Flexsalary Loan Repayment

Shriram Finance streamlines loan processes and provides an integrated platform, the Bharat Bill Payment System (BBPS), for easy and secure bill payments. This platform ensures that customers efficiently manage their finances and benefit from comprehensive services.

About FlexSalary

FlexSalary is a branded loan product offered by Vivifi India Finance Private Limited, an RBI-registered, Non-Banking Finance Company (NBFC). Founded on July 9, 2016, the company provides lending products to India's large and growing population of deserving but underserved consumers.

How to Pay My FlexSalary Loan Repayment on Shriram Finance?

Here is a step-by-step guide to pay your FlexSalary 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 "FlexSalary" - 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 FlexSalary 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 FlexSalary Loan Repayment?

Choosing Shriram Finance for FlexSalary loan repayment offers several benefits:

1. Convenience: Shriram Finance provides a user-friendly and convenient platform for your FlexSalary loan repayment, making it easy to manage your financial obligations.
2. Quick and Easy: The process is streamlined, ensuring that your FlexSalary loan EMI payment is quick and hassle-free.
3. Access to Multiple Services: Shriram Finance offers additional financial services or products, allowing you to access them conveniently in one place.

How to Download My FlexSalary Loan EMI Payment Receipts?

Shriram Finance offers two convenient options for FlexSalary loan repayment statements download:

1. New Users: After completing your FlexSalary 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 FlexSalary Loan Repayment

There are several benefits when you pay FlexSalary loan EMIs online on Shriram Finance:

1. Security: Shriram Finance prioritises the security of your financial transactions, ensuring that your FlexSalary loan EMI payments online are 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 offers an all-in-one platform where you can easily carry out several financial transactions apart from your loan EMI payment.
4. Timely Reminders: You can expect timely reminders to pay EMI of your FlexSalary loan before the due dates, helping you to stay on top of your payments and avoid late fees.

How to Check My FlexSalary Loan Repayment History?

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

New Users:

a) After completing your FlexSalary loan repayment online, 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 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 FlexSalary loan repayment history.

List of Payment Methods Available for FlexSalary 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 FlexSalary Loan Repayment Fails?

If your FlexSalary 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: 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 Don't Make My FlexSalary Loan Repayment on Time?

If you don't pay your Loan Repayment on time, here are some potential consequences:

• Late Payment Charges: You may incur late payment charges, based on the specific terms and conditions of FlexSalary.
• Discretionary Legal Action: In extreme cases where a significant amount remains unpaid for an extended period, FlexSalary might, at its discretion, initiate legal proceedings.
• 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 FlexSalary Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check your FlexSalary repayment status:

New Users:

a) Click the "View Transaction History" button after completing your FlexSalary Loan repayment.

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 FlexSalary 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" and check the loan payment status.

Know the Types of Loans Provided by FlexSalary

FlexSalary offers various types of loans, including Personal loans, Wedding loans, Travel loans, Executive Education loans and Salary Advance loans.

How to Calculate FlexSalary Loan Repayments?

To calculate FlexSalary loan repayments, follow these steps:

• Access FlexSalary’s website or app.
• Enter the loan amount.
• Choose the loan tenure.
• Input the interest rate.
• FlexSalary will provide you with the EMI amount.
• You can also use the EMI calculators available online for a quick estimate.

Ensure you meet the eligibility criteria before applying.

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

If you miss an EMI payment on your FlexSalary 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.

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.