We all know that the probability of your personal loan application depends entirely on your CIBIL score. If your credit history is better, then chances are that your personal loan will be approved quickly and easily.
Applicants apply for the loan and wait for its approval. Nowadays almost every lending institution has its own online loan apps by which users can apply for a loan and check for status without any hassle. These apps are easy to use.
Mostly there are 2 ways to check the personal loan status:
- Offline Mode
- Online Mode
A.) Offline Mode:
- Customer care toll-free number- In this mode users can enquire about the status of a loan through a particular financial institution's Customer Care number. The loan status can be confirmed by calling the customer care numbers.
- Visit the financial institution- Applicants can visit the branch and meet the officer in charge to know the status of your personal loan application.
B.) Online Mode: Financial institution provides the facility of checking the status of loan online in the mode of loan apps. Different instructions have their own personal loan apps by which the user can easily check the status.
To check your personal loan status from loan app you need to provide the following details correctly:
- Name of the Applicant
- Reference Number
- Date of Birth
- Mobile Number
- PAN Number
To avail of the loan, you can use the web version or download the loan app. Most of the lending institutions send SMS, Email for approval or rejection of the loan with all the required details. Hence, it is easy-to-use the loan apps. It is user-friendly and convenient for users.
Additional Read: Track your Personal Loan Status Through Online Loan Apps
