Know about ESAF Small Finance Bank loan repayment online

ESAF Small Finance Bank is a leading Indian financial institution committed to inclusive banking and social responsibility. Established in 2017, it evolved from ESAF microfinance, which started in 1992. Headquartered in Thrissur, Kerala, the bank focuses on providing a range of financial services, including microfinance, small business loans, housing loans, and more. ESAF bank operates on the principles of financial inclusion and customer-centricity, aiming to uplift marginalised communities. With a network of branches across India, ESAF Small Finance Bank Limited emphasises community development and empowerment, contributing to the nation's economic growth and sustainable development.

Enjoy the convenience of making loan payments from any location, at any time, without the burden of cumbersome paperwork using the Bajaj Pay, the BBPS platform on Bajaj Finserv. This user-friendly platform guarantees a straightforward and inviting experience, offering customers quick and hassle-free ESAF micro loan payment online solutions. The introduction of the Bharat Bill Payment System (BBPS) by the Reserve Bank of India (RBI) aims to streamline digital payments, enhancing the overall efficiency of the payment process.

Steps to make ESAF Small Finance Bank loan repayment on the Bajaj Finserv website

Here is how you can repay ESAF Small Finance Bank loan online on the Bajaj Finserv website:

  1. Visit the Bajaj Finserv website
  2. Go to the ‘LOAN REPAYMENT’ under the ‘PAYMENTS’ section and click on ‘PAY NOW’
  3. Choose your biller from the drop-down
  4. Enter your loan number and click on ‘FETCH YOUR BILL’ 
  5. Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
  6. After choosing your preferred payment mode, enter the requested payment details
  7. Check the details you entered and click on 'PAY NOW’ 

You will receive a notification from Bajaj Finserv after successful payment.

  • Benefits of making ESAF Small Finance Bank loan repayment online on Bajaj Finserv

    Some of the benefits of making ESAF Small Finance Bank loan repayment on the Bajaj Finserv BBPS platform include:

    • Quick and hassle-free
      With the BBPS platform on Bajaj Finserv, you can repay your ESAF Small Finance Bank loan quickly and effortlessly.

    • Safe and secure
      Bajaj Finserv provides a safe and secure payment platform on Bajaj Pay. 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 status through an email and SMS.


    Types of services provided by ESAF Small Finance Bank

    ESAF Small Finance Bank provides a range of financial products and services to meet the diverse needs of its customers. Some of the types of offerings provided by ESAF Small Finance Bank include:

    1. Savings accounts: Various types of savings accounts tailored to different customer preferences and needs.
    2. Fixed deposits: Term deposit options with competitive interest rates and flexible tenures.
    3. Current accounts: Designed for businesses and individuals with regular banking needs.
    4. Recurring deposits: Systematic savings plans with fixed monthly contributions and attractive interest rates.
    5. Microfinance: Financial services aimed at empowering micro-entrepreneurs and the economically underserved.
    6. Personal loans: Unsecured loans for meeting individual financial requirements.
    7. Business loans: Financial assistance for small and medium-sized enterprises (SMEs) to support growth.
    8. Housing loans: Loans for the purchase, construction, or renovation of homes.
    9. Vehicle loans: Financing options for the purchase of two-wheelers and other vehicles.

    Pay bank loans by other lenders

    Apart from ESAF Small Finance Bank loan repayment, you can pay EMI for other loan providers across India, such as:

    IDFC First Bank loan repayment

    Hero Fincorp loan repayment

    Muthoot Finance loan repayment

    ICICI Bank loan repayment

    HDB Finance loan repayment

    Axis Bank loan repayment

    Mahindra Finance loan repayment

    IIFL loan repayment

    Manappuram Finance loan repayment


    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.

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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.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

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Frequently asked questions

Does Bajaj Finserv provide bill payment services apart from loan repayment?

Yes, Bajaj Finserv also provides other bill payment services such as:

Can I make partial or advance payments towards my loan?

Yes, partial or advance payments can be made towards your loan. Doing so reduces the principal balance and lowers the interest accrued. However, it is advisable to check with your lender for any specific terms or conditions.

Is there a step-by-step guide for making loan repayments online?

Yes, you can follow a simple process to repay loans online. Log into your lender’s online portal, select the loan repayment option, enter the payment amount, and confirm the transaction. Steps may vary slightly by lender, so refer to their specific instructions.

How do I set up auto-debit for my ESAF loan repayment?

To set up auto-debit for your ESAF loan, log into your ESAF online account, go to the auto-debit section, enter your bank account details, and confirm the setup. Ensure your account has sufficient funds to avoid payment issues.

What happens if I miss my loan repayment due date?

Missing a loan repayment may lead to late fees, additional interest charges, and a negative impact on your credit score. Significant delays can result in more severe consequences, such as loan default or legal action.

Are there any charges for repaying my loan online?

Most lenders do not charge fees for online loan repayments, but some may apply fees for certain payment methods. It’s best to confirm any charges with your lender.

Does Bajaj Finserv provide recharge services apart from loan repayment?

Yes, Bajaj Finserv also provides other recharge services such as:

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