How to get ₹20,000 loan on PAN card verification: Easy steps to follow

Securing credit has become more convenient than ever with the availability of instant loans with PAN card. With quick verification using your PAN card, you can get an instant loan hassle-free. Most online lenders have an easy application process and minimal paperwork, requiring you to submit your PAN card and other basic documents for KYC purposes. 

₹20,000 Loan on PAN Card – Features and Benefits

With this essential identity proof, you can get the financial support you need. The following are some of the features and advantages of a ₹20,000 instant personal loan with a PAN card on Fibe.

• Gain instant access to funds without providing any collateral as security
• Get the benefit of choosing a flexible repayment tenure from 3 to 36 months 
• Digital loan application process that requires minimal paperwork
• Fast and secure disbursal of funds directly to your bank account
• Enjoy attractive interest rates on your personal loan of ₹20,000
• Utilise the funds freely, without any restriction on the end use
• Repay your loan hassle-free without any hidden fees or charges
• Pre-close the loan when you can with zero added charges 

Eligibility Criteria for a Loan of ₹20,000 Using a PAN Card for KYC 

This ID proof simplifies the credit application process by acting as a key identifier. Lenders still consider other factors to assess if you qualify for it. Here are the eligibility criteria to get a ₹20,000 instant loan with a PAN card on Fibe.

• You must be a resident of India
• You need to be between the ages of 21 and 55 years
• You must have a minimum salary of ₹15,000 if residing in non-metro cities and ₹18,000 if you are residing in metro cities

How to Get an Instant Personal Loan of ₹20,000 from Fibe?

With a PAN card, you can make your application process quite simpler. Follow these simple steps to get a loan of ₹20,000 with a PAN card on Fibe.

• Step 1: Go to the Fibe website or download our Instant Loan App 
• Step 2: Register by providing basic details and your PAN card number
• Step 3: Check your eligibility and choose the amount and tenure of the loan 
• Step 4: Wait for approval, which typically takes minutes, and upload your KYC documents 
• Step 5: Receive funds instantly in the bank account number that you have provided

That’s all it takes to secure a loan of ₹20,000 with a PAN card on Fibe. You can get an Instant Personal Loan of up to ₹5 lakhs at attractive interest rates. To enjoy quick access to funds, install our Instant Loan App today or register on our website. 

FAQs on Getting a Loan of ₹20,000 Using a PAN Card

How to get a loan for ₹20,000?

You can get an Instant Personal Loan of ₹20k at Fibe by simply following these steps.

• Download the Fibe app or visit the portal 
• Register by providing basic personal details
• Upload PAN card and other relevant paperwork 
• Wait for approval to receive funds in your bank account

Can I get a loan with a PAN card?

Yes, Fibe offers loans of up to ₹5 lakhs with your PAN card as verification. You simply need to submit a copy of your PAN card for KYC purposes, provided that you meet the other requirements. 

How to get a personal loan below a ₹20,000 salary?

You can apply for a personal loan at Fibe as the income criterion is as follows: 

• ₹15,000 if you reside in non-metro city
• ₹18,000 if you reside in a metro city 

How to check a loan on a PAN card?

You can check active loans on your PAN card on any credit bureau’s website. Log in or create your account and check your credit report to see the loans on your PAN card.

How to get a ₹20,000 loan instantly?

You can get a ₹20,000 personal loan instantly on Fibe, provided that you qualify as per the other eligibility criteria. 

Can I get a loan on a PAN card?

Yes. A PAN card is an essential document if you want to secure credit. However, you will also need to meet the eligibility requirements set by the lender.

What is the limit of a PAN card loan?

On Fibe, you can get a personal loan of up to ₹5 lakhs with your PAN card.