What Is a Loan Account Number in Bajaj Finance

A loan account number, commonly known as a LAN, is a unique set of numbers assigned to your loan when it is disbursed. Every loan you take from Bajaj Finance, whether a personal loan, home loan, or consumer durable loan, gets its own distinct LAN, even if you hold more than one loan with the same lender. This number acts as an identifier for your specific loan account and is used across all loan-related activities, such as making payments, checking your balance, downloading statements, or raising a service request. You will find your LAN mentioned on your loan agreement, loan statement, and within My Account or the Bajaj Finance app.

Why your loan account number matters for repayment

Tracking your EMI history

Your loan account number lets you access your complete repayment history in one place. Using your LAN, you can view past EMI payments, check how many instalments remain, and download your loan statement whenever needed. This makes it easier to keep a clear record of your repayment progress and refer back to it if you ever need to verify a payment or raise a query with Bajaj Finance.

Avoiding overdue penalties

Having your loan account number handy helps you act quickly when it matters most. Whether you are checking your outstanding balance, confirming your next due date, or making a payment close to the deadline, your LAN makes the process faster and reduces the chances of delay. Quick access to your loan details this way can help you avoid missed payments, bounce charges, and the penal interest that often follows an overdue EMI.

How to find your loan account number

You can locate your LAN through a few simple methods:
 

Keeping your LAN saved somewhere accessible, such as in My Account or your loan documents folder, can save you time whenever you need it.

Checking your loan balance online

Once you have your loan account number, checking your balance is straightforward. Log in to My Account or the Bajaj Finance app using your registered mobile number and OTP, go to the 'Your relations' section, and select your loan using your LAN. Here, you can view your outstanding balance, EMI schedule, and current loan status, whether active or closed, all updated in real time.

Steps to clear your overdue EMI

If your loan account shows an overdue amount, you can resolve it quickly online. Log in to My Account or the app, select your loan account using your LAN, and go to the overdue payment section. Choose your preferred payment method, such as UPI, net banking, or a debit card, and complete the payment. Clearing your overdue EMI promptly helps you avoid further penal charges and protects your credit score from further impact.

What your loan account number is used for

• Checking your outstanding balance and repayment schedule
• Downloading your loan statement or other account documents
• Making EMI payments, including overdue or advance payments
• Raising a service request or query with Bajaj Finance
• Verifying your identity when contacting customer care about your loan

What to do if you cannot find your loan account number

If you are unable to locate your LAN, you have a few options:

• Check your welcome email or SMS sent at the time of loan disbursement
• Look for it on your loan agreement or any physical loan documents
• Send an SMS with the keyword 'LAN' from your registered mobile number to 227564444
• Contact Bajaj Finance customer care for assistance, keeping your registered mobile number and other loan details handy