Discover the process of making online payments for your Bazaari Finance loan. This article provides a simple guide for managing your loan payments online through the Bajaj Finserv BBPS Platform.
You can easily pay your loan EMIs here.
How to make Bazaari Finance loan payment online
Managing your loan payments efficiently is crucial to maintaining a healthy financial life.
Bazaari Finance, a registered Non-Banking Finance Company (NBFC) with the Reserve Bank of India, has been serving customers since 1995. They specialise in providing secured financial solutions for two-wheelers and small enterprises. Their offerings include two-wheeler loans, small enterprise finance, and a unique loyalty finance product for existing borrowers. With a focus on accessibility, transparency, and trust, Bazaari Finance aims to promote financial growth and support its diverse clientele.
In this article, we will explore how you can conveniently pay your Bazaari Finance loan EMIs online, check your loan statement, and find verified contact details for payment-related issues.
How to pay loan EMI online?
Paying your Bazaari Finance loan EMI online is now easier than ever with the Bajaj Finserv BBPS Platform.
The Bajaj Finserv BBPS platform simplifies online loan repayment and offers several advantages. Some of the most prominent ones are:
- Multiple payment options: The BBPS platform provides flexibility by allowing borrowers to pay their Bazaari Finance loan EMIs through various channels. Whether it is net banking, credit cards, debit cards, or UPI, you can choose the method that suits you best.
- Enhanced security: Security is paramount when dealing with financial transactions. The BBPS platform ensures encrypted and secure payment gateways, safeguarding your sensitive information during the process.
- Instant receipts: No more waiting for manual updates. With BBPS, you receive instant payment confirmation and digital receipts. This transparency helps you keep track of your payments effortlessly.
Steps to make Bazaari Finance loan payment on the Bajaj Finserv website
Follow the below steps for making loan payment via the Bajaj Finserv BBPS platform:
- Visit the Bajaj Finserv website.
- Navigate to the ‘BILLS AND RECHARGES’ section under ‘PAYMENTS.’
- Select ‘LOAN REPAYMENT’ under ‘FINANCIAL SERVICES AND TAXES.’
- Select your operator from the drop-down menu
- Enter your ‘USERNAME’ and click on ‘FETCH BILL’
- Select a payment method from the list of available payment options such as credit card, debit card, UPI, e-wallet, and net banking
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
Offline Bazaari Finance loan repayment
While online payments are convenient, some borrowers prefer offline methods.
If you choose to visit a bank branch for loan repayment, follow these steps:
- Locate the nearest Bazaari Finance branch
- Visit the branch during working hours
- Provide your loan account details
- Pay your EMI in person
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How to check Bazaari Finance loan statement
Keeping track of your loan transactions is essential. To check your Bazaari Finance loan statement, follow these steps:
- Visit the Bazaari Finance website
- Log in to your account
- Look for the option to view your loan statement
- Download the statement for your records
Contact details for payment-related issuesIf you have any payment-related queries or concerns, reach out to Bazaari Finance using the following contact details:
- Customer care: Call +91 9694022000 to get in touch with Bazaari Finance grievance redressal cell.
- Email: Share your concerns via email on customercare@bazaarifinance.com.
- Visit the Bazaari Finance website
Recharge and Pay Bills
Frequently asked questions
Missing an EMI payment deadline can have consequences. Bazaari Finance typically charges a late fee for delayed payments. It is essential to pay your EMIs promptly to avoid penalties and maintain a good credit history.
The late payment charges vary depending on the loan type and the specific terms of your agreement. Generally, it includes a percentage of the overdue amount. To get accurate details, refer to your loan agreement or contact Bazaari Finance directly.
If your payment is debited but not reflected in the Bazaari Finance app, follow these steps:
Wait: Sometimes, there might be a delay in updating the payment status.
Check bank statement: Verify if the amount has been deducted from your bank account.
Contact customer support: Reach out to Bazaari Finance’ customer care with transaction details. They can investigate and update your payment status.
Yes, you can pay your Bazaari Finance loan using cash. Visit the nearest Bazaari Finance branch and make the payment in person. Ensure you receive a proper receipt for your records.
To set up a National Automated Clearing House (NACH) mandate for automatic EMI deductions:
- Visit your bank branch
- Fill out the NACH mandate form
- Provide necessary details, including your Bazaari Finance loan account number
- Submit the form to authorise automatic deductions from your bank account
