Shri Ram Finance merchant loan repayment online on Bajaj Finserv

  • Shri Ram Finance Merchant is a reputed financial services provider. It specialises in offering tailored solutions to businesses looking for business loans. They understand the challenges faced by small and medium enterprises (SMEs) and help bridge the gap by providing quick, flexible financing options.

    Bajaj Pay, the BBPS platform from Bajaj Finserv, makes loan repayments seamless and efficient. With this platform, you can view, pay, and download your loan repayment receipt with just a few clicks. Bajaj Pay also supports payments for various other financial obligations, allowing you to streamline multiple payments in one place.

    How to make your Shri Ram Finance merchant loan repayment through the Bajaj Finserv website

    To make your Shri Ram Finance loan repayment on the Bajaj Finserv website, follow these points:

    1. Visit the Bajaj Finserv website

    2. Navigate to ‘LOAN REPAYMENT’ under the ‘PAYMENTS’ section and click on the ‘PAY NOW’ option

    3. Choose your biller from the dropdown or use the search bar

    4. On the next page, enter ‘LOAN AGREEMENT NUMBER’ and click on ‘PROCEED’

    5. Verify all the details on the page and click on ‘PROCEED TO PAY’

    6. Choose from the available payment options: credit card, debit card, net banking, UPI, or e-Wallet

    Once the transaction is completed, you will receive a notification shortly with payment confirmation.

    Fees and charges

    Depending on the transaction amount and payment mode, a convenience fee of up to 2% will be charged (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.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

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Frequently asked questions

How can I check my Shri Ram Finance loan balance?
To check the balance of a loan from Shriram Finance, you can log in to your account on the Shriram Finance website and go to the loan details section. There, you can find the outstanding loan amount, the next installment due date, and other loan-related information.

What if my Shri Ram Finance loan payment fails?
In the event of a failed payment, Shri Ram Finance advises checking your transaction history and bank balance. Retry the payment or contact customer service if the issue persists.

How do I set up an auto-debit for my Shri Ram Finance loan?
Setting up an auto-debit for your Shri Ram Finance Merchant loan is simple. Log into your online banking, go to the ‘AUTO DEBIT’ section, and follow the instructions to link your loan account to your preferred bank account for automatic monthly payments.

What are the foreclosure charges for Shri Ram Finance Merchant loans?
Shri Ram Finance charges between 3% and 6% as foreclosure charges on the outstanding principal for business loans to small and medium enterprises.

Can I part-pay my Shri Ram Finance Merchant loan?
Yes, Shri Ram Finance allows part-payment of gold loans. You can make additional payments to reduce the principal amount, which helps lower your overall interest costs.

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