Samasta Microfinance Ltd loan payment online

Samasta Microfinance Ltd is a renowned non-banking financial company (NBFC) in India. It specialises in providing microloans to underserved and low-income segments, especially in rural areas. With a strong focus on financial inclusion, Samasta aims to empower individuals by offering accessible credit options. The company operates across multiple states in India, supporting economic growth and improving the livelihoods of its customers.

Microloans are small loans designed to help individuals who may not have access to traditional banking services. These loans cater to personal, agricultural, and business needs, enabling borrowers to improve their financial situation. Microloans are generally easier to apply for and require fewer formalities compared to conventional loans, making them an attractive option for those with limited financial history.

When it comes to loan repayment, Samasta Microfinance Ltd 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 through the simple steps for making loan repayments online via Bajaj Pay, the BBPS platform by Bajaj Finserv.

Steps to do Samasta Microfinance Ltd loan repayment online on the Bajaj Finserv app

Following these steps will allow you to do your loan repayment through the Bajaj Finserv app:

1. Download and install the Bajaj Finserv app from Google Play Store or App Store

2. Open the app on your mobile phone

3. Enter your 10-digit mobile number to 'GENERATE OTP'

4. Enter the OTP and click on 'PROCEED'

5. Under the ‘PAYMENTS’ section, select ‘LOAN REPAYMENT’

6. Choose ‘SAMASTA MICROFINANCE LTD’ as your biller from the drop-down menu

7. Enter your loan number and click on 'PROCEED'

Steps to repay Samasta Microfinance Ltd loan online on the Bajaj Finserv website

You can repay your Samasta Microfinance Ltd 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’

Samasta Microfinance Ltd fees and charges

  • Depending on the transaction amount and payment mode, a convenience fee of up to 2% (inclusive of applicable taxes) will be charged. For more information on fees and charges, click here.

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

    Benefits of making Samasta Microfinance Ltd loan repayment on Bajaj Finserv

    Here are the features and benefits of paying Samasta Microfinance Ltd loan using the Bajaj Finserv BBPS platform:

    • Quick and hassle-free: With the Bajaj Finserv BBPS platform, you can pay your Samasta Microfinance Ltd loan quickly and effortlessly.
    • Safe and secure: The Bajaj Finserv BBPS provides a safe and secure payment platform. 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.
    Mode of payment

    The Bajaj Finserv BBPS platform offers a range of convenient payment options to pay your Samasta Microfinance Ltd loan online. Let us explore the available modes:

    • Credit card/debit card: This is a widely accepted and convenient option. You can make payments using your Visa, Mastercard, or Maestro card issued by any bank in India.
    • Net banking: If you prefer online bank transfers, Bajaj Finserv integrates with major banks across India. Simply select your bank from the list and utilise your existing net banking credentials for secure payments.
    • Bajaj Pay UPI: This option leverages the Unified Payments Interface (UPI) for instant fund transfers. It is a secure and fast way to pay directly from your bank account using a UPI app.
    • Bajaj Pay Wallet: Bajaj Finserv also offers its own digital wallet - Bajaj Pay Wallet. If you have a Bajaj Pay account, you can easily make payments using the balance stored in your wallet.

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.
  • 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.

Download the App

In Order to redeem your rewards download the app now!

Frequently asked questions

How do I check my Samasta Microfinance Ltd - Micro loan payment details?
You can check your loan payment details by logging into the Bajaj Finserv app or website, navigating to the ‘LOAN REPAYMENT’ section, and selecting your loan account.

How do I pay my Samasta Microfinance Ltd - Micro loan instalments?
You can pay your loan instalments through the Bajaj Finserv app or website by selecting the ‘PAYMENTS’ option under the ‘LOAN’ category and entering your loan details.

How to check my Samasta Microfinance Ltd - Micro loan payment status?
After making a payment on Bajaj Finserv, you will receive real-time updates on the payment status. You can also check the status by logging into your Bajaj Finserv account.

What is the customer care number & customer support email ID of Samasta Microfinance Ltd - Micro loan?
For any queries, you can contact Samasta Microfinance Ltd customer care at 18001208868 or email them at customer.care@iiflsamasta.com.

Can I set up automatic payments for my Samasta Microfinance Ltd - Microloan?
Yes, you can set up automatic payments through your bank or via the Bajaj Finserv platform by selecting the auto-debit option during the payment process.

Show More Show Less