Loans are essential to our lives since they enable us to realise our many dreams. Getting a loan is just half the story; the other half is repaying the loan. The process of returning borrowed money over a predetermined time period, usually with interest, is loan payback. If you took a loan from HDFC, you must learn how to repay HDFC personal loan online. So, you can make the repayment of your personal loan using several methods which I mentioned below.
How to Repay Personal Loan in HDFC Online?
Below are the primary methods to repay HDFC personal loan.
Auto-Debit/ECS Mandate: This is the most common and convenient method: Set up an auto-debit instruction or Electronic Clearing System at the time of loan disbursement. The system automatically deducts the EMI amount from your HDFC Bank account or any other linked account on the due date.
Net Banking: Log in to
HDFC Net Bankingusing your credentials. Navigate to the \"Loan\" section and select your personal loan account. Make the EMI payment manually each month or as needed.
PayZapp App: You can also use this app to pay your EMI. Access the \"Loans\" section, select the loan, and proceed with payment.
NEFT/RTGS Transfer: Customers without an HDFC Bank account can pay their EMI via NEFT or RTGS from another bank account. Use the loan account number and HDFC\'s IFSC code to complete the transaction.
Alternatively, you can visit any HDFC Bank branch to make your EMI payment in person. I hope you found this helpful.
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Customers can now make online payments for their HDFC personal loans using a variety of online methods. I can share the steps on how to repay HDFC personal loan online. Repaying an HDFC personal loan online is a convenient and secure way to manage your financial obligations.
How to Repay Personal Loan HDFC?
- HDFC Internet Banking:
Consumers will need to visit HDFC Bank's official website to make online loan payments. To log in, you must first input your login information. You can choose the relevant loan account and continue to pay the loan using your HDFC Bank account balance after logging in successfully.
- HDFC Mobile App:
Customers can use HDFC's mobile app functionality. Via the Google Play Store or Apple Store, respectively, customers can download the HDFC mobile app to their Android or iOS device. Once you have logged into the app, select Personal Loan from the Payments menu. Using a smartphone app, you can now pay your loan's interest.
- Other Online Loan Payment Options:
There are several ways for customers to pay for their loan. Some of the methods listed below are available to customers for making loan payments;
Paytm
NEFT/RTGS
I hope this helps!
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