SBI is one of the banks that aids the financial crisis of the people in their immediate emergency. You can apply for a personal loan in SBI, and once you are done applying, SBI allows their customer to check the status of the personal loan.
Before getting into the process of checking your application status, be sure to keep all the required documents and details in handy. It can be your reference number, DOB, mobile number, etc.
Now, let’s have a deep study of the importance of checking loan application status and methods to check loan application status.
Importance of Checking Loan Application Status in SBI.
Once you have applied for a loan, don’t guess that your work is done. It is crucial to follow up on your application status. By doing so, you can easily judge or be aware of the arrival of the amount.
It may help you in terms of emergency or immediate financial needs. Proper planning will help you to stand firm during the financial crisis. Thus, keep tracking your application status online or by visiting the bank in person.
Methods to Check SBI Bank Loan Application Status.
It’s important to check or follow the status of the application to verify the process. There are two methods to follow up the application status. They can be done online and offline.
You can do the online procedure by just visiting the online portal of SBI. For offline, visit the nearby SBI branch and ask about your SBI personal loan status. Make sure you have all the needed documents and loan reference numbers to track the status of your application. Before going to the bank, have the following details handy:
- Reference/Application number
- Registered mobile number
- Personal details
Further, you can also check the status of your personal loan application by calling the toll-free numbers – 1800 112 211 and 1800 425 3800.
Steps to Check SBI Bank Loan Application Status Online.
You can track your application status by logging into the Apply Online Home Page and clicking on Application Status. The below-mentioned are the steps to check the status of the SBI Personal Loan application online:
- Visit the Application Status page on the official SBI website.
- Next, click the option on the right-hand side of the page.
- You will be able to find the ‘Application Status’ tab. Click on it.
- Fill in the required details, such as the ‘Reference Number’ and the ‘Mobile Number,’ after selecting the ‘Retail Loan’ option. After doing so, click the ‘Track’ button to proceed.
- Now, you will be able to track the loan disbursement status.
Conclusion.
Thus, the process of tracking SBI personal loan applications can be done by visiting the bank branch, through their website, mobile application, reference number, etc.
If you don’t wish to apply for a loan with a bank, you can also choose other NBFCs for your personal loan application.
FAQs
You can use the SBI customer care numbers to contact the personnel and enquire about your loan application status. Here are the toll-free numbers you can call - 1800 112 211 and 1800 425 3800.
You can expedite, that is, speed up your loan approval process by fitting into the eligibility criteria and submitting all the required documents during the application process. If there is nothing that needs to be taken a second look at during your approval process, it will be done quickly.
SBI takes an average of 2 to 3 days to verify and approve a loan application. Ensure you submit all the required documents during your application. How can I contact SBI customer service to inquire about my loan application status?
Can I expedite the processing of my SBI loan application?
How long does it usually take for SBI to process a loan application?
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
