Are personal loans deposited the same day?

Sometimes, it depends on the lender and the receiving bank. Many lenders initiate funding within 1–2 business days after final approval, and it can take additional time for your bank to post the money to your account.

What determines whether a personal loan can be deposited the same day?

Same-day deposits usually come down to timing and processing—especially when the lender uses an ACH bank transfer.

Common factors include:

When you complete final steps (like accepting the offer and signing the promissory note).
Cutoff times set by the lender, payment network, and your bank.
Whether it’s a business day (weekends and federal holidays can push processing to the next business day).
How your bank posts ACH credits (some banks post quickly; others batch-post later)

How long do ACH deposits usually take to show up?

For many consumer transactions, ACH transfers often take about 1–3 business days, though timing can vary by bank and by whether the transfer is processed as same-day ACH or standard ACH.

One important detail: a lender can initiate (send) the transfer, but your bank controls when it becomes available in your account. That’s why two people can have the same lender timeline but see different deposit times.

Do weekends and holidays delay a personal loan deposit?

They can. Most loan funding and ACH processing is organized around business days, so completing final steps late in the week—or on a weekend/holiday—may shift initiation or posting to the next business day.

What can slow down funding even after you’re approved?

Even after an approval decision, a deposit can take longer if:

Additional verification is needed before funds are released (for example, confirming identity, income, or bank details).
Your bank posts incoming transfers on its own schedule (including possible holds or end-of-day posting).
A legally required waiting period applies to certain loan types or uses of funds.

Are personal loans deposited the same day through Upstart?

If you’re using the Upstart marketplace, funding is often initiated the same¹ or next business day² after you sign your loan agreement. Most banks deposit ACH funds within 1-3 business days after initiation, though the exact timing can vary depending on how quickly your bank processes incoming transfers.

Key takeaways

Same-day deposits can happen, but they depend on lender timing, cutoff times, and your bank’s posting schedule.
Many lenders initiate funding within 1–2 business days after final approval, and ACH posting can take additional time.
Weekends and federal holidays often delay processing because funding typically follows business-day schedules.
“Funds sent” and “funds available” aren’t always the same—banks control posting and availability.
Some loans (like certain education-purpose loans) may have legally required waiting periods before disbursement.

Frequently asked questions

Is “funded” the same as “in my bank account”?

Not always. “Funded” often means the lender initiated the transfer, while your bank determines when the deposit is posted and available.

What time should I finish signing to improve the chances of faster funding?

In general, finishing earlier in the day can help because many systems use cutoff times.

Can my bank make it take longer even if the lender sends funds quickly?

Yes. Banks may post ACH deposits on different schedules, and availability can vary based on bank policies.

Updated: January 2026

Sources

Disclosure:

¹In September 2025, 66% of funded borrowers that signed their promissory note before 11AM PST/2PM EST (not including weekends or holidays) had the funds transfer initiated on the same day. When the funds will be available to you will depend on your bank’s transaction processing time and policies.

²If you accept your loan by 5pm EST (not including weekends or holidays), your funds will be sent on the next business day. When the funds will be available to you will depend on your bank’s transaction processing time and policies.

This content is general in nature and provided for informational purposes only. This content is not specific to Upstart, except where explicitly stated. This content may contain references to products and services offered through Upstart’s credit marketplace. Upstart is not a financial advisor and does not offer financial planning services.