Purchasing your dream car is easy with car loans offered by Bajaj Finance. With Bajaj Finserv Used Car Loan, you can get a high-value loan to fund the purchase of a second-hand car. However, if you’re looking to purchase a brand-new car, you can opt for our new car finance.
Like any other loan, if you’ve opted for either of these car loans, you’ll repay it in small monthly instalments. These equated monthly instalments (EMIs) get deducted from your registered bank account on a pre-set date.
When you miss paying your EMI because of any technical issue or due to a lack sufficient balance in your bank account, the missed instalment is known as an overdue EMI. Additional bounce charges are levied on your overdue EMI, and you have to pay these additional charges while you clear your overdue instalment. You can check the list of fees and charges to know more about the applicable penal charges.
Our feature-rich customer portal – My Account offers a host of self-service options such as document download, loan payment and more. If you have an overdue EMI, you can pay it easily using our loan payment services.
Follow these simple steps to clear your overdue instalment:
- 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.
- Enter the required details, review the additional charges if applicable and proceed.
- Use our secured gateway to complete your overdue payment.
You can also download our app from the Play Store or the App Store and pay your overdue EMI on the go.
An overdue EMI not only results in additional penal charges but also impacts your CIBIL Score negatively. Therefore, it’s advisable to maintain a sufficient balance in your bank account to avoid any missed EMIs.
