IIFL Finance Limited Loan Repayment

At Shriram Finance, we understand the importance of efficiently managing your IIFL Finance loan repayment online. This is the reason we provide you with a seamless, fast, and secure platform to handle all aspects of your loan repayment process. With Shriram Finance's BBPS service, you can easily access and manage your IIFL Finance loan repayments in one place, ensuring speed, ease, convenience, and security.

About IIFL Finance

IIFL Finance is a prominent non-banking financial company (NBFC) in India. It offers a diverse range of financial services, including personal loans, gold loans, and wealth management. The company is headquartered in Mumbai, Maharashtra.

How To Pay My IIFL Finance Loan Repayment with Shriram Finance?

Making an IIFL Finance loan quick payment through Shriram Finance is hassle-free. Here is a step-by-step guide to help you through the process:

• Log in to the Shriram Finance website.
• Navigate to the main menu and click on "Payments," then opt for "BBPS."
• Under "Financial Services & Tax" category select "Loan Repayment."
• Select "IIFL Finance Limited" - Enter the loan number and click on "Proceed.”
• Verify if your mobile number is correct and click "Continue."
• Enter the 6-digit OTP received on your mobile and click "Verify and Continue."
• Review your IIFL Finance loan details and click "Pay."
• Choose your preferred payment method, enter the required details, and complete the payment.

Why Should I Choose Shriram Finance for My IIFL Finance Loan Repayment?

You can choose Shriram Finance for your loan repayment for the following reasons:

Convenience: With Shriram Finance, you can conveniently manage your IIFL Finance loan repayments from anywhere, anytime.

Quick and Easy: Our user-friendly interface ensures a seamless experience while making your loan repayments online.

Access to Multiple Services: Apart from loan repayments, Shriram Finance offers various other bill payment services under one platform.

Reward Points: Earn exciting reward points on every successful IIFL Finance Loan Repayment transaction made through Shriram Finance.

How To Download the Payment Receipt Online on Shriram Finance for My IIFL Finance Loan Repayments?

Shriram Finance provides you with two convenient options to download your IIFL Finance bank loan repayment statement for your IIFL Finance loan repayment:

New Users: After completing your IIFL Finance loan repayment online, simply click the "Download Receipt" button.

Existing Users: If you are already a registered user, log in 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 IIFL Finance Loan Repayments

Shriram Finance provides the following benefits:

Security: We prioritise the security of your transactions, ensuring that your IIFL Finance EMI payment online details are protected.

User-friendly Interface: Our platform is designed to provide a seamless and user-friendly experience while making loan repayments.

All-in-One Platform: Manage all your bills, recharges, and bookings in one place with Shriram Finance.

Timely Reminders: Receive timely reminders for your IIFL Finance loan repayment to ensure you never miss a payment.

How To Check the Payment History on Shriram Finance for My IIFL Finance Loan Repayments?

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

New Users

• After completing your IIFL Finance 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 IIFL Finance loan repayment.

Existing Users

• If you are already a registered user, log in to your Shriram Finance customer portal.
• Visit your profile and access "Transaction History" to check the transaction history for your IIFL Finance loan repayment.

List Of Payment Methods Available on Shriram Finance for IIFL 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 IIFL Finance Loan Repayment Fails?

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

Contact: Reach out to IIFL 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 log in 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 IIFL Finance Loan Repayment on Time?

Failing to pay your IIFL Finance loan repayment on time can result in consequences that may negatively impact on credit score:

Negative Impact on Credit Score: One of the most significant consequences is that your credit score can be negatively affected. 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 loans or credit in the future and may result in higher interest rates on any credit you obtain.

How Can I Check the Payment Status on Shriram Finance for My IIFL Finance Loan Repayments?

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

New Users: After completing your IIFL Finance loan repayment, click the "View Transaction History" button. You will need to 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 view the status of your most recent payments for your IIFL Finance loan repayment.

Existing Users: If you are a registered user, sign in to your Shriram Finance customer portal. Visit your profile and access "Transaction History" to view the status of your most recent payments for your IIFL Finance loan repayment.

What Are the Types of Loans Provided by IIFL Finance?

IIFL Finance offers a range of loan products to cater to different needs, such as personal loans, business loans, and Gold Loans.

How Can I Calculate My IIFL Finance Loan Repayments?

To calculate your IIFL Finance loan repayments, you can use online EMI calculators available on their website or consult with their customer support team for assistance.

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

If you miss an EMI payment online on your IIFL Finance loan, it may attract additional charges or penalties as per the terms and conditions mentioned in your loan agreement. You must contact IIFL Finance and make the payment as soon as possible.

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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.