How to get a personal loan with a PAN card

Check eligibility, required documents, and the application process for an online personal loan of up to Rs 55 lakh using PAN card details.
How to get a personal loan with a PAN card
5 min read
25 June 2025

A personal loan is a convenient and flexible way to manage planned expenses and sudden emergencies without dipping into your savings. Whether it’s a medical bill, home repair, or a family celebration, a personal loan can offer quick financial support. One of the key documents that makes the application process faster and smoother is your PAN card.

In fact, applying for a PAN card loan has become increasingly popular due to the minimal documentation required. Your PAN card acts as proof of identity and financial credibility, helping lenders verify your details quickly and approve your loan with minimal delays.

When you apply for a personal loan PAN card-based verification plays a crucial role. Most banks and NBFCs consider it a mandatory document during the loan approval process. It helps establish your credit profile, allowing lenders to assess your eligibility accurately.

With a valid PAN card and a steady income, you can get a personal loan approved swiftly, often with instant or same-day disbursal. If you're looking for a hassle-free way to borrow, opting for a PAN card loan could be the smart move.

Why is a PAN card important for a loan?

Your PAN card is linked to every single bank account, credit card, and loan that you have. It helps in the monitoring of your credit-related activity by credit bureaus as well. Loan providers require your PAN card since it enables them to access your credit information reports and credit scores from bureaus such as CIBIL to assess your eligibility and loan repayment capacity. The Indian legal system can essentially follow each cash inflow and outflow into your bank accounts thanks to a PAN card.

When you submit your PAN card, lenders can check the financial history associated with your account. If they find no irregularities or outstanding loans, and a solid repayment history, it can boost your chances of approval of personal loan on PAN Card.

How to apply for a personal loan with a PAN card?

Here is a detailed procedure for applying for a Bajaj Finserv Personal Loan:

  1. Click on "APPLY" at the top of this page to open our online application form.
  2. Enter your 10-digit mobile number and check the OTP that was sent to your phone.
  3. Fill out the application form with your full name, PAN, date of birth, and PIN code.
  4. Now, click on "PROCEED" to go to the loan selection page.
  5. Type in the amount you want to borrow. You can choose between our three personal loan variants: Term, Flexi Term, and Flexi Hybrid.
  6. Choose your loan tenure. You can choose between 12 months to 96 months.
  7. Then click on "PROCEED."
  8. Fill out your KYC information and send in your application.

How much personal loan can you get with a PAN card?

Credit score
A good score (685+) increases your chances of getting an instant loan on PAN card with better terms.

Monthly income
A stable income boosts your eligibility and may help you secure a higher loan amount.

Age and employment
Lenders prefer applicants aged 21 years– 80 years* with steady jobs or consistent business income.

Existing debts
Fewer current EMIs or loans improve your chances of getting approved.

PAN card requirement
Most lenders need your PAN for quick verification. It helps speed up approval for instant loans on PAN card.

How to get loan without PAN card
Though rare, some lenders may offer small-ticket loans without a PAN card, using alternate ID proofs like Aadhaar or voter ID. Always check with the lender directly.

Loan example
Bajaj Finserv offers personal loans up to Rs. 55 lakh with flexible terms from 12 months to 96 months.

Eligibility criteria for personal loan with a PAN Card

 The eligibility criteria for a personal loan differ from lender to lender. You must thoroughly check the criteria of each lender before opting for the loan. Anyone can apply for a personal loan if they meet the five basic criteria listed below.

  • Nationality: Indian 
  • Age: 21 years to 80 years*. 
  • Employed with: Public, private, or MNC. 
  • CIBIL Score: 685 or higher. 
  • Customer profile: Self-employed or Salaried 

*Upper age limit at the end of the loan tenure.

Documents required for a personal loan with a PAN card.

In addition to a PAN card, the following documents are needed to get a personal loan: To learn more about the complete list, check the essential personal loan document checklist before applying:

  • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
  • PAN card
  • Employee ID card
  • Salary slips of the last 3 months
  • Bank account statements of the previous 3 months
  • Piped gas bill
  • Pension order
  • Letter of Allotment of Accommodation Issued by Employer
  • Property / Municipal tax receipt
  • Utility bill

Interest rate on personal loan with a PAN Card

Check the interest rate on personal loan before starting your application. Make a note of all the associated charges with the loan to plan your repayment comfortably. You can use our interest calculator to get a breakdown of the loan repayment in terms of principal and interest.

Features and benefits of a personal loan

Here are some of the additional features and benefits of getting a personal loan:

No collateral needed: There is no requirement for collateral as personal loans are unsecured forms of lending, therefore you are not required to pledge any of your precious possessions as security.

Quick disbursal: Once your loan application is approved, you can have the funds in your bank account in as little as 24 hours in most cases.

No restrictions on end-use: There are no limitations on what a personal loan can be used for. You can use it to pay for your home renovation or higher education, or even cover unexpected medical costs.

Our representative will help you figure out what to do next. The loan amount will be transferred to your bank account after your documents are checked and approved.

Additional read

How To Link Pan Card In Digilocker

How To Check Loan Status Using Pan Card

Loan App Without Pan Card

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

Can I get a loan with a PAN card?

To get a personal loan, you would need to submit all the documents mandated by the lender. These include identity proofs, income proofs, address proofs, and so on.

Is a PAN card mandatory for personal loans?

PAN Card is one of the essential documents that lenders need to approve and disburse your personal loan.

What is the limit of PAN card loan?

The loan amount you can borrow depends on the lender’s criteria and your eligibility.

How long does it take to get a personal loan with a PAN card?

A personal loan with a PAN card can be approved within 24 hours, depending on eligibility, and document verification process.

What is the minimum CIBIL score required for a personal loan with a PAN card?

You will require a CIBIL score of 685 or above for a personal loan with a PAN card.

Can self-employed individuals get a loan on PAN card without income documents?

Yes, some lenders may offer a loan on PAN card without salary slip if you have a strong credit score and provide alternative proof of income like bank statements or GST returns.

Can I get an instant personal loan as a student without a PAN card?

Getting a loan without PAN card for students is rare, but some lenders may offer small loans using alternate documents like Aadhaar, subject to eligibility and approval.

Is applying for a loan online with just a PAN card safe?

Ensure that you apply for a loan from a reputed lender. You may have to submit additional documents to complete the application.

How can I check all loans with a PAN number?

You can check all loans associated with your PAN number by accessing your credit report from credit bureaus like CIBIL, Experian, or Equifax. These reports list all open and closed loans under your PAN, along with repayment history.

Can I use PAN number to track personal loans or credit history?

Yes, you can. Learn how to check active loan on PAN card by logging into authorised credit report platforms and entering your PAN to view loan and repayment details.

How can I check if a loan is taken using my PAN card?

To know how to check loan on PAN card, visit credit bureau websites like CIBIL, enter your PAN details, and access your credit report for any active loans.

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