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You may need a loan at any time. In such a situation, you do not need to run around banks for a loan. You can easily get a loan of up to Rs 5 lakh online and your PAN card can help you in this work. PAN card is issued by the Indian Income Tax Department and this 10-digit alphanumeric number card is an important document for personal loans. But you probably do not know that if you link your PAN card to your Aadhaar, then your way to get an instant personal loan of up to Rs 5 lakh online can be clear.

What things have to be kept in mind while taking a PAN card loan online

- To apply for a PAN card loan, you must have a PAN and Aadhaar card.

- Also ensure that PAN and Aadhaar card are linked.

– PAN is considered the most important document and if it is not linked to Aadhaar, you may face delays in getting an online loan.

– If Aadhaar card and PAN card are linked, then the loan is disbursed within 24 hours of loan approval.

– Without a PAN card, the chances of getting a personal loan from any lending institution in India are very low.

Documents required to get an instant personal loan of ₹5 lakh online

1. ID for identification – Copy of Aadhaar card, passport, driving license, or voter ID card.

2. ID for address – Copy of Aadhaar card, passport, driving license or voter ID card.

3. Bank statements of the last three months.

4. Latest salary slip (two months) or salary certificate of current date and Form 16.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.