Personal Loan

How to Get a Personal Loan on Aadhar Card & PAN Card?


Personal loans require least of the documentation, but there are documents which can solely get your loan passed. Yes, Aadhar Card & PAN Card are 2 of the documents on which you can get a personal loan hassle-free. The only condition that applies here for these documents to be eligible for the personal loan is if your documents i.e. Aadhar Card and PAN Card, are linked to your bank account or not. You can get an Aadhar Card loan or PAN card loan if these are directly linked to your bank account. 

Banks or financial institutions giving you loans first check your eligibility criteria through your bank regarding your financial condition and repayment capability. 

We discuss in this blog the process of getting a personal loan on an Aadhar Card only or PAN Card. 

How to get a loan on Aadhar Card only?

The Indian government introduced the Aadhaar card as an all-encompassing identity system in April 2010. It enables every Indian national to apply for and get their own unique 12-digit alphanumerical code. It serves as a personal identity and addresses evidence recognised by all Indian institutions. Each user’s information is stored by Aadhaar, confirming users’ identities and helping prevent fraud.

The government of India has been requesting more and more that institutions complete KYC procedures before engaging in transactions to save them from further fraud. The Aadhaar card also fulfils the need for completing the KYC procedures. Whether in person or online KYC, for the proof of every citizen’s identity, address and citizenship. Having an Aadhar Card improves your chances of getting approved for a personal loan on an Aadhar card only, immediately.

Process of getting a personal loan on Aadhar Card only:

  • If your Aadhaar card is linked to your bank account, all you need to do to apply for a personal loan is present it.
  • It only requires that you include your Aadhaar number in the web application.
  • You don’t need to upload extra papers if your PAN and bank account are connected to your Aadhaar card. All you need to do is allow the bank to do background checks using your Aadhaar card, along with verifiable verification of your address and income.
  • Suppose you are verified and are eligible by the lender. You will receive the money from your loan in your bank account in the next couple of days or even sooner.

Note: Please be aware that an Aadhaar card cannot be used as proof of address for banking statements like deposits or loans as a result of a recent RBI circular. So, when qualifying for a personal loan, you will still need to present valid address proof, such as electricity bills, a rental agreement, a passport, a driver’s licence, etc.

How to get a loan on a PAN card?

Every Indian is also given a 10-digit alphanumeric number called a PAN or Permanent Account Number. It serves as an identification number which is incredibly beneficial and necessary when engaging in any financial or banking transaction and submitting your tax returns. To approve any instant personal loan and even to conduct most other transactions above certain thresholds. The majority of banks and & other sources need your PAN number.

There are some difficulties when both of these documents are not available. And carrying out even basic transactions will become more difficult if you don’t have a PAN or an Aadhaar card. You should sign up for the government’s simple and widely accessible Aadhaar registration programme.

Process of getting a personal loan on a PAN Card

  • It will be simple for you to apply for and get authorised for a personal loan if you have a bank account connected to your Aadhaar number and a PAN card.
  • Meanwhile, applying for a personal loan online may be time-consuming if you still need an Aadhaar card connected to your PAN/bank account because you’ll need to upload several papers.
  •  The lender’s verification process length will add to the required time.
  • The convenience of applying for a personal loan online allows you to do it from the convenience of your home or workplace, where you have more space and comfort to conduct your analysis or research.
  •  It is highly advised to utilise the personal loan eligibility calculator to know the loan amount you are qualified for by putting your earnings and monthly responsibilities and then adjusting the duration and borrowing costs.

Similarly, you may use a personal loan EMI calculator to estimate the EMI you could pay by changing the interest rate and loan term. Using this personal loan calculator, you may experiment with different combinations to get the best and most affordable choice.

Why should you take a personal loan?

A personal loan is quite beneficial due to some unique features, a few of which are mentioned below:

  • You are not required to pledge your assets as collateral because it is an unsecured loan.
  • Once authorised, a personal loan is immediately sent into your bank account, where you may prudently use the money as needed.
  • Thanks to its flexible terms and repayment alternatives, you may choose the personal loan that best fits your repayment plan.
  • Personal loans are available with affordable EMI payment plans and reasonable interest rates.

Final Words

We can grasp why personal loans have been increasingly popular and in demand in recent years as we consider their many advantages. On their end, banks and other financial institutions have streamlined and accelerated the application. And documentation procedures for personal loans.

Visit Piramal Finance (, which is an Indian financial services company that is making its foray into retail lending, to learn more about personal loans, business loans, housing loans, and other consumer-focused finance products.


  1. Can I borrow money with my PAN card?

Generally, you may apply for an instant personal loan with little to no paperwork, but a PAN card is a crucial piece of identification. This document provides the lender with information about your financial condition and ability to repay.

  1. For whom are personal loans available?

You must be an Indian citizen with a current address. You must be between the ages of 21 and 67 and work for a private, public limited business or a multinational corporation. A minimal level CIBIL score of 750 is required.