Can Personal Loan be approved before document check?

Accepted Answer ✓ Accepted

Some lenders may give in-principle approval before full document checks. However, final approval and disbursal occur only after all documents are verified. Initial approval should not be treated as guaranteed.
1 upvotes

Suggested Answers

You might get a yes first, but money comes only after checks.
0 upvotes by Pooja Krishnan

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