How to Check Remaining Loan Amount in SBI

If you have an SBI (State Bank of India) loan and need to check the remaining balance, there are several methods you can use. These methods are convenient and can be accessed through various platforms provided by the bank. Here is a detailed guide to help you check your remaining loan amount effectively.

1. Online Banking Portal

Step-by-Step Guide:

1. Log In to SBI Online Portal:

   • Visit the official SBI website.
   • Click on the "Login" button located at the top right corner of the homepage.
   • Enter your Username and Password to access your account.

2. Navigate to the Loan Section:

   • Once logged in, go to the "Accounts" tab.
   • Select "Loan Accounts" from the dropdown menu.
   • Choose the specific loan account for which you want to check the remaining balance.

3. View Loan Details:

   • Click on the "View Details" or "Account Summary" option.
   • Here, you will see the remaining loan balance, along with other details like EMI, tenure, and interest rate.

Advantages:

• Real-time updates.
• Accessible from anywhere with internet connectivity.

2. Mobile Banking App

Step-by-Step Guide:

1. Open the SBI Mobile App:

   • Download the SBI YONO app from your app store if you haven't already.
   • Open the app and log in using your credentials.

2. Access Loan Information:

   • Go to the "Loans" section within the app.
   • Select "Loan Summary" or "Loan Account Details."

3. Check Remaining Balance:

   • You will find the current loan balance displayed along with other relevant information.

Advantages:

• Convenient access via smartphone.
• Push notifications for updates and payments.

3. SBI Customer Care

Step-by-Step Guide:

1. Call SBI Customer Service:

   • Dial the SBI customer care number, which is available on the SBI website or your loan documents.

2. Provide Loan Details:

   • You will need to provide your loan account number and other identification details.

3. Request Balance Information:

   • Ask the representative to provide the remaining balance on your loan.

Advantages:

• Assistance from bank representatives.
• Useful if you have specific queries or need detailed explanations.

4. Visit the Bank Branch

Step-by-Step Guide:

1. Go to the Nearest SBI Branch:

   • Visit the branch where your loan was originally processed or any other SBI branch.

2. Request Loan Balance Information:

   • Provide your loan account number and identification documents to the bank staff.

3. Receive Balance Details:

   • The bank will provide you with a statement showing the remaining loan balance and other details.

Advantages:

• Personal interaction with bank staff.
• Useful for addressing complex issues or obtaining official documentation.

5. ATM Inquiry

Step-by-Step Guide:

1. Visit an SBI ATM:

   • Insert your SBI debit card into the ATM.

2. Select Loan Inquiry:

   • Choose the "Loan Inquiry" option from the ATM menu.

3. Enter Loan Details:

   • Enter your loan account number if prompted.

4. View Remaining Balance:

   • The ATM will display your remaining loan balance.

Advantages:

• Quick and easy access.
• Useful if you need immediate information.

Important Points to Remember

• Ensure Security: Always use secure networks and devices when accessing your loan information online.
• Check Regularly: Regularly monitor your loan balance to stay updated on your repayment progress.
• Contact Bank for Issues: If you face any discrepancies or issues, contact SBI customer service for resolution.

Conclusion

Checking your remaining loan amount with SBI is straightforward and can be done through various methods such as online banking, mobile apps, customer care, bank branches, and ATMs. Each method offers unique advantages, so you can choose the one that best suits your convenience and needs. For real-time and accurate information, ensure that you have access to secure and updated platforms.