How to Get a Physical Statement for a Personal Loan

A physical personal loan statement provides a printed record of your loan account, repayment activity and outstanding balance. You can request one through applicable official channels, complete verification, and review the statement for accurate account and payment details.

• Request a physical statement through an applicable branch or customer support channel.
• Keep your loan account number, registered contact details and required identification information available for verification.
• Check EMI entries, payment history, outstanding balance, interest details and applicable charges on the statement.
• Retain the physical statement for your financial records and future reference when a hard copy is required.
• Contact the lender through an authorised service channel if any statement entry does not match your records.

A physical personal loan statement is a printed record of your loan account that provides relevant details about the loan and its repayment history. It may include information such as the loan amount, EMI details, payments made, outstanding balance and other applicable account entries. A physical statement can be useful when you need a hard copy for your personal records or when a printed loan document is required for an administrative or financial purpose. It also provides a consolidated view of your loan account, making it easier to review the payments recorded against your loan and check the outstanding amount. Keeping a physical copy can help you maintain your financial records and refer to the loan details when required. If you notice any discrepancy in the information shown on the statement, review the available loan records and use an authorised service channel to raise a request or seek clarification.

How can you get a physical personal loan statement?

You can request a physical personal loan statement through an applicable branch or customer support channel. Bajaj Finance also provides online access to loan statements through My Account, which can be useful if you need to review the information before requesting a physical copy.

For a physical copy, the general process is:

1. Keep your loan details ready: Have your loan account number and registered contact details available.
2. Choose an official service channel: Contact customer support or visit the nearest Bajaj Finance branch.
3. Request the statement: Specify that you need a physical copy of your personal loan statement.
4. Complete verification: Provide the information or identification required to verify your loan account.
5. Confirm the statement details: Check the requested period and other details before completing the request.
6. Receive the physical statement: Follow the applicable instructions for receiving or collecting the statement.

The exact request method and documentation can depend on the service channel available for your loan account.

What documents may be needed for a physical statement?

The documents or information required for a physical statement request can depend on the request channel and the verification applicable to your loan account. Keep your loan account details and valid identification information available when making an offline request.

You may need information such as:

• Loan account number
• Registered mobile number
• Valid identification details for verification
• The period or account details for which the statement is required

Do not share OTPs or other authentication credentials with another person. Use official customer service channels for account-related requests. If you are visiting a branch, confirm the applicable documentation requirements before making the request so that the request can be processed using the correct account details.

A personal loan statement records important information about your loan account and repayment activity. Reviewing it can help you identify the outstanding balance, payment entries and other details associated with your loan.

Check the following details after receiving the statement:

If you identify an entry that does not match your records, keep the relevant payment details and contact the lender through an official service channel for clarification.

Why should you keep a physical personal loan statement?

A physical personal loan statement provides a hard-copy record of your loan account and repayment information. It can be useful when you need to retain loan records offline or review transaction details without accessing your digital account.

Keeping a copy can help you:

• Track your repayment history.
• Verify payments recorded against your loan.
• Review the outstanding balance.
• Maintain financial records for future reference.
• Support clarification of an account entry if a discrepancy arises.

A physical statement is not required for every loan-related task. If you only need to check your balance, EMI details or repayment history, the online statement available through My Account may be sufficient. For a specific requirement involving a hard copy, request the physical statement through an applicable official channel.

A personal loan statement typically contains:

Loan Details: Loan account number, disbursed amount, interest rate, and tenure.

EMI Information: Due dates, paid EMIs, and upcoming instalments.

Outstanding Balance: Amount left to be paid.

Transaction History: Detailed record of payments made and any charges applied.

Charges and Penalties: Information about late payment fees or other additional charges.

This information helps borrowers stay updated on their financial obligations and ensures transparency in loan repayment.
 

Documents Required to Get a Physical Statement for a Personal Loan

To obtain a physical statement, borrowers need to provide:

Loan Account Details: Account number and loan reference details.

Identification Proof: PAN card, Aadhaar card, or passport.

Address Proof: Utility bills, rental agreements, or other official documents (if needed).

Request Form: Filled-out form specifying the period for which the statement is required.

Ensure you have all the required documents ready to avoid delays in processing your request.
 

Are There Any Fees or Charges for Personal Loan Physical Statements?

Lenders may charge nominal fees for providing physical statements. These charges vary depending on the institution's policies:

Processing Fee: A small fee may be levied for processing and printing the statement.

Courier Charges: If the statement is mailed to your address, courier or postal fees may apply.

Multiple Requests: Some lenders offer a certain number of free statements annually, with charges applicable for additional requests.

It’s advisable to check with your lender about their specific fee structure before making a request. Many lenders, like Bajaj Finance, offer detailed guidelines for obtaining physical statements on their official website. Learn more here.
 

Conclusion

A physical statement for a personal loan is an indispensable document that ensures you have a clear and comprehensive understanding of your loan account. Whether accessed online or offline, it serves as a vital financial record for monitoring repayments, resolving disputes, or fulfilling legal requirements. By following the outlined steps and understanding the associated fees, you can obtain your loan statement with ease and confidence.