INDUSIND BANK - CFD Loan Repayment

IndusInd Bank's Customer First Digital (CFD) initiative is a transformative step in modern banking. It prioritises customer convenience, offering seamless digital services, secure transactions, and personalised experiences. Discover the significance of loan repayments and how Shriram Finance simplifies the process. Repay loans through Shriram's BBPS services and its user-friendly interface. Shriram Finance navigates the dynamic landscape of financial services, offering customers a seamless and secure platform for their diverse needs.

How to Pay My IndusInd Bank Loan Repayment at Shriram Finance?

Here is a step-by-step guide to make quick loan repayments 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 "IndusInd Bank - CFD", 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 CFD loan Repayment details and click on "Pay."
8. Choose a preferred payment method, enter the required details, and complete the payment.

Why Choose Shriram Finance for IndusInd Bank Loan Repayment?

Choosing Shriram Finance for IndusInd Bank Loan Repayment offers several benefits:

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

How to Download My IndusInd Bank Loan EMI Payment Receipt?

To download your IndusInd Bank Loan Repayment receipt Shriram Finance offers two convenient ways:

1. New Users: After completing your IndusInd Bank 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 IndusInd Bank Loan Repayment

Shriram Finance is a trusted platform for loan repayment that offers several advantages. Here are some of them:

1. Security: Shriram Finance prioritises the security of your financial transactions, ensuring that your IndusInd Bank EMI pay online 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 provides access to a variety of financial services, allowing you to manage your IndusInd Bank repayment and other financial needs in one place.
4. Timely Reminders: You can expect timely reminders for paying IndusInd Bank EMI on or before due dates, helping you stay on top of your payments and avoid late fees.

How to Check My IndusInd Bank Loan Repayment History?

Shriram Finance offers two convenient ways to check the history of your IndusInd Bank Loan repayment:

New Users:

a) After completing your IndusInd Bank Loan Repayment, 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 then click on "Transaction History" to check your IndusInd Bank 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 IndusInd Bank Loan Repayment history.

List of Payment Methods Available for IndusInd Bank 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 Loan Repayment Fails?

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

The first thing that you should do is contact the service provider or the bank through which you made the transaction.

Use the "Raise a Request" link provided in the receipt. You can also choose from the below options that apply to you:

Existing Users: Login to your Shriram finance customer portal, visit "My Profile", and click "Raise a Request."

New Users: Sign up with your name, mobile number, e-mail ID, and mPIN, and go to the "My Profile" section to raise a request.

Another option is to navigate to "Transaction History", choose the specific transaction, click on "Need Help," provide the necessary details, and click "Submit". 
For any further assistance, you can also reach out to our customer support team.

What Happens If I Don’t Make My 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 IndusInd Bank.
• Discretionary Legal Action: In extreme cases where a significant amount remains unpaid for an extended period, IndusInd Bank 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 IndusInd Bank Loan Repayment Status on Shriram Finance?

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

New Users:

a) Click the "View Transaction History" button after finishing your IndusInd Bank Loan EMI payment.

b) Register using your 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 progress of your most recent IndusInd Bank 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 check the status of your most recent IndusInd bank personal loan EMI payment.

Know the Types of Loans Provided by IndusInd Bank-CFD

IndusInd Bank offers various types of loans including:

1. Personal Loans: Loans for various personal expenses, with flexible repayment terms.
2. Home Loans: Financing options for purchasing or constructing a new home.
3. Car Loans: Loans designed to help you own your dream car.
4. Business Loans: Tailored financial solutions for business expansion and working capital requirements.
5. Loan Against Property (LAP): Secured loans using your property as collateral for diverse financial needs.
6. Education Loans: Supporting educational aspirations with loans for higher studies.
7. Gold Loans: Quick and hassle-free loans against gold assets.
8. Two-Wheeler Loans: Enabling the purchase of two-wheelers with convenient repayment plans.

How to Calculate IndusInd Bank Loan Repayments?

To calculate IndusInd Bank Loan Repayment online, follow these steps:

1. Access the IndusInd Bank website or app.
2. Enter the loan amount.
3. Choose the loan tenure.
4. Input the interest rate.
5. IndusInd Bank will provide you with the EMI amount.
6. You can also use IndusInd Bank online EMI calculators for a quick estimate.
7. Ensure you meet the eligibility criteria before applying.

What Happens If I Miss an IndusInd Bank Loan Repayment EMI?

If you miss an EMI payment on your IndusInd Bank loan repayment, you may face the following consequences:

1. Late fee charges may apply.
2. Negative impact on your credit score.
3. Loan settlement may be affected.
4. 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.