Cancel your consumer durable loan online through My Account.
Raise a loan cancellation request and track its status securely through My Account.
Enter mobile and OTP · No password needed · No branch visit needed
Can I cancel my Bajaj Finance Consumer Durable Loan after disbursement?
You can cancel your loan within one business day from the disbursement date for the purchase. This is applicable to both Bajaj Mall purchases and offline purchases at our partner store. However, for purchases made on e-commerce sites, you need to raise the cancellation request with the respective site.
How can I cancel my Consumer Durable Loan online through My Account
1.Click on ‘Sign-in’ button on this page.
2. Enter your mobile number, date of birth and verify your details with an OTP.
3. Go to ‘Service’ and click on ‘Your relations’ .
4. Select your loan account number.
5. Clicks on "Cancel loan" CTA in Quick Action.
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Frequently Asked Questions
Loan Cancellation Process
Cancellation Eligibility & Status
Which channels can I choose to initiate a cancellation request?
You can request your loan cancellation through the Bajaj Finance App and website. Alternatively, you can reach us through the nearest Bajaj Finance branch, email, IVR (Call Centre), business, B2B dealers and partners, Bajaj Mall, etc.
Do I need to visit a branch to cancel the loan?
No, you don’t need to visit a branch. You can initiate cancellation via the Bajaj Finance service portal or app
How long does it take to process a Consumer Durable Loan cancellation request?
Once you raise a cancellation request through My Account, the app, or customer care, Bajaj Finance typically reviews it and responds within a short timeframe. You may be contacted for additional information during this process. Check your loan agreement for the exact timeline applicable to your loan.
Can I cancel my Bajaj Finance consumer durable loan after disbursement?
Yes. You can cancel a consumer durable loan within one business days of disbursement for in-store or Bajaj Mall purchases. Online purchases require cancellation through the e-commerce site and confirmation sent to Bajaj Finance.
How do I check my loan cancellation status?
Log into the Bajaj Finance service portal or app using your registered mobile number and OTP. Navigate to 'Help & Support' → 'My Raised Requests' to view cancellation requests and status. You can also track closure via the loan account page – it will show “Closed” or “Settled.”
Can I cancel my Consumer Durable Loan after the cancellation period expires?
Cancellation is generally only allowed within a specific window shortly after loan disbursement. Once this window has passed, you would typically need to proceed with the loan and manage it through regular repayment or foreclosure instead. Check your loan agreement for the exact terms that apply to you.
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