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About Mahindra and Mahindra Finance loan payment

The Bajaj Finserv BBPS platform's 'Bills and Recharges' feature can be utilised to repay your Mahindra and Mahindra Finance loan online. The Reserve Bank of India conceptualised and operates the Bharat Bill Payment System (BBPS), which is a one-stop bill payment eco-system administered by the National Payments Corporation of India.

The Bajaj Finserv BBPS portal makes your Mahindra Finance online payments seamless and easy. You can complete your Mahindra Finance loan payments using this one-stop payment platform. You can select a preferred payment method like your debit/credit card, UPI ID, or net banking account to quickly pay your Mahindra Finance loan. As a safe and free platform, the Bajaj Finserv BBPS portal ensures that you make your Mahindra Finance online payments on time to avoid late payment charges. While you can access the portal online, you can also download the Bajaj Finserv App and complete Mahindra Finance loan payments through your phone.

Pay other banks’ loan EMIs

Here are other loans that you can repay using the Bajaj Finserv BBPS platform: Manappuram Finance, IIFL, IDFC First Bank, Hero Fincorp, Muthoot Finance, HDB Finance, Axis Bank, and Mahindra Finance.

  • Features and benefits of making Mahindra Finance loan repayment on Bajaj Finserv

    1. Quick and hassle-free
      With Bajaj Finserv's BBPS platform, you can pay your Mahindra Finance loan quickly and effortlessly.

    2. Safe and secure
      Bajaj Finserv provides a safe and secure payment platform on BBPS. Your payment details are secure with the platform’s robust security measures.

    3. Multiple payment options
      Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, and UPI. This allows you to choose the payment method that suits you best.

    4. Instant confirmation
      After making the payment, the platform immediately confirms the payment through an email and SMS.


    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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How to make Mahindra Finance loan payment online on Bajaj Finserv

You can make Mahindra Finance loan payment online using the Bajaj Finserv app by following these steps:

  1. Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
  2. Open the app, log in, or register if you are a new user
  3. Go to ‘BILLS AND RECHARGES’ and select ‘LOAN REPAYMENT’
  4. Choose ‘MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED’ as your issuer
  5. Enter your loan number and click on ‘FETCH YOUR BILL’
  6. Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
  7. After choosing your preferred payment mode, enter the requested payment details
  8. Check the details you entered and click on 'PAY NOW’

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

Frequently asked questions

Why choose Bajaj Finserv BBPS for Mahindra and Mahindra Finance loan repayment?

You can choose the Bajaj Finserv BBPS platform for your Mahindra and Mahindra Finance loan repayment as it is easy, safe, quick and secure.

What payment methods can be used for loan repayment?

You can use serval payment methods such as credit card, debit card, UPI and net banking for loan repayment via Bajaj Finserv BBPS platform.

How can I pay my Mahindra and Mahindra Finance loan EMI online?

  1. Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
  2. Open the app, log in, or register if you are a new user
  3. Go to ‘BILLS AND RECHARGES’ and select ‘LOAN REPAYMENT’
  4. Choose ‘MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED’ as your issuer
  5. Enter your loan number and click on ‘FETCH YOUR BILL’
  6. Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
  7. After choosing your preferred payment mode, enter the requested payment details
  8. Check the details you entered and click on 'PAY NOW’

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

How do I know if my loan amount is paid?

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.

How can I check my Mahindra Finance loan details?

You can follow these steps to check your Mahindra Finance loan details.

  • Visit the official Mahindra Finance website
  • Click on the ‘Login’ option and select the ‘Customer Portal Login’ option
  • On the redirected page, you can log in with your name, customer ID, or account number

Alternatively, you can also visit a Mahindra Finance branch to review your loan details with your application number.

Does Bajaj Finserv provide other recharges apart from mobile recharge?

Yes, Bajaj Finserv also provides other recharge services such as D2H rechargeFASTag rechargeDish TV recharge, and gas booking.

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

Yes, Bajaj Finserv also provides other bill payment services such as electricity bill paymentpostpaid bill paymentbroadband bill payment, credit card bill payment, and piped gas bill payment.

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