You can now effortlessly repay your loans using the Bajaj Finserv BBPS platform's ‘BILLS AND RECHARGES’ service. The Reserve Bank of India conceptualised the Bharat Bill Payment System (BBPS), which is a one-stop bill payment eco-system. You may easily repay your loan EMIs for all major banks in the country utilising the Bajaj Finserv BBPS platform's simple and quick repayment method.

Pay loan EMIs for other financial institution

Bajaj Finserv BBPS platform supports online loan repayment for a list of financial institutions such as IIFL Finance, ICICI Bank, Manappuram Loan, IDFC First, Mahindra Finance.

Features and benefits of making loan payment on Bajaj Finserv

1. Quick and hassle-free

With Bajaj Finserv's BBPS platform, you can pay your loan quickly and effortlessly.

2. 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.

3. Multiple payment options

Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, and UPI. This allows you to choose the payment method that suits you best.

4. Instant confirmation

After making the payment, the platform immediately confirms the payment through an email and SMS.

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.

Conclusion

Incorporating an unmatched level of convenience, Bajaj Finserv BBPS not only streamlines bill payments but also offers a diverse range of payment methods. From online transfers and credit/debit cards to mobile wallets, it caters to every preference. Embrace seamless transactions and unparalleled ease with Bajaj Finserv BBPS, your ultimate payment solution.

You can make loan payment online on Bajaj Finserv by following these steps:

1. Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
2. Open the app, log in, or register if you are a new user
3. Go to ‘BILLS AND RECHARGES’ and select ‘LOAN REPAYMENT’
4. Choose your issuer
5. Enter your loan 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.