Recurring Deposit Payment

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Pay your Recurring Deposit Easily on Shriram Finance 

Shriram Finance introduces a seamless option for individuals seeking to make payments for Recurring Deposit installments through jewellery stores. In response to the changing preferences of customers, Shriram Finance with the help of a user-friendly BBPS platform simplifies the process of paying Recurring Deposits online to trusted jewellery outlets. Individuals can now pay for their recurring deposit plan with jewelry shops, offering a different way to save money and grow wealth consistently. The goal is to help people with different financial plans by providing a convenient and efficient method to fulfill RD payments for monthly installment schemes provided by leading jewellery retailers.

How to pay RD on Shriram Finance

Shriram Finance allows you to make your recurring deposit payments at the convenience of your home or on the go. Here is a step-by-step to follow and complete payments effortlessly.

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 "Recurring Deposits."

4. Enter your RD account 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 & Continue

7. Review your RD details and click on Pay

8. Choose a preferred payment method, enter the required details, and complete the payment.

FAQs

What is a Recurring Deposit Scheme offered by Jewellery Shops?

A recurring deposit scheme by jewellery shops is a savings plan where you can regularly deposit a fixed amount each month, and at the end of the tenure, you will receive the maturity amount in the form of jewellery or related products.

What are the benefits of opting for a Recurring Deposit Scheme with a Jewellery Shop?

The benefits of opting for a Recurring Deposit may include attractive interest rates, the security of investing in tangible assets like jewellery, and the convenience of gradually building a valuable collection.

What happens if I miss a monthly deposit in a Recurring Deposit Scheme with a Jewellery Shop?

Jewellery shops may have different policies regarding missed payments. Some may allow flexibility, while others might impose penalties or modify the terms of the scheme.

Can I pay my Recurring Deposit installment online?

Yes, you can pay your Recurring Deposit installment online with the help of platforms like Shriram Finance.

Can I choose the tenure and frequency of deposits in a Jewellery Shop Recurring Deposit Scheme?

Yes, you generally have the flexibility to choose the tenure and the monthly deposit amount based on your preferences and financial capabilities.

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