IIFL Samasta Finance Ltd - Microfinance Loan Repayment

IIFL Samasta Finance Limited is a non-banking financial institution (NBFC) dedicated to empowering women entrepreneurs through microfinance loans. At Shriram Finance, we understand the importance of managing your IIFL Samasta Finance loan repayments smoothly and securely. That is why we offer a seamless online platform that allows you to pay your IIFL Samasta Finance loan EMIs conveniently and efficiently. With our user-friendly interface and comprehensive financial services, you can access all your bills and payments in one place, making your loan repayment process hassle-free.

About IIFL Samasta Finance

IIFL Samasta Finance Limited is headquartered in Bengaluru, India. Their working model involves evaluating loan applications, disbursing funds, and managing repayments, focusing on providing affordable and responsible financial solutions to women in rural and semi-urban areas. IIFL Samasta Finance has a strong presence across India, catering to women entrepreneurs across 22 states and 1 union territory.

How to Pay IIFL Samasta Finance Loan Repayment with Shriram Finance?

Here is a step-by-step guide to make quick payments for your IIFL Samasta Finance loan EMI with Shriram Finance:

• Log in to the Shriram Finance website.
• Navigate to the main menu and click on "Payments," then opt for "BBPS."
• Choose the "Financial Services & Tax" category and select "Loan Repayment."
• Select "IIFL Samasta Finance"
• Enter your IIFL Samasta Finance loan number and click on "Proceed."
• Verify if your mobile number is correct and click on "Continue."
• Enter the 6-digit OTP sent to your mobile number and click on "Verify and Continue."
• Review your IIFL Samasta Finance details and click on "Pay."
• Choose a preferred payment method, such as Shriram One UPI, debit card, net banking, or other digital wallets, enter the required details, and complete the payment online.

Why Should I Choose Shriram Finance for My IIFL Samasta Finance Loan Repayments?

Choosing Shriram Finance for IIFL Samasta loan repayment plan offers several benefits:

Convenience: Our online platform allows you to easily manage your IIFL Samasta Finance loan repayments anytime and anywhere.

Quick and Easy: Our user-friendly interface ensures a smooth, hassle-free payment experience.

Access to Multiple Services: Besides loan repayment, you can access various other bill payment services through Shriram Finance, making it a comprehensive payment platform.

Reward Points: Earn reward points on your IIFL Samasta loan repayment plan with Shriram Finance, which can be redeemed against other bill payments.

How to Download IIFL Samasta Finance Loan Repayment Receipts Online?

Shriram Finance offers two convenient options to download your IIFL Samasta Finance loan repayment statements online:

New Users: After completing your IIFL Samasta Finance loan EMI payment, click on the "Download Receipt" button.

Existing Users: If you are already a registered user, log in to your Shriram Finance Customer Portal, go to your profile, and access "Transaction History." From there, you can easily select the "Download Receipt" option.

Benefits of Shriram Finance for IIFL Samasta Finance Loan Repayments

When it comes to IIFL Samasta Finance loan repayment, using Shriram Finance as your platform offers several significant benefits:

Security: Our platform ensures the highest level of protection for your online transactions.

User-friendly Interface: Our intuitive interface makes navigating and completing your loan repayment process easy.

All-in-One Platform: Access multiple financial services and manage all your bill payments in one place.

Timely Reminders: Receive timely reminders for your loan repayments, ensuring you never miss a payment.

How to Check My IIFL Samasta Finance Loan Repayment History?

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

New Users:

a) After completing your IIFL Samasta Finance 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 IIFL Samasta Finance loan repayment payment history.

Existing Users:

a) Log in to your Shriram Finance Customer Portal.

b) Go to your profile and access "Transaction History" to check your IIFL Samasta Finance loan repayment payment history.

List of Payment Methods Available for IIFL Samasta Finance 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 IIFL Samasta Finance Loan Repayment Fails

If your IIFL Samasta Finance Loan Repayment fails after completing the transaction, you can:

a) Contact the service provider or bank.

b) Raise a request from the same page using the "Raise a Request" link provided in the receipt.

Alternatively,

You can raise a request from your profile page. If you are an existing user, log in 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."

c) You can also contact our customer support team for further assistance.

What Happens If I Don't Pay My IIFL Samasta Finance Loan Repayment On Time?

Loan payment delays can result in late fees added to your EMI premium. They can lower your credit score, potentially hindering your ability to obtain instant loans or other financing options in the future. Repeated failure in timely EMI payments may also result in legal consequences. Prioritise timely repayments to safeguard your creditworthiness. It is important to ensure that you don’t miss your IIFL Samasta Finance loan repayment schedule.

How to Check My IIFL Samasta Finance Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check your IIFL Samasta Finance loan repayment status:

New Users:

a) After completing your IIFL Samasta Finance Loan Repayment payment, 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 "Transaction History" to view the status of your recent IIFL Samasta Finance loan repayment status.

Existing Users:

a) If you are already registered, log in to your Shriram Finance Customer Portal.

b) Go to your profile and then access "Transaction History" to view the status of your recent IIFL Samasta Finance loan repayment.

Know the Types of Loans Provided by IIFL Samasta Finance

IIFL Samasta Finance offers two types of loan. They are Micro Finance Loans and Non-Micro Finance Loans. Each loan comes with different terms and conditions based on the borrower's specific requirements.

How to Calculate IIFL Samasta Finance Loan Repayments?

For calculating IIFL Samasta Finance loan repayments, use a reliable loan EMI calculator. Your loan EMI calculation depends on the principal amount, loan period and the set interest rate by the institution. Loan EMI calculation helps you identify a tenure and principal amount that best suits your financial obligations and goals.

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

Failure to pay your IIFL Samasta Finance EMI online may result in late payment charges and affect your credit score. To avoid negative consequences, inform the lender about any difficulties you may face.

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