New Delhi, May 5 -- Permanent Account Number, or PAN, is an identification number that provides lenders with a complete image of the credit pattern. It helps monitor the monetary transactions of citizens and curbs all those transactions that happen outside of the legal framework.

It is vital to link the PAN card number with all the bank accounts, which further makes it easy for lenders to check the PAN for KYC, making the PAN number an important document to avail of a personal loan. As we know, PAN is linked with the Aadhar Card, which adds another layer of security and authentication to preserve the identity.

When linked to Aadhar, the PAN card can also be used to avail a personal loan. Due to the convenience attached, a PAN Card Loan ...