How to Change Your Home Loan E-Mandate on the BHFL Customer Portal

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3 min 21 Mar 2025

Highlights:

What Is an e-Mandate for Home Loans
Why Should You Update Your e-Mandate Details?
Steps to Change Your Home Loan e-Mandate on the BHFL Portal
Benefits of Updating Your Home Loan e-Mandate

What Is an e-Mandate for Home Loans?

An e-Mandate is the digital authorisation that allows your lender, in this case, your Home Loan lender, to auto-debit your monthly EMIs from your registered bank account. This is essential to streamline repayment against your loan account.

If you have a Home Loan with Bajaj Housing Finance, you can register, update, and even modify your Home Loan e-Mandate using the BHFL Customer Portal.

Why Should You Update Your e-Mandate Details?

Updating your e-Mandate details ensures that your EMI payments continue smoothly, especially if there are changes in your banking details. Here are some common reasons to change your e-Mandate for Home Loan payments:

If you have switched to a different bank account
If your registered bank account is deactivated or blocked
If you have recently made a modification for a joint account change

Steps to Change Your Home Loan e-Mandate on the BHFL Portal

Now that you know the importance of keeping your e-Mandate details updated, here is how you can register, update, modify, and manage your mandates in a handful of easy steps on the Bajaj Housing Finance Customer Portal:

Step 1: Login to the BHFL Customer Portal with your registered contact information or your Customer ID (CIF). If you are a first-time user, you can register as a user and login to the portal.

Step 2: Select ‘Request’ from the left-hand menu.

Step 3: Click on ‘Manage Repayment Account’ from the menu options.

Step 4: Select the Loan Account Number you want to make the change for.

Step 5: Select your request type:

‘e-Mandate Registration’, if you would like to register a new mandate
‘Swap Repayment Bank’, if you would like to update your bank account for EMI payments

Step 6: Upload the required documents to support your request:

A cancelled cheque with your name, account number, and IFSC code
Mandate form, if your account is eligible is not eligible for eNACH services (the list of eligible banks is available on the page for your information)

Step 7: Submit your request.

Benefits of Updating Your Home Loan e-Mandate

While you may not need to update or manage your Home Loan e-Mandate regularly, having the convenience to do so can make future banking decisions, such as changing banks or bank accounts, easier. Here are some other benefits of updating your Home Loan e-Mandate:

Seamless EMI payments without manual intervention
Avoidance of late fees due to missed or delayed payments
Flexibility to switch banks as per your preference

It is essential to keep your Home Loan e-Mandate updated to ensure a hassle-free repayment experience. Whether you need to modify your Home Loan e-Mandate or change your e-Mandate for Home Loan repayments, the BHFL Customer Portal makes the process simple and efficient.

For further assistance, log in to the Bajaj Housing Finance Customer Portal.

Frequently Asked Questions

You can update your Home Loan e-Mandate by logging into the BHFL Customer Portal, selecting ‘Manage Repayment Account’, and choosing ‘Swap Repayment Bank’. Upload the necessary documents and complete authentication to finalise the update.

Yes, you can modify your Home Loan e-Mandate at any time through the BHFL Customer Portal, provided your new bank account meets the eligibility criteria. If your bank is not eligible, you can also visit your nearest branch for a mandate form.

No, there are no additional charges that are levied on updating or changing your Home Loan e-Mandate.

Once you complete the authentication process and the Service Request has been raised, the updated e-Mandate is usually activated within 4–5 working days.

Modifying your Home Loan e-Mandate has no impact on your EMI amount. It only changes the account from which your EMI payments are debited.

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