Customers can receive their same-day deposit payday loan on the same day they have applied for it. However, when you submit your application earlier in the morning, it gets approved fast by the lender. In such a case, they can transfer your money on the same day. f you apply and get approval for a $300 same-day loan on Friday afternoon, for instance, you will be able to access the funds on the next business day. Most businesses are off on the weekend. For that reason, applying on a Saturday, Sunday, or an official holiday means that your application will be processed the next working day.