“How long will this actually take?” is the most-asked question on Securis WhatsApp. The marketing answer — and the honest one for the median application — is 1-2 working days from form-submit to money-in-account. But when you’re the one waiting, and the laptop is sitting in your cart on a Friday, that number means very little without knowing what fills those 24-48 hours.
This post is the timeline you don’t see on the application form. Each stage, what we’re actually doing on our side, how long it normally takes, and the two or three places where files genuinely get stuck. If you’re considering applying, this is what to expect.
Stage 1 — Application form (you: 5-10 minutes)
You fill in name, PAN, mobile, monthly income, loan amount, tenure preference, and the purpose of the loan (laptop, course fee, exam prep, etc.). For college-student applications, you also enter the parent’s details — they’ll come in as primary applicant. The form is short on purpose; we don’t ask for anything we can’t validate downstream.
This is the only stage that’s entirely on you. Everything after this is on us until the e-sign moment.
Stage 2 — KYC + document verification (15 minutes to 2 hours, mostly automated)
The instant you submit, three things happen in parallel: Aadhaar OTP-based KYC, PAN verification with the Income Tax Department’s NSDL feed, and a bureau soft-pull to check your credit history (or your parent’s, if they’re primary).
Aadhaar OTP-KYC usually completes in under a minute — you’ll get an OTP on the registered mobile, type it in, and the file moves forward. PAN verification is silent and takes seconds. The bureau pull is a soft inquiry that doesn’t impact the credit score, and the response comes back within a few minutes.
Then we ask for documents. For a salaried-parent file, that’s typically 3 months of bank statements and 1 salary slip. For a self-employed parent, it’s 6 months of bank statements and either ITR or business proof. For a working professional borrowing on their own, the same 3-month bank statement and salary slip applies.
This is where the timeline lives or dies. If you upload everything cleanly the first time, this stage closes in under 30 minutes. If the bank statement is a screenshot instead of the PDF from netbanking, or the salary slip is from 4 months ago instead of last month’s, we’ll come back asking — and the file waits while you find the right document. Most “why is my loan taking so long” calls trace back to this stage, not to any subsequent one.
Stage 3 — Credit pull and underwriting (2-6 hours, business hours)
Once documents are in, the file moves to underwriting. Two checks happen here, and they’re independent.
The credit check is the hard bureau pull. We look at the bureau score, repayment history across all existing loans, current EMI obligations, and any recent delinquencies. For a parent with a 750+ score and clean history, this passes in minutes and adds no friction. For a file with mixed history, this is where the underwriter spends real time — looking at the reason behind a missed payment from 2 years ago, or whether a recent inquiry was just a credit card rejection or something more material.
The income check is the bank-statement read. We verify the salary credit pattern (or business inflow pattern, for self-employed), confirm the income matches what was declared on the form, and check the existing-EMI to net-income ratio. If you’re already running EMIs that take you close to the 50% FOIR ceiling, the underwriter slows down and looks at whether this new loan can be priced lower, structured longer, or — sometimes — needs a co-applicant.
Underwriting only runs during business hours. A file submitted at 8pm on a Tuesday gets picked up Wednesday morning; a file submitted Saturday afternoon waits till Monday. That’s the single biggest reason “1-2 working days” can stretch — applications submitted late evening or over a weekend lose those hours.
Sitting on an application or thinking about starting one? Apply for a Securis loan — once we have your documents, you’ll typically see a decision within the same business day.
Stage 4 — Sanction letter and e-sign (10-30 minutes, on you)
Once underwriting approves, you get a sanction letter via email and WhatsApp. The letter lists everything that actually matters: the approved amount, the interest rate (APR), the EMI, the tenure, the processing fee, the total payback, and the schedule of repayments.
Read it. Then e-sign it.
The e-sign uses Aadhaar OTP again — you confirm, type the OTP, and the loan agreement is digitally executed. There’s no physical paperwork, no notary visit, no in-person signing. Both applicants on a parent-student file need to e-sign independently from their own registered mobile numbers; that’s the one place a college-student file can hit a delay (parent travelling, parent’s phone misplaced, parent wants to read the letter at the weekend).
A typical worked example for context: ₹85,000 laptop loan, 18 months, 16% APR comes out to an EMI of about ₹5,322/month, total payback around ₹95,800, with processing fee separately disclosed in the sanction letter. The fee, the EMI, and the total payback are all on the letter before you sign — no surprises post-disbursement.
Stage 5 — Disbursement (30 minutes to 4 hours, banking hours)
E-sign done, the file goes to disbursement. Funds move via NEFT or IMPS to the bank account on file. IMPS is instant (1-2 minutes) but capped at ₹5L per transaction; NEFT runs in half-hour batches during banking hours and clears in 30 minutes to a few hours.
For most laptop and course-fee loans, IMPS is what we use, and the money hits the account within minutes of disbursement. For higher-ticket loans, NEFT takes a beat longer. Either way, if e-sign completes by mid-afternoon on a business day, the money lands the same day. If it completes at 11pm, the disbursement runs the next morning when banking channels reopen.
So when does “1-2 working days” actually hold?
The median Securis disbursement runs in 6 to 18 hours of total business time, spread across one or two calendar days. The 1-2 working days bracket is real for clean files submitted in business hours with documents ready.
It stretches longer in three honest cases. First, documents missing or wrong the first time — every back-and-forth costs hours. Second, submissions in the late evening or weekend — underwriting and bank disbursement don’t run 24/7. Third, files that hit a real underwriting question — high existing EMIs, a recent delinquency, a self-employed income pattern that needs a longer bank-statement window. None of these mean rejection; they mean the underwriter takes a second look, often with a 10-minute call back to you to clarify something.
When the timeline doesn’t actually matter
If you’re funding something with a flexible buy date — a CFA exam fee three weeks out, a course you can start next month — there’s no real urgency. Apply on a weekday morning, upload documents cleanly, and the 1-2 working days is roughly invisible.
If you’re trying to use the loan for something time-bound — a flash sale ending Sunday night, an exam registration window closing in 36 hours — the same timeline can feel tight. In those cases, the right move is to apply before the deadline pressure starts, not on the last evening. The fastest disbursements we see are the ones where the application landed two or three days before the money was actually needed.
If you want a second opinion on your specific situation, WhatsApp us — we’ll be honest about whether Securis fits.