How To Check & Track Personal Loan Application Status For Top Banks
When faced with an unexpected financial crisis, personal loans come in handy. However, you must remember that applying for the loan amount and finally receiving it takes some time.
While waiting for your loan amount, you can track your personal loan application status to ensure that the loan is processed promptly. However, monitoring loan application status varies from one bank/NBFC to another. To make things a bit easier for you, here’s an article discussing how to track personal loan application status at the top 5 banks.
Top 5 Banks process to track and check loan status.
- SBI
The SBI, also known as the State Bank of India, is an Indian multinational Fortune 500 company. It is a public-sector banking and financial services statutory body, and its headquarters are in Mumbai. It has a rich legacy spanning almost 200 years and is one of the most trusted banks in India.
To track your personal loan application status online using your SBI loan account, you need to follow the simple steps listed below:
- Visit this website.
- Click on “Apply Online.”
- The website will immediately direct you to a separate page. You’ll find the “Application Tracker” option on the top right-hand side of this page. Click the “Application Tracker” option.
- A pop-up window will appear, from which you must select the “Track” and “Retail Loan” options.
- Now, you need to enter your registered mobile number and reference number. Then click on the “Track” option.
Then, you will be able to see the status of your personal loan application.
To track your personal loan application status through the mobile application, you need to follow the steps listed below:
- Download the SBI loan mobile application on your phone.
- Open the app, and then click on the “Personal Loan” option.
- Choose the personal loan scheme you have availed of and then click on “Next.”
- Click on “Menu,” which you’ll find on the top left side of the app. A drop-down list will appear, and from it, click on the “Track Application” option.
- Type in your application reference number and your registered mobile number.
You’ll immediately see the status of your personal loan application.
- HDFC Bank
The Housing Development Finance Corporation, or HDFC, is one of India’s major private banks. HDFC Bank offers its customers a wide array of financial products and banking services through a growing branch network, an ATM network, and digital channels like Netbanking and MobileBanking.
To track your personal loan application status online using your reference number, you need to follow the steps given below:
- Click on the link.
- A window will appear. Once the window appears, type in either the applicant’s name or the reference/proposal number. Also, you will have to enter either the applicant’s date of birth or the applicant’s registered mobile number.
- Then click on “Submit,” and you will be able to check your loan status.
- Axis Bank
Axis Bank is India’s third-most popular private-sector bank. It offers an entire range of financial services to customer segments covering large and midsized corporations, agriculture and retail businesses, and MSMEs. It began operations in 1994 and today has over 4,758 domestic branches.
To track your personal loan application status simply by using your loan application ID, you must follow the basic steps given below:
- Go to the official website of Axis Bank.
- Type in your application ID and date of birth. Also, correctly enter the captcha code.
- Then click on “Enquiry.”
The website will then show you the status of your loan application. You can also track your personal loan application status online using net banking by following the steps mentioned below:
- Visit Axis Bank’s official website and then log in to your net banking account.
- After logging in, find and select the “loan” option.
- Once the loan section opens, you can see the option to track personal loan application status.4. ICICI Bank
ICICI Bank is yet another prominent private-sector bank in India. It was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its subsidiary. ICICI Bank offers various financial products and services to retail and corporate customers through various delivery channels and its group companies.
To check and track your personal loan application status using the official website of ICICI Bank, you must go through the following steps:
- Go to the official website of ICICI Bank.
- Then type in the “reference number” or “form number” in the designated field.
- Click on the “Submit” button. You will soon be able to see the status of your loan application.
You can also call the toll-free ICICI Bank customer care number at 1800 1800 to track your personal loan application status.
- Bank of Baroda
The Bank of Baroda is an Indian state-owned banking and financial services organisation established on July 20, 1908. The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded the Bank of Baroda. It has its headquarters in Vadodara and offers its customers a wide variety of financial products and services.
To check and track personal loan applications online using the official website of the Bank of Baroda, you have to follow the easy steps listed below.
- Visit the official website of the Bank of Baroda.
- Click on the “Login” tab at the top right corner of the webpage.
- A drop-down list will appear. From the list, click on the “Baroda Connect (Net Banking) India” option.
- A new window will open. Select “Retail User” on the newly opened login page.
- Then, log in using your user ID.
Once you log in, you need to follow step-by-step the instructions given on-screen to check the status of your personal loan application.
You can also call the Bank of Baroda’s toll-free customer care numbers, 1800 102 4455 and 1800 258 4455, to know your loan application status.
Conclusion
Tracking loan application status has never been easier, and you can now do it either offline or online. If you aren’t well-versed in technology, you can always visit the bank branch and ask the officials there to help you out.
Today, most banks and NBFCs have built user-friendly online loan status tracking tools, and Piramal Finance is no exception. This leading finance company, which offers quick, hassle-free personal loans, also has an online loan application status tracker tool to help its clients be aware of what is happening with their loan applications.