If you have invested in a fixed deposit with Bajaj Finance, you can use this amount as collateral to get a loan through the loan against fixed deposit (LAFD) facility. This option allows you to get funds without compromising on your investment or opting for a premature withdrawal. Once you have availed this facility, it is vital to manage your loan efficiently for a hassle-free experience.
To help you track and manage your LAFD account, Bajaj Finance has offered a customer portal, 'My Account.' By signing into this portal, you can conveniently track your loan status, check your account balance, download account statements, and raise service requests to foreclose your loan.
To use these features, follow these simple steps:
- Sign into My Account by visiting our website and clicking on the ‘Sign-in’ button or by using the app.
- Enter your mobile number and the OTP received on your registered mobile number.
- Once you have signed in, you will be directed to your dashboard, where you can track your loan details, including the outstanding amount, interest rate, and other related information.
- You can also download your Statement of Account and other related documents with just a few clicks.
- If you wish to close your loan account before its maturity date, raise a service request online or visit any of the branches to foreclose your loan.
Managing your loan against fixed deposit is no longer a daunting task, thanks to My Account. Now you can efficiently monitor your loan account and take the necessary steps to keep it on track. Check your loan status, access your account statements, and even foreclose your loan online or offline at one of our branches. So, sign into My Account today and stay on top of your LAFD account.
