If your channel was eligible and applied before June 1st, your application has been reviewed and you'll be receiving a Creator Studio update and email over the next few days. Here's more info: https://goo.gl/2icqfh . Appreciate your patience in the meantime.
@TeamYouTube Already surpassed the Monetization requirements. My channel is having 1,312,309 watch hours and 199,472 subscribers in the previous 12 months. But still my monetization is in review. Please review it soon. Its really frustrating 
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I have appied this month only. When will i get approval.
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