When do loan monies come through?

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  • Ashleybrown's Avatar
    Fresh Eyes
    Good morning

    I applied for a loan yesterday at 11:33am. I am just wondering when I can expect funds? Loan was approved as I received an email saying ‘Ashley, your new loan is on its way’

    There’s no particular rush for the money, I just worry about a lot of money not being received yet.

    What’s the more common time to receive funds? Thank you
  • 1 Reply

  • Verified Answer

    ChristopherP's Avatar
    Your Community Expert
    Verified Answer
    @Ashleybrown Hey there, thanks for getting in touch!

    If you've digitally signed, this means you'll receive your funds within the next 24-48 business hours if everything is okay with our final checks.

    Once you've received your funds, you'll get a welcome pack 5-7 working days later which will confirm the date of your first payment.

    Your welcome pack will also confirm your loan sort code and account number meaning you will have all the details required to register for online banking.

    I hope this helps! 😊


    If you need to ask a question about a Tesco Bank product, you can make a post in Help & Support here


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