Abhyudaya Bank Personal Loan Status

Abhyudaya Bank offers a range of credit solutions including personal loans. If you have recently applied for a personal loan from Abhyudaya Bank and wish to check the status of your loan, you can directly visit the nearest branch of the lender and speak to a representative about the same or contact the lender’s branch via email/phone to enquire about the status of your loan. Let’s look at the various channels through which you can reach out to the lender to check the status of your personal loan application.

Offline Channels to Check Abhyudaya Bank Personal Loan Status

1. Through the Branch: You can check the status of your personal loan application by directly visiting the lender’s branch. It is best to use the lender’s branch locator feature to know the address of the branch that is closest to your area of residence or business.

To use the branch locator tool, you will need to visit the lender’s official website. When you are on the homepage, click on ‘Branch’, which you will find on the left of the webpage. On the following webpage, you will need to enter your name, IFSC Code, the state that you reside in, and the city that you reside in. Post this, click on ‘Search’. Once you do this, you will be able to view the address of the branch.

When visiting the lender’s branch to check the status of your loan application, ensure that you have the reference number of your application.

1. Via Phone/Email: If visiting the lender’s branch is not a feasible option, you can either reach out to Abhyudaya Bank’s representatives via phone or email. To get the contact number or email ID of the lender’s branch, you will again have to use the branch locator tool, which will display the contact number, fax number, and email ID of the branch right under the branch’s address.

It is best to contact the bank at which you submitted your personal loan application to know its status. Make sure to keep the necessary information with regard to your personal loan application in hand before calling the specified number or sending an email to the lender.

You can follow any one of the above-mentioned channels to know the status of your loan application. To avoid any delays in the processing of your personal loan application, ensure that you key in all the required details into the application form. Also, make sure to provide the necessary documents to the lender for verification along with your application form.

FAQs on Abhyudaya Bank Personal Loan Status

1. What is the maximum sum of money that I can borrow from Abhyudaya Bank?

   Ans: The maximum amount that you can borrow from the lender is Rs.5 lakh.

2. What is the lender's eligibility criteria for personal loans?

   Ans: Abhyudaya Bank offers personal loans to permanent salaried employees, self-employed individuals, businessmen, and professionals. Applicants should have a minimum salary of Rs.8,000 per month after EMI deductions.

3. How can I calculate the payable EMI?

   Ans: You can use an EMI calculator to calculate how much you will need to repay on a monthly basis to the lender.

4. What is the maximum loan tenure?

   Ans: The maximum loan tenure is 84 months, in the case of personal loans.

5. What are the documents that I will need to submit when applying for a personal loan from Abhyudaya Bank?

   Ans: A few documents that you will need to submit are as follows:

   • Latest photographs
   • Photo ID proof
   • Pan card
   • Address proof of the applicants and the guarantors
   • Salary slips of the last three months
   • Bank statements of the last six months
   • For 16A and IT returns of the last three years
   • Financial statement with ITR copy (applicable for businessmen)
   • Bank statement of one's business account for the last one year (applicable for businessmen)

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