Yogakshemam Loans Ltd Loan Repayment

Yogakshemam Loans, offer a reliable financial solution that caters to your diverse needs. Shriram Finance, a trusted name in the industry, provides a seamless experience through its wide array of services, including the Bharat Bill Payment System (BBPS). This service is your one-stop destination for secure and convenient bill payments across various service providers and categories.

About Yogakshemam Loans

Yogakshemam Loans Ltd is a non-banking financial company (NBFC) that offers a variety of loan products and services to individuals and businesses. The company was founded in 1991 and is headquartered in Thrissur, Kerala, India. Yogakshemam Loans has a network of over 112 branches across Kerala, Tamil Nadu, and Karnataka.

Yogakshemam Loans is known for its quick and easy loan application process and its competitive interest rates. The company also offers a variety of discounts and offers on its loans, such as discounts for early repayment and discounts for borrowers with a good credit score.

How To Pay My Yogakshemam Loan Repayment With Shriram Finance?

Here is a step-by-step guide to making quick pay your Yogakshemam Loans EMI 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. Under "Financial Services & Tax" category select "Loan Repayment."
4. Select "Yogakshemam Loans" - Enter the loan number and click on "Proceed.”
5. Verify if the mobile number is correct and click "Continue."
6. Enter the 6-digit OTP and click "Verify and Continue."
7. Review your Yogakshemam Loan EMI payment details and click "Pay."
8. Choose a preferred payment method, enter the required details and complete the payment.

By following these steps, you can efficiently repay your loan through Shriram Finance.

Why Choose Shriram Finance Yogakshemam Loan Repayment?

Choosing Shriram Finance for Yogakshemam loan repayment offers several benefits:

1. Convenience: Shriram Finance provides a user-friendly and convenient platform for Yogakshemam loan repayment, making it easy to manage your financial obligations.
2. Quick and Easy: The process is streamlined, ensuring a quick and hassle-free Yogakshemam 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.
4. Reward Points: Some Shriram Finance programs may offer reward points or loyalty benefits, providing you with incentives for responsible financial management.

How To Download My Yogakshemam Loans EMI Payment Receipt?

Shriram Finance offers two convenient EMI payment options for Yogakshemam Loans to download your EMI payment online:

1. New Users: After completing your Yogakshemam loan repayment, click the 'Download Receipt' button.
2. Existing Users: If you are already a registered user, log in 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 Yogakshemam Loan Repayment

When it comes to EMI calculating Yogakshemam Loan repayments, using Shriram Finance as your platform offers several significant benefits:

1. Security: Shriram Finance prioritises the security of your financial transactions, ensuring that your Yogakshemam Loan EMI payments online are 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 Yogakshemam Loan EMI payment online and other financial needs in one place.
4. Timely Reminders: You can expect timely rEMInders to pay your Yogakshemam Loans EMI before due dates, helping you stay on top of your payments and avoid late fees.

How to Check My Yogakshemam Loan Repayment History?

Shriram Finance offers two convenient Yogakshemam Loan repayment  options to check your history:

New Users:

a) After completing your Yogakshemam Loan repayment, click the 'View Transaction History' button.

b) Sign up using your Name, Mobile Number, e-mail 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 Yogakshemam Loan repayment history.

Existing Users: If you are already a registered user, log in to your Shriram Finance Customer Portal, go to your profile, and then access 'Transaction History' to check your Yogakshemam Loan repayment history.

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

1. Contact the service Yogakshemam Loan repayment: If your loan repayment fails, promptly contact the service provider or bank to inquire about the issue and explore possible resolution options
2. Raise the request: If your EMI calculating Yogakshemam Loan repayments fails after completing payment, you can raise a request from the same page using the Raise a Request link provided in the receipt.

Alternatively,

• If you are an existing user, you can 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, e-mail 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" and choose the specific transaction, click the "Need Help" button provide the necessary details of failure and click "Submit".

3. Customer Support: Reach out to our customer support team for assistance, as they can guide you through the troubleshooting process and help you resolve the billing issues you encounter.

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

Failing to pay your Yogakshemam Loans EMI online 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 the credit you obtain.

How To Check My Yogakshemam Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check your Yogakshemam Loan repayment status:

New Users:

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

b) Register using a name, mobile number, e-mail 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 Yogakshemam Loan repayment.

Existing Users: If you've already signed up, log in to the Shriram Finance Customer Portal, select your profile, and then access "Transaction History" to see the status of your most recent pay your Yogakshemam Loans EMI online.

Know The Types of Loans Provided By Yogakshemam Loans

Yogakshemam Loans offers various types of loans including:

• SME Business Loans 
  Yogakshemam Loans offers business loans to small and medium-sized enterprises (SMEs). SME business loans from Yogakshemam Loans range from ₹1 lakh to ₹10 crore and have a repayment term of 12 to 60 months.
• Vehicle Loans 
  Yogakshemam Loans offers vehicle loans to purchase new and used vehicles. Vehicle loans from Yogakshemam Loans range from ₹50,000 to ₹20 lakhs and have a repayment term of 12 to 60 months.
• Gold Loans 
  Yogakshemam Loans offers gold loans against gold ornaments. Gold loans from Yogakshemam Loans range from ₹5,000 to ₹5 lakhs and have a repayment term of 3 to 12 months.

How to Calculate Yogakshemam Loan Repayments?

To calculate EMI Yogakshemam Loan Repayments online, follow these steps:

1. Access any reliable online EMI calculator.
2. Enter the loan EMI amount.
3. Choose the loan tenure.
4. Input the interest rate.
5. The calculator will provide you with a loan with the EMI (Equated Monthly Instalment) amount.

Ensure you meet the eligibility criteria before applying.

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

Missing a Yogakshemam Loan Repayment on your loan 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: Your credit score shows how trustworthy you are with credit. Missing payments can lower your score, making it tougher to get credit cards, loans, or mortgages later.
3. Interest Keeps Adding: Not paying your EMI doesn't stop the interest from piling up. Unpaid interest grows, meaning you'll owe more in the long term.
4. 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 might come with higher interest rates.

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