The PAN card is a Government-issued document that simplifies the identification process for a loan. Making it easy and convenient for you to avail a ₹50,000 loan on PAN card at attractive interest rates. Many lenders offer personalised loan terms and flexible repayment tenures.
Get the financial aid you need with a ₹50,000 PAN card loan. Read further to know more about how to get a 50,000 PAN card loan.
PAN Card Loan of ₹50,000 Without Documents
You can quickly get a loan of ₹50,000 online with just your PAN Card & Aadhaar. Many online lenders ask for only a few documents. Using e-KYC and online document verification helps you to get your loan quickly. However, this solely depends on the lender and can vary.
Yes, you can get a ₹50,000 PAN card loan as lenders commonly use the PAN card for verification in the application process for small loans, simplifying documentation. The approval criteria and loan terms can vary among lenders.
Before availing a ₹50,000 loan on PAN card, it is crucial to conduct thorough research on lenders, both online and offline, to understand their specific requirements.
Looking for an Instant Loan of ₹50,000?
To avail a ₹50,000 PAN card loan, there are specific criteria that you need to meet, these are:
PAN Card | Must be issued by the Income Tax Dept. |
Nationality | Indian |
Age | 18 - 60 years of age |
Minimum monthly income | ₹15,000 (May differ from lender to lender) |
Work Experience | At least 2 years of work experience. |
Credit Score | 650 above |
Lenders offer competitive interest rates for a ₹50,000 PAN card loan, these interest rates will differ from one lender to another.
Understanding them and comparing the differences will help you get a loan with the best terms.
Here are the different lenders along with their interest rates and processing fees:
Banks/NBFCs | Interest Rate % | Processing Fee |
---|---|---|
ICICI Bank | 10.65% - 16.00% p.a. | 0.50% - 2.00% |
SMFG India Credit (Fullerton) | 11.99% p.a. onwards | 0% - 6% |
Navi | 9.9% - 45.00% p.a. | 0% |
KreditBee | 10.00% - 24.00% p.a. | Up to 6.5% |
InCred | 13.99% - 42.00% p.a. | 2% - 4% |
Aditya Birla Finance | 13.00% - 28.00% p.a. | 0.05% - 3.00% |
Muthoot Finance | 14.00% - 22.00% p.a. | 2% - 4% |
HDFC Bank | 10.75% - 24.00% p.a. | Up to 2.5% |
Bajaj Finserv | 11.00% - 38.00% p.a. | Up to 3.93% |
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Note: The above mentioned rates are subject to change with the finance market and differ marginally with the respect to the individual banks.Not sure of your credit score? Check it now!
Several documents are required to avail a ₹50,000 loan on PAN Card, these documents may vary from lender to lender.
PAN Card | A valid PAN Card as primary document. |
Identity proof | Voter’s ID, PAN card, Passport, Driver’s license, etc |
Income proof | Salary slips, Bank account statements, Business tax returns, etc. |
Address proof | Electricity bill, Telephone bill, Rental agreement, etc. |
Our user-friendly EMI calculator to get an estimate of your monthly installment for a ₹50,000 PAN card loan by entering the loan amount, tenure, and applicable interest rate.
Check other PAN Card Loans for your needs!
PAN Card Loan | ₹10000 PAN Card Loan |
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₹20000 PAN Card Loan | Loan Without Pan Card |
Need ₹50,000 Loan Online on PAN Card?
The features and benefits you can get from a PAN card loan are as follows:
Get a loan amount of
₹50,000 with ease.
Get attractive rates
of interest starting
from 9.9% p.a.
PAN card loan requires
minimal documentation.
Repay your loan at any
time, choosing a flexible
tenure of 12-60 months.
Easily apply for a
₹50,000 loan on PAN
ard online.
PAN cards simplifies
verification, speeding up
the loan process.
Get a ₹50,000 loan on PAN card with ease by applying through Buddy Loan. As a loan service provider, Buddy loan helps you avail loans form the top RBI approved lenders. Simply follow the steps below and get the financial aid you need:
Apply for a PAN Card Loan now!
Yes, you can get a ₹50,000 loan on a PAN card from various lenders.
The monthly EMI for a ₹50,000 personal loan will depend on the interest rate and tenure you get. You can use an EMI calculator to know your EMI.
You can get a loan up to ₹50 lakhs with a PAN card.
You can visit the lender's website, fill the online application with PAN details, personal information, and submit required documents for a ₹50,000 PAN card loan.
Yes, PAN card loans are convenient for quick financial assistance, often offering competitive rates. However, carefully review terms before proceeding.
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