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How can I check my personal loan balance?

Keeping track of your personal loan balance is crucial for effective loan management and timely repayment. Financial institutions offer multiple ways to check your personal loan balance. To check your personal loan balance, consider the following methods:

  • Online portal: Log in to the bank or NBFC's website and view your loan account details. This method is convenient as you can access your account anytime, anywhere.
  • Mobile application: In today's digital age, many financial institutions have developed mobile applications for seamless account management. Download the financial institution’s app for on-the-go account management. These apps are user-friendly, offering a range of features that enable you to monitor your balance, make repayments, and access other loan-related information.
  • Customer service: If you prefer a more personal approach, you can contact your financial institution’s customer service department to inquire about your loan balance. You may call their helpline or visit a branch in person.
  • Monthly statements: Financial institutions typically send out monthly account statements to keep borrowers informed about their loan status, including the balance. These statements may be delivered via email or mail, based on your preference.

Select a method that suits you and stay informed about your balance for effective loan management. Contact your financial institution if you experience access issues or need help.