Motilal Oswal Home Finance Loan Payment: Convenient and Secure Solution

Motilal Oswal Home Finance, a subsidiary of Motilal Oswal Financial Services Limited, has been offering comprehensive financial solutions to its customers for over a decade. The company has a wide network of branches across India, providing easy access to its customers. In addition to providing home finance solutions, Motilal Oswal also offers a host of other financial products such as wealth management and investment banking services.

If you have taken a home loan from Motilal Oswal, you can use their online payment facility to pay your EMIs. Alternatively, you can also use the BBPS platform on Bajaj Finserv for making your home loan payments online. In this article, let us discuss the features and benefits of Motilal Oswal Home Finance loan repayment and understand the process of making online payments.

Pay Motilal Home loan online payment on Bajaj Finserv

One of the easiest ways to make your Motilal Oswal Home Finance loan payment is by using the BBPS platform on Bajaj Finserv. Bajaj Finserv is one of India's leading financing companies that also provides online payment services for loans, bill payments, recharges, and more. With the BBPS platform on Bajaj Finserv, you can pay your EMIs for Motilal Oswal Home Finance loans from the comfort of your own home, without the need to visit any branch in person.

Features and benefits of Motilal Oswal Home Finance loan repayment

  • Quick and hassle-free

    Quick and hassle-free

    With the BBPS platform on Bajaj Finserv, you can pay your loan payment quickly and effortlessly

  • Safe and secure

    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

    Multiple payment options

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

  • Instant confirmation

    Instant confirmation

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

How to make Motilal Oswal Home loan payment online on Bajaj Finserv

Follow these procedures to repay your loan via the Bajaj Finserv BBPS platform:

  1. 1 Click on 'DOWNLOAD APP' to open the Google Play Store
  2. 2 Login through the email ID registered with your mobile
  3. 3 Click on ‘INSTALL’
  4. 4 Open the app on your mobile phone
  5. 5 To 'GENERATE OTP,' enter your 10-digit mobile phone number
  6. 6 Enter the OTP and click the 'PROCEED' button
  7. 7 Click on 'LOAN REPAYMENT' in the 'FINANCIAL SERVICES AND TAXES' section
  8. 8 From the drop-down menu, choose ‘MOTILAL OSWAL HOUSE FINANCE’
  9. 9 'PROCEED' after entering your loan account number
  10. 10 Choose your preferred payment method and finish the transaction

Know the types of loans provided by Motilal Oswal Home Finance

Motilal Oswal Home Finance provides different types of loans to cater to the diverse needs of its customers. The different types of home loans offered by Motilal Oswal Home Finance are as follows:

Home Purchase Loan: This loan is designed to help customers purchase a new or pre-owned home.

Home Extension Loan: This loan is designed to help customers extend their existing homes to accommodate a growing family or to make home improvements.

Home Improvement Loan: This loan is designed to help customers carry out repairs, renovations, or improvements in their homes.

Balance Transfer Loan: This loan is designed to help customers transfer their existing home loan from another bank or financial institution to Motilal Oswal Home Finance.

Fees and charges

The following charges are applicable on mobile recharges and bill payments:

Payment

Charges (Rs.)

Payment for bills and recharges

Convenience fee up to 2% per transaction (inclusive of applicable taxes)*

Payment of rent using a credit card as a payment mode

2% per transaction (inclusive of applicable taxes)*

Platform fee

Up to Rs. 5/- for each prepaid mobile recharge


*Convenience fee is applicable on specific payment instruments and subject to revision from time to time

Note - For failed transactions, the total amount including charges except taxes is reversed.

Frequently asked questions

What is the customer care number and customer support email id of Motilal Oswal home finance?

Motilal Oswal Home Finance’s customer care number is 18001027797. The customer support email id is customersupport@motilaloswal.com

Can I repay the loan EMI of Motilal Oswal home finance through Bajaj Finserv?

Yes, you can repay your Motilal Oswal home finance loan through the BBPS platform on Bajaj Finserv. Pay using various different payment modes like debit/credit card, UPI, net banking, and e-Wallet.

In which year Motilal Oswal Home Loans was established?

Motilal Oswal Home Loans was established in the year 2006.

What is the interest rate of the Motilal Oswal loan?

The interest rate of any loan is an essential factor that determines the overall cost of the loan. Motilal Oswal Home Finance loan interest rates may vary depending on the loan amount and tenure. You can check their website to check the exact interest rates.

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