A personal loan is one of the best ways to meet your financial emergencies as it is collateral-free, approved quickly, and can be used for any purpose. Add to this, the convenient repayment options and you have the best financial solution to address your requirements. To get a personal loan quickly, apply with lenders that offer instant approval.
While you may have applied with a lender that offers speedy personal loan application procedures online, you may have urgent expenses to finance. To relieve any stress you may be experiencing and to keep yourself informed, you can check your personal loan application status. Here are three ways to do this.
Through Net Banking
Almost every bank and NBFC offers a net banking facility to its customers. Apart from managing your savings and current account, credit card account, and EMIs, you can also track your personal loan application status using net banking. So, if you are an existing customer of your lender, log in to the net banking portal and go to the loan section. Here, you can view the application status and even apply for a loan.
Through Your Mobile Number
Alternatively, you can also track your personal loan application status online through your mobile number. Since your mobile number is unique, lenders use the number to authenticate your loan application status. All you have to do is visit the lender’s loan homepage and check if they offer this tracking method. Look for and click on ‘check application status’, enter your mobile number, and request an OTP. Submit this to view your loan application status. Some lenders may also ask you to furnish your date of birth for security reasons.
Through Your Reference Number
When you apply for a loan, you are given a unique reference or application number, which you can use to check your personal loan application status. All you have to do is visit the lender’s branch or call customer care and give them this number to enquire about your status. You can also use this number to check the status online. Additionally, the lender may also ask you to furnish details like your PAN card number and your date of birth.
To enjoy quick approval within a few minutes and disbursal of funds within 24 hours of approval, apply for a Bajaj Finserv Personal Loan. Thanks to the simple personal Loan eligibility criteria and minimal documentation, this lender quickly sanction your loan, so you can attend to your emergencies without any delay or compromise. With this loan, you can unleash a hefty sanction of up to Rs.25 lakh at nominal interest rates, which you can repay conveniently in tenors ranging from 12 to 60 months. You can also benefit from this loan by availing it as a Flexi Loan by which you can enjoy flexible withdrawals from your sanction and save up to 45% on EMIs. Be sure to calculate your personal loan EMI using the EMI calculator to input different combinations of the principal amount, rate of interest, and tenor before applying for a loan. This way, you can arrive at an affordable personal loan EMI that you can repay easily without overstepping your budget.
To get a personal loan quickly and view your customized deal, check your pre-approved offer and enjoy a one-step hassle-free online application.