Get Personal Loan on PAN Card Upto 50000

Hence, it is considered a necessary document when it comes to taking a loan of 50000 on a PAN card. So, if you are one of them looking for 50000 loans, you need to apply for mini loans or instant loans. Several financial institutions and NBFCs offer short-term loans for Rs.50,000 on a PAN card. Instant personal loans are unsecured and collateral-free. It is typically designed for young professionals and self-employed individuals who aim to achieve the things they desire to acquire correctly.

Features & Benefits of 50000 Personal Loan on PAN Card

Collateral Free

You do not have to offer any valuable assets as pledging since a PAN Card instant loan is an unsecured form of credit

Instant Approval

Get quick approval within seconds after completing simple eligibility criteria set by the lender

Flexible Repayment Loan Tenure

You can pay up to a personal PAN card loan over 24 months or more per the lender's policy. The tenure may differ from lender to lender. Use a personal loan EMI calculator to plan and evaluate your other monthly expenses and obligations.

Instant Disbursal

The 50000-loan amount will get disbursed within a few working hours directly into your bank account

Simple Documentation Process

No physical documentation is required while applying for 50000 personal loans on a PAN card. All the loan process is done online through the instant loan app.

Hidden Charges

Know the charges related to an instant loan of Rs.50000 by reading clear terms and conditions levied by the lender

Affordable Interest Rate

You can get a loan of Rs. 50000 at a lower interest rate than a credit loan interest rate. So, taking a personal loan with a PAN card will be profitable for you on less interest rate and processing fees.

Eligibility Criteria For 50000 Loan on Pan Card

You need to follow the below-mentioned requirements to get a ₹50,000 loan on your PAN card:

• Your age should be between 25 – 75 years
• You must be an Indian Citizen
• You should earn a minimum income of Rs.15,000 monthly
• You must provide relevant documents and details
• You should have at least 6 months work experience
• You should be either salaried or a self-employed professional

Required Documents for 50000 Loan on a PAN Card 

The documents required are hassle-free, and thus, it becomes easy to apply for a loan.

The document records needed are as follows

• Identity & Address Proof – Aadhar card/PAN card

How to Apply for a 50000 Loan on a PAN Card?

Below are the simple steps to apply for a 50000 loan on a PAN card:

• Download the loan app from Google Play Store on your smartphone
• For OTP verification, register your mobile number
• Evaluate your loan amount, EMI, and tenure on the personal loan EMI calculator for planning as per your budget
• Provide your Aadhaar and PAN card details for your personal and financial verification
• Fill in the online application form with personal and employment details
• Once the verification process ends, the loan gets approved and disbursed directly into your account

Hero FinCorp is one such instant personal loan app, offering a loan amount starting from Rs.50,000 up to Rs.3,00,000 on PAN card and Aadhar card with flexible repayment tenure and an affordable interest rate of 25%* per annum.

Frequently Asked Questions

1. Is It Safe To Apply For A ₹50,000 Loan On A Pan Card Online?

Yes, applying for a loan online is generally safe, provided you apply through a reputable lender’s secure website or app. Ensure the website is encrypted (look for "https" in the URL) and avoid sharing your personal information on unsecured websites.

2. Can I get a ₹50,000 loan on a PAN card with a bad credit score?

Getting a loan with a bad credit score may be challenging, but some lenders specialize in loans for individuals with lower credit scores. However, you may face higher interest rates or stricter terms.

3. How long can a ₹50,000 loan be approved?

The approval process can vary depending on the lender and the completeness of your documentation. Generally, it can take a few hours to a few days for approval and disbursal of the loan amount.