How can I track the progress of my business loan application?

How can I track the progress of my business loan application?
4 mins read
14 July 2023

A business loan can help you meet your working capital needs, expand your operations, invest in new equipment, or fund any other business-related expenses. However, applying for a business loan can be a time-consuming and tedious process. Therefore, it is important to track the progress of your business loan application and know the status of your approval, disbursal, and repayment. This can help you plan your finances better, avoid any delays or errors, and stay on top of your loan obligations.

You can track the progress of your Bajaj Finserv Business Loan through the customer portal or Bajaj Finserv app.

Through the customer portal

You can easily track the progress of your application online through the customer portal – My Account. Here are the steps to follow:

Step 1: Visit the customer portal and enter your registered mobile number or customer ID and OTP to log in.

Step 2: On the dashboard, you will see a list of all your active and closed loans with Bajaj Finserv.

Step 3: Select the business loan account for which you want to check the status.

Step 4: You will see various details related to your loan, such as the loan amount, tenure, interest rate, EMI amount, due date, outstanding balance, etc.

Step 5: You can also view your repayment schedule, download your Statement of Account, make payments, request for part-prepayment or foreclosure, and access other features and benefits.

Through the Bajaj Finserv app

Alternatively, you can also track the progress of your business loan application through the Bajaj Finserv app. Here are the steps to follow:

Step 1: Log in to the Bajaj Finserv app with your registered mobile number and OTP to log in.

Step 2: On the home screen, you will see a list of all your active and closed loans with Bajaj Finserv.

Step 3: Tap on the business loan account for which you want to check the status.

Step 4: You will see various details related to your loan, such as the loan amount, tenure, interest rate, EMI amount, due date, outstanding balance, etc.

Step 5: You can also view your repayment schedule, download your Statement of Account, make payments, request for part-prepayment or foreclosure, and access other features and benefits.

By tracking the progress of your business loan application online through My Account or the Bajaj Finserv app, you can enjoy a hassle-free and convenient borrowing experience. You can also contact the customer care team at 8698010101 or email them at wecare@bajajfinserv.in for any queries or assistance.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

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