Belstar Microfinance Loan EMI Payment

EMI payments have now become easier with the fast and safe payment process of MobiKwik. Pay your Belstar Microfinance EMIs instantly via MobiKwik from anywhere you are using and get exciting discounts and cashback offers. You better know how timely payments play a major role in securing a good credit score that helps you get a new loan faster and hassle-freely. So, make your Belstar Microfinance online payment conveniently and securely using MobiKwik without paying any extra charges.

Belstar Microfinance Limited (parent Organization Muthoot Finance) is a Non-Banking Finance Company. Belstar has become a profitable and high-potential Microfinance service provider with low credit risk. Investment from Muthoot helped Belstar secure an 'AA - Stable 'rating and get public limited company status. Belstar offers various loans to poor men and women, such as Microenterprise loans, Small and Medium Enterprise Loans, Consumer Goods loans, Student Education loans, and Sanitation loans.

Belstar Microfinance Limited offers the following loans with Belstar online EMI payment facility:

1. Microenterprise Loan: People who want to start a small business or improve the existing microenterprise can get a loan for up to Rs. 15,000 per member. It can be an individual loan as well as a group loan. The repayment period is up to 12 months at an interest rate of 24%. In addition, the borrower gets one month of moratorium tenure, and 1% of the loan amount is charged as a processing cost.
2. Small and Medium Enterprise Loan: Individuals who want to start small and/or medium enterprises can get microfinance up to Rs. 75,000 in the first cycle at a 24% of interest rate. The repayment period is up to 30 months, and 1% of the loan amount is charged as a processing cost.
3. Consumer Goods Loan: To buy materials or goods for households, the borrowers can avail of a loan up to Rs. 3000 per member. The tenure for repayment is up to 10 months. The interest rate is 24%, and 1% of the loan amount is charged as processing cost.
4. Student Education Loan: Students who require financial help can get a loan up to Rs. 20,000 at a 25% of interest rate. The tenure for repayment is up to 12 months, and 2% of the loan amount is charged as processing cost.
5. Sanitation Loan: Belstar offers loans to women to improve their living conditions, hygiene, and sanitation. The credit is offered at affordable interests. This type of loan facilitates the construction of toilets and the installation of water pipes. For example, hand bore wells, water purifiers, etc.

Besides being convenient, MobiKwik provides a safe insurance premium payment system that lets you pay using various payment modes. You can opt for any of the available modes that you feel is alright to make your Belstar Microfinance Limited Premium payment online within a few minutes. Below are the available payment options of MobiKwik.

1. Debit Card
2. Credit Card
3. UPI or Wallet
4. Net Banking

You can also pay your EMIs later by using the option called "Zip."

With MobiKwik, your Belstar Microfinance Limited online EMI payment has become more effortless. You can complete the procedure via MobiKwik's official app within a few minutes. For example, you might follow the below-mentioned poetry to make instant Belstar Microfinance online payment.

1. Open the MobiKwik app .
2. Click on the "Recharge & Bill Payments" part.
3. Then, click on the" EMI."
4. Select "Belstar Microfinance Limited" as the service provider.
5. Provide the necessary information like your loan and mobile numbers.
6. Press the" Go" button.
7. Your Belstar Microfinance payment details will be displayed on your device's screen.
8. Select the mode of payment according to your convenience
9. If you have promo codes, input them to enjoy exciting rewards.
10. Click on the Payment tab and process your payment.

You can also opt for "Zip," which allows you to pay your dues later

MobiKwik, the pioneer of online recharges and bill payments, ensures instant EMI payments with no hassle; no inconvenience. In addition, you get guaranteed rewards for each transaction you make using MobiKwik. And these are not all. Many more advantages exist to using MobiKwik while making your Belstar Microfinance online payment. Some are listed below:

1. No extra charges: The use of MobiKwik is free. Therefore, no extra fees are needed while making the Belstar Microfinance online EMI payment.
2. Instant payment: Customers need to follow some quick and basic steps to pay to an instant avail facility via MobiKwik.
3. Safe transactions: Transactions done through MobiKwik are safe and secure. No third party can access the information of MobiKwik customers. MobiKwik has established a special safety system and multi-layer shields. International standards like PCI DSS and ISO 27001 have certified MobiKwik as a top-tier security wallet. MobiKwik follows RBI Regulations also.
4. Cashback and Supercash offer: Customers can get various broadband bill payment offers, including Cashback and SuperCash offers if they make their payment using MobiKwik. It always ensures that its customers save consistently on their broadband payments.
5. Multiple payment modes: The app lets you use one of the many available payment modes to provide you with comfort and ease. You can use a Debit card, Credit card, Net banking, UPI, etc., and also avail of the pay later feature by using the option "Zip."