Punjab National Bank Loan Repayment

Shriram Finance streamlines loan processes and provides an integrated platform for all your financial obligations. We leverage our Bharat Bill Payment System (BBPS) for your Punjab National Bank loan repayment.

About Punjab National Bank

One of India's top public sector banks, Punjab National Bank, provides consumers and companies with comprehensive banking and financial services. With its headquarters in New Delhi, it was established in 1895.

How to Pay My Punjab National Bank Loan Repayment on Shriram Finance?

Here is a step-by-step guide to pay your Punjab National Bank EMIs online on 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 "Punjab National Bank” - 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 Punjab National Bank loan EMI 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 Punjab National Bank Loan Repayment?

Choosing Shriram Finance for your Punjab National Bank loan repayment offers several benefits:

1. Convenience: Shriram Finance provides a user-friendly and convenient platform for Punjab National Bank loan repayment, making it easy to manage your financial obligations.
2. Quick and Easy: The process is streamlined so that your Punjab National Bank loan quick-pay experience is secure and 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 Punjab National Bank Loan EMI Payment Receipts?

Shriram Finance offers two convenient options to download your EMI receipts online:

1. New Users: After completing your Punjab National 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 Punjab National Bank Loan Repayment

Using Shriram Finance as your platform for Punjab National Bank loan EMI payment offers several benefits:

1. Security: Shriram Finance prioritises the security of your financial transactions, ensuring that your Punjab National Bank 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 may provide access to various financial services and other financial needs in one place.
4. Timely Reminders: You can expect timely reminders to pay your Punjab National Bank EMI before the due dates.

How to Check My Punjab National Bank Loan Repayment History?

Shriram Finance offers two convenient options to check the history of your Punjab National Bank loan EMI payment:

New Users:

a) After completing your 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 click 'Transaction History' to check your Punjab National 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 Punjab National Bank loan repayment history.

List of Payment Methods Available for Punjab National Bank 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 Punjab National Bank Loan Repayment Fails?

Here's what you can do if your Punjab National Bank loan repayment fails:

Contact the service provider or bank: If your bill payment fails, contact the service provider or bank associated with the transaction.

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

Alternatively,

• If you are an existing user, you can 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," 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 support team for assistance, as they can guide you through the troubleshooting process and help you resolve any billing issues you encounter.

What If I Don't Make My Punjab National Bank Loan Repayment on Time?

Failing to pay your Punjab National Bank EMI online can result in consequences that may negatively impact your credit score. A lower credit score can make it more challenging to secure instant loans or credit when you apply online 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 Punjab National Bank.

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

How to Check My Punjab National Bank Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check your Punjab National Bank loan repayment status:

New Users:

a) Click the "View Transaction History" button after completing your Punjab National Bank loan EMI payment.

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 Punjab National Bank 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 see the status of your most recent Punjab National Bank loan repayment.

Know the Types of Loans Provided by Punjab National Bank

Punjab National Bank offers various types of loans, including:

1. Personal Loans: Ideal for covering unexpected expenses or consolidating debt, personal loans provide quick access to cash for individuals.
2. Home Loans: For those seeking to purchase, build, or renovate a home, PNB offers a range of home loan options, including fixed-rate, adjustable-rate, and jumbo loans.
3. Vehicle Loans: Whether you are in the market for a new or used car, motorcycle, or commercial vehicle, PNB's vehicle loans offer financing solutions.
4. Education Loans: Students requiring financial support for college or higher education expenses can explore PNB's education loan products.
5. Business Loans: Businesses needing financial backing for startup, expansion, or operational needs can turn to PNB's business loan offerings.

How to Calculate Punjab National Bank Loan Repayments?

For calculating Punjab National Bank Loan Repayments, follow these steps:

1. Access Punjab National Bank's website or app.
2. Enter the loan EMI amount.
3. Choose the loan tenure.
4. Input the interest rate.
5. Punjab National Bank will provide you with the EMI (Equated Monthly Instalment) loan amount.
6. Punjab National Bank loan prepayment online EMI calculation can also be used for a quick estimate.

Ensure you meet the eligibility criteria before applying.

What If I Miss an EMI Payment on My Loan?

Missing a Punjab National Bank 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. Interest Keeps Adding: 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.