The Reserve Bank of India (RBI) has designed the Bharat Bill Payment System (BBPS), which is managed by the National Payments Corporation of India (NPCI). Customers of Mahindra Finance can pay their loan EMIs with ease using BBPS through mobile banking app, UPI app, and mobile wallets. BBPS is a safe and secure payment system that can be found on multiple payment apps like Paytm, Google Pay, PhonePe, BHIM etc.
Customer can pay from any 3rd party app like Gpay, PhonePe or paytm.
Customer will select Loan Repayment option after which they will select “Mahindra and Mahindra Financial Services Limited” as lender.
Customer will enter Loan Account No. or registered Mobile number or Vehicle number and edit/confirm EMI and proceed with the payment. After successful payment, the customer receives a transaction
confirmation message.
Find the information you need quickly and easily with our comprehensive list of frequently asked questions.
BBPS facilitates a plethora of payment modes through which users can make a bill payment. The
payment modes options at BBPS are Debit Cards, IMPS, UPI, Internet Banking & Wallets.