How to Track the Status of your Personal Loan Application?

After you apply for a loan with a bank or lender, most people want to know if it's approved, rejected, or still being processed. Not knowing the status can leave you unsure about what to do next. Let's find out how you can easily check the status of your personal loan application, both online and offline:

To find out about your loan application, just go to your lender's official website. Look for a section that says something like "Track Application Status." There, you'll need to fill in a few details, and you'll be able to see where your loan application stands. Most banks and financial companies have an easy-to-use system for this on their websites.

To check your loan application status, follow these steps:

1. Visit the official website of your lender.

2. Find the "Track Application Status" section.

3. Provide the following details in the given sequence: a. Full Name of the Applicant b. Registered Mobile Number c. Date of Birth & PAN Card of the Applicant d. Loan Reference or Registration Number (if available) e. Any other unique number provided by the bank

Once you've entered this information, you should be able to see the current status of your loan application.

• By Visiting the Bank/NBFC Branch
• Calling the Personal Loan Customer Care or Toll Free Number
• Personal Loan Application Tracking via Net Banking (For existing customers)

If your personal loan application is rejected or is taking too long to process, you can explore alternative options through online financial marketplaces like Mybankingtips.com. These platforms allow you to compare personal loan offers from various banks and NBFCs. They consider factors such as your monthly income, credit score, employment type, age, and location to provide

you with personalized loan options. This can be a helpful way to find alternative solutions and choose a suitable personal loan that meets your financial needs.