Indian Bank, established in 1907 and headquartered in Chennai, is a major public sector bank in India. It offers a comprehensive range of financial services, supported by an extensive network of branches and ATMs across the country and internationally.

For loans, the bank provides options such as personal, home, and vehicle loans. Personal loans are particularly popular due to their ease and quick approval process, with interest rates starting at 9.10% per annum and repayment tenures of up to seven years. Loan amounts can be as high as 20 times the borrower’s monthly salary, making them suitable for various needs like medical bills, weddings, or home improvements. The application process is simple, with minimal documentation, and the bank ensures no hidden fees or prepayment penalties, emphasising customer satisfaction and transparency.

When it comes to loan repayment, India Bank ensures flexibility and convenience. Customers can make payments online, avoiding the hassle of visiting physical branches. By partnering with Bajaj Finserv, they ensure secure transactions. In this article, we will guide you in making loan repayments online on Bajaj Finserv using its Bajaj Pay platform.

Steps to repay India Bank loan online on the Bajaj Finserv website

You can repay India Bank loan on the Bajaj Finserv website by following these steps:

1. Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/

2. Go to the ‘LOAN REPAYMENT’ under the ‘PAYMENTS’ section

3. Click on ‘PAY NOW’

4. Select your biller from the drop-down menu

5. Enter your ‘LOAN NUMBER’ and click on ‘PROCEED’

6. Select a payment method from the list of available payment options such as credit card, debit card, UPI, e-wallet, and net banking

7. After choosing your preferred payment mode, enter the requested payment details

8. Check the details that you entered and click on 'PAY NOW’

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.

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.

• Explore and apply for co-branded credit cards online.

• 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-approved 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.