Axis Finance Limited Loan Repayment

Axis Finance Limited is a renowned non-banking financial company (NBFC) in India, offering a wide array of financial products and services to meet the diverse needs of customers.

At Shriram Finance, we understand the importance of managing your Axis Finance loan repayment with ease, convenience, and security. Our Bharat Bill Payment System (BBPS) service allows you to effortlessly handle all aspects of your loan repayments to Axis Finance Limited. With Shriram Finance, you can experience the speed, simplicity, and accessibility of managing all your bills and payments in one place.

About Axis Finance Limited

Axis Finance Limited (AFL), a subsidiary of Axis Bank, is a fast-growing finance company in India. Specialising in corporate and retail financial solutions, AFL provides corporate loans, collateralised loans, real estate financing, and property loans. With a nationwide presence and a decentralised lending approach, the company ensures efficient and accessible financial services for a diverse range of customers.

How to Pay My Axis Finance Loan Repayments with Shriram Finance?

Follow this simple step-by-step guide to manage your Axis Finance loan repayments:

1. Login to the Shriram Finance website.
2. Navigate to the main menu and click on "Payments," then opt for "BBPS."
3. Choose the "Financial Services & Tax" category and select "Loan Repayment."
4. Choose "Axis Finance Limited"
5. Enter the Loan number and click "Proceed."
6. Verify that your mobile number is correct and click "Continue."
7. Enter the 6-digit OTP sent to your registered mobile number and click "Verify and Continue."
8. Review your loan details and click "Pay."
9. Select your preferred payment method, such as debit card, net banking, or Shriram One UPI, and complete the payment.

Why Choose Shriram Finance for My Axis Finance Loan Repayment?

Some of the key advantages of choosing Shriram Finance for your Axis Finance loan repayments are:

Convenience: With our user-friendly interface, you can easily navigate through the website and make quick Axis Finance loan EMI payments online at any time, from anywhere.

Quick and Easy: Our step-by-step process ensures a seamless experience while making your Axis Finance loan EMI Payment. It only takes a few minutes to complete your transaction.

Access to Multiple Services: In addition to Axis Finance loan repayment, you can also access a wide range of bill payment services for various utilities, insurance premiums, and more, all in one place.

How to Download My Axis Finance Loan Repayment Receipts Online?

Downloading your Axis Finance loan repayment receipts is easy with Shriram Finance. Choose the option that suits you and follow the specific instructions given below:

New Users: After completing your Axis Finance loan repayment, click the "Download Receipt" button provided on the page.

Existing Users: If you are already a registered user, login to your Shriram Finance customer portal, visit your profile and access the "Transaction History" section. Here, you can easily select the "Download Receipt" option.

Benefits of Using Shriram Finance for My Axis Finance Loan Repayment

Below are some of the key benefits of using Shriram Finance for your Axis Finance loan repayment:

Security: We prioritise the security of your transactions and personal information. Our platform ensures secure payment gateways and protection against unauthorised access.

User-friendly Interface: Our website is designed with simplicity in mind. Easily navigate through different sections and complete your Axis Finance loan repayments with just a few clicks.

All-in-One Platform: With Shriram Finance, you can manage all your bills and payments in one place. Say goodbye to multiple platforms and enjoy the convenience of a single integrated platform.

Timely Reminders: Never miss another due date. We provide timely reminders for your Axis Finance loan EMI payment online so that you stay on track with your repayment schedule.

How to Check My Axis Finance Loan Repayment Transaction History?

Shriram Finance offers two convenient options to check the transaction history for your Axis Finance loan EMI repayments. Choose the one that applies to you:

New Users

• After completing your loan repayment, click the "View Transaction History" button.
• Sign up using your name, mobile number, e-mail ID, and mPIN.
• You will be redirected to the Shriram Finance customer portal.
• Visit your profile and click "Transaction History" to check the transaction history for your recent payments.

Existing Users

• If you are already a registered user, login to your Shriram Finance customer portal.
• Visit your profile and access "Transaction History" to check the transaction history for your recent payments.

What Payment Methods Can I Use for My Axis Finance Loan Repayments?

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 Axis Finance Loan Repayment Fails?

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

Contact: Reach out to Axis Finance or contact the bank 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 "Need Help," to provide the necessary details, and click "Submit."

Customer Support: Reach out to our customer support team for assistance, as we can guide you through the troubleshooting process and help you resolve any billing issues.

What Happens If I Do Not Pay My Axis Finance Loan Repayment on Time?

If you do not pay your Axis Finance loan EMI payment online on time, it may result in the following consequences:

Late Payment Charges: Failure to pay your Axis Finance loan EMI on time may result in late payment charges as per Axis Finance's terms and conditions.

Legal Action: In extreme cases where a significant amount remains unpaid for an extended period, Axis Finance may initiate legal proceedings at its discretion.

Negative impact on credit score: Failing to make timely loan repayments can lower your credit score, making it difficult to secure future credit or loans, as it signals a higher credit risk to lenders.

How to Check My Axis Finance Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check the payment status for your Axis Finance loan repayments. Choose the one that applies to you.

New Users: Click the “View Transaction History” button after completing your Axis Finance loan repayment online, Here, you must enter your name, e-mail address, mobile number, and mPIN to register. After successful registration, you will be redirected to the Shriram Finance customer portal. Go to your profile, click on "Transaction History," and check the status of your most recent loan repayment.

Existing Users: Go to your profile on the Shriram Finance customer portal, click "Transaction History," and check the status of your most recent loan repayment.

Know the Types of Loans Provided by Axis Finance

Axis Finance offers various types of loans, including:

Personal Loan: Be it for a medical emergency, planning a much-needed family vacation, school fee, or more, we offer straightforward financial solutions.

Business Loan: We provide an ideal solution for borrowers in need of funds to meet immediate cash flow needs, purchase machinery, or grow their business.

Home Loan: We offer loans for purchasing an apartment, residential plot, constructing a new house, renovating, or extending an existing house.

How Can I Calculate Axis Finance Loan Repayments?

To calculate Axis Finance loan repayment, follow these steps:

1. Visit Axis Finance's website or app to initiate the loan repayment process.
2. Enter the desired loan amount for calculation.
3. Choose your preferred loan tenure duration.
4. Input the applicable interest rate for accurate EMI computation.
5. Axis Finance's system will provide the calculated monthly EMI amount.
6. Utilise online EMI calculators for a quick estimation if needed.

Ensure eligibility by reviewing the specified criteria before submitting your application.

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

Missing an EMI payment online can have consequences. These may include late payment charges, a negative impact on your credit score, and potential difficulties in obtaining future loans. You must contact Axis Finance Limited's customer support immediately to discuss your situation and explore possible solutions.

Download Shriram One App Now

Experience the ultimate convenience of managing all your bills, recharges, and bookings on the go. Download the Shriram One app now either from the Play Store or App Store, and simplify your life with hassle-free payments at your fingertips.