How to Check Bajaj Finance Loan Balance

Checking your Bajaj Finance loan balance is a straightforward process that can be done through multiple methods. Whether you prefer online tools, mobile apps, or phone calls, Bajaj Finance offers several convenient ways to access your loan details. Here’s a comprehensive guide on how to check your loan balance with Bajaj Finance:

1. Online Through Bajaj Finance Website

• Step 1: Visit the official Bajaj Finance website.
• Step 2: Log in to your account using your registered email ID and password.
• Step 3: Navigate to the ‘Loan Account’ section from the dashboard.
• Step 4: Select the loan account you wish to check.
• Step 5: Click on the ‘View Balance’ option to see your current loan balance.

2. Using the Bajaj Finance Mobile App

• Step 1: Download and install the Bajaj Finance mobile app from the Google Play Store or Apple App Store.
• Step 2: Open the app and log in with your credentials.
• Step 3: Go to the ‘Loan’ section on the app.
• Step 4: Choose the loan account you want to review.
• Step 5: Tap on ‘View Balance’ to check your balance in real-time.

3. Via SMS Service

• Step 1: Send an SMS with the required format to the designated Bajaj Finance number.
• Step 2: The format is typically “BAL ” but verify the exact format on the Bajaj Finance website or with customer service.
• Step 3: You will receive a response SMS with your current loan balance.

4. Customer Care Call

• Step 1: Call Bajaj Finance customer care at their official helpline number.
• Step 2: Provide your loan account number and any other required details.
• Step 3: Request information regarding your loan balance.
• Step 4: The customer service representative will provide you with your balance information.

5. Visiting a Bajaj Finance Branch

• Step 1: Locate the nearest Bajaj Finance branch.
• Step 2: Visit the branch and provide your loan account details at the counter.
• Step 3: Request a loan balance statement from the staff.

Tips for Accurate Balance Checking

• Regular Monitoring: Regularly check your loan balance to keep track of your payments and outstanding amount.
• Verify Account Details: Ensure your loan account number and other details are correct to avoid any discrepancies.
• Secure Information: Always use secure methods to check your balance to protect your personal information.

Benefits of Checking Your Loan Balance

• Manage Finances: Helps in effective financial planning and budgeting.
• Prepayment: Allows you to check if you are eligible for prepayment or loan closure.
• Track Payments: Monitors your repayment progress and outstanding amount.

By using these methods, you can easily and efficiently check your Bajaj Finance loan balance. Regular monitoring ensures that you stay updated with your financial obligations and manage your loan effectively.