Recharge and Pay Bills
About Cholamandalam Loan EMI Payment
Cholamandalam Investment and Finance Company Limited is one of the leading financial institutions in the country that provides a wide range of financial products to its customers. The company specialises in retail finance, home loans, commercial vehicle loans, and SME loans, among many other products.
Cholamandalam loan payment can be done online using the Bajaj Finserv BBPS (Bharat Bill Payment System) platform. Customers can make hassle-free payments online using the BBPS platform on Bajaj Finserv app or website.
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Benefits of paying Cholamandalam loan EMI on Bajaj Finserv
When repaying your Cholamandalam loan online on the Bajaj Finserv BBPS platform, you can avail of the following benefits:
Ease of payment
You can complete the Cholamandalam EMI payment online at any time from the comfort of your home before the due date.
Multiple payment methods
The BBPS platform on Bajaj Finserv lets you use credit/debit cards, net banking, UPI, or Bajaj Pay Wallet to make transactions convenient.
Safe and secure
The Bajaj Finserv BBPS platform provides a safe and secure payment platform. Your payment details are secure with the platform’s robust security measures.
Instant billing receipts
When you pay Cholamandalam EMI online, you will receive instant transaction IDs and billing receipts. It ensures better transparency and reliability.
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.
Steps to make Cholamandalam loan repayment online on the Bajaj Finserv app
You can make a loan repayment online on the Bajaj Finserv app by following these steps:
- Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
- Open the app, log in, or register if you are a new user
- Go to ‘BILLS AND RECHARGES’ and select ‘LOAN REPAYMENT’
- Choose your issuer
- Enter your loan number and click on ‘FETCH YOUR BILL’
- Select a payment method from the list of available payment options such as credit cards, debit cards, 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.
Steps to repay Cholamandalam loan online on the Bajaj Finserv website
You can make a loan repayment online on the Bajaj Finserv website by following these steps:
- Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/
- 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 number and click on ‘FETCH YOUR BILL’
- Select a payment method from the list of available payment options such as credit cards, debit cards, 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.
Frequently asked questions
Loan repayment is the process of paying back the sum borrowed from a lender or a financial institution. This amount can be paid in easy monthly instalments along with an added interest as charged by your loan provider. You can securely repay your loan amount online through the BBPS platform on Bajaj Finserv.
You can choose the BBPS platform on Bajaj Finserv for your loan repayment as it keeps your bank details and payment information secure.
You can use any payment method such as credit card, debit card, UPI, and net banking for loan repayment using the BBPS platform on Bajaj Finserv.
At the moment, we have over 100 financial institutions available on the platform for loan repayment.
Once the payment is completed, you will get a message for successful payment. You will also receive the BBPS bill receipt in email/SMS/print form and the transaction ID. A confirmation/transaction success message will also appear on your screen once the transaction is complete. Check your transaction history for future reference.
You can use the ‘BILLS AND RECHARGES’ service on Bajaj Finserv to pay for the following:
- Electricity bill
- Gas bill
- Water bill
- Telecom bill
- DTH bill
- Loan repayment
- Insurance EMI
- Municipal tax
- Subscription fee
- FASTag recharge
- Prepaid mobile recharge
- Cable recharge
You can give a call on 1800-102-4565 from 9.00 am to 7.00 pm, Monday to Saturday. Cholamandalam customer loan care department is there to help with anything related to your loan, like checking the status or sorting out any concerns you might have. Remember, they are not available on Sundays. So, use this number on weekdays for quick and easy assistance with your loan queries.
- Visit the official Cholamandalam Home Loan portal
- Click on the 'CUSTOMER LOGIN' tab
- If you have already registered online, select 'MY ACCOUNT' If not, sign up and create an account
- Enter your User ID and PIN to log in
- Once logged in, navigate to the ENQUIRIES tab
Here, you can access and download your Cholamandalam Home Loan interest certificate.
Yes, Bajaj Finserv also provides recharge services such as:
- Mobile recharge - Jio recharge, Vodafone recharge, BSNL recharge
- DTH recharge
- FASTag recharge
- Gas booking
Yes, Bajaj Finserv also provides bill payment services such as:
- Postpaid bill payment
- Broadband bill payment
- Education fee payment
- Landline bill payment
- Electricity bill - UPPCL, NBPDCL, and TNEB
