ZestMoney Loan Repayment

ZestMoney Ltd loan offers a range of financial solutions, and for a seamless experience, Shriram Finance stands out. Shriram Finance streamlines loan processes and provides an integrated platform, leveraging the Bharat Bill Payment System (BBPS) for easy and secure bill payments. This approach ensures that customers can efficiently manage their finances and benefit from comprehensive services.

About ZestMoney

ZestMoney is a fintech company that offers digital EMI solutions to consumers and merchants in India. It allows customers to purchase products and services on EMI without needing a credit card. ZestMoney has a vast network of merchant partners, and its EMI solutions are used by millions of customers across India.

How to Pay My ZestMoney Loan Repayment with Shriram Finance?

Here is a step-by-step guide to making quick ZestMoney Loan EMI Online payment 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 "ZestMoney" - Enter the loan number and click on "Proceed.”
5. Verify the registered mobile number and click "Continue."
6. Enter the 6-digit OTP and click "Verify and Continue."
7. Review your ZestMoney Loan EMI Payment online details and click on "Pay."
8. Choose a preferred payment method, enter the required details and complete the payment.
9. Following these steps, you can efficiently repay your loan through Shriram Finance.

Why Should I Choose Shriram Finance ZestMoney Loan Repayment?

Choosing Shriram Finance for the ZestMoney loan repayment plan offers several benefits:

1. Convenience: Shriram Finance provides a user-friendly and convenient platform for ZestMoney loan repayment, making it easy to manage your financial obligations.
2. Quick and Easy: The process is streamlined, ensuring a quick and hassle-free ZestMoney 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: Earn reward points on your ZestMoney loan repayment with Shriram Finance, which can be redeemed against other bill payments.

How to Download My ZestMoney Loan EMI Payment Receipt?

Shriram Finance offers two convenient Loan EMI payment options for ZestMoney Statement Download online:

1. New Users: After completing your ZestMoney 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 ZestMoney Loan Repayment

When it comes to ZestMoney Loan Payment, using Shriram Finance as your platform offers several significant benefits:

1. Security: Shriram Finance prioritises the security of your financial transactions, ensuring that your ZestMoney EMI Payment 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, allowing you to manage your ZestMoney EMI Payment Online and other financial needs in one place.
4. Timely Reminders: You can expect timely reminders to Pay ZestMoney Loan overdue EMIs before due dates, helping you stay on top of your payments and avoid late fees.

How to Check My ZestMoney Loan Repayment History?

Shriram Finance offers two convenient ZestMoney Loan Bill Payment options to check your history:

1. New Users:

a) After completing your ZestMoney Loan Repayment, click the 'View Transaction History' button.

b) Sign up with 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 ZestMoney Loan Repayment history.

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' to check your ZestMoney Loan Repayment history.

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

Contact the service provider: If your Loan Bill Payment fails, promptly call the ZestMoney loan repayment contact number, the service provider or the bank to inquire about the issue and explore possible resolution options.

Raise the request: If your EMI calculating ZestMoney 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, 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.
• Suppose you want to raise a request for a specific transaction. In that case, you can navigate to "Transaction History" and choose the particular transaction, click on the "Need Help" button to 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 Happens If I Don't Pay My ZestMoney Loan Repayment Bill On Time?

Failing to Pay ZestMoney loan EMI online on time can result in consequences that may negatively impact one's 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 instant loans or credit in the future and may result in higher interest rates on any credit you obtain.

How to Check My ZestMoney Loan Repayment Status on Shriram Finance?

Shriram Finance offers two convenient options to check your ZestMoney Repayment Status:

1. New Users:

a) Click the "View Transaction History" button after finishing your ZestMoney Loan EMI Payment.

b) Register using a name, mobile number, email address, and MPIN.

c) The Shriram Finance Customer Portal will be redirected to you.

d) Visit your profile, select "Transaction History," and check the progress of your most recent ZestMoney Loan Repayment.

2. Existing Users:

If you have 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 ZestMoney Loan repayment Online.

Know The Types of Loans Provided by ZestMoney

ZestMoney offers various types of loans, including:

1. Personal loans: ZestMoney offers personal loans for various purposes, such as debt consolidation, home renovation, or medical expenses. Personal loans from ZestMoney come with interest rates starting at 11.99% p.a.
2. Consumer durable loans: ZestMoney offers consumer durable loans to purchase consumer durables, such as mobile phones, laptops, and televisions. Consumer durable loans from ZestMoney come with interest rates starting at 13.99% p.a.
3. Two-wheeler loans: ZestMoney offers two-wheeler loans for the purchase of new or used motorcycles and scooters. Two-wheeler loans from ZestMoney come with interest rates starting at 14.99% p.a.
4. Used car loans: ZestMoney offers used car loans to purchase used cars. Used car loans from ZestMoney come with interest rates starting at 15.99% p.a.
5. Merchant EMI: ZestMoney offers merchant EMI solutions to allow customers to purchase products on EMI from partner merchants. Merchant EMI solutions from ZestMoney have interest rates starting at 16.99% p.a.

How to calculate ZestMoney Loan Repayments?

To calculate ZestMoney Loan Repayments online, follow these steps:

• Access a reliable online loan calculator, which can be found on various financial websites or mobile apps.
• Enter the loan EMI amount you wish to borrow.
• Input the interest rate associated with the loan.
• Specify the loan term or the number of months you'll be repaying the loan.
• Click the "Calculate" or "Get Results" button.

The online calculator will provide you with your monthly loan repayment amount, as well as the total amount you'll repay over the loan term.

What happens if I miss an EMI payment on my loan?

Missing a ZestMoney 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 your trustworthiness with credit. 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.

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