IIFL Pay

User can pay outstanding as well as advance payment.

You can make payments against your loan(s)/ credit facilities quickly and conveniently. You don’t have to write cheques/ visit a branch/ wait in a queue for your turn, to make payments.

You have to follow the process outlined below to perform an Online Loan Payment from a list of applicable banks

• Click on Online Loan Payment link on the website www.iiflhomeloans.com
• Read and accept the terms and conditions and click to proceed further.
• Enter your Loan account number, mobile number, email ID and other details.
• Enter the required details and click on "Pay Now".
• Make your overdue payments from your bank's Internet login.

For completing the process users can pay through NetBanking, Debit card, UPI, and wallet. The list of applicable banks is available in the drop down on the payment selection screen.

A customer would receive an online receipt after completing the transaction.

The amount debited to your account would reflect on the Loan Statement within three working days, with a value date entered as date of payment. For All online payment, it is real time.

In-case you have made a payment to a wrong loan number, you need to call our Customer Care and register a complaint.

Post every successful transaction; you will get a success message along with a valid transaction ID. However, sometimes the transaction is successful but a transaction number cannot be displayed due to power cuts, connection failures, etc., in such cases you are advised to check your bank account credit balance to know whether the transaction has happened. You should report about it to IIFL homeloan if your loan account is not credited within Seven working days from the date of the actual transaction.

Your payments are processed immediately after you have authorised the transaction from your other bank's valid User ID and Password. If your payment is successful, you will be informed that your payment has been accepted and a payment transaction number will be displayed with a successful transaction note. If your payment is unsuccessful, you will be informed that your transaction was unsuccessful.

You can track your payments from your bank statement if you need to provide proof of payment. Your bank statement will show the charge to your account from the billing vendor with a transaction number. In addition to the above, you will get a valid transaction number post your successful transaction. The same can be used to track and resolve your queries and disputes.

Most of the platforms like UPI are free to use. Few payment gateways charge additional platform fees which will be informed at the time of payment.
Only two option- IIFL Pay and Pay with Airtel mentioned.
A third option- Pay using 3rd party UPI app is also required.