How to Get Personal Loan without PAN Card

Not every lender offers personal loans without PAN card, but Moneyview’s partner lenders focus primarily on customer service. Get affordable instant loans without PAN card through Moneyview. Continue reading to know more.

Have you been searching for ‘instant loan without PAN card’ or ‘loan app without PAN card’?

Your wish can come true through Moneyview! 

Read ahead to know how you can get a personal loan without a PAN card.

Personal Loan without PAN Card

While a PAN card is considered your primary identity proof document, you can easily get a loan through Moneyview without it.

Our lending partners have a list of documents you can choose from as identity proof. You can use any of the following documents if you don’t have a PAN card - 

• Aadhaar Card

• Valid Indian Passport

• Valid Voter ID

• Valid Driver’s License

All you need are other officially valid documents or alternate KYC documents such as your Aadhaar card, Voter ID, Passport, etc.  Read on to learn how to apply, eligibility requirements, and other documents needed.

Eligibility Criteria for Online Loan Without PAN Card 

If you are trying to apply for a ‘without PAN card loan’, here are the eligibility criteria -

• A salaried or self-employed individual

• Monthly household income of Rs. 25000 or more per month

• Income should be received in a bank

• Minimum CIBIL score of 650

• Should be aged between 21 years and 57 years

Benefits of Applying for Online Loan Without PAN Card

Here are some benefits of applying for a personal loan online without PAN card:

1. Easier Access to Loans for Those without PAN

People who do not have a PAN card, like students and homemakers, can borrow money if the lender accepts alternate documents like voter ID, Aadhaar, or passport.

2. Quicker Approval Process

Digital lenders often have streamlined processes that do not require a lot of documentation. This makes the loan approval process faster even without a PAN card.

3. Convenience of Online Platforms

Applying for loans through digital lenders means you do not have to visit a branch or a physical location. This makes the whole process of applying for loans easier for borrowers, especially for those in remote areas.

4. Tailored Loan Products

Some lenders may offer smaller loans or micro-loans without requiring a PAN card. This can be useful for specific needs, such as medical emergencies and short-term expenses.

Documents Required for Online Loan Without PAN Card

The documents you need to apply for a personal loan from Moneyview without a PAN card are listed below - 

* Ensure that your mobile number is linked to your Aadhaar card for KYC verification

* Provide a clear selfie taken in a well-lit area

Please note that the documentation requirements will vary based on your profile. Our lending partners may require proof of address, bank statement, and other supporting documents.

* In case proof of address is required, any one of the following documents will suffice -

• Aadhaar Card
• Valid Indian Passport
• Valid Voter ID
• Valid Driver’s License
• Utility Bills (Electricity, Water, Gas) dated within the last 60 days

* If our lending partners require income proof, you must furnish your bank statement for the last three months. This statement must also show your salary credits.