Now Need PAN Card to Issues Loan

 Now, when taking a loan amount of 25 lakh rupees or more from banks and financial institutions, it is mandatory to obtain permanent account number (PAN). Nepal Rastra Bank issued instructions to banks and financial institutions and made such an arrangement.

 Earlier, there was a provision that only those who took 50 lakhs or more should get a PAN. Similarly, PAN has been made mandatory for loans above 2.5 lakhs even if you have to take a group loan.