Pan Card Loan: A loan of up to Rs 5,000 can be easily obtained through PAN card.
Pan Card Loan: If you need money immediately in an emergency, then personal loan is a better option. With this you not only get money immediately, but there are also many options to repay it. Now you can get a loan of up to Rs 5,000 with the help of just PAN card. The process of applying for this is also very easy. Today through this news we are going to give you detailed information about this.
PAN Card Loan
Just like Aadhaar and Voter ID, PAN card is also a very important document. Whenever you apply for a loan, mostly PAN card is required, but now you can get a loan of up to Rs 5,000 on PAN card based on your credit score and identity. Along with digital lending apps and NBFCs, there are many banks that give this type of loan.
This is how to apply for a loan with a PAN card
- First of all, find out which bank or NBFC gives loans in minimum amount with limited formalities.
- Now it is important to understand how much interest is charged on it, what is the processing fee, in how much time the loan has to be repaid. In this way you can find a better option for yourself.
- Now go to the lender’s website or apply by visiting the branch.
- During this, you will have to give many important information like how much loan you want, what is your credit score, etc.
- Now upload your PAN card as your identity proof.
- At some places, you may also need to provide Aadhaar card or income proof.
- If the information given is correct, then the loan gets approved instantly.
- However, it is important to keep in mind that the interest on such loans is higher because they are unsecured and there is no need to keep anything as a guarantee for them.
