How to pay advance EMI for car loans

Read our detailed guide to know the steps to make an advance EMI payment.
How to pay advance EMI for car loans
5 min read
16 January 2024

Car loans have become a financial cornerstone for individuals who are aspiring to own a vehicle. These loans offer a convenient way to fund the purchase of cars, providing you with the flexibility to repay the amount over a fixed tenure. To cater to the needs of the customers, Bajaj Finance offers two types of car loans – used car loans and new car finance. If you’re looking to purchase a second-hand car, you can opt for a used car loan. However, if you have a requirement for a brand-new car, opting for new car finance will be a perfect solution for your funding needs.

Bajaj Finance also extends its digital customer services to existing car loan customers. If you’ve opted for either of these car loans, you can access a host of self-service options on our customer portal – My Account.

From document downloads to checking your car loan details, our feature-rich customer portal allows you to manage your loan account with ease. It also facilitates your loan repayment by providing you with a host of payment options. This includes part-prepayment, advance EMI payment, foreclosure, and overdue payment.

With the advance EMI payment option, you can pay your monthly instalment before its due date. If you have a fear of missing any of these car loans’ upcoming EMI, you can make advance EMI payments by following these simple steps.

  • Click on the ‘Sign-in’ button on this page to go to our customer portal – My Account.
  • Enter your registered mobile number and the OTP to sign-in.
  • Verify your details by entering your date of birth and proceed.
  • Select the loan account for which you want to make payment.
  • Choose ‘Advance EMI’ as the payment option and proceed to make payment.

Sign-in

You can also pay advance EMI for new car finance or used car loans by using our app. Visit the Play Store or the App Store and download the Bajaj Finserv app today.

Disclaimer

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