If you are in need of some extra cash, withdrawing funds from your loan account can be a quick and easy solution. With just a few simple steps, you can access the funds you need in no time.
Step 1: Sign into My Account
The first step to withdrawing funds from your loan account is to log in to your account on our app/website. Click on the ‘Sign-in’ button on this page and enter your registered mobile number, OTP, and birth date, if you are on our website. If you are visiting via our app, navigate to the account section after logging in.
Step 2: Verify your details
After signing in, you will need to verify your details by providing your date of birth. Once you have entered this information, click on ‘Proceed’.
Step 3: Select your loan account
Navigate to the ‘My Relations’ section and choose your loan account from the options available. This will bring up all the information related to your current loan.
Step 4: Withdraw funds
Once you have selected your loan account, click on the ‘Withdraw Funds’ option in the ‘Quick Actions’ section. You can then enter the amount you would like to withdraw from your available drawing power. Review your bank account information before proceeding to the next step.
Step 5: Enter OTP
You will be asked to enter a one-time password (OTP) which will be sent to your registered mobile number. Enter the OTP and click ‘Proceed’ to continue with the withdrawal process.
Step 6: Raise a withdrawal request
After verifying your details, you can raise a withdrawal request. Follow the on-screen instructions to complete the withdrawal process and receive your funds.
Step 7: Download your loan account statement
If you would like to review your loan account statement, you can download it from your account dashboard. This will give you a detailed breakdown of all transactions related to your loan account.
In conclusion, withdrawing funds from your loan account is a simple process that can be done quickly and efficiently. Just follow these steps to access the funds you need, right when you need them.
