We take great pride in sharing the successful and timely delivery of our latest project for a leading finance company – L&T Finance (LTF). The project involved translation of 13000-word loan documents into 11 Indian languages. The challenge lay in translating highly technical documents into 11 Indian languages without changing the underlying meaning of the sentences. However, our team of expert translators and linguists accomplished this Herculean feat through their dedication and determination.
Headquartered in Mumbai, L&T Finance (LTF) is a part of the prestigious L&T group and is a prominent Non-Banking Financial Company (NBFC) in India that provides lending options and serves the unique financing needs of rural as well as urban sectors. LTF has achieved the prestigious ‘AAA’ credit rating from four prominent rating agencies, demonstrating its financial strength and reliability. The company has further distinguished itself by earning excellent ESG (Environmental, Social, and Governance) ratings, showcasing its dedication to sustainable business practices. With an extensive branch network spanning the length and breadth of India, LTF provides comprehensive financial accessibility and addresses the varied monetary requirements of people and communities nationwide. The organization is particularly focused on promoting financial inclusion through targeted outreach to underbanked and economically disadvantaged segments of society.
The Loan Document Project for LTF encompassed translating nearly 13,000 words of technical content in 11 popular Indian languages. These languages included Assamese, Bengali, Gujarati, Hindi, Kannada, Marathi, Malayalam, Oriya, Punjabi, Tamil, and Telugu. While translating the documents, our team also paid special attention to cultural sensitivities to ensure that the information would be processed in the intended manner. Along with translation, we also performed a thorough review of the translated version to ensure that the gist was retained and the content was easily readable and comprehensible for the lay person, who would eventually fill the form while applying for loans for their business or other needs.
Translation: We successfully translated all the loan documents into 11 Indian languages without any AI intervention. Our translators positioned themselves in the shoes of the lay person to ensure that the information mentioned in the documents was easy to understand and read.
Review: Our team of reviewers and proofreaders performed multiple rounds of reviews to ensure that the final product was error-free, culturally sensitive, and easy to decipher.
Document designing and typesetting: We adhered to the specifications of the client and ensured that the final copy was designed in line with the format and layout of the original document. The final copy was clean and in a ready-to-use format.
Our team worked tirelessly to meet the stringent deadlines and in the end, their efforts paid off. The critical goals of this project included the following:
Our team ensured that the translation was to the point and would be understood well by the local people in the respective communities. Even the slightest of mistake in translation can cause losses worth millions of rupees to the customer. Keeping this in mind, our translators paid attention to each and every word to ensure that the final message was not lost in translation.
Our expert reviewers and proofreaders painstakingly reviewed the documents to ensure that no stone was left unturned. As these are translated documents, our reviewers had to ensure that the flow of sentences was appropriate and that it adhered to the linguistic rules of the translated language.
Since the end product was a technical document, our team ensured that the documents were prepared in the original format and adequate attention was paid to the typesetting, layout, and overall design.