Borrowing a loan in a financial emergency seems like a troublesome task to many people. While there could be many reasons for the same, the list of documents that most loan providers ask for is one of the biggest reasons. This problem has been solved by the online personal loan providers that offer loans on easily available documents. You can also get a PAN Card loan 20,000 Rupees limit by applying on platforms for instant loan applications. In this article, we will be sharing the details related to a PAN Card loan and how it can be applied online. We will also be sharing the PAN Card loan app and websites for your convenience.
A PAN Card is an important document for any Indian citizen. This document is used for various purposes and can get you a few added benefits while availing of different services. You can also get a loan if you are a PAN card holder without presenting other documents and paperwork. Want to know how? You must read ahead. In this article, you will understand how you can get a loan on PAN Card without salary slip. We will also help you choose the best online platform for the same and share with you the steps for applying for a PAN Card loan.
Table Of Contents
In this article, we will be answering questions like what a PAN Card loan is, how the loan is applied for and where this loan can be applied for. You can read about the following topics in this article:
- What is Loaney?
- Importance of PAN Card
- Personal Loan on PAN Card
- Documents required for PAN Card loan
- Interest rates of PAN Card loan at Loaney
- How to apply for a PAN Card loan at Loaney?
- Apply now at Loaney
- Frequently Asked Questions
By the end of this article, you will be clear about the concept of PAN Card loans and how you can apply for this loan. It might not be possible to avail without PAN Card loan from online applications.
What Is Loaney?
Personal loans have become a common option for people facing a financial emergency. These loans are the most straightforward option you can opt for to get the required amount. The various benefits of a personal loan include low-interest rates, shorter repayment tenure and low paperwork requirements. These loans are offered online on loan providing platforms and can be availed instantly. While choosing the best platform for applying for a personal loan online, you must make sure the platform is reliable and trustworthy. Loaney is one such platform where the users can avail of a personal loan. The platform offers small cash loans instantly. The paperwork required is minimal, and there is no need for pledging collateral or presenting a guarantor. Loaney is a suitable platform if you are looking for a Rs.10,000 loan on PAN Card.
The Importance Of PAN Card
Before we understand what a PAN Card loan is or how to apply for a PAN Card loan, let us look at what a PAN Card is and its importance. PAN stands for Permanent Account Number. This number is assigned to every Indian and is used to identify and essential for banking, transaction, and income tax processes. The PAN is a unique 10-digit alphanumeric number. The PAN Card is an important document for availing of any kind of loan from a financial institution, bank or loan provider.
We are not claiming that without PAN Card loan approval is not possible. Having a PAN Card makes it easier for you to apply for any type of loan and get it approved without any problems.
In the following sections of this article, we will be sharing with you more information on PAN Card loans and how you can get a PAN Card loan 10,000 Rupees or more by applying online with just a few documents.
Personal Loan On PAN Card
If you wonder what a PAN Card loan is, the answer is simple. A PAN Card Loan is simply a personal loan offered to the client on their PAN Card, and the PAN Card is a significant document required for availing of that loan. A personal loan is a type of loan that has various benefits. The major benefit of a personal loan is that it can be availed of easily using a set of easily available documents like your PAN Card. Loaney offers a personal loan on PAN Card without salary slip for self-employed people or students who might need extra cash urgently.
In the upcoming sections, we will look at the other details related to a PAN Card loan on Loaney and the steps to apply for a PAN Card loan.
Documents Required For A PAN Card Loan
If you wish to apply for a PAN Card loan 20,000 Rupees limit on Loaney, then you will have to keep the following documents handy:
- PAN Card
- Aadhar Card that is linked with your mobile number
- Bank account with net banking services
- Picture of yourself
Interest Rates Of PAN Card Loan At Loaney
Every loan that you borrow has to be repaid with an interest rate. The interest rate is the loan provider’s or bank’s way of earning, but as a borrower, you must always look for an interest rate that you will be able to repay easily. If you are looking for a Rs. 10,000 loan on PAN Card, you must also be looking for a low-interest rate on the same. If you apply for this loan on Loaney, you will be charged an interest rate of 36% per annum, and the repayment tenure is of up to 2 months.
How To Apply For PAN Card Loan At Loaney?
Applying for a PAN Card loan is very easy using a PAN Card loan app or website. Loaney is one of the best options for the same. To apply for a PAN Card loan on Loaney, you must follow these steps:
- Visit the official website of Loaney and register yourself using your mobile number.
- Fill in the form for a personal loan with your personal details and upload your PAN Card and other required documents before submitting.
- The platform will review your application and then approve your PAN Card loan 10,000 Rupees to 15,000 Rupees as a small cash loan.
- The amount will then be transferred to your account, and you can use it as per your requirement.
You can access Loaney’s official website from your phone or laptop or any other device and apply for a loan as and when you need it, and avail of the cash that you need from the comfort of your home.
Frequently Asked Questions
We have answered a few common questions related to a PAN Card Loan for your convenience.
1. How to check active loans on PAN Card?
You can check active loans on PAN Card by visiting the CIBIL website.
2. Is a PAN card mandatory for a personal loan?
Having a PAN Card makes it easier for you to avail of a personal loan without much hassle.
3. Can I get a loan on PAN Card only?
Yes. You can get a loan on PAN Card and Aadhar Card using Loaney App.
4. How to check loan details through PAN Card?
By entering your PAN number, you can check your loan details on the website of the bank or loan provider.