Recharge and Pay Bills
Know how to pay InCred loan EMI online
Easily pay InCred loan EMI online with secure and hassle-free transactions. InCred personal loans offer flexible terms, quick approval, and convenient repayment options to meet your financial needs effectively.
Experience the ease of making EMI payments anytime, anywhere, without the hassle of extensive paperwork with Bajaj Pay, the BBPS platform on Bajaj Finserv. The user-friendly platform ensures a simple and welcoming experience, providing customers with swift and hassle-free payment solutions. The Reserve Bank of India (RBI) introduced the BBPS (Bharat Bill Payment System) concept to streamline digital payments, aiming to enhance the efficiency of the payment process.
-
Benefits of paying InCred loan EMI using Bajaj Finserv
Some of the benefits of making InCred loan repayment on the Bajaj Finserv BBPS platform include:
- Quick and hassle-free
With the BBPS platform on Bajaj Finserv, you can repay your InCred loan quickly and effortlessly. - Safe and secure
The Bajaj Finserv BBPS platform is safe and secure. 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 loans offered by InCred
- Personal Loan
- Education loan
- SME business loan
- Merchant loan
Pay bank loans by other lenders
Apart from InCred loan repayment, you can pay EMI for other loan providers across India, such as:
Fees and chargesA 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.
- Quick and hassle-free
Steps to make InCred loan repayment on the Bajaj Finserv app
Making InCred loan repayment on the Bajaj Finserv app is a very easy process. Follow these simple steps to make your payment online:
- Download and install the Bajaj Finserv app from Google Play Store or App Store
- Login with your credentials
- Go to ‘BILLS AND RECHARGES'
- Select ‘LOAN REPAYMENT' under the ‘FINANCIAL SERVICES AND TAXES’ section
- Select ‘INCRED’ as the issuing bank and enter your Loan Agreement Number
- Enter the loan amount and select your preferred payment mode
- Make the payment to repay your loan
Once you have completed the payment, you will receive an e-receipt, which you can keep for future reference.
Steps to make InCred loan repayment on the Bajaj Finserv website
Here is how you can repay InCred loan online on the Bajaj Finserv website:
- Visit the Bajaj Finserv website
- Go to the ‘BILLS AND RECHARGES’ under the ‘PAYMENTS’ section
- Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LOAN REPAYMENT’
- Choose your biller from the drop-down
- Enter your loan account number and click on ‘FETCH YOUR BILL’
- Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
You will receive a notification from Bajaj Finserv after successful payment.
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-approved 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.
Frequently asked questions
Yes, Bajaj Finserv also provides other bill payment services such as:
To check your InCred loan details online, follow these steps:
- Download and install the Bajaj Finserv app from Google Play Store or App Store.
- Log in with your credentials.
- Go to ‘BILLS AND RECHARGES’ and select ‘LOAN REPAYMENT’ under ‘FINANCIAL SERVICES AND TAXES’.
Choose ‘INCRED’ as the issuing bank and enter your Loan Agreement Number.
To check your loan balance, visit the Bajaj Finserv website and follow these steps:
- Navigate to the ‘BILLS AND RECHARGES’ section under ‘PAYMENTS.’
- Select ‘LOAN REPAYMENT’ under ‘FINANCIAL SERVICES AND TAXES.’
Choose your operator, enter your USERNAME, and click ‘FETCH BILL’.
If you forget to make your personal loan installment by the deadline, InCred will charge you a late fee. A late charge, which is a portion of the amount past due, and extra interest on the outstanding balance are usually included in the penalty. The parameters included in your loan agreement will determine the precise amount and interest rate. Missing payments on a regular basis might result in greater fines, a worse credit score, and perhaps legal action from the lender.
Generally, you are not allowed to change the loan length of an InCred personal loan once it has been disbursed. The loan agreement that was executed at the time of disbursement determines the duration. However, you can think about prepaying the loan, subject to any prepayment penalties or limitations, if you would like to change the repayment plan or end the loan early. It is best to speak with InCred's customer support about any particular demands or to look into your choices.
You must be an Indian citizen with a steady source of income and be between the ages of 21 and 60 in order to be eligible for an InCred personal loan. Salaried individuals must fulfill certain income and company stability requirements set by InCred, while self-employed applicants must meet a minimum monthly income requirement as well. A strong credit score is crucial, but your eligibility and the terms of the loan may also be affected by other variables including your job history, current debts, and line of work.
The penalty for late payment on an InCred personal loan typically includes a late fee, which is a percentage of the overdue amount, and additional interest charges on the outstanding balance. It is important to check the specific terms and conditions of your loan agreement to understand the exact penalties applicable.
Generally, once a loan has been disbursed, the tenure cannot be changed. However, you can contact InCred’s customer service to discuss any possible options or restructuring plans that might be available based on your circumstances.
The eligibility criteria for an InCred personal loan usually include factors such as age, income, employment status, and credit score. Applicants typically need to be between 21 and 60 years old, have a stable income source, and a good credit history. Specific requirements may vary, so it is advisable to check InCred’s official guidelines or consult with their representatives for detailed information.
