Learn how to run an L&T Finance loan status check if you have already applied for one. Understanding when funds will be available in your account makes managing your finances easy!
Instant personal loans provide quick access to funds, whether for a medical emergency or home renovation. L&T Finance offers personal loan options to meet your needs with minimal paperwork and fast disbursal.
After applying, you can track your L&T Finance Personal Loan status through various ways. Tracking your personal loan status keeps you informed about approval, disbursement, and repayment. Additionally, knowing where you stand with your loan helps reduce stress and adjust your budget or plans as needed.
You need to have the following information ready to check the progress:
To check your current L&T Finance loan application status, you need access to your mobile number. A One-time Password (OTP) will be sent to the registered mobile number, which you need to enter to proceed.
After applying for a personal loan from L&T Finance, you would have received a loan application number. This unique identifier helps verify your identity and the loan details.
Once your loan is approved by L&T Finance, you will receive a text message on your registered mobile number. However, you can still check the L&T Finance Personal Loan application status through the following ways:
Navigate to ‘Home’ and select ‘Choose your Loan’
Log in using your Loan Application Number
Enter the OTP sent to your registered mobile number
View your loan details
Send an email at customercare@ltfs.com with your query
Call 1800 268 0000 and enquire about the status with a customer care representative
You can track the status of your loan through the L&T Finance website or the L&T Finance PLANET - Loan App. Another way is contacting the customer care team via call or email.
Once your loan is approved, you will receive a confirmation text message on your registered mobile number. You can also check the status through the mobile app, website, or by contacting the customer care team via call or email.
The EMIs for your L&T Finance Personal Loan will be automatically deducted from your bank account through an ACH (Automated Clearing House), Standing Instruction (SI) Mandate, or e-mandate.
If the ACH payment fails due to insufficient funds in your account, you can make the payment online, pay in cash at your nearest L&T Finance branch, or use Airtel payment portals.
Yes, you can prepay your L&T Finance Personal Loan after 6 months of lock-in-period from the date of disbursement. Note that charges of up to 5% of the loan amount plus taxes will apply.
The approval timeline for an L&T Finance Personal Loan can vary depending on factors such as documentation and application volume. However, in most cases, the loan is processed and approved within 24 hours.
You can contact the L&T Finance customer care team at 1800 268 0000. The team is available every day of the week from 9 AM to 6 PM, except national holidays.