A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • SBI Home Loan Status

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    SBI Home Loan Status

    State Bank of India is one of the largest bank in India with over 15,969 branches all over the country. Being a trusted name, it is one of the most preferred home loan providers in the country according to a survey by TV 18.

    SBI Home Loan can be availed at low interest rates and processing charges. Hence, it is no surprise that each branch has to deal with a number of loan applications everyday. As a result, sometimes it is not possible for the bank to give personal attention to your loan application status. You can, however, always enquire about your loan application status at SBI.

    But first, you have to apply for a loan. One can apply for a home loan by walking into any SBI branch, or by simply via their online portal. Both new and existing customers of SBI can apply for home loans. The loan quote is generated immediately in the online process. One simply has to accept the quote and submit the application for the approval process to begin.

    Step By Step Process of Checking Home Loan Status at SBI

    Once you complete your application process, you may want to check its status in order to get an update. You can track your application status with the following steps:

    • Visit the SBI website and go to their “Status of Loan Application” page.
    • Select the type of loan as “Home Loan”.
    • Enter your Application ID in the space provided.
    • Select your birth day, month and year from the dropdown menu.
    • Type the characters shown in the image for verification purposes (if verification fails, you can refresh the page for a second attempt).
    • Verify your details and click on “Submit” to know the status of your loan application, or on “Clear” to re-enter the details.
    • After submitting, the website will take you to a page displaying your current loan status.

    Anyone can find out their loan status by following the above-mentioned process, any time they want. However, if you have applied for the home loan via a third-party partner like BankBazaar, you can contact the executives their any time and know about your loan status without any hassles to yourself.

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