How to Get a Personal Loan without PAN Card In 2023

by
How to Get a Personal Loan without PAN Card

Get a Personal Loan without PAN Card: A PAN card, which stands for “Permanent Account Number,” is a unique number that Indian taxpayers get. Most financial transactions, like applying for personal loans, require it. But sometimes, you can get a personal loan even without a PAN card. Here are some options you can explore:

  1. Apply for a loan with a co-applicant: If you don’t have a PAN card, you can apply for a personal loan with someone who does. The co-applicant will guarantee the loan, and their PAN card will be used to make sure they are who they say they are.
  2. Apply for a loan from a non-banking financial institution: Some financial institutions that aren’t banks may give personal loans to people who don’t have a PAN card. But the interest rates may be higher and the amount of the loan may be less.
  3. Provide other identification documents: Most financial transactions require a PAN card, but some lenders may accept other forms of identification, such as a voter ID card, passport, or Aadhaar card. You can ask the lender if they will accept other forms of identification.
  4. Get a PAN card: If you are eligible for a PAN card, you should get one because it will make it easier for you to apply for loans in the future. You can either apply for a PAN card online or in person at a PAN card center.

Even though you might be able to get a personal loan without a PAN card, you should get one because it will make it easier for you to use financial services in the future.

How to get a loan without a PAN card in India?

Most financial transactions in India require a PAN card, so most loan applications in India require applicants to have one. But some loan apps may accept other forms of ID, such as an Aadhaar card, a voter ID, a passport, or a driver’s license. Follow these steps to get a loan application in India without a PAN card:

  1. Research loan apps: You can look for loan apps that accept other forms of ID besides a PAN card. Check the app’s website or call their customer service to find out if they accept other types of documents.
  2. Check the eligibility criteria: When you apply for a loan, you have to meet certain requirements, such as your age, income, credit score, and employment status. Before you ask for a loan, make sure you meet the requirements.
  3. Provide alternate identification documents: If the loan application accepts other forms of identification besides a PAN card, make sure to provide them during the application process. Make sure the documents are still current and valid.
  4. Apply for the loan: Once you’ve decided on a loan app, fill out the application by giving the necessary information, such as your personal and financial details. Before giving you the loan, the loan app may check your information and documents.
  5. Get the loan: If your application for a loan is accepted, the money will be sent to your bank account. You can use the loan app to check on the status of your loan and see when you have to pay it back.

Most loan apps in India need a PAN card, but some may accept other forms of identification. Before you apply for a loan, make sure you know what you need to be eligible and what documents you need.

Which loan apps in India are without a pan card?

Most financial transactions in India, like applying for a loan, require a PAN card. However, some loan apps may accept other forms of ID, like an Aadhaar card, voter ID, passport, or driver’s license. However, these documents may or may not be accepted based on the loan app’s rules and eligibility requirements. Here are some Indian loan apps that might accept other forms of ID besides a PAN card:

  1. KreditBee: KreditBee is a well-known loan app in India that helps both salaried and self-employed people get personal loans. Other forms of ID that can be used with the app are the Aadhaar card, voter ID, passport, and driving license.
  2. MoneyTap: MoneyTap is a loan app that lets people get personal loans and lines of credit. The app lets you use your Aadhaar card, passport, or driver’s license as an alternative way to prove who you are.
  3. EarlySalary: EarlySalary is a loan app for salaried people that gives them instant personal loans. The app lets you use your Aadhaar card, passport, or driver’s license as an alternative way to prove who you are.
  4. NIRA: NIRA is a loan app that lets both salaried and self-employed people get personal loans. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.
  5. SmartCoin: SmartCoin is a loan app that allows people to get personal loans right away. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.

It’s important to keep in mind that the loan app’s policies and eligibility requirements can change how they accept alternative forms of ID. Before applying for a loan, it is best to check with the loan app’s customer service.

Student loan app without PAN CARD

In India, if you want to get a loan or do most financial transactions, you need a PAN card. But some applications for student loans may accept other forms of ID, such as an Aadhaar card, voter ID, passport, or driving license. Here are some student loan applications in India that may accept other forms of ID:

  1. Buddy: Buddy is an app for loans that helps Indian college students get money to pay for school. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.
  2. MPower Financing: MPower Financing is a loan app that helps Indian students in the United States get loans to pay for school. The app lets you use your passport or Aadhaar card as an alternative way to prove who you are.
  3. Credenc: Credenc is a loan app that helps Indian students who want to go to college in India or abroad get the money they need. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.
  4. Auxilo: Auxilo is a loan app that helps Indian students who want to go to college in India or somewhere else get the money they need. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.
  5. GyanDhan: GyanDhan is a loan app that helps Indian students who want to go to college in India or somewhere else get the money they need. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.

Small cash loans on an Aadhar card without a pan card

Some loan apps may accept other forms of ID, like an Aadhaar card, a voter ID, a passport, or a driver’s license. Here are some loan apps in India that let you obtain small amounts of cash with your Aadhaar card and no PAN card:

  1. Money View: Money View is a loan app that lets people borrow small amounts of cash. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.
  2. MoneyTap: MoneyTap is a loan app that lets people get personal loans and lines of credit. The app lets you use your Aadhaar card, passport, or driver’s license as an alternative way to prove who you are.
  3. EarlySalary: EarlySalary is a loan app for salaried people that gives them instant personal loans. The app lets you use your Aadhaar card, passport, or driver’s license as an alternative way to prove who you are.
  4. NIRA: NIRA is a loan app that lets both salaried and self-employed people get personal loans. The app accepts the Aadhaar card, voter ID, passport, and driver’s license as other ways to prove who you are.

How to get a loan without a PAN card online apply?

Some loan apps may accept other forms of ID, like an Aadhaar card, a voter ID, a passport, or a driver’s license. Here’s how to apply for a loan online if you don’t have a PAN card:

Research loan apps: Look for loan apps that accept other forms of ID, like an Aadhaar card, voter ID, passport, or driving license. Check to see if you qualify and what the loan terms are before you apply.

Download the loan app: You can get the loan app from the app store and set up an account by giving your phone number and any other information asked for.

Submit the application: Fill out the loan application form with information about yourself and your money. The app will tell you what kind of alternative ID you need to provide.

Send in the application. Once you’ve filled out the form, look it over carefully and send it in.

Wait for approval: The loan app will look over your application and make sure that the information you gave is correct. Your loan application may be approved if you meet the app’s requirements and have a good credit score.

Receive the loan amount: Once your loan application is approved, the loan amount will be sent to the bank account you listed on the loan application.

It’s important to remember that the loan amount, interest rates, and terms of repayment can vary depending on the loan app’s rules and eligibility requirements. Before applying for a loan, it is best to check with the loan app’s customer service.

How to get a personal loan from the State Bank of India without a PAN card?

SBI may accept other forms of ID, like an Aadhaar card, voter ID, passport, or driver’s license, for certain types of loans or in rare cases. Check with your local SBI branch or customer service for more information on other ways to prove your identity that may be accepted when applying for a personal loan. To apply for a personal loan with SBI, you will also need to meet their eligibility requirements, have a good credit score, and provide other documents.

How to get a 5,000/10, 000 loan on an Aadhar card?

There are several loan apps and lending platforms in India that offer instant small-ticket loans based on your Aadhaar card details. Here are the steps to get a 5,000 loan on an Aadhaar card:

  1. Research loan apps: Look for loan apps that offer instant loans based on Aadhaar card details. Some popular loan apps that offer small-ticket loans include EarlySalary, MoneyTap, KreditBee, and PaySense.
  2. Download the loan app: Download the loan app from the app store and create an account by providing your mobile number and other details as required.
  3. Provide Aadhaar card details: Link your Aadhaar card with the loan app and provide the necessary details such as name, address, and date of birth.
  4. Apply for the loan: Once you have provided your Aadhaar card details, you can apply for a loan by selecting the loan amount and tenure. For a 5,000 loan, you may be able to choose a tenure of 15 to 30 days.
  5. Submit the application: Once you have filled out the loan application form, review it carefully and submit it.
  6. Wait for approval: The loan app will review your application and verify the information provided. If you meet the app’s eligibility criteria and have a good credit score, your loan application may be approved within minutes.
  7. Receive the loan amount: Once your loan application is approved, the loan amount will be disbursed to your bank account linked to the loan app.

Conclusion

In India, it can be hard to get a personal loan without a PAN card and a salary slip because most lenders want to see these documents. But some loan apps and digital lending platforms may have different requirements for who can use them or accept different documents as proof. Before you apply for a loan, you should carefully read the terms and conditions of the loan app and make sure you can pay back the loan as agreed.

If you don’t, you could end up defaulting and hurting your credit score. To improve your chances of getting a personal loan in the future, you should also keep your credit score and payment history in good condition.

Leave a Comment