How To Get Loan Online With Aadhar & PAN Card?



There was a time when more than half of the population in India had no official identity proof and because of that, they couldn’t receive any government subsidies or any kind of benefits. For example, in times of cash crunch, a personal loan is an instant financial solution that can solve all your requirements while making things in order. But to avail that, there was a need to gather many documents, including address proof, birth certificate, proof of identity, and yet there were delays in approvals. But not anymore. Many face the problem of urgent funds, and it could for any reason such as medical emergencies, cover the wedding, education, and other miscellaneous expenses. Nowadays, everyone has an Aadhaar/PAN card, and having these identity proofs can let you get a quick financial solution in just a few clicks.

 

A personal loan is an unsecured loan that is available at a lower interest rate and flexible tenure to young borrowers. All they need is a stable income source, basic eligibility criteria, and valid documentation. The main reason for getting a personal loan is the ease of the process and the Aadhar and PAN card increase the speed of execution. At Buddy Loan, any Indian Citizen, earning a monthly income of over Rs 18,000 is eligible to apply for a quick personal loan online.

 

What Are The Documents Required?

 Once you are done with the application filling, you may have to upload the following documents -

●     PAN Card/Voter Id for identity verification

●     Aadhaar Card/ Driving Licence/Passport for address proof

●     Salary slips for the last three months

●     Bank Statement for the last six months


Importance of Aadhar & PAN Card in Getting Loan Online

Both PAN and Aadhar card plays a vital role in approving your personal loan application. The PAN card is required to track all your financial transactions while the Aadhaar card is used as an identity or address proof. There are few alternatives like a Driving license and passport but everyone may not have these documents. But having an Aadhar & PAN Card is mandatory. And these two documents will make it easier and quicker to get loan online. In today’s world, it is extremely important to have these two documents and without them, you can not avail of any financial assistance.

Wrapping Up!!

At Buddy Loan, you can apply for a personal loan up to Rs 15 Lakh at a competitive interest rate starting at 11.99% p.a. for a tenure period of six months to five years. You can use the loan for any purpose and repay it as per your flexibility and convenience. Life comes with unwanted consequences, and a personal loan is an answer for all your problems. Having an Aadhar & PAN Card makes the entire process super easy and hassle-free. Apply for a loan now and enjoy financial freedom! 


Also read How to get easy personal loan online

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