Applying for an education loan with SBI is a great option. You get loans up to INR 1.5 crores to study abroad at competitive SBI education loan interest rates along with other benefits. One such benefit is the convenience of checking your SBI education loan status and tracking the progress of your application at each step. Continue reading to find out how to check your status online.
Table of contents
Check SBI Education Loan Status Online
One can conveniently check the SBI education loan status online by visiting the bank’s official website. SBI has a dedicated online portal specifically designed for education loan applicants that helps them track loan approval/ rejection status. This user-friendly platform allows them to track their loan status online in real time.
To access the portal, you’ll need your application reference number and the registered mobile number associated with your application. Follow the given steps now to check the loan status through their online tracking system based on the SBI education loan schemes chosen-
- Visit the official website of SBI.
- Navigate to the ‘Other Retail Loan’ section.
- Select ‘Scholar Loan’ or ‘SBI Global Ed-vantage’, based on the education loan scheme applied for.
- Navigate to the ‘Application Tracker’ in the top right-hand corner.
- Enter the ‘Reference Number’ and registered mobile number.
- Click on ‘Track’.
- You will be redirected to the dashboard to check and track the progress of your SBI education loan.
Also Read: Know all about SBI takeover of education loan. Check out the features, benefits, interest rates, and other details for a hassle-free loan transfer to SBI.
Other Ways to Check SBI Education Loan Status
Applicants can also check the SBI education loan status by visiting the nearest bank branch, calling/ mailing customer support, or through the Vidya Lakshmi Portal online. This offers you convenience through SBI’s straightforward and easy-to-use process to track education loan status online and offline via their different tracking systems. Let’s check out how else you can check SBI loan status-
Through Vidya Lakshmi Portal
If you have applied through Vidya Lakshmi Portal, you can check your Vidya Lakshmi education loan approval status online for SBI. All you need to do is to log in to the portal and navigate through the ‘Application Status’.
- Login to Vidya Lakshmi Portal.
- Enter your username, password, and captcha code.
- Click on ‘Application Status’.
- You’ll see the bank name SBI and the education loan scheme applied for, click on it.
- The dashboard will display the status as ‘Under Review’, ‘Approved’, ‘Rejected’ or others based on the application progress.
Through Customer Support
You can speak with a customer service representative to inquire about your application status and get an estimated timeframe for receiving updates.
- Call SBI toll-free number- 1800 1234.
- Provide your loan account number and registered mobile number.
- Once done, you’ll know the education loan status within minutes.
Also Read: Check out the details about SBI RinN Raksha for an education loan to keep you away from financial stress in case of any unfortunate events.
Contacting SBI Branch
You can visit the nearest bank branch in person for a more detailed update. You may clarify any questions related to the application form or submitting additional documents. Here’s what you can do to seek information and check your loan status-
- Visit the nearest bank branch.
- Talk to a loan representative who can access your application details and provide a status update.
- Make sure to carry a copy of the loan application form and other relevant documents for SBI education loan that can assist you with the ‘Reference Number’ or Loan Application Number.
Common Issues When Checking SBI Education Loan Status Online
While checking the status of your SBI education loan online, you may encounter a few common errors. Here are some of the most frequent issues and their solutions:
- Incorrect Login Credentials:
- Problem: You might enter the wrong username, password, or CAPTCHA code.
- Solution: Carefully recheck your login details and ensure they’re correct. If needed, use the “Forgot Password” option to reset your credentials.
- Server Downtime or Maintenance:
- Problem: The portal may be temporarily unavailable due to maintenance or technical issues.
- Solution: Wait for some time and try accessing the website again later.
- Invalid Loan Reference/Application Number:
- Problem: Entering an incorrect or incomplete loan reference or application number can prevent you from checking your loan status.
- Solution: Verify the loan reference/application number from your loan documents and enter it accurately.
- Unlinked Contact Information:
- Problem: If your registered mobile number or email is outdated, you may face issues with OTPs or notifications.
- Solution: Contact your branch to update your contact details in the system to avoid such issues.
This was all about checking and tracking your SBI education loan status via online and offline tracking systems. The bank’s user-friendly platform allows you to track your loan status online in real time.
To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.
FAQs
One can conveniently check the SBI education loan status online by visiting the bank’s official website on their online portal. If you have applied through Vidya Lakshmi Portal, you can check your SBI loan approval status online by logging in to the Vidya Lakshmi Portal.
Visit the SBI website and navigate to the “Other Retail Loan” section. Choose “Scholar Loan” or “Global Ed-vantage” based on your loan scheme. Then, use the “Application Tracker” in the top right corner, entering your reference number and registered mobile number.
Applicants can also check the SBI education loan status by visiting the nearest bank branch, calling/ mailing customer support, or through the Vidya Lakshmi Portal online. This offers you convenience through SBI’s straightforward tracking systems.
The SBI education loan status update timeframe can vary. However, the SBI’s online portal and Vidya Lakshmi Portal reflect the most recent status to help applicants track loan approval/ rejection status.
Yes, you can speak with a customer service representative to inquire about your application status and get an estimated timeframe for receiving updates. Call on SBI toll-free number- 1800 1234 and provide your loan account number and registered mobile number.
Yes, you can track your loan status by using the “Application Tracker” on the SBI website without needing to log in, by entering your reference number and registered mobile number.
To check your loan status, you will need your loan reference number and the registered mobile number to access the application tracker on the SBI website.
While the loan status is updated regularly, there might be a slight delay in reflecting real-time changes. The status should be updated within a few hours to a day.
Yes, you can track your SBI education loan status on mobile devices by visiting the official SBI website or using the Vidya Lakshmi Portal, which is mobile-friendly
If the tracker shows an error, double-check the details you’ve entered, such as the reference number or mobile number. If the problem persists, contact SBI customer support for assistance.
Follow Us on Social Media
