TVS Credit loan repayment online on Bajaj Finserv
TVS Credit, a subsidiary of TVS Motor Company, is a prominent non-banking financial company (NBFC) in India. Established in 2008, it focuses on providing diverse financial solutions, including two-wheeler loans, rural vehicle financing, and personal loans. With an extensive network of branches and partners, TVS Credit caters to urban and rural customers, contributing to increased vehicle ownership and financial inclusion. The company's customer-centric approach, simplified processes, and competitive interest rates have solidified its position as a trusted financial partner, empowering individuals and businesses to realise their mobility and financial aspirations.
Repaying your TVS Credit loan online is now easy and comfortable with Bajaj Pay. The Bajaj Finserv BBPS platform is a holistic ecosystem governed by the Reserve Bank of India that has streamlined online transactions while ensuring the reliability and safety of payments. Using the BBPS facility on Bajaj Finserv, you can complete your loan repayment quickly and conveniently.
Whether you have a two-wheeler loan, a rural vehicle loan, or a personal loan, you can manage your TVS Credit loan payment seamlessly through the Bajaj Finserv BBPS platform. The process for TVS Credit loan payment is designed to be user-friendly, ensuring that you can handle your financial obligations without any hassle. By leveraging the BBPS facility, you can make your TVS loan payment from the comfort of your home, avoiding the need to visit a physical branch.
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Steps to repay TVS Credit loan online on the Bajaj Finserv website:
Here is how you can repay TVS Credit 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.
Benefits of TVS Credit
- Fast approvals to car loans, two-wheeler loans, and more.
- Convenient and easy payment options.
- Loans can be repaid in small installments on commercial vehicles.
Details required for TVS Credit loan repayment
To pay the loan instalment the customer requires the following details:
- TVS loan number
- Registered mobile number
Benefits of making TVS Credit loan payment on Bajaj Finserv
- Safe and secure
The Bajaj Finserv BBPS provides a safe and secure payment platform. Your payment details are secure with the platform’s robust security measures. - Multiple payment channels
Choose your preferred mode of payment from a wide variety of available options such as debit/credit card, net banking, e-wallet, and UPI. - Easily accessible
Pay your loan EMIs seamlessly from anywhere, anytime. - Instant billing
Receive instant bill receipts and transaction IDs for all your successful payments.
Pay loan EMIs for other lenders
Following are the lenders you can make loan repayment for using the BBPS platform on Bajaj Finserv
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.
Recharge and Pay Bills
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.
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- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
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- Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
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- Use specialised tools like EMI calculators, SIP Calculators
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Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
Frequently asked questions
For personal loan the processing fee ranges from 2 to 5 percent of the loan and for instant personal loan the interest is comparatively lower.
You can check your EMI status by visiting the TVS Finance website or mobile app. Log in using your loan credentials, navigate to the "EMI Details" section, and view your current status. Alternatively, you can contact customer care for assistance with your EMI details.
To check your monthly EMI, log in to your lender's online portal or app. Access the "Loan Details" or "EMI Schedule" section to view the EMI amount. You may also refer to your loan sanction letter or contact customer support for clarification.
Download your lender’s mobile app, log in using your registered credentials, and navigate to the loan section. Select your loan account to view EMI details. Alternatively, you can check EMI details through SMS or email notifications from your lender.
Yes, you can prepay your TVS Credit loan as per the foreclosure terms in your agreement document.
The finance amount limit is based on the profile of the customers and factore like their CIBIL score, income etc.
TVS Credit ensures a swift and hassle-free loan disbursement process. For personal loans, the loan amount is typically disbursed within 24 hours of approval. The process is efficient, and you can expect same-day disbursal using the TVS Credit Saathi App.
If you fail to repay your consumer durable loan, several consequences may arise:
Late payment charges: You will incur late payment fees.
Negative impact on credit score: Non-payment affects your credit score, making it harder to secure future loans.
Legal action: Lenders may take legal action to recover the outstanding amount.
Asset seizure: In extreme cases, the lender may seize the purchased durable goods.
It is crucial to communicate with the lender if you face difficulties in repayment.
You can reach TVS Credit via WhatsApp at +91 6385172692.
For any loan-related queries, you can contact TVS Credit’s customer care at 044-66-123456.
