When you apply for a loan, two critical milestones decide how soon the money lands in your hands: loan sanction and loan disbursal. Though they sound similar, they are very different steps in your loan journey. At Vizzve Finance, we make sure you understand both so there are no surprises.
What Is Loan Sanction?
Loan sanction means your loan application has been approved by the lender based on your credit profile, income, documentation, and eligibility.
🔍 Key Features of Loan Sanction:
It’s a confirmation that you’re eligible to get the loan.
You receive a sanction letter outlining:
Approved loan amount
Tenure
Interest rate
Terms & conditions
No funds are transferred at this stage.
🟢 Vizzve Tip: At Vizzve Finance, we offer instant sanction letters for eligible applicants within 24 hours!
What Is Loan Disbursal?
Loan disbursal is when the loan amount is actually credited to your bank account.
🏦 Key Features of Loan Disbursal:
Happens after you accept the sanction letter.
Requires signing the loan agreement and final verification (like ECS/NACH mandate).
Funds are transferred directly to:
Your account (in case of personal loan)
Seller’s account (in case of home/auto loans)
💸 Vizzve Advantage: We disburse approved loans in as fast as 2–3 hours after verification!
Sanction vs. Disbursal – Key Differences
| Criteria | Loan Sanction | Loan Disbursal |
|---|---|---|
| What it means | Loan is approved | Funds are credited |
| When it happens | After application & credit check | After acceptance of terms |
| Documents required | Income proof, ID, application | Signed agreement, mandate forms |
| Timeline | Within 24–48 hours (typically) | Few hours to 2 days |
| Funds transferred? | ❌ No | ✅ Yes |
Why Knowing the Difference Matters
Many borrowers confuse a loan sanction with disbursal and expect instant money after approval. Understanding both stages helps you:
Plan your expenses better
Avoid panic over delays
Make informed follow-ups
How Vizzve Finance Simplifies Your Loan Journey
At Vizzve Finance, we offer:
🚀 Fast sanctions & disbursals
📱 100% digital process
🔒 Transparent documentation
📞 Expert support team
Whether you're a salaried employee, self-employed, or a gig worker — we ensure smooth approval to disbursal.
Final Thoughts
Loan sanction is just the green signal, while disbursal is the moment the funds reach you. With Vizzve Finance, you never have to worry about unnecessary delays or confusion. We keep the process transparent, fast, and customer-first.
Frequently Asked Questions (FAQs)
Q1. Can a sanctioned loan be rejected later?
Yes, if final verifications fail or if documents are incomplete, the lender can decline disbursal even after sanction.
Q2. How long does it take between sanction and disbursal at Vizzve Finance?
Typically within 2 to 24 hours, provided all documents are verified and accepted.
Q3. Will I receive the money immediately after sanction?
Not immediately. Disbursal happens only after signing the loan agreement and completing final checks.
Q4. Does Vizzve provide pre-approved loan sanctions?
Yes! We offer pre-approved loan offers for eligible users based on their credit and financial history.
Q5. Can I cancel my loan after sanction?
Yes, if you haven’t signed the loan agreement, you can opt-out without any penalties.
Published on : 22nd July
Published by : SMITA
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