India was once a country where more than half of its population did not have an official identification proof. They were therefore unable to get any benefits or government subsidies. A personal loan can be a great financial option in times when you are in dire need of funds. There were many documents required to get a personal loan. These documents included proof of identity and birth certificate. But approvals took a while. However, this is now over. It is common for people to need urgent funds. These funds could cover medical emergencies, pay for the wedding, school, or any other expenses. Everybody has an Aadhaar/PAN number. These ID proofs can help you quickly get a financial solution in just a few clicks.
A personal loan, which is an unsecured loan with lower interest rates and flexible terms for young borrowers, is available. You only need to have a stable source of income, meet the basic eligibility criteria and provide valid documentation. Personal loans are very easy to get. PAN cards and Aadhar make it faster. Buddy Loan offers a personal loan online to any Indian citizen who earns more than Rs 18,000 per month.
What Documents Are Required?
After filling out the application form, you will need to upload these documents.
PAN Card/Voter Identifier for Identity Verification
Aadhaar Card/Driving Licence/Passport is required to provide proof of address
Salary slips over the past three months
Bank Statements for the past six months
Aadhar & PAN Cards are important for obtaining a loan online
The approval of your personal loan application is dependent on the Aadhar card and PAN. PAN is required to keep track of all financial transactions. Aadhaar is used for identity and address proof. While there are not many alternatives to a driving licence or passport, everyone might not have these documents. An Aadhar Card and PAN card are mandatory. These two documents will make it easy and faster to obtain a loan online. It is essential to have these documents in order to be eligible for financial aid.
Wrapping Up! Wrapping up!
Buddy Loan offers a personal loan amounting up to Rs 15 Lakh. The interest rate starts at 11.99% p.a. The term of the loan can be for 6 months up to 5 years. You can use the loan to pay off any amount you choose and at your own pace. There are many unwelcome consequences in life. A personal loan is the answer to all of them. The process of applying for a loan is easy and straightforward with an Aadhar Card & PAN card. Get loan online now and experience financial freedom.
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