Learn how to manage your Piramal Finance loan repayment. Understand the EMI calculation, check associated charges, and repay your loan smoothly using simple online methods.
Piramal Finance loan repayment means paying back the borrowed amount and interest through convenient online channels within the agreed schedule. When you know your EMI amount, due date, and total interest outgo, you can plan your monthly budget better and repay your loan more comfortably. Managing your Piramal Finance loan payments smartly can help you avoid stress, extra charges, and possible impact on your credit score over time.
You can usually complete your Piramal Finance loan payment through the official website or the mobile app using simple digital steps. These channels may allow you to pay EMIs securely using net banking, cards, or other online modes from the comfort of your home.
Go to the Official Website
Visit the official Piramal Finance website and go to the customer services or loan servicing section to begin your Piramal Finance loan payment online journey.
Open the Pay Online Option
Click on the ‘Pay Online’ or similar EMI payment option and choose the relevant category that applies to your loan repayment.
Log in to the Customer Portal
You may be redirected to the customer portal login page, where you can sign in using your registered mobile number and any requested details.
View your Loan and EMI Details
After login, you can usually see your active loan account, upcoming EMI amount, due date, and any pending loan payment details on the dashboard.
Select your preferred online payment method, such as net banking, debit card, credit card, or other supported digital options. Then, confirm the transaction as per the on‑screen instructions.
Once the Piramal Finance loan payment online is successful, note the reference number or download any acknowledgement shown for future tracking and record‑keeping.
Download or Open the App
Install the Piramal Finance app from an authorised app store and log in using your registered mobile number or customer credentials to access loan details.
Go to the Loan or EMI Section
From the home screen menu, select the loans or EMI section to view your active loan repayment schedule, outstanding balance, and next due instalment.
Select Pay EMI or Pay Now
Tap on the ‘Pay EMI’, ‘Pay Now’, or similar option next to your loan account as available in your app version. This will start your Piramal Finance loan payment process.
Choose Linked Bank Account or Method
You may select a pre‑linked bank account, UPI, or other supported digital mode to complete the payment safely within the app environment.
Authorise the Payment
Confirm the payable EMI amount and authorise the transaction using OTP, PIN, or other second‑factor authentication as per your chosen payment method.
Enable Auto‑debit if Available
Where offered, you may consider enabling auto‑debit from your bank account so that your loan repayment happens automatically on each due date.
Before applying for a Piramal Finance personal loan, it is helpful to know how much you will be paying every month and what your total repayment might look like. Estimating your EMI in advance makes it easier to plan your budget and manage your loan without stress.
To do this, you can use the standard EMI formula used for reducing‑balance loans:
EMI = [P × r × (1+r)^n] / [(1+r)^n − 1]
Where:
P = the loan amount (principal)
r = the monthly interest rate (for example, a 17.25% p.a. personal loan interest rate converted to monthly by dividing by 12).
n = the total number of months (years multiplied by 12).
This formula helps you to calculate personal loan EMI that includes both the principal and interest portion in each instalment.
Loan Amount (P) = ₹3 Lakhs
Tenure (n) = 3 years = 36 months.
Annual personal loan interest rate (R) = 17.25% p.a.
Monthly Interest Rate (r) = 17.25% ÷ 12 ≈ 1.4375% = 0.014375.
Substituting these values into the formula:
EMI = [300000 × 0.014375 × (1+0.014375)^36] / [(1+0.014375)^36−1]
= ₹10,733 (approx.)
Using this calculation approach, your estimated Piramal Finance loan EMI will come to a fixed monthly amount that covers both principal and interest.
Instead of calculating manually, you can simply use the Piramal Finance Personal Loan EMI Calculator available on Bajaj Markets. Just enter the loan amount, tenure, and applicable personal loan interest rate. The tool instantly shows your monthly EMI, total repayment amount, and overall interest cost, helping you clearly understand the borrowing cost before you proceed.
Using the calculator for the above example, you can instantly check the:
Personal Loan EMI ≈ ₹10,733
Total Interest Amount ≈ ₹86,394
Total Payable Amount ≈ ₹ 3,86,394
Before proceeding with your loan repayment, it is useful to understand common fees linked to your personal loan so you can plan the total cost of borrowing. Below are the key fees and charges for Piramal Finance personal loans on Bajaj Markets.
Interest Rate |
17.25% to 31% p.a. |
Processing Fee |
1.50% to 4.50% of the loan amount |
Foreclosure Charges |
5% + GST |
Disclaimer: These fees and charges are subject to change and may vary based on the terms of your Piramal Finance loan repayment agreement. Always refer to your loan agreement for the most accurate and up-to-date information.
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
You can usually check your loan statement by logging into the Piramal Finance website customer portal or the official app with your registered mobile number. Once logged in, you may view your outstanding amount, EMI due, interest charged, and other details, which helps you track your loan repayment clearly every month.
Your repayment history is generally visible in your online account in the form of past statements or transaction history. By reviewing these records, you can see which EMIs were paid, the dates of each Piramal Finance loan payment, and your remaining balance. These may help with budgeting and record‑keeping.
Piramal Finance supports multiple online modes for EMI payment, including credit card, debit card, net banking, and mobile wallets through its website payment gateway. These digital methods make Piramal Finance loan payment online more convenient, as you can choose the option that best fits your banking preferences.
If you miss an EMI, late payment charges and additional interest may be applied as per your loan agreement, and this could affect your credit history. To avoid such impact, it is advisable to keep track of your due dates and maintain sufficient balance for timely loan repayment every month.
To check whether your recent EMI has been successfully processed, log in to the Piramal Finance customer portal or app and open your loan account summary. Here, you should be able to see whether the last Piramal Finance loan payment is marked as paid, pending, or overdue, along with your next EMI due date.
Payment confirmations and monthly statements are usually shared via email or available in your online account. You can download these statements or receipts from the portal or app and store them for future reference, tax purposes, or proof of loan repayment.
Your outstanding loan balance can typically be checked through the loan summary section on the Piramal Finance website or app after you log in. This section may show your total loan amount, EMIs already paid, remaining tenure, and current outstanding, helping you understand how much loan repayment is still due.
Piramal Finance may allow foreclosure of personal loans, subject to foreclosure charges of 5% plus GST on the outstanding amount. To foreclose, you generally need to contact Piramal Finance customer support or visit the official portal, raise a foreclosure request, and follow the process and timelines shared in your specific loan agreement.