L&T Finance Two-Wheeler Loan Statement

A loan statement provides a clear summary of your loan, covering EMIs paid, interest charged, outstanding balance, and payment dates. For L&T Finance two-wheeler loan holders, it serves as proof of repayment, a financial tracker, and a useful document for tax filing or refinancing. 

Timely access to your loan information helps you stay financially organised, well-informed, and prepared throughout your loan tenure.

An L&T Finance bike loan statement offers a detailed summary of your loan information. This helps you stay informed and in control of your repayment journey. It includes the following key components:

• EMI Amount: The fixed monthly instalment that you need to pay

• Outstanding Balance: The remaining loan amount that you need to repay over the loan tenure

• Interest Charges: Details of interest applied to the loan amount

• Payment History: A record of your previous EMI payments and their dates

• Late Payment Penalties: Any fees incurred in case of late EMI payments

You can easily check and download your L&T Finance Two-wheeler Loan Statement online using these two simple methods: 

Through the L&T Finance Website:

• Step 1: Visit the official L&T Finance website

• Step 2: Log in with your loan account number and password, or sign up if you have not

• Step 3: Go to the ‘Loan Accounts’ section and select your loan

• Step 4: Click on ‘Download Statement’ to get your statement as a PDF

• Step 5: Save or print it for future use

Through the L&T Finance Mobile App:

• Step 1: Download the L&T Finance app from the Google Play Store

• Step 2: Log in using your registered details

• Step 3: Go to ‘Loan Details’ or ‘Loan Accounts’

• Step 4: Tap on ‘Download Statement’, select the period, and download it as a PDF

• Step 5: Save or share it as needed

L&T Finance offers offline options to request your Two-Wheeler Loan Statement via email, SMS, or by receiving a physical copy. It is a straightforward and hassle-free process handled through their customer support team.

Request via Email or SMS

• Call 1800-419-9090 or email customercare@ltfs.com

• Provide your loan account number, full name, and contact details

• The loan statement will be sent to your registered email within a few hours or by the next working day

Request a Physical Copy

• Contact customer support and request a paper statement

• Confirm your loan account number and mailing address

• The statement will be sent to your home address within a few working days

Your L&T Finance two-wheeler loan statement serves multiple purposes beyond displaying your payments. Here are some of its benefits:

• Proof of Repayment

Confirms that all your EMI payments have been made on time. This helps establish your repayment track record with the lender. It also supports your credit history and can be used when applying for future credit or loans.

• Interest vs. Principal Tracker

Clearly shows how much of each payment goes towards interest and how much reduces the loan principal. This breakdown helps you understand the cost of borrowing over time. It also assists in planning prepayments to lower interest burdens effectively.

• Tax and Audit Reference

Provides essential documentation required for income tax filing and financial audits. The statement highlights interest paid, which may qualify for deductions under applicable tax laws. It also ensures transparency and accuracy in your financial records.

• Loan Management Document

Necessary when you need to refinance, reschedule, or close your loan. The statement helps assess your remaining balance and eligibility for new loan terms. It also acts as a reference during discussions with the lender for any modifications.

• Dispute Resolution Record

Serves as evidence in case of any errors or disagreements regarding your payments. It provides a detailed history of transactions, including dates, amounts, and charges. This record helps resolve issues promptly with clear and traceable information.