AU Bank Loan Repayment

AU Bank Private Limited offers a range of financial solutions, and for a seamless experience, Shriram Finance stands out. Shriram Finance streamlines loan processes and provides an integrated platform, leveraging the Bharat Bill Payment System (BBPS) for easy and secure bill payments. This approach ensures that customers can efficiently manage their finances and benefit from comprehensive services.

About AU Bank

AU Small Finance Bank provides banking and financial services to individuals, micro and small businesses, and retail customers. The organization focuses on financial inclusion and serving the needs of small and semi-urban businesses and individuals.

How to Pay My AU Bank Loan Repayment with Shriram Finance?

Here is a step-by-step guide to pay AU Bank Loan EMIs Online with Shriram Finance:

1. Visit the Shriram Finance website.
2. Navigate to the main menu and click on "Payments," then opt for "BBPS."
3. Under "Financial Services & Tax" category select "Loan Repayment."
4. Select "AU Bank" - Enter the Loan Number and click on "Proceed."
5. Verify the mobile number and click "Continue."
6. Enter the 6-digit OTP and click "Verify and Continue."
7. Review your AU Bank Loan EMI Payment online details and click on "Pay."
8. Choose a preferred payment method, enter the required Loan Details and complete the payment.

Why Choose Shriram Finance for My AU Bank Loan Repayment?

Choosing Shriram Finance for AU Bank Loan Repayment offers several benefits:

1. Convenience: Shriram Finance provides a user-friendly and convenient AU Bank Loan Repayment platform, making managing your financial obligations easy.
2. Quick and Easy: The process is streamlined, ensuring a hassle-free, quick-pay experience.
3. Access to Multiple Services: Shriram Finance offers additional financial services or products, allowing you to access various financial solutions conveniently in one place.

How to Download My AU Bank Loan EMI Payment Receipts?

Shriram Finance offers two convenient options to download your AU Bank statements online:

1. New Users: After completing your AU Bank Loan Repayment, click the 'Download Receipt' button.
2. Existing Users: If you are already a registered user, login to your Shriram Finance Customer Portal, go to your profile, and then access 'Transaction History.' From there, you can easily select the 'Download Receipt' option.

Benefits of Using Shriram Finance for My AU Bank Loan Repayment

When it comes to AU Bank Loan Repayment, using Shriram Finance as your platform offers several significant benefits:

1. Security: Shriram Finance ensures the security of your premium payment, and processing your AU Bank EMI Payments online safely and securely.
2. User-Friendly Interface: The platform offers a user-friendly interface, making it easy to navigate and complete your EMI payments conveniently.
3. All-in-One Platform: Shriram Finance provides access to various financial services, allowing you to manage your AU Bank Loan EMI Payment and other financial needs in one place.
4. Timely Reminders: You can expect timely reminders to Pay EMI Overdue Loan Payments before the due dates, helping you to stay on top of your payments and avoid late fees.

How to Check My AU Bank Loan Repayment History?

Shriram Finance offers two convenient options to check your loan repayment history:

New Users:

a) After completing your AU Bank Loan Repayment, click the 'View Transaction History' button.

b) Sign up with your Name, Mobile Number, e-mail ID, and mPIN.

c) You will be redirected to the Shriram Finance Customer Portal.

d) Go to your profile and click 'Transaction History' to check your AU Bank Loan Repayment history.

Existing Users

If you are already a registered user, login to your Shriram Finance Customer Portal, go to your profile, and then access 'Transaction History' to check your AU Bank Loan Repayment history.

List of Payment Methods Available for AU Bank Loan Repayment on Shriram Finance

Shriram Finance offers convenient online payment options, including debit cards, net banking and much more. For added flexibility, you can also raise collect requests.

What If My AU Bank Loan Repayment Fails?

If your AU Bank loan repayment fails, you need not worry. Choose from the below options:

Contact: Reach out to the bank or the service provider through which you made the transaction. You must confirm the transaction made and resolve the issue of payment failure.

Raise a Request: You can raise a request from the same page using the "Raise a Request" link provided in the receipt.

Alternatively, choose from the below options that apply to you and follow the steps mentioned for that option.

• Existing User: If you are an existing user, you can login to your Shriram Finance customer portal, and visit the "My Profile" section to "Raise a Request."
• New User: If you are a new user, sign up using your name, mobile number, e-mail ID, and mPIN. Thereafter, visit the "My Profile" section to "Raise a Request."
• Specific Transaction: To raise a request for a specific transaction, navigate to "Transaction History," choose the specific transaction, click on "Need Help," to provide the necessary details, and click "Submit."

Customer Support: Call on AU Bank customer care contact number or our customer support team for assistance with the right documents, as we can guide you through the troubleshooting process and help you resolve any billing issues.

What Happens If I Don't Pay My AU Bank Loan Repayment EMI on Time?

Failing to Pay AU Bank EMI on time can result in consequences that may negatively impact one's credit score. One of the most significant consequences is that your credit score can be negatively affected. Credit bureaus report late or missed payments, potentially lowering your credit score. A lower credit score can make it more challenging to secure instant loans or credit in the future and may result in higher interest rates on any credit you obtain.

You may incur late payment charges, based on the specific terms and conditions of AU Bank.

In extreme cases where a significant amount remains unpaid for an extended period, AU Bank might, at its discretion, initiate legal proceedings. Hence, it is important to settle your loan amount on time.

How to Check My AU Bank Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check your AU Bank Loan Repayment Status:

New Users:

a) Click the "View Transaction History" button after completing your AU Bank Loan EMI Payment online.

b) Register using a name, mobile number, email address, and mPIN.

c) You will be redirected to the Shriram Finance Customer Portal.

d) Visit your profile, select "Transaction History," and check the status of your most recent AU Bank Loan Repayment.

Existing Users: If you have already signed up, login to the Shriram Finance Customer Portal, select your profile, and then access "Transaction History" to see the status of your most recent AU Bank Loan Repayment.

Know the Types of Loans Provided by AU Bank

AU Bank offers a variety of loans to meet the financial needs of its customers, including:

• Personal loans: AU Bank offers personal loans for various purposes, such as debt consolidation, home renovation, or medical expenses. Personal loans from AU Bank come with interest rates starting at 11.99% per annum.
• Home loans: AU Bank offers home loans for the purchase of new or used homes and for the construction or renovation of homes. Home loans from AU Bank come with interest rates starting at 8.75% per annum.
• Vehicle loans: AU Bank offers auto loans to help customers purchase new or used cars. Vehicle loans from AU Bank come with interest rates starting at 9.75% per annum.

How to Calculate AU Bank Loan Repayment?

To calculate AU Bank Loan Repayment online, follow these steps:

1. Access AU Bank's website or app.
2. Enter the loan EMI amount.
3. Choose the loan tenure.
4. Input the interest rate.
5. AU Bank will provide you with the EMI (Equated Monthly Instalment) amount.
6. AU Bank loan prepayment online EMI calculation can also be used for a quick estimate.

Ensure you meet the eligibility criteria before applying online.

What Happens If I Miss an EMI Payment on My Loan?

If you miss an EMI payment on your loan, you may face the following consequences:

• Late fee charges may apply.
• Negative impact on your credit score.
• Loan settlement may be affected.
• Interest may accrue.

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