LTFS MERC: Easy Loan Option For Low Income Groups


LTFS MERC is a smart Financial service developed by L&T Finance for low-income groups. It is a kind of microfinance designed to support big dreams with small loans.

It intends to help the economically weak and marginalized section of society, expanding their earning sources and reducing vulnerability and risks. However, all this comes with a few cons, too, such as high operational costs, low repayment rates, lack of transparency, and inefficiency in collecting and managing loans and repayments.

Features of LTFS MERC

However, one of the best parts is that it is free and does not require any registration or membership. Some of its standard features are mentioned below:

  • Loan application and approval
  • Disbursement and tracking of Loan
  • Loan repayment and collection
  • Status and history
  • Loan reports and analytics
  • Customer profile and feedback
  • Customer support and grievance redressal

How to apply for a loan using LTFS MERC?

  • Visit the LTFS MERC login with your credentials and complete the captcha correctly.
  • Now click on “Loan Application” and fill in all the details.
  • Upload all the required documents such as PAN Card and Aadhaar Card
  • You will receive confirmation along with a reference number for your application.

How to Track a Loan Using LTFS MERC?

After applying for the loan, you must check your application status and approval. When your loan gets approved, you can track its status. tracking is very simple on LTFS MERC. To track the order, you must have an approved loan and valid bank details.

If you want to track your loan on merc ltfs, follow the below-given steps:

  • Log in and go to “Loan Disbursement.”
  • Fill in the loan amount and correct bank account details.
  • Confirm the transaction and create the loan agreement.
  • After this, you will get a confirmation message and a reference number for your transaction.
  • Now, use this reference to track your loan disbursement and know your balance.

How to Collect and Repay a Loan Using LTFS MERC?

LTFS MERC is an easy-to-use interface that makes collecting and repaying loans easy. You just need a valid loan agreement along with your bank details, and you’re good to go. Follow these simple steps to collect or repay the loan.

  • Log in and go to “Loan Collection.”
  • Fill in the loan amount and correct bank account details of the lender.
  • Now confirm the transaction to generate a receipt.
  • Next, a confirmation message will be sent to your phone number or email address with a reference number of the transaction.
  • You can use this reference number to track the collection and repayment of the loan.

How to Generate and Analyze a Loan Report using LTFS MERC?

Not only this, but you can even analyze your loan for mindful decision-making. If you have the loan data and a report format, you can easily generate a report using the LTFS MERC website. Follow the below-given steps to create a loan report on miflow:

  • Log in and go to “Loan Report.”
  • Select the format and type of the loan report from the given options.
  • Now, fill in the loan data and the factors you wish to analyze
  • You will get a downloadable report according to your preference.
  • Now, monitor, analyze, and make mindful decisions based on the performance and impact of your loan.

Moreover, you can also support and manage your customers by just following a few steps. Go to the  “Customer Management” after logging into your LTFS MERC account. Select the customer you want to support after viewing their profile and history. Now, connect with the customer using the information provided there. Next, record the feedback along with the service request. Additionally, you can also use LTFS MERC to enhance customer satisfaction and retention using the customer management and support system of the LTFS MERC.


LTFS MERC is a web application for microfinance services. It facilitates the collection and management of loans that offered by LTFS MERC to the economically weaker section of our society. It was developed by L&T Finance with a noble mission to give loans to those who are not eligible for general bank loans. Moreover, it is completely free and has a very easy-to-use interface with an intuitive design. This means using this platform to apply, track, collect, and repay the loan is like a breeze, and you don’t need any help or manual assistance to use it.

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