Finova Capital Private Ltd Loan Repayment

Shriram Finance streamlines your loan processes and provides an integrated platform, the Bharat Bill Payment System (BBPS), for easy and secure bill payments.

About Finova Capital

Finova Capital, an Indian non-banking financial company (NBFC), offers loans and financial services. They focus on assisting SMEs, women entrepreneurs, and micro-businesses to start or expand their ventures. The company is headquartered in Jaipur and provides loans to both the urban and rural population to meet their productive requirements in starting or growing an existing business.

How to Pay My Finova Capital Loan Repayment on Shriram Finance?

Here is a step-by-step guide to make quick and easy Finova Capital EMI payments 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 "Finova Capital Loan" - Enter the loan number and click on "Proceed.”
5. Verify if the mobile number is correct and click on "Continue."
6. Enter the 6-digit OTP and click on "Verify and Continue."
7. Review your Finova Capital loan payment details and click on "Pay."
8. Choose a preferred payment method, enter the required details, and complete the payment.

Why Choose Shriram Finance for My Finova Capital Loan Repayment?

Choosing Shriram Finance for your Finova Capital loan repayment offers several benefits:

1. Convenience: Shriram Finance provides a user-friendly and convenient platform for Finova Capital loan repayment, making it easy to manage your financial obligations.
2. Quick and Easy: The process is streamlined, ensuring your Finova Capital Loan quick pay experience is hassle-free.
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 Finova Capital Loan EMI Payment Receipts?

Shriram Finance offers two convenient options to download your Finova Capital Loan Statements online:

1. New Users: After completing your Finova Capital loan repayment, click on 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 Finova Capital Loan Repayment

Using Shriram Finance to pay Finova Capital loan EMIs online comes with several benefits:

1. Security: Shriram Finance prioritises the security of your financial transactions, ensuring that your online Finova Capital EMI payment is processed 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, all in one place.
4. Timely Reminders: You can expect timely reminders to pay Finova Capital Loan EMIs online before the due dates.

How to Check My Finova Capital Loan Repayment History?

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

New Users:

a) After completing your Finova Capital loan payment, click on the 'View Transaction History' button.

b) Sign up using your name, mobile number, email 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 Finova Capital 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 loan repayment history.

List of Payment Methods Available for Finova Capital 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 Finova Capital Loan Repayment Fails?

Contact the service provider or Bank: If your Finova Capital loan repayment fails, call the service provider or bank to inquire about the issue and explore possible resolution options.

Raise a request: If your loan repayment fails after completing the transaction, you can request from the same page using the 'Raise a Request' link in the receipt.

Alternatively,

• If you are an existing user, login to your Shriram Finance Customer Portal, visit the 'My Profile' section, and then 'Raise a Request'.
• If you are a new user, sign up using your name, mobile number, email ID, and mPIN. Then, visit the 'My Profile' section to 'Raise a Request'.
• If you want to raise a request for a specific transaction, you can navigate to "Transaction History" and choose the particular transaction, click on the "Need Help" button, provide the necessary details of failure, and click "Submit".

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

What Happens If I Don't Make My Finova Capital Loan Repayment on Time?

Failing to pay Finova Capital Loan EMIs online on time can result in consequences that may negatively impact your credit score. Late or missed payments are reported to credit bureaus, which can lower 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 Finova Capital.

In extreme cases where a significant amount remains unpaid for an extended period, Finova Capital might, at its discretion, initiate legal proceedings.

How to Check My Finova Capital Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check your Finova Capital loan repayment status:

New Users:

a) Click the "View Transaction History" button after completing your Finova Capital online loan EMI payment.

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

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

d) Visit your profile, select "Transaction History," and check the status of your most recent Finova Capital 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 check your loan payment status.

Know the Types of Loans Provided by Finova Capital

Finova Capital offers various types of loans, including Mortgage loans, Business loans, MSME loans, Gold loans, Vehicle loans, Top-Up loans and Loan Against Property (LAP).

How to Calculate Finova Capital Loan Repayments?

To calculate Finova Capital loan repayments online, follow these steps:

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

Ensure you meet the eligibility criteria before being a loan applicant.

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

Missing a Finova Capital loan repayment can have various consequences:

1. Late Payment Fee: When you don't make an EMI payment on time, the bank will add a late fee, which is extra money on your regular EMI.
2. Credit Score Impact: Missing payments can lower your score, making it more challenging to get credit cards, loan numbers, or mortgages later.
3. Legal Consequences: If you keep missing payments and become a chronic defaulter, the bank might take legal action against you.
4. Added Interest: Not paying your EMI doesn't stop the interest from piling up. Unpaid interest grows, meaning you will owe more in the long term.
5. Future Loan Challenges: Missed payments can damage your credit and make it harder to get loans in the future. If you do get approved, they come with higher interest rates.

Download Shriram One Now

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