HDB Financial Services Limited Loan Repayment

HDB Financial Services Limited is your financial partner for stability and growth, much like Shriram Finance, your trusted financial partner that provides a wide array of services tailored to your needs. Shriram Finance with its efficient BBPS services, offers a seamless experience for bill payments and a wide spectrum of financial solutions, making it a dependable choice for individuals and businesses alike.

About HDB Financial Services Limited

HDB Financial Services Limited (HDBFSL) is a leading NBFC in India, offering a wide range of financial products and services, including personal loans, business loans, auto loans, two-wheeler loans, mutual funds, and fixed deposits. HDBFSL is known for its strong customer focus and innovative financial solutions.

How to Pay My HDB Loan Repayment at Shriram Finance?

Here is a step-by-step guide to make quick HDB loan 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. Choose the "Financial Services & Tax" category and select "Loan Repayment."
4. Select "HDB Financial Services Limited".
5. Enter the Loan Number and click "Continue."
6. Verify if the mobile number is correct and click "Continue."
7. Enter the 6-digit OTP and click "Verify and Continue."
8. Review your HDB loan EMI Payment details and click "Pay."
9. Choose a preferred payment method, enter the required details and complete the payment.

Why Choose Shriram Finance for HDB Loan Repayment?

Choosing Shriram Finance for HDB Loan Repayment offers several benefits:

1. Convenience: Shriram Finance provides a user-friendly and convenient platform for HDB financial services repayment, making it easy to manage your financial obligations.
2. Quick & Easy: The process is streamlined, ensuring a quick and hassle-free HDB loan quick-pay experience.
3. Access to Multiple Services: Shriram Finance may offer additional financial services or products, allowing you to conveniently access various financial solutions in one place.

How to Download My HDB Loan EMI Payment Receipts?

Shriram Finance offers two convenient ways to download your EMI Payment receipt online:

1. New Users: After completing your HDB finance Repayment online, 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 HDB Loan Repayment

When it comes to HDB financial services Repayment, using Shriram Finance as your platform offers several significant benefits:

1. Security: Shriram Finance prioritises the security of your financial transactions, ensuring that your HDB EMI payment is processed safely and securely.
2. User-Friendly Interface: The platform offers a user-friendly interface, making it easy for you to navigate and complete your EMI payments with convenience.
3. All-in-One Platform: Shriram Finance may provide access to a variety of financial services, allowing you to manage your HDB EMI payments and other financial needs in one place.
4. Timely Reminders: You can expect timely reminders to pay your HDB EMI Payments, helping you to stay on top of your payments and avoid late fees.

How to Check My HDB Loan Repayment History?

Shriram Finance offers two convenient HDB Loan Repayment Options to check your payment history:

New Users:

a) After completing your HDB loan repayment, click 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 then click 'Transaction History' to check your HDB 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 HDB Loan Repayment history.

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

If your loan payment fails, you need not panic. Check out the given options below:

1. Contact the service provider or bank to resolve the issue.
2. Raise a request from the same page using the "Raise a Request" link provided in the receipt.
3. Alternatively, raise a request from your profile page on the Shriram Finance Customer Portal. Login and visit the "My Profile" section to raise a request.
4. Another option is to navigate to "Transaction History", choose the specific transaction, click "Need Help", provide the necessary details, and click "Submit.”
5. For further assistance, you can reach out to our customer support team.

What Happens If I Don't Pay My HDB Loan Repayment Bill On Time?

If you do not pay your HDB Loan Repayment on time, there could be a negative impact on your credit score. Failing to repay your loan on time can hurt your credit score, potentially affecting your ability to access credit with favourable loan terms in the future.

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

Shriram Finance offers two convenient options to check your HDB Loan Repayment status:

New Users:

a) Click the "View Transaction History" button after finishing your HDB loan EMI Payment.

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

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

d) Visit your profile, select ‘Transaction History’, and check the progress of your most recent HDB Loan Repayment.

Existing Users: If you've 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 HDB loan EMI Payment.

Know The Types of Loans Provided by HDB Financial Services Limited

HDB offers various types of loans including:

• Housing Loans: HDB offers housing loans to helps you buy your first home, second home, or investment property.
• Housing Grants: HDB also offers housing grants to help you afford your first home.
• Refinancing Loans: If you have an existing housing loan with another lender, you can refinance it to HDB to get a better interest rate or terms.
• Top-Up Loans: If you need more money to finance your home, you can get a top-up loan from HDB.
• Loan Against Property (LAP): If you own a property, you can use it as collateral to get a loan from HDB. This type of loan can be used for a variety of purposes, such as business expenses, personal expenses, or to finance another property purchase.
• Renovation Loans: If you need to renovate your home, you can get a renovation loan from HDB Financial Services Limited.
• Bridging Loans: If you are selling your existing home and buying a new home, you can get a bridging loan from HDB to help you bridge the financial gap.

How to Calculate HDB Loan Repayments?

To calculate your HDB Loan Repayments online, follow these simple steps:

• Access a reliable online loan calculator, which can be found on various financial websites or mobile apps or Search Engines.
• Enter the loan amount you wish to borrow.
• Input the interest rate associated with the loan.
• Specify the loan term or the number of months you'll be repaying the loan.
• Click the "Calculate" or "Get Results" button.

The online calculator will provide you with your monthly loan repayment amount, as well as the total amount you'll repay over the loan term.

What Happens If I Miss an EMI Payment?

If you miss an EMI payment on your HDB loan repayment, 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 the Shriram One App Now

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