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

Updated on: 11 August 2023

Published on: 31 July 2023

Today, personal loans are more accessible than ever, with a simple application procedure and quick verification using your PAN card. Unlock the power of personal loans and get a loan of ₹20,000 with your PAN card to navigate your expenses hassle-free.

The ease of applying for a ₹20,000 loan and getting quick approval can be credited to the continuous technological advancements in the financial sector. You can effortlessly get access to funds for your planned or unplanned requirements by simply submitting your PAN card for KYC purposes. It’s a piece of cake! 

To ensure a seamless experience and avoid any last-minute setbacks, make sure to check the eligibility criteria set by the lender before sending in your loan application. This step can safeguard you against rejections and make sure you get these funds with lightning speed. 

On Fibe, you can get loans with easy-to-meet eligibility criteria, minimal paperwork and a straightforward application process. Read on for more insight on getting a ₹20,000 loan using your PAN card details.

Features of a loan of ₹20,000 on Fibe

A Fibe Personal Loan is loaded with attractive features and benefits. Here are some of the features of a ₹20,000 loan on Fibe.

• Gain instant access to funds without providing any collateral as security
• Get the benefit of choosing from flexible tenures from 3 to 36 months to repay
• Take advantage of the digital loan application process that requires minimal paperwork
• Experience fast and secure disbursal of funds that will be transferred 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 0 added charges 

Eligibility criteria for a loan of ₹20,000 using a PAN Card for KYC 

Now that you know the features of a Fibe Personal Loan, check to see if qualify for it.
Here are the eligibility criteria you need to meet when getting a PAN card loan of ₹20,000 on Fibe:

• You must be a resident of India
• You need to have a PAN card. If you don’t you need to apply for PAN card
• You need to be between the age 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

Steps to get a loan of ₹20,000 on PAN Card verification

You must follow these simple steps to get a PAN card loan of ₹20,000 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 you need

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 PAN card loan of ₹20,000 on Fibe. In fact, 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 downloading the Fibe app or visiting the portal and registering. Then follow the steps given on the app or website to apply and wait for approval.

Can I get a loan with a PAN card?

Yes, Fibe offers you 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. Remember to check the eligibility criteria and document requirements beforehand to get a loan using your PAN card hassle-free.

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

You can apply for a personal loan at Fibe if you have a salary below ₹20,000 since the minimum salary requirement for a Fibe loan is ₹18,000.