I work the credit side of Securis, which means I spend my day watching loan files either move or sit. And after enough of them, you stop seeing random delays and start seeing the same handful of causes on repeat. The reassuring part: almost none of them are about whether you “qualify.” For our typical applicant — a college student’s parent or an early-career professional borrowing ₹25,000 to ₹2,00,000 — the loan decision itself is usually fast. What stretches “1-2 working days” into a week is nearly always one of five avoidable things.
Here are the five I see most, in roughly the order they cost people time, and exactly how to clear each one before you hit submit.
1. The bank statement isn’t the real PDF
This is the single biggest cause, and it’s not close. We ask for your bank statement — usually three months for a salaried file, six for self-employed — to read the income pattern and check how much of it is already going to existing EMIs. The files that finish same-day upload the official PDF straight from netbanking or the bank’s app. The files that drift into next week upload a screenshot of a banking screen, a statement missing the last two weeks, or a photo of a printout with two pages cut off.
Every time the statement is incomplete or unreadable, an underwriter has to stop and ask for it again — and the clock pauses until you re-upload, which realistically might be tomorrow evening when you’re back at your laptop. One bad upload routinely costs a full calendar day for what is two minutes of actual work. Pull the genuine PDF, all pages, right up to today’s date, before you start.
2. KYC details that don’t match across documents
The instant you submit, an Aadhaar OTP-based check and a PAN verification against the Income Tax Department’s NSDL feed both fire automatically. These clear in seconds — when the details line up. They stall when the name on your PAN reads “Rajesh Kumar” and the name on your bank account reads “Rajesh Kumar Sharma,” or when your mobile number isn’t the one linked to your Aadhaar so the OTP never arrives.
None of these are disqualifying. But each one turns an instant automated check into a manual one, and manual means a human, and a human means business hours. Before applying, confirm the mobile number on the form is your Aadhaar-linked number, and that your name is spelled the same way across PAN, Aadhaar, and your bank account. Small mismatches, big pauses.
3. The income figure you typed doesn’t match the statement
On the form you enter a monthly income. Then your bank statement has to support it. If you write ₹55,000 and your salary credits show ₹48,000, that gap doesn’t fail you — but it makes an underwriter slow down and reconcile it, sometimes with a call back to you. People round up out of optimism, or include variable income that doesn’t show up as a clean monthly credit. Either way, the file sits while we square the two numbers.
Type the figure your statement will actually show. If your income genuinely varies — freelance, commissions, partly UPI or cash — say so on the form rather than averaging it into a tidy round number. Honest and precise always clears faster than tidy and optimistic.
Getting ready to apply? Apply for a Securis loan — have your netbanking PDF statement and last month’s salary slip ready before you start, and you’ll usually see a decision the same business day.
4. The co-applicant goes quiet at e-sign
For a college-student loan, the parent comes in as primary applicant, and both people e-sign the sanction letter independently from their own phones with an Aadhaar OTP. This is where student files most often stall — not at underwriting, but right at the finish line. The student signs in two minutes; the parent is travelling, has a different Aadhaar-linked number, or simply wants to read the letter over the weekend before signing.
Underwriting can approve your file by lunch and the money still won’t move until the second signature lands. If you’re applying on a parent-student file, the fix is simple: tell whoever the co-applicant is before you apply, make sure their phone has their Aadhaar-linked SIM in it, and agree they’ll sign the same day. A loan can sit fully approved for three days purely waiting on one OTP.
5. You applied on a Friday night
Underwriting and disbursement both run in banking hours, not around the clock. A file submitted at 9pm Tuesday gets picked up Wednesday morning. A Saturday-afternoon application waits for Monday. This isn’t anything wrong with your file — it’s just the calendar, and it’s the most common reason the quoted “1-2 working days” feels slow.
The math is worth seeing. Say you’re borrowing ₹90,000 over 18 months at 16% APR — roughly a laptop plus a certification fee. That’s an EMI of about ₹5,650/month and a total payback near ₹1,01,700, on standard reducing-balance terms. The cost of that loan is identical whether you apply Monday morning or Friday night. The only thing that changes is when the money lands. So if your purchase date is flexible at all, apply on a weekday morning with clean documents and you skip the weekend pause entirely.
The pattern underneath all five
Look at the list and the common thread is obvious: four of the five delays happen on your side of the file, before underwriting ever weighs in, and all of them are fixable in advance. The actual credit decision — the part people worry about — is rarely the bottleneck.
Two honest disclaimers. First, some delays are the system protecting you, not failing you: if your existing EMIs already push close to the regulatory ceiling on how much of your income can go to repayments, an underwriter slowing down to suggest a smaller amount or a longer tenure is doing exactly what that affordability check is designed to do. Don’t read that pause as a problem — it’s there so you don’t over-commit. Second, if you’re funding ₹5,00,000-plus of tuition paid directly to a college, a small personal loan is the wrong product no matter how clean your documents are — that’s what your bank’s education loan desk is built for, with longer tenures and a moratorium. Securis is built for the ₹10K-₹2L gap, and within that range, clearing these five things up front is the difference between money by dinner and money next week.
If you want a second opinion on your specific situation, WhatsApp us — we’ll be honest about whether Securis fits.