HDFC Personal Loan Status

What are the methods to check HDFC Bank Personal Loan Status? 

There are a number of methods which can be used to check the status of your HDFC Bank Personal Loan status. You can use any one of the following methods, as per your convenience: 

• Through your HDFC Bank Account Number
• Through your mobile number which is registered with the bank 
• Checking online using your reference number or proposal number 
• Through the HDFC mobile application 
• Through offline mode 
• Through BankBazaar portal 

What are the Details Required to Check HDFC Bank Personal Loan Status?

You can track the status of your HDFC Bank personal loan by providing the reference number you have received at the time of application. You will receive this number in an SMS from the bank. It is necessary to save this number for future reference. You must also provide your registered mobile number to receive the application status.

How to Check HDFC Personal Loan Status Online Using HDFC Bank Account?

If you are an existing customer of HDFC Bank, you can sign in to the account and check the status of your loan. You may do this using the following steps:

• Click on the net banking link on the official website of HDFC Bank
• Enter your details and log in to the website.
• Once you have logged in, locate the ‘loans’ section on the menu bar.
• Track Loan Application form through HDFC website

• If you have already applied for a loan, you find the link to track the status of your application in this section.
• If you haven’t applied for a loan already, you may apply for a new loan under this section.

How to Track HDFC Personal Loan Status with Your Mobile Number? 

When you are applying for a loan with HDFC Bank, you need to provide your mobile number to the bank. Any further communication with the application will be done through this number. Hence, the bank offers an easy way for customers to track the status of their loan application with the help of their mobile numbers. The steps to track the status of your loan application are given as follows: 

• Visit the official website of the HDFC bank. 
• Under the menu ‘products’, click on ‘loans’ and then ‘personal loans’. 

• Once you click on ‘personal loan’, you can find the personal loan page with all the details about your personal loan. 

• On this page, find a ‘floating menu’ at the bottom of the page and click on ‘track personal loan request’. 
• Once you click on it, a new page will open to request your mobile phone number. 

• You need to enter your mobile number to receive the verification code sent by the bank. 
• Once you fill in the verification code, the status of your personal loan will be provided by the bank. 

How to check the status of your personal loan using your reference or proposal number?

• Click on the link https://leads.hdfcbank.com/applications/misc/LST/loantracker.aspx
• Enter either the name of the applicant or the reference/proposal number. You will then have to enter either the date of birth or the mobile number of the applicant. Click on ‘Submit’.
• You will then have the option of checking the status of your personal loan.

How to Check the Status of HDFC Personal Loan Through the Mobile App? 

The bank has a mobile app for usage by its customers. Customers can use this app to check their account balance, credit card balance, etc. This app can also be useful in tracking the status of your loan. HDFC has a different app for managing its loans. You can download the HDFC Loan Assist application from Google Play to keep track of your loans. You can use this application as follows: 

• Once you have downloaded the application, you can check out the list of loan products offered by HDFC Bank. 
• If you have already applied for the loan, you can choose the personal loan option in this app and check your application status.
• Once you have provided the necessary details, the status of your loan application will be provided to you.

How to Check the Status of HDFC Personal Loan Offline?

In addition to the online methods given above, the bank also offers a few offline methods for customers to check the status of their loans. The best way to do this offline is by visiting the branch office of HDFC. All the top cities in India have multiple locations of HDFC branches. When you visit the branch office, you need to provide the reference number that was given to you at the time of loan application. With this application number, the bank official will be able to provide you the status of your loan.

You may also avail the services of the bank’s customer service department to check the status of your loan. You can use the toll-free number 1800 258 3838 to reach out to the customer service department. When speaking to a representative, you must provide your registered mobile number and the loan application reference number. With these details, the representative will be able to track your loan status and provide it to you.

Factors to keep in mind before checking the HDFC Personal Loan Status

• Your credit history
• Your CIBIL score
• Your age
• Your source of income
• Your occupation
• Any loans that you are yet to repay
• Usage of your credit cards or the loans you may have availed previously
• Ensuring that you have submitted proper documents

How to Check Loan Status Through BankBazaar?

Customers can also apply for a personal loan through BankBazaar website or mobile application. In this way, they can check out the best offers available in the market and apply online instantly. If you have applied for a loan through BankBazaar, you can easily keep track of your loan application by following these simple steps:

• Visit the official website of BankBazaar.
• On the top right corner of the home page, you can find the ‘Track Application’ button.
• When you click on it, you will be redirected to a new page.
• On this new page, you must enter your loan application ID and mobile number.
• After entering these details, click on ‘Track Application’.

• You may also choose to log in to the site with your Google ID or Facebook ID and then track the personal loan application status.

The status of your loan will be displayed immediately after you enter the necessary details and click on the track application button.

FAQs

1. Which is the best way to know the status of my loan application?

There are many ways to keep track of your loan application status. However, the online method is the easiest one for customers. Here, all you have to do is visit the website of the bank and enter your details. The status will be provided instantly. It saves you the trouble of visiting the branch office to know the status.

2. I checked my loan application online, and it was rejected. What could be the possible reason for rejection?

There are many reasons why your loan application could be rejected. The most common reason is poor credit history. If you have defaulted on your loan earlier, you are likely to have a low credit score. In this case, your loan application will be rejected by the bank. Also, if you have other existing loans, the bank will consider that as a factor for rejection. It is better to check our credit score to get a better understanding of the reason for rejection.

3. My application status says that it is accepted. What is the next step?

The bank will contact you soon with further details about the loan. Once the formalities are over, you can receive the loan amount in your bank account soon. If you don’t receive any communication from the bank, you may contact the bank’s customer service department and enquire about the delay.

4. What can I do if my loan application is rejected?

You may have to improve your financial position and apply later. It is not a good idea to apply again to the same bank or other banks. You need to find ways to improve your credit score. By practicing financial discipline, you could show potential lenders that you are not a credit risk.

5. What can I do if my loan status is not available online?

For most customers, the loan status will be displayed immediately. However, in some rare cares, your status may not be updated by the bank. In this case, you can contact the customer service and enquire with them. You may use the toll-free number 1800 258 3838 to reach out to the customer service department. You may also check the number of your specific city by checking the customer care section on HDFC’s official website.

6. How can I track my HDFC personal loan status? 

HDFC bank personal loan applicants can check the status of their personal loan on the website of the bank by using either their application name, application reference number and date of birth and mobile number.

7. How can I check my personal loan eligibility in HDFC Bank? 

HDFC Bank customers can make use of the personal loan eligibility calculator to know if they are eligible. The eligibility calculator will take into consideration the age of the applicant, income, loan amount and tenure chosen, etc.

8. How long does it take for HDFC Bank to disburse a personal loan? 

HDFC Bank promises disbursal of personal loans in 10 seconds for pre-approved customers and within 4 hours from approval for other customers. 

9. Can I close my HDFC personal loan after 1 year? 

As per the terms and conditions set by HDFC Bank, personal loan borrowers can close their loan account after the payment of 12 EMIs.

10. How long does it take to get a personal loan approved?

HDFC Bank approves personal loans within a few hours from the submission of the required documents.

11. How can I check my HDFC Bank personal loan status?

You can check your HDFC Bank personal loan status on the website of HDFC Bank or at the nearest branch of HDFC Bank. Applicants can check the status of their personal loan using their reference number and mobile number.

12. How can I check my loan EMI in HDFC Bank?

Download the loan statement from the HDFC Bank net banking portal. This will display the details of your EMI.

13. How can I check my HDFC Bank pre-approval? 

If you’ve had a long-standing relationship with HDFC Bank and have paid all your past loans with them, you will be eligible for an HDFC Bank pre-approval.