How to Get a Loan Online with Aadhar and PAN Card?
In India, more than half the population didn't have an official ID. This meant that they were unable to receive government subsidies or other benefits. Personal loans are a quick financial solution in times of cash crisis. They can help you meet all your needs and keep things in order. To get that loan, you had to submit many documents including proof of address, birth certificate, and proof of identity. However, approvals were slow. This is no longer the case. There are many people who have to access urgent funds. This could be for medical emergencies, the cost of a wedding, or other miscellaneous expenses. Today, almost everyone has an Aadhaar/PAN Card, which can be used to quickly find a financial solution.
Personal loans are unsecured loans that can be accessed at a lower rate and with a flexible term for young borrowers. They only need to have a steady income source and meet basic eligibility requirements. Personal loans are easy to obtain. The Aadhar card and PAN card speed up the execution. Buddy Loan allows Indian citizens with a monthly income over Rs 18,000 to apply online for a personal loan quickly.
What documents are required?
After you have completed the application, you might need to upload the following documents:
PAN Card/Voter ID for identity verification
Aadhaar card/ Driving licence/ Passport to prove address proof
Salary slips in the last three months
Bank Statement for the Last Six Months
Aadhar & PAN card are essential for obtaining a loan online
Your personal loan application will be approved if both your PAN card and Aadhar Card are valid. PAN cards are required for financial transactions tracking. Aadhar cards can be used to prove identity or address. Although there are no other options than a driving license or passport, not everyone will have these documents. However, having an Aadhar and PAN Card is mandatory. These documents will make it much easier and faster to apply online for a loan. These documents are essential in today's financial world. Without them, you will not be eligible for any financial assistance.
Wrapping up! Wrapping Up!
Buddy Loan allows you to apply for a personal loan of up to Rs 15 Lakh with a competitive interest rate that starts at 11.99% per annum. You can get the loan for six months to five year. The loan can be used for any purpose, and you can repay it according to your convenience and flexibility. Unexpected consequences can happen in life. A personal loan is the solution. The entire process is made easy by having an Aadhar and PAN Card. Get loan online today and get financial freedom!