PAN Card Loan- “PAN Card” is an important document through which a person’s financial information can be traced. It can be used for many bank related works. Personal loan can be taken with PAN card which comes with a 10 digit unique alphanumeric identification number.
90 percent of people do not know how a loan of up to Rs 5 lakh can be taken with a PAN card. If you are also thinking of taking an instant personal loan and want to know how you can get lakhs of rupees through PAN card, then let’s know its online process and eligibility.
Which documents are required to take a PAN Card Loan?
Identity proof (Voter ID, Passport, Aadhar Card, DL)
Address proof (any of the identity proof documents)
Bank statement for last three months
Salary slip of last two months
Form 16 and Salary Certificate
This is necessary for PAN card loan
If you want to apply for a PAN card loan, keep in mind that it is necessary to link PAN and Aadhar card before applying. This will speed up the process of getting a personal loan and you can get an instant loan. If PAN-Aadhaar is linked, you can get a loan within 24 hours. It is necessary to have a PAN card for a personal loan. If you have all these things, then you can easily apply for a loan with a PAN card.
Eligibility
- It is necessary to be a citizen of India.
- Credit score should be good.
- Age should be between 21 to 60 years
- Debt-to-income (DTI) ratio must be low.
- It is important to have a permanent and regular income source.
How to get a loan of Rs 5 lakh using PAN card?
PAN card is considered an important document for a loan. Linking PAN card with Aadhaar as well as the bank can help in getting a loan quickly. If you are eligible for a personal loan, then you can apply for an instant loan from the official website of the bank or financial company. You can easily get a loan. If you are eligible, you can get a personal loan of up to Rs 5 lakh. It offers special EMI facility and you can pay the loan EMI with a tenure of 6 months to 96 months with easy installments.