Loans
The blog outlines various methods to check the status of a personal loan application, including online options like the lender's website and mobile banking, as well as offline methods such as customer care helplines and visiting bank branches. It emphasises the importance of having necessary information like the application number and identification ready for inquiries.
Personal Loans are easy to obtain, and you can apply for them online or offline. When you apply for the loan, the lender typically takes a few days to verify your application. The lender assesses your loan requirements and documents and decides whether or not you are eligible. During this period, if you wish to know the status of your Personal Loan, you can check it through different methods. This article explains the different ways how to check Personal Loan status.
Lenders today process Personal Loans swiftly, typically disbursing funds within 24-48 hours. But when you apply for a loan during an emergency, you may wish to know about your loan status periodically, which you can do through online and offline methods. To track the loan status, you must ensure you have the following data handy:
The following are the different ways you can track your Personal Loan status online:
The most obvious way to check your loan status is to visit the lender’s official website. When you apply for a loan, the lender typically creates your loan proposal/reference number and sends a link to your email and mobile number. You simply need to open that email and click on the link to be redirected to the lender’s website to check the loan status.
Most borrowers prefer to apply for Personal Loans from banks with an existing relationship. In case you opt to do so, you can track your loan application by logging into your internet or mobile banking account and heading to the section dedicated to Personal Loans. You should be able to track your loan status there.
Other than the online methods, lenders also allow you to conduct enquiries about your loan status offline via the following methods:
Every bank and Non-Banking Financial Company (NBFC) offering loans has a dedicated toll-free number on which you can call any time to make enquiries about your loan status. You can call on these numbers. Remember to have your reference number, RMN and/or PAN/Aadhaar details handy to complete the identity verification process on the call.
If you prefer to conduct an in-person verification of your loan status, it is always best to head straight to the lender’s office. Go to the nearest branch of the bank to inquire about your loan status. You must also carry the loan details documents to assist with the enquiry.
Whether you need loans to fund contingencies or to pay for high-ticket expenses, you can obtain an instant Personal Loan From HDFC Bank. You can apply for the loan online, track your loan status through our tracking form and enjoy fund disbursements within 4-48 hours. Our simple online process with paperless documentation helps you get the necessary funds quickly.
*Disclaimer: Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Personal Loan at the sole discretion of HDFC Bank Limited. Loan disbursal is subject to documentation and verification per the bank’s requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.