How long does the approval process take for a Repair/Top-Up Loan?

The approval process for a Repair/Top-Up Loan typically takes between 3 to 7 working days, depending on:

• Document Submission: If all required documents are submitted accurately, the process moves faster.
• Credit Check: Financial institutions will conduct a credit score check, which can take a few hours to a couple of days.
• Loan Processing Time: After verification, financial institutions approve and disburse the loan within 3 to 5 working days.

Some financial institutions offer faster approval for existing customers or those with strong credit histories.