Recharge and Pay Bills
Snapmint loan repayment online on Bajaj Finserv
Snapmint, as a digital lending platform, caters to a variety of needs including travel, education, and home renovation by offering loans. Enjoy the flexibility of choosing loan durations that suit your preferences, ranging from short to extended periods, all under the capped Annual Percentage Rate (APR) of 35%.
Repaying your Snapmint loan has now become easy with Bajaj Pay, the BBPS platform on Bajaj Finserv. With our secure payment gateway, you can have complete peace of mind knowing that your payment information is always kept safe and secure. Bajaj Finserv offers a simple and hassle-free loan repayment process that saves you both time and effort.
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Benefits of repaying Snapmint loan online on Bajaj Finserv
Here are the benefits of repaying Snapmint loan using the BBPS platform on Bajaj Finserv:
- Quick and hassle-free
With the Bajaj Finserv BBPS platform, you can repay your Snapmint loan quickly and effortlessly.
- Safe and secure
Bajaj Finserv provides a safe and secure payment platform on BBPS. Your payment details are secure with the platform’s robust security measures.
- Multiple payment options
The Bajaj Finserv BBPS platform 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 through an email and SMS.
Steps to check Snapmint EMI due?
Here is how to check your Snapmint dues on Bajaj Pay:
- Open the Bajaj Pay app and navigate to the 'Recharge & Bill Payments' section.
- Select 'Loan Repayments' from the available options.
- Choose 'Snapmint' as your loan provider.
- Enter your loan account number and mobile number.
- Click 'Continue' to view your Snapmint payment details.
That is it! Your due amount will be displayed instantly.
Fees and charges
A 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, is reversed.
Other loan repayments across India
- Quick and hassle-free
Steps to repay Snapmint loan online on the Bajaj Finserv app
You can repay a Snapmint loan online using the Bajaj Finserv app by following these steps:
- Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
- Open the app, log in, or register if you are a new user
- Go to ‘BILLS AND RECHARGES’
- Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LOAN REPAYMENT’
- Choose your biller from the drop-down
- Enter your loan 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.
Steps to repay Snapmint loan online on the Bajaj Finserv website
Here is how you can repay Snapmint 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 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
Failure to pay your Snapmint loan EMI promptly results in a late payment fee, the amount of which is determined by the loan amount and the duration of the overdue payment. Persistent non-payment may have adverse effects on your credit score and could lead to legal action.
The interest rates for Snapmint loans vary between 16% to 35%, depending on both the loan amount and the chosen tenure. The maximum Annual Percentage Rate (APR) is capped at 35%.
Yes, Snapmint allows its premium customers who make advance or on-time payments to take a Personal Loan of up to Rs. 40,000. The loan tenures can vary from 3 to 12 months, with an annual percentage rate (APR) ranging from 16% to 35%.
Yes, Snapmint is an RBI-licensed Non-Banking Financial Company (NBFC). It complies with all digital lending guidelines set by the Reserve Bank of India.
Snapmint is a legitimate platform. It operates as an NBFC licensed by the RBI and maintains a 100% compliance rate. However, some customer reviews suggest mixed experiences, so it is essential to exercise due diligence when using their services.
If you do not pay your Snapmint EMI, several consequences may follow:
Late payment fees: You will incur late payment fees, which will increase your overall debt.
Negative impact on credit score: Non-payment can negatively affect your credit score, making it harder to obtain loans in the future.
Collection actions: Persistent non-payment may lead to collection actions, where Snapmint may engage collection agencies to recover the outstanding amount.
Snapmint offers personal loans with interest rates ranging from 16% to 35% APR. For the lowest interest rates, it is advisable to maintain a good credit score and make timely payments. Additionally, Snapmint provides no-cost EMI options on various products, which can be a cost-effective way to finance your purchases.
Snapmint typically does not allow skipping an EMI payment, as regular monthly payments are required. Missing a payment may lead to late fees, increased interest, or a negative impact on your credit score. However, if you’re facing financial challenges, it is best to contact Snapmint's customer support to discuss possible solutions or extensions they might offer based on your situation.
A 1-day late payment usually does not impact your CIBIL score. Most loan providershave a grace period, often around 1-5 days, before reporting late payments to credit bureaus. However, consistently missing payment deadlines, even by a day, may lead to late fees and could affect your score if it becomes a pattern. It’s best to make payments on or before the due date to avoid any risk.
The number of loan payments you can miss without severe consequences varies by loan provider and loan type. Typically, after one missed payment, lenders may charge late fees. Missing two or more consecutive payments can trigger penalty fees, increased interest, or even a negative impact on your credit score. By the third or fourth missed payment, lenders may classify your loan as "delinquent" or "in default," potentially leading to legal action or repossession, depending on the loan type.
