Pay your consumer durable loan EMIs in My Account

When you activate your Insta EMI Card, you need to complete your e-mandate by registering a bank account. This registered bank account is your repayment bank account for all the purchases you made using your Insta EMI Card. Your consumer durable loan EMIs get deducted from this bank account on a pre-set date every month.

However, if you have surplus funds and wish to pay an EMI in advance or foreclose your loan, you can visit our customer portal.

Advance EMIs, foreclosure, and overdue EMIs

In case you fear missing your EMI due date, you can use our advance EMI facility and pay your monthly instalment before time. This facility helps you in avoiding any penal charges applicable in case of missed EMIs and ensures your CIBIL Score remains unaffected. If you’ve missed out on any of your consumer durable loan EMIs, your Insta EMI Card might also get blocked.

You can pay the entire outstanding amount in one go with the foreclosure facility and close your consumer durable loan early. You can foreclose your loan account without paying any additional charges after your first EMI is paid.

If you’ve missed paying your monthly instalment, you can use the overdue EMI facility to clear your dues.

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  Make your consumer durable loan payments

  You can pay an EMI in advance, clear your overdue instalment, or foreclose your loan in My Account.

  • Visit our customer portal by clicking the ‘Sign-in’ button on this page.
  • Enter your registered mobile number, and submit the OTP to sign-in.
    
  • Verify your details with your date of birth and proceed.
    
  • Choose the payment option from the list and select the loan account for which you want to make payments.
  • Enter the amount and, if applicable, review the additional charges.
  • Click on ‘Proceed’ to complete your payment using our secured payment gateway.

  
  You can also manage your loan repayment by clicking on ‘Pay your consumer durable loan EMIs’. You’ll be asked to sign-in to My Account. Then, choose the payment type, select your loan account number, and proceed with the payment.

  Disclaimer: Please note that the amount paid by you towards Advance EMI is applied for repayment of your monthly EMI only and is not to be treated as part-prepayment or foreclosure of the loan, irrespective of the loan variant availed by you. No interest is payable by BFL on the advance EMI amount paid by you.

  Pay your consumer durable loan EMIs

Our customer portal My Account offers you multiple payment options to manage your loan. You can sign-in with your mobile number and date of birth and repay your loan EMIs.