Get Personal Loans on PAN Card and Purchase Your Dream Car
Buying a car is a big financial decision in anyone’s life. If you have already decided on your next vehicle but need some financial help, then a personal loan is a great solution. When it comes to applying for a loan online, you need to submit multiple documents to get approval and a PAN card is one of them. This card denotes your identity and without a legit PAN, no loan can be acquired. Along with the other mandatory documents such as address proof, income proof, photographs, bank statement, and other essential details, it’s important to provide a PAN to get instant approval. There are many reasons for submitting this PAN Card, check them below -
● Can track any past defaults or non-payment of other loans
● It acts as one of the important identity proof of any individual
● Will assess the income, history of the borrower and can easily detect him/her in case of the sudden disappearance
Availing Personal Loans on PAN Card
A four-wheeler loan is offered by various banks, NBFCs, and Private finance companies. When you are looking for a loan at a low-interest rate with a flexible tenure period, Buddy Loan is your one-stop solution. Buddy Loan offers loans for both salaried and non-salaried people. Applicants can easily compare the loans provided by all banks and financial institutions and select the one as per convenience. The loan amount can vary from 1000 to 15 Lakhs with minimal documentation, flexible repayment tenure, and no hidden charges. Whether you have a good credit score or not, Buddy Loan will help you to get a personal loan for your car purchase. However, a good credit score helps applicants to get loans at more competitive interest.
Benefits of Availing a Personal Loan on PAN Card
Availing a personal loan on a PAN card has the following benefits –
● You can avail a loan instantly just by submitting your PAN card. No physical paperwork when it comes to the application approval or sanction of the loan
● Since PAN card is easily available with most individuals, students and youngsters can also apply for it
● Getting a great deal on your dream car? But a shortage of funds? PAN card can help you to get an instant loan within hours
● Avail the benefits of flexible tenures for repayment
How to Apply for a Personal Loan Online Using PAN Card?
There was a time when you had to submit several documents to apply for a personal loan so that you can buy the car you want. However, with the advent of digitization and PAN cards, now you can easily avail a loan by showing your PAN card as KYC proof. This document is accepted by most of the banks and NBFCs as proof of identity, birth, or citizenship. When you are looking for instant approval, this card can be your go-to option in the loan journey.
● Open the Buddy Loan app or visit the website
● Fill up the application with the required details. Make sure the information is true as lenders will call you to verify all those details and then only you will receive approval status
● Upload the PAN card and other documents to complete the process
● Once all the documents are verified, you will get a loan approval notification
● Within 48 hours your loan amount will be disbursed
Your dream car is just one click away, be ready to purchase it whenever you want. Keep the PAN card handy and apply for a quick personal loan online. Plan a clear repayment strategy before applying for a loan and also be sure to compare offers across multiple lenders before you make the final decision!














