If you need an immediate emergency loan of ₹50,000 and have an Aadhar card linked to your mobile number, you can easily fulfil this need. Yes, in today’s world, your Aadhar card is an essential identification document that can help you get an Aadhar Card loan urgently. Here, we’ll explain how to apply for an Aadhar card loan and provide a link to the ‘Apply Now’ button.
Aadhar Card Loan Details
| Article Topic | Urgent Loan on Aadhar Card up to ₹50000 |
| Interest Rate | Interest Rate starting from 12% per annum onwards. |
| Tenure | up to 60 months |
| Processing fees | 2% to 5% on the loan amount |
| Lenders | RBI-Registered NBFCs (non-banking finance companies) |
What is an Aadhar Card Loan?
An Aadhar Card Loan is a personal loan you can apply for using your Aadhar card and a few basic documents. Using your Aadhar card expedites the loan process by completing KYC instantly. With a 100% digital process and no paperwork, you can receive your loan disbursement within 24 hours.
Key Features of Aadhar Card Loan
Lenders offering loans on an Aadhar card offer several features that make it easier for you to avail of a loan.
100% Digital Process: Using your Aadhar card makes the loan process 100% digital, eliminating paperwork and enabling faster loan disbursements.
Loan Amount: Using your Aadhar card, you can avail a loan from ₹1,000 to ₹50,000 based solely on your CIBIL score, without income proof.
Flexible Tenure: You have a maximum repayment period of 60 months, which you can choose as per your convenience.
Improve CIBIL Score: Repaying your loan amount improves your CIBIL score, and ultimately, you can start getting higher loan amounts and lower interest rates.
Easy KYC Process: Linking your mobile number to your Aadhar card simplifies KYC, allowing you to complete it from the comfort of your home in just 2 minutes.
Eligibility Criteria for Aadhar Card Loan
To qualify for this loan, you must meet one of the following conditions:
- You must be between 21 and 60 years of age.
- You must have a monthly income source of at least ₹15,000.
- You must have a CIBIL score of 700+ to reduce the risk of loan rejection. Free CIBIL Check
Required Documents for Aadhar Loan
You will need some basic documents to avail an Aadhar card loan.
- Aadhar Card
- PAN Card
- Mobile number linked to Aadhar
- Bank account where you want to receive the loan amount.
How to get an instant online loan on Aadhar card?
The process of applying for a loan using your Aadhar card is quite simple, as explained below:
- Register by clicking on the link and entering your name, mobile number, and email address.
- Download the Aadhar Loan app on your mobile.
- Enter your details as per your Aadhar and PAN card in the loan form.
- Enter your employment details.
- Select the loan amount from the loan offer.
- Complete the KYC process using your Aadhar and PAN card.
- Fill in the auto-debit facility form so that EMIs are automatically debited from your bank account.
- The loan amount will be transferred to your bank account within 24 hours.
Conclusion:
To use an Aadhar card loan to meet your personal needs, you can easily apply for a loan by downloading the loan app on your mobile. Use your Aadhar-linked mobile number and PAN card to complete KYC quickly and conveniently, and receive the loan amount in your bank account. Keep in mind that you should always apply for a loan through RBI-registered NBFC apps and use the loan wisely.
FAQ Related to Aadhar Card Loan
How much loan can you get using your Aadhar card?
There are several RBI-registered loan apps online that offer loans ranging from ₹1,000 to ₹50,000 using your Aadhar card and PAN card, without requiring any collateral or income proof, as these loans are based solely on your CIBIL score. However, for higher loan amounts, income proof will be required.
How to get a 10,000 Aadhar Card Loan?
Click the link and install the Aadhar Card Loan app on your mobile phone by entering your name, mobile number, and email address. Enter your PAN and Aadhar card details to receive the loan offer. Choose a loan amount of Rs. 10,000 and a repayment time. Complete the KYC process, submit the loan application, and the loan amount will be transferred to your bank account within 24 hours.
