Instant Shriram Housing Finance online payment on Bajaj Finserv
Shriram Housing Finance Limited a subsidiary of Shriram City Union Finance Limited (SCUFL), is a non-banking financial company focused on providing affordable housing finance solutions to customers in India. The company primarily focuses on providing home loans to the low income groups of the society.
You now have the convenience of making EMI payments anytime from anywhere and without the stress of filling out lengthy documents thanks to the BBPS platform on Bajaj Finserv. Whether you are managing your Shriram Finance home loan or any other loan, the platform simplifies the process. It is simple to use, user-friendly, and offers quick and hassle-free loan payment solutions to customers.
The Reserve Bank of India (RBI) introduced the concept of BBPS, intending to streamline digital payments.
Steps to make Shriram Housing Finance loan repayment on the Bajaj Finserv app
Making Shriram Housing Finance loan repayment on the Bajaj Finserv app is a very easy process. Follow these simple steps to make your payment online:
- Download and install the Bajaj Finserv app from Google Play Store or App Store
- Login with your credentials
- Go to ‘BILLS AND RECHARGES'
- Select ‘LOAN REPAYMENT' under the ‘FINANCIAL SERVICES AND TAXES’ section
- Select ‘SHRIRAM HOUSING FINANCE’ as the issuing bank and enter your Loan Agreement Number
- Enter the loan amount and select the preferred payment mode
- Make the payment to repay your loan
Once you have completed the payment, you will receive an e-receipt, which you can keep for future reference.
Steps to make Shriram Housing Finance loan repayment on the Bajaj Finserv website
Here is how you can repay Shriram Housing Finance loan online on the Bajaj Finserv website:
- Visit the Bajaj Finserv website
- Go to the ‘BILLS AND RECHARGES’ under the ‘PAYMENTS’ section
- Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LOAN REPAYMENT’
- Choose your biller from the drop-down
- Enter your loan account number and click on ‘FETCH YOUR BILL’
- Select a payment method from the list of available payment options such as credit cards, debit cards, UPI, e-wallet, and net banking
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
You will receive a notification from Bajaj Finserv after successful payment.
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Benefits of making Shriram Housing Finance loan repayment using the Bajaj Finserv BBPS platform
Some of the benefits of making Shriram Housing Finance loan repayment on the Bajaj Finserv BBPS platform include:
Quick and hassle-free
With the BBPS platform on Bajaj Finserv, you can repay your Shriram Housing Finance loan quickly and effortlessly.
Safe and secure
The Bajaj Finserv BBPS is 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.
Pay bank loans by other lenders
Apart from Shriram Housing Finance loan repayment, you can pay EMI for other loan providers across India, such as:
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.
Types of loans provided by Shriram Housing Finance Ltd
Following are the types of loans offered by Shriram Housing Finance Ltd to its customers:
- Home Loans
- Loan Against Property
- Project Finance
Recharge and Pay Bills
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.
- 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-qualified 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.
Frequently asked questions
Yes, Bajaj Finserv also provides other recharge services such as:
If you miss an EMI payment with Shriram Finance, the penalty charges are calculated at a rate of 36% per annum on the overdue amount. Additionally, there is a bank charge of Rs. 500 for each bounced cheque.
You can check your Shriram loan details online by following these steps:
- Visit the Shriram Finance website.
- Log in using your registered mobile number.
- Enter the OTP sent to your mobile number.
- Select your loan to view details such as outstanding amount, next due date, and repayment status.
The specific notice period for Shriram Finance can vary depending on the type of loan and the terms outlined in your loan agreement. It is best to refer to your loan agreement or contact Shriram Finance customer service for precise information.
