you can avail of the following benefits:
- Quick and hassle-free
With Bajaj Finserv's BBPS platform, you can pay your IIFL loan quickly and effortlessly. - Safe and secure
Bajaj Finserv provides a safe and secure payment platform on Bajaj Pay. Your payment details are secure with the platform’s robust security measures. - Multiple payment options
Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, e-wallet, and UPI. This allows you to choose the payment method that suits you best. - Instant confirmation
After making the payment, the platform immediately confirms the payment through an email and SMS.
Other online loan repayments across India
Apart from IIFL loan EMI payment, Bajaj Finserv also allows you to pay for other online loan repayments across India. You can pay other various loan providers as well, such as:
IIFL gold loan rates and charges
You can request a gold loan from IIFL, starting with a minimum amount of Rs. 3,000, featuring an interest rate that begins at 6.48% per annum. The repayment period can extend up to 2 years, and the bank may apply a processing fee based on your loan amount, with the minimum fee starting at Rs. 0.
Interest Rate
0.54% p.m. or 6.48% p.a. onwards
Processing Fee
Rs. 0 onwards depending on the scheme availed
MTM Charges
Rs. 500
Types of gold loan schemes offered by IIFL Finance
IIFL Finance offers two types of gold loan schemes:
IIFL SPL 1 scheme allows you to avail a loan with a minimum loan amount of Rs. 3,000 and a repayment tenure of up to 2 years. The ornaments pledged are insured for free, and digital facility is available.
IIFL Agri Loan scheme is designed for farmers and agriculturists who need funds for their agricultural needs. The loan amount can be used for various purposes such as crop cultivation, farm equipment purchase, and more. The loan amount ranges from Rs. 10,000 to Rs. 10 crore, and the repayment tenure is up to 36 months.
IIFL customer care number
Here are the IIFL customer care details for your to raise a query:
IIFL Customer Care Details Toll-free number 1860-267-3000 Customer care number 7039-050-000
Note: In case you are facing the issue related to IIFL loan payment. Please connect with IIFL Finance Limited customer care number support 24*7.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.
- Quick and hassle-free
Steps to make quick IIFL payment online on the Bajaj Finserv app
Follow these steps to repay your IIFL loan via the Bajaj Finserv BBPS platform:
- Click on 'DOWNLOAD APP' to open the Google Play Store
- Login through the email ID registered with your mobile
- Click on ‘INSTALL’
- Open the app on your mobile phone
- To 'GENERATE OTP,' enter your 10-digit mobile phone number
- Enter the OTP and click the 'PROCEED' button
- Click on 'LOAN REPAYMENT' in the 'FINANCIAL SERVICES AND TAXES' section
- From the drop-down menu, choose ‘IIFL’ as your loan provider
- 'PROCEED' after entering your loan account number
- Choose your preferred payment method and finish the transaction
Steps to make IIFL quick loan repayment online on the Bajaj Finserv website
Here is how you can repay IIFL quick loan online on the Bajaj Finserv website:
- Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/
- Go to the ‘BILLS AND RECHARGES’ under the ‘PAYMENTS’ section
- Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LOAN REPAYMENT’
- Choose your biller from the drop-down
- Enter your loan number and click on ‘FETCH YOUR BILL’
- Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
You will receive a notification from Bajaj Finserv after successful payment.
Recharge and Pay Bills
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv 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 Finserv App today and experience the convenience of managing your finances on one app.
Frequently asked questions
Bajaj Finserv offers flexible loan repayment with various methods: credit card, debit card, net banking, UPI.
The BBPS platform on Bajaj Finserv allows the repayment of different IIFL loans, which includes:
- Gold loan
- Home loan
- Personal loan
- Business loan
Your IIFL gold loan can be quickly paid online through the BBPS platform on Bajaj Finserv. Following are the steps to repay your IIFL gold loan successfully:
- Click on 'PAY NOW' to open the BBPS payments page
- Enter your full name as per your PAN card
- Enter your 10-digit mobile number to 'GENERATE OTP'
- Enter the OTP and click on 'PROCEED'
- Under the 'FINANCIAL SERVICES AND TAXES' section, click on 'LOAN REPAYMENT'
- Choose 'IIFL FINANCE LIMITED' as your lender
- Enter your loan account number, 10-digit mobile number and click on 'PROCEED'
- Choose your preferred payment mode and complete the payment
You can choose the BBPS platform on Bajaj Finserv for loan repayment as it is easy, safe, and secure.
Once the payment is completed, you will get a message for successful payment. You will also receive the BBPS bill receipt in email/SMS/print form and the transaction ID. A confirmation/ transaction success message will also appear on your screen once the transaction is complete. Check your transaction history for future reference.
You can use the ‘Bills and Recharges’ service on Bajaj Finserv to pay your electricity bill, gas bill, water bill, telecom bill, DTH bill, along with loan repayment, insurance EMI, municipal tax, subscription fee, FASTag recharge, prepaid recharge, cable recharge, fibernet recharge, and more.
After an IIFL loan repayment, you will receive an online receipt providing the transaction details.
- Go to the official IIFL website
- Enter your customer ID and password to log in to your account
- Click on ‘VIEW STATEMENT’
- Download it for future reference
You can make IIFL loan payments online using the Bharat Bill Payment System (BBPS) on Bajaj Finserv.
You can close your IIFL loan by following these steps.
Visit the official website of IIFL Finance
Click on ‘MY ACCOUNT’
Choose your loan type
Log in with the OTP sent to the registered mobile number
If you have not registered, enter your credentials to register
Log in to your account and view your loan status
Yes, Bajaj Finserv also provides other recharge services such as-
Yes, Bajaj Finserv also provides other bill payment services such as-
To pay your IIFL loan bill online, you can use the Bajaj Finserv BBPS platform. Follow these steps:
- Visit the Bajaj Finserv website.
- Navigate to the ‘BILLS AND RECHARGES’ section under ‘PAYMENTS.’
- Select ‘LOAN REPAYMENT’ under ‘FINANCIAL SERVICES AND TAXES.’
- Choose your loan provider (IIFL) from the drop-down menu.
- Enter your loan details (such as loan number) and the due amount.
- Select your preferred payment mode (debit card, credit card, net banking, or UPI) and complete the payment.
You can track your IIFL loan balance using the IIFL Loans Mobile App. Here’s how:
- Download the IIFL Loans app from the Play Store.
- Register by entering your mobile number (if you have an existing loan with IIFL Finance).
- Generate an OTP and verify your account.
- Set a 4-digit MPIN or use biometric verification (fingerprint/face recognition) to log in.
- Access your loan account details, including the balance and other relevant information.
To apply for an IIFL loan, you typically need to provide the following documents:
- Identity proof: Aadhar card, PAN card, passport, voter ID, or driving license.
- Address proof: Utility bills (electricity, water, gas), rental agreement, passport, or Aadhar card.
- Income proof: Salary slips for the last 3-6 months, bank statements for the last 3-6 months, or income tax returns.
- Photographs: Recent passport-sized photographs.
- Loan application form: Duly filled and signed loan application form.
Additional documents may be required based on the type of loan and the applicant’s profile. It is always best to check with IIFL for the most accurate and updated list of required documents.
The interest rate for an IIFL loan can vary depending on the type of loan, the loan amount, the tenure, and the applicant’s credit profile. Generally, personal loan interest rates from IIFL range from around 11.75% to 32% per annum. For home loans, the interest rates typically start from around 8.45% per annum.
It is important to check the specific interest rates applicable to your loan by visiting the IIFL website or contacting their customer support, as rates can change and may also be influenced by promotional offers or individual eligibility.
