When your loan is accepted, and the loan account is formed, your bank allocates a unique set of numbers to your loan account.” Each loan account has its loan account number. The loan account numbers will differ if you have taken out two or more loans from the same bank. Banks use the loan account number, unique to each loan account, to keep track of all the loans they have sanctioned.
After you apply for a loan and it is authorized, you must keep track of your loan payment. However, it might be challenging, particularly if you have more than one ongoing loan. Banks, too, struggle to keep track of each loan they make. The LAN, or loan account number, simplifies things for both sides.
What is the significance of knowing your loan account number?
To manage your loan, check your loan status, and pay EMIs, you must know and remember your loan account number. Whether you repay your loan via net banking or a debit card, you must provide your loan account number.
Your loan account number is also useful if you want any additional assistance or service related to your loan. Only when you have provided the loan account number will the bank be able to help you with your inquiries. If you need to edit any personal information on your loan account, you will need your loan account number to do so. For example, if you updated your contact information and want to update it, you must provide your loan account number.
How can you locate your loan account number?
There are various methods for determining your loan account number. Here are a few examples:
1. Examine your loan statement
The loan statement your bank sends when your loan is approved will include all loan data, including your loan account number. The statement will also provide information on your paid EMIs and the outstanding balance.
2. Access your bank’s website or app.
You may also verify your loan account number by connecting to your registered banking account on the bank’s website or using Bajaj Finserv Mobile app if you want to pay your loan EMI. Then you can do this with simple steps.
Below are some steps to pay your Loan with the app:
- Visit Google Play Store and Download Bajaj Finserv app
- Then Launch the app and log in through your mobile
- To ‘Generate OTP,’ enter your 10-digit mobile phone number
- Enter the OTP and click the ‘Proceed’ button
- Click on ‘Loan Repayment‘ in the ‘Financial Services and Taxes’ section From the drop-down menu, choose your loan provider then ‘Proceed’ after entering your loan account number
- Choose your preferred payment method and finish the transaction
3. Dial the bank’s toll-free customer service line.
Call the bank’s toll-free customer service hotline for information and assistance with your loan. If you have applied for a loan with IDFC FIRST Bank, you may contact the bank’s loan hotline at 1860 500 9900 between 9:30 a.m. and 6 p.m. on all working days, save the second and fourth Saturdays and bank holidays. You may contact customer care if you need to know your loan account number or if you have any other questions about your IDFC FIRST Bank loan or idfc online payment options.
4. Go to any of your bank’s branches.
You may take your PAN card and bank account information to the branch where you obtained the loan. Give the information to the bank’s officer. Following verification, the officer will provide you with your loan account number.
How to find your Bajaj Finance Loan account number
Here are some methods for obtaining the Bajaj loan account number:
A. Client Portal
Step 1: Launch Client app.
Step 2: Enter your customer ID and OTP.
Step 3: Navigate to the ‘Services’ page and choose the ‘View All option.
Step 4: Choose the loan whose Loan you want to examine.
Step 5: Select ‘View Details.’
Once these procedures are completed, the LAN and other information will display on the screen.
B. Loan Agreement
The loan account number may be found on the loan statement. LAN is often noted at the top of the monthly loan statement. On request, current clients get such a statement.
You may get loan statements from us by contacting us via our ‘Contact Us page. Typically, the loan statement is emailed to the customer’s registered email address.
C.App Experia
To discover your Loan Account Number, use the Experia app. To speed up the procedure, follow these steps:
Step 1: Launch the Experia application.
Step 2: Sign in with a registered cellphone number, Experia ID, or Facebook and an OTP.
Step 3: Select the ‘Services’ tab.
Step 4: Locate and choose the ‘View All option.
D. Go to the Branch
Visiting the closest branch may get your loan account number in person from a Bajaj Finserv customer service representative. Carry legitimate identification proof with you to get easier access to information.
E. Send an SMS
SMS may also be used to get your loan account number. Send a text message with the word ‘LAN’ to 9227564444 from your registered mobile phone. Please keep in mind that regular SMS rates will apply.
