How to Pay Hero FinCorp Loan EMI Online?

Paying your loan EMI timely is important for a positive credit score and hassle-free loan experience. There are various ways to pay your loan EMI online with Hero FinCorp. This guide will show you the steps to pay your loan EMI online conveniently.

Modes of Hero FinCorp Loan EMI Payment

Once you borrow a loan from Hero FinCorp, you must repay the EMIs according to the agreed tenure. There are various options to make Hero FinCorp online payment, including:

1. Internet Banking

What is it?

A money transfer from your bank with secure online payment.

How to do it?

• Go to your bank's web page or mobile app. 
• Log in with your credentials and select "Loan Payment."
•  Enter your Loan Account Number or Application ID. 
• Verify your payment details and submit!
   

2.Cash Cards & E-Wallets

What is it?

You can make a quick EMI payment using preloaded cash cards or e-wallets (ex. Paytm, Amazon Pay).

How to do it?

• Go to Hero FinCorp’s online payment portal. 
• Select your preferred payment method (Cash Card or E-Wallet). 
• Follow the onscreen instructions to proceed with the payment.

3.Debit Cards and Credit Cards

What is it?

You can pay your EMI using a debit or credit card directly via Hero FinCorp’s website or app.

How to do it?

• Go to Hero FinCorp’s payment page. 
• Select either Debit Card or Credit Card as your method of payment. 
• Put your card details and submit.

4.UPI Payments (Google Pay, PhonePe, etc.)

What is it?

UPI is a method to conduct instant transfer of money from your bank account to Hero FinCorp.
How to do it?

Open your UPI-enabled app.

• Search and choose Hero FinCorp and EMI payment option. 
• Enter your loan details and the EMI amount. 
• Make a secure payment.

e-Wallets: Use digital wallets like Paytm or Amazon Pay for fast payments.

5.Paytm

What is it?

Paytm lets you do EMI payments through Paytm app and website. It is convenient and safe.

How to do it?

• Download the Paytm app and log in. 
• In the search box, type 'Pay Loan EMI'. 
• Select Hero FinCorp and select the payment type (Advance EMI, Full Overdue, or Instalment). 
• Enter the amount of payment required, and confirm the payment.

Also Read : What is the EMI for a 5 Lakh Personal Loan?

How to Pay Loan EMI through the Hero FinCorp Website?

You can make your loan EMI payment through the Hero FinCorp website. Here is the process to pay Hero FinCorp EMI in five simple steps:

• Visit the Payment Link - Go to https://payments.herofincorp.com/ to start your EMI payment process.
• Enter Your Loan Details - Provide your Loan Account Number or Application ID as prompted.
• Confirm Loan Details - Verify your loan account details and check the total amount due before proceeding. 
• Select Payment Mode- Choose your preferred payment mode from the available options.
• Complete the Payment - Follow the on-screen instructions to finalise the payment.

After making the payment, you will receive confirmation on your registered mobile number and email address. You can download the receipt from the ‘My Orders’ tab.

Notably, you can use Paytm to make EMI payments for any loan, including mortgage loans, business loans, used car loans, two-wheeler loans, loan against property, and instant personal loans.

How to Pay Hero FinCorp Loan EMI Through Paytm?

If you want to pay Hero FinCorp online payment of your loan EMI via the Paytm platform, these are the steps to follow:

• Step 1: Download the Paytm app on your mobile phone if you don't have one already.
• Step 2: Login to your Paytm account using your username and password.
• Step 3: Enter the OTP you receive on your registered mobile number.
• Step 4: In the search box, search for Pay Loan EMI.
• Step 5: Click the Pay Loan EMI icon.
• Step 6: Select Hero FinCorp from the list of lending institutions that appear. Searching for Hero FinCorp in the search box will make the process faster and easier.
• Step 7: Select a loan payment mode - Advance EMI, Full Overdue or Overdue Instalment.
• Step 8: Choose one of the options from your Application ID.
• Step 9: Enter your Application ID if you select that option and your Loan Account Number if you choose the other.
• Step 10: Your loan account details, and the due EMI amount will appear on the screen.
• Step 11: Add money to your Paytm wallet or use UPI to pay your EMI online via Paytm.

You can use your net banking, debit card, credit card, or UPI to pay loan EMI online. Once you make the Hero FinCorp EMI payment through Paytm, the platform will save your details and send you a reminder every time the EMI is due. You don't need to enter the details each time you pay a loan EMI using the Paytm app.

Also Read :  How to Pay Personal Loan EMI in Easy Steps

Security Tips for Online Loan EMI Payments

When making loan EMI payments online, security is vital to help protect against fraud or other cyber risks. Here are some security tips for safe payments:

1.Use a Secured Network

Avoid making payments while connected to a public Wi-Fi network. Ensure that you are completing your payments with a secured private network.

2.Choose Trusted Payment Gateways

Always make sure the platform you are using has security certificates like PCI-DSS.

3.Use two-factor authentication 

When your bank or payment provider supports or offers two-factor authentication, make sure you use it.

4.Keep Software Updated 

Make sure you regularly update your computer's operating system, antivirus, and/or security software to keep your devices safe.

5.Use strong passwords 

Use a long, complex, random-based, and different password for each payment account that you use, and change your passwords on a regular basis.

Also Read :  Online EMI Calculator for Personal Loan

Conclusion

Are you wondering how to make Hero FinCorp payment for your loan online? You can choose from the multiple options discussed in this article. Among all the online EMI payment options, Paytm is the most popular and convenient. Follow the simple steps mentioned in this guide to pay loan EMI on time and build a solid credit history to improve your eligibility for future loans. Use a Personal Loan EMI Calculator online to keep your EMIs affordable and easily manageable according to your monthly budget.

Frequently Asked Questions

1. Is it safe to pay my loan EMI through Paytm?

Paytm is a trusted platform that uses Paytm Security Shield to protect each transaction against digital theft, fraud, or hacking.

2. Are there any fees or charges for using Paytm to pay my Hero FinCorp loan EMI?

Paytm offers online EMI payment service 24/7 without any additional charges.

3. Do I need a Paytm account to make the payment?

You will need a Paytm account and get it KYC verified to pay EMIs for your Personal Loans online.

4. Is there a specific time frame for making loan EMI payments through Paytm?

You can use Paytm to pay your loan EMI anytime from anywhere without any specific time frame or limitations.

5. Can I set up auto-pay for my Hero FinCorp loan EMI on Paytm?

Paytm allows you to set up automatic payments for your loan EMIs. However, you must connect Paytm to your bank account and maintain a sufficient balance for a successful loan EMI payment.

6. How does the ACH full form relate to the loan payment process?

The ACH full form, Automated Clearing House, relates to the loan payment process by enabling electronic transfers for seamless, automated loan repayments.

7. How to make payment of Hero FinCorp loan?

To make Hero FinCorp online payment, visit Hero FinCorp’s payment portal, enter your loan details, select a payment mode, and complete the transaction securely.

8. How to check hero FinCorp loan details online?

Visit the Hero FinCorp customer portal, log in with your credentials, and access your loan account to check details like balance, EMI schedule, and due amount.

9. How do I check if my loan is active?

Log in to the Hero FinCorp website or app using your account details. Go to the loan section to confirm its active status and repayment details.

10.What is the role of a Co-Borrower in a loan?

Co-Borrower enhances loan eligibility, shares repayment responsibility, and helps improve approval chances, especially if they have a strong credit profile..

Disclaimer: The information provided in this blog post is intended for informational purposes only. The content is based on research and opinions available at the time of writing. While we strive to ensure accuracy, we do not claim to be exhaustive or definitive. Readers are advised to independently verify any details mentioned here, such as specifications, features, and availability, before making any decisions. Hero FinCorp does not take responsibility for any discrepancies, inaccuracies, or changes that may occur after the publication of this blog. The choice to rely on the information presented herein is at the reader's discretion, and we recommend consulting official sources and experts for the most up-to-date and accurate information about the featured products.