How to check HDFC Personal Loan status?
7th March 2025
2:52
On this Page:How do you check HDFC personal loan status online?
You can check your HDFC personal loan interest, loan eligibility and personal loan status online by visiting the HDFC Bank website.
To check your loan status, follow the below steps:
- On the HDFC Bank’s official website, find the ‘Personal Loan’ tab
- You’ll see the ‘Manage Your Loan’ section
- Click on the ‘Track Your Application.’ button
- Now, you’ll be redirected to a new page
- To check your loan status, you need a reference or proposal number
- After entering your loan number, enter the captcha code and click on the ‘Submit’ button
- Now, your HDFC personal loan status will be displayed on the screen
HDFC Bank MobileBanking App
- Download the app from Play Store or App Store
- Login to your account using Customer ID
- Find the loan section and click on the track status
- Now, you can easily access your loan details without the hassle
How to Check HDFC Personal Loan Status Offline?
To know how to track HDFC personal loan offline, take a look at the below points:
Visit the Nearest Branch Office: You can visit the HDFC Bank branch office, talk to the bank representative about your query and know your loan status. For the same, you need to provide your loan reference number, using the same, the bank official will tell you the loan status.Call the customer care number: You can check your loan status without going anywhere by calling the bank's customer care number: 1800 202 6161/1860 267 6161. Once you are connected to the service provider, tell them your query and provide the loan application details so they can fetch the data and let you know the current status of your personal loan application.Factors Affecting HDFC Bank Personal Loan
Now that you’ve learned how to check your personal loan status, know what affects your loan application:
Incomplete Information:
This refers to missing details on your loan application, such as unanswered questions or needing more necessary documents. A piece of comprehensive information is needed to assess your financial situation and creditworthiness adequately.
If your application is incomplete, it may be delayed in processing or even rejected. The bank may view incomplete submissions as a lack of diligence or transparency, prompting them to question your reliability.Poor Credit History:
Poor credit history typically means you have a record of late payments, defaults, or high credit utilisation. It signals that you may be a risky borrower. A poor credit history can lead to higher interest rates, reduced loan amounts, or even outright denial of your application. HDFC Bank uses your CIBIL score and history to gauge how likely you are to repay the loan on time.High Debt-Income Ratio:
The debt-to-income (DTI) ratio measures the percentage of your monthly income that goes toward servicing existing debt. A high DTI indicates that a large portion of your income is already committed to debt.
A high DTI ratio can raise red flags, suggesting that you may be over-leveraged and could struggle to make additional payments. This may lead to higher interest rates, lower loan approvals, or the need to provide a co-borrower/asset.
Considering these factors can help you address potential weaknesses in your loan application, such as improving your credit history or paying down existing debt, to enhance your chances of approval.Conclusion
Applying for a personal loan is effective when you are eligible for the same. So before you proceed with your application, check your HDFC personal loan eligibility criteria. Check you have all the necessary documents. And if your loan application is being delayed, use the above steps to check your HDFC personal loan status online/offline.
Frequently Asked Questions
How do you check HDFC personal loan statements?
What is the outstanding balance for my HDFC personal loan?
