Wheelsemi, a notable specialist in Indian two-wheeler financing, offers a wide range of services for individuals seeking to purchase new or used two-wheelers. The company provides convenient and prompt two-wheeler loans, featuring attractive interest rates, flexible repayment terms, and affordable EMIs. The repayment process is streamlined for ease, allowing customers to pay online through Wheelsemi's dedicated payment portal. Additionally, Wheelsemi facilitates peer-to-peer financing, enabling individuals to finance two-wheelers obtained from friends or relatives. With a widespread presence covering 140+ locations across India, Wheelsemi has successfully disbursed loans totaling over 2940+ crores to a substantial customer base exceeding 50,0000+ individuals.

For enhanced financial tracking and management, customers have the option to utilise the BBPS platform on Bajaj Finserv for timely repayment of their loans.

Other loan repayments across India

Bajaj Finserv also allows you to repay for other loan providers across India such as Manappuram Finance, IIFL, IDFC First Bank, Hero Fincorp, Muthoot Finance, ICICI Bank, Axis Bank, Mahindra Finance, and many more.

Benefits of repaying Wheelsemi loan on Bajaj Finserv


Here are the benefits of repaying Wheelsemi loan using the BBPS platform on Bajaj Finserv:

1. Quick and hassle-free
   With the Bajaj Finserv BBPS platform, you can repay your Wheelsemi loan quickly and effortlessly.
   
2. 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.
   
3. 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.
   
4. Instant confirmation
   After making the payment, the platform immediately confirms the payment through an email and SMS.

Types of loan by Wheelsemi


Wheelsemi offers a variety of loans catering to different needs for two-wheelers. The loan types include:

• New two-wheeler loan: Designed for the purchase of a new two-wheeler, this loan is provided by Bike Bazaar, a subsidiary of Wheelsemi Pvt Ltd. Applications for this loan can be submitted through their website.
• Used two-wheeler loan: Tailored for those looking to buy a used two-wheeler, this loan is offered by Bike Bazaar, and applications can be made on their website.
• Electric two-wheeler loan: Specifically designed for the purchase of electric two-wheelers, this loan is provided by Bike Bazaar, with the application process available on their website.
• Refinance of vehicle: This loan serves short-term finance needs by allowing individuals to avail a loan against their existing vehicle. Applications for this loan can be made on the company's website.
• Peer-to-peer loan: Geared towards financing two-wheelers acquired from friends or relatives, this loan can be applied for through their website.

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.

You can repay a Wheelsemi loan online using the Bajaj Finserv app by following these steps:

1. Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
2. Open the app, log in, or register if you are a new user
3. Go to ‘BILLS AND RECHARGES’
4. Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LOAN REPAYMENT'
5. Choose your biller from the drop-down
6. Enter your loan number and click on ‘FETCH YOUR BILL’
7. Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
8. After choosing your preferred payment mode, enter the requested payment details
9. Check the details you entered and click on 'PAY NOW’

You will receive a notification from Bajaj Finserv after successful payment.

Steps to repay Wheelsemi loan online on the Bajaj Finserv website

Here is how you can repay Wheelsemi loan online on the Bajaj Finserv website:

1. Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/
2. Go to the ‘BILLS AND RECHARGES’ under the ‘PAYMENTS’ section
3. Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LOAN REPAYMENT’
4. Choose your biller from the drop-down
5. Enter your loan number and click on ‘FETCH YOUR BILL’
6. Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
7. After choosing your preferred payment mode, enter the requested payment details
8. Check the details you entered and click on 'PAY NOW’

You will receive a notification from Bajaj Finserv after successful payment.