How To Apply Online For a Loan With Aadhar/PAN Card?
India’s population was at one time less than half that of today. Because they didn’t have any official identity proof, they weren’t eligible for any government benefits or subsidies. In times of financial crisis, personal loans can provide an immediate financial solution. You would need many documents to be eligible for this loan. This included proof of address and proof that you are a citizen. There was also a delay in getting approvals. It’s not so anymore. Many people face the urgent need for funds. It could be used to cover expenses such as weddings, education, or other miscellaneous costs. Today, everyone has an Aadhaar/PAN card, so having these identification proofs can allow you to get a quick financial resolution in just a few clicks.
A personal loan is an unsecured loan that offers a low interest rate and flexible repayment terms to young borrowers. All they require is a stable income source, basic eligibility criteria and valid documentation. Personal loans are simple to apply for. PAN card and Aadhar cards speed up execution. Buddy Loan is open to Indian Citizens who have a monthly income above Rs 18,000 and are eligible for an instant personal loan online.
What Documents are Required?
- Once you’re done filling out your application, you may need to upload the documents below.
- PAN Card/Voter Identification for identity verification
- Aadhaar/ Driving Licence/Passport required for proof of address
- Salary slips from the last three month
- Bank Statement for the Six Months
Aadhar & PAN cards are crucial for obtaining a loan on the internet
PAN and Aadhar cards play a crucial role in the approval of personal loan applications. PAN cards are used to track your financial transactions, while Aadhar cards are used as proof of identity or address. You don’t need a passport or driving license, but there are other alternatives. It is mandatory to have an Aadhar card and a PAN Card. This will make it quicker and easier to obtain an online loan. You will need these documents to get financial help in today’s digital world.
Wrapping up! You are done!
Buddy Loan lets you apply for personal loans up to Rs 15. Lakh starting at 11.99% per year. For a term of 6 months to 5 years. You can use the loan for whatever purpose you like and pay it back as flexible and convenient as you wish. Personal loans are a solution to many of your problems. Aadhar/PAN Card make the whole process easy and stress-free. Get loan online by applying for a loan right away!