Customer care hotline Call 1800 10 888
Login to the new experience with best features and services
When you need urgent funds, a personal loan can be your go-to solution. However, most lenders require specific documents to process your loan application. A PAN card is one of the most requested documents because it helps verify your identity and maintain financial transparency. While some lenders accept alternate KYC documents like Aadhaar or voter ID, the process can be cumbersome and time-consuming.
IDFC FIRST Bank’s FIRSTmoney makes personal loan applications simpler and faster. By requiring only your PAN card, FIRSTmoney offers loans of up to ₹10 lakhs. The entirely digital process ensures a seamless borrowing experience, making it an ideal choice for those seeking quick cash.
Although some lenders allow personal loans without a PAN card, you may need to submit alternate documents such as:
The absence of a PAN card can result in longer processing times and stricter eligibility checks. This is because PAN cards are critical for verifying financial history and monitoring creditworthiness.
With IDFC FIRST Bank’s FIRSTmoney, the process is far more straightforward. You only need your PAN card as proof, eliminating the need for additional paperwork. Whether you need funds for an emergency, travel plan, or home renovation, FIRSTmoney offers instant approval and swift disbursal with minimal hassle.
IDFC FIRST Bank’s FIRSTmoney empowers you to secure quick, hassle-free personal loans with just your PAN card—your gateway to financial freedom.
Choosing IDFC FIRST Bank’s FIRSTmoney for your personal loan needs comes with several benefits, including:
FIRSTmoney ensures that once your loan is approved, the funds are credited to your account instantly, saving valuable time during emergencies.
Borrow any amounts up to ₹10 lakhs as per your needs to meet your urgent fund requirement. Enjoy extended tenures of up to 60 months to conveniently repay your loan.
Say goodbye to complex paperwork. With FIRSTmoney, your PAN card is the only document required for loan processing.
FIRSTmoney offers a zero-foreclosure charge on closing your loan before maturity. This means that you can close your loan by paying the outstanding amount in full without any penalty and save more on interest.
Apply for a loan from the comfort of your home. The entire process, from application to disbursal, is conducted online without the need for branch visits.
Already availed a loan and need additional cash? FIRSTmoney allows you to obtain additional loans with just a few clicks.
If you need to apply for a loan but do not have a PAN card, consider the following tips:
Look for lenders who accept alternate KYC documents like Aadhaar or voter ID to process your loan application.
Ensure you submit valid identity proof, address proof, and income proof for verification.
A strong credit score enhances your loan eligibility, even without a PAN card. Maintain timely repayments to improve your creditworthiness.
Stable income and a low debt-to-income ratio can positively influence your application. Keep salary slips and bank statements ready as proof.
Apply with reputed lenders, known for their transparent policies and efficient processes.
While these tips may help, using your PAN card with FIRSTmoney simplifies the entire process significantly, allowing you to avoid unnecessary delays.
Getting a personal loan without a PAN card is possible, but it often involves additional documentation and longer approval times. A PAN card simplifies the process and ensures smoother and quicker access to funds. IDFC FIRST Bank’s FIRSTmoney takes this convenience to the next level by offering personal loans of up to ₹10 lakhs with just a PAN card, required at time of [DN1] the online Video KYC process.
With a 100% digital application process, flexible loan amounts, quick disbursal, and the ability to secure additional funds in emergencies, FIRSTmoney is the perfect solution for your financial needs.
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.