TVS Credit loan repayment online on Bajaj Finance
For millions of borrowers across India, TVS Credit Services Limited is a trusted non-banking financial company (NBFC) financing two-wheelers, pre-owned cars, consumer durables, tractors, and personal needs. While auto-debit (NACH/e-Mandate) handles most scheduled monthly installments, payment failures due to technical glitches or insufficient funds can trigger heavy bounce charges and hurt your credit score.
Using Bajaj Pay (integrated into the Bajaj Finserv app and website), clearing your TVS Credit EMI is fast, secure, and hassle-free.
Operating seamlessly through Bharat Connect (formerly BBPS, developed by NPCI), Bajaj Pay provides direct integration with TVS Credit's loan management systems. This ensures real-time outstanding balance fetching, immediate payment acknowledgments, and legally recognised transaction receipts.
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What types of TVS Credit loans can you repay on Bajaj Pay?
Bajaj Pay supports loan repayments across the entire portfolio of TVS Credit retail financing products:
- Two-Wheeler Loans: Monthly EMIs for TVS bikes and scooters (Apache, Jupiter, Raider, etc.).
- Used Car Loans: Installments for pre-owned passenger vehicles.
- Consumer Durable and Mobile Loans: EMIs on electronics, smartphones, and household appliances.
- Tractor & Commercial Vehicle Loans: Agricultural equipment and commercial transport financing.
- Personal & Business Loans: Unsecured personal credit and working capital installments.
- Gold Loans & Emerging Business Credit: Periodic interest or bullet repayments.
Where to locate your TVS Credit Loan Agreement Number (LAN)
To fetch your outstanding EMI on Bajaj Pay, you will need your unique Loan Agreement Number (LAN) or Loan Account Number.
You can locate this number through any of the following:
- Loan Welcome Letter / Sanction Letter: Printed prominently at the top of your initial physical or digital agreement documents.
- Monthly EMI Debit SMS / WhatsApp: TVS Credit sends automated monthly reminders that include your alpha-numeric LAN (e.g., prefix formats like TW..., CD..., or PL...).
- TVS Credit Saathi App: If you have the mobile app installed, your active LAN is displayed right on the dashboard.
- Bank Account Statement: Check past auto-debit narration entries on your bank statement; they usually read ACH-TVS CREDIT-[LAN Number].
How to pay TVS Credit Loan EMI on Bajaj Finance
Whether you are using a desktop browser or the mobile app, follow this unified flow:
Step 1: Open the Platform
- On App: Open the Bajaj Finserv App and log in via your registered mobile number using OTP.
- On Web: Visit the official Bajaj Finserv portal and go to the Bills and Recharges section.
Step 2: Select 'Loan Repayment'
Under the Financial Services and Taxes / Utility Payments section, select Loan Repayment (or Loan EMI).
Step 3: Select TVS Credit as the Biller
In the search bar, type TVS Credit Services Limited and select it from the list of registered financial institutions.
Step 4: Enter Loan Details
- Input your Loan Agreement Number (LAN) without any spaces or special characters.
- Click Fetch Your Bill / Proceed.
Step 5: Verify the Fetched Details
The Bharat Connect engine connects to TVS Credit servers and displays:
- Borrower / Customer Name
- Exact Monthly EMI Amount Due
- Overdue Charges or Penal Interest (if applicable)
- Due Date
Always verify the name on screen before authorizing payment to ensure you haven't mistyped a character.
Step 6: Choose Payment Mode & Complete Transaction
- Select your preferred payment option: Bajaj Pay UPI, Bajaj Pay Wallet, Net Banking, or Debit Card.
- Apply any active promo codes or redeem your Bajaj Coins.
- Enter your UPI PIN or authenticate via bank OTP.
Step 7: Save the Bharat Connect Receipt
Once approved, you will receive an SMS confirmation, and a downloadable receipt with a unique 12-digit Bharat Connect Transaction Reference ID will be generated on your screen.
How to pay 100% surcharge-free
When making high-value loan repayments online, payment gateway charges can add up. Understanding how fees are structured on the platform helps you avoid unnecessary expenses:
Payment Mode Repayment Amount Slab Convenience Fee Rate Added Cost on ₹5,000 EMI Bajaj Pay UPI Any Amount 0.00% (FREE) ₹0.00 Bajaj Pay Wallet Any Amount 0.00% (FREE) ₹0.00 Debit Card Any Amount 0.00% / Minimal ₹0.00 Net Banking Varies by Gateway / Surcharge 0.00% – Nominal Minor bank fee (if applicable) Credit Card Subject to NBFC restrictions* 1.00% – 1.72% Restricted for loan payoffs Crucial Borrower Tip: The Reserve Bank of India (RBI) discourages repaying debt using another debt instrument; hence, Credit Cards are generally restricted or heavily surcharged for loan repayments. To guarantee a 100% surcharge-free payment, always pay your TVS Credit EMI using Bajaj Pay UPI or Bajaj Pay Wallet.
TVS Credit customer support and grievance contacts
For issues concerning incorrect EMI calculations, foreclosure statements, or uncredited payments:
- TVS Credit Customer Care Helpline: 044-66-123456
- Email Support: helpdesk@tvscredit.com
Pay loan EMIs for other lenders
Following are the lenders you can make loan repayment for using the BBPS platform on Bajaj Finance
Recharge and Pay Bills
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Frequently asked questions
You can check your EMI status by visiting the TVS Finance website or mobile app. Log in using your loan credentials, navigate to the "EMI Details" section, and view your current status. Alternatively, you can contact customer care for assistance with your EMI details.
To check your monthly EMI, log in to your lender's online portal or app. Access the "Loan Details" or "EMI Schedule" section to view the EMI amount. You may also refer to your loan sanction letter or contact customer support for clarification.
Download your lender’s mobile app, log in using your registered credentials, and navigate to the loan section. Select your loan account to view EMI details. Alternatively, you can check EMI details through SMS or email notifications from your lender.
Yes, you can prepay your TVS Credit loan as per the foreclosure terms in your agreement document.
The finance amount limit is based on the profile of the customers and factore like their CIBIL score, income etc.
TVS Credit ensures a swift and hassle-free loan disbursement process. For personal loans, the loan amount is typically disbursed within 24 hours of approval. The process is efficient, and you can expect same-day disbursal using the TVS Credit Saathi App.
If you fail to repay your consumer durable loan, several consequences may arise:
Late payment charges: You will incur late payment fees.
Negative impact on credit score: Non-payment affects your credit score, making it harder to secure future loans.
Legal action: Lenders may take legal action to recover the outstanding amount.
Asset seizure: In extreme cases, the lender may seize the purchased durable goods.
It is crucial to communicate with the lender if you face difficulties in repayment.
For any loan-related queries, you can contact TVS Credit’s customer care via email: helpdesk@tvscredit.com or call them on 044-66-123456.
