Aadhaar Card Loan is a comprehensive e-KYC approved personal loan, designed for quick access to personal loans. An instant personal loan on Aadhaar Card releases a loan amount of up to Rs. 50 Lakhs with affordable interest rates.
Today, an Aadhaar card loan can serve as a single document loan for the complete approval process. It makes your verification process easier and serves as a prime source of identity. Avail here and save your time!
Get an instant personal loan with your Aadhaar card, by following these steps:
Start by researching different lenders and loan providers who offer instant personal loans based on an Aadhaar card. Compare their interest rates, loan terms, eligibility criteria, and repayment options.
Review the eligibility requirements set by the lender. Typically, lenders consider factors such as age, income, credit score, and employment status. Ensure you meet the eligibility criteria before applying.
Visit the lender's website or download their mobile app to begin the loan application. Fill in the required information accurately, including your Aadhaar card details, personal information, employment details, and loan amount.
Once you submit the application, the lender will verify your Aadhaar card and other documents provided. This process may involve verifying your biometric details through Aadhaar - based eKYC.
Upon successful verification, the lender will assess your loan application and decide. If approved, the loan amount will be disbursed directly to your bank account linked to your Aadhaar card.
The Aadhaar Card loan interest rates and processing fees vary from lender to lender. Hence it is essential to compare the interest rates and make an informed decision before applying. Here is a list of top banks and NBFCs that prefer an Aadhaar Card as a primary document:
|Top Banks||Interest Rates(p.a.)||Processing Fees|
|Axis Bank||10.49% onwards||Up to 1.25%|
|IndusInd Bank||10.25% onwards||Up to 3%|
|IDFC Bank||10.49% onwards||Up to 3.5%|
|HDFC Bank||10.50% onwards||Up to ₹4999/-|
|ICICI Bank||10.50% onwards||Up to 2.50%|
|Kotak Mahindra Bank||10.99% onwards||Up to 3%|
|Federal Bank||11.49% - 14.49%||Up to 3%|
|Top NBFCs||Interest Rates(p.a.)||Processing Fees|
|Tata Capital||10.99% onwards||Up to 3%|
|Bajaj Finserv||11.00% onwards||NIL|
|DMI Finance||12% onwards||Up to 4%|
|L&T Finance||12% onwards||Up to 2%|
|MoneyTap||13% onwards||Up to 2%|
|Aditya Birla||13% onwards||Up to 3%|
|MoneyView||15.96% onwards||Starts at 2%|
|Cashe||27.00% onwards||Up to 3%|
To apply for an Aadhaar card loan, you must meet the basic eligibility criteria: Here is the overview of Aadhaar Card Loan eligibility:
Can I get a personal loan on Aadhaar card without a salary slip?
Yes, if you are looking to obtain a personal loan using your Aadhaar card without a salary slip, there are certain requirements that you may need to fulfill. In addition to your Aadhaar card, some lenders may request bank statements as an alternative income verification method.
Typically, lenders ask for bank statements to assess your financial stability and repayment capacity. Hence, you will have to mandatorily provide the bank statement for the last 6 months. And in case you are self-employed, you must provide bank statements for the last 3 months.
Before you apply for an Aadhaar card loan, plan your loan repayments effortlessly with the Personal Loan EMI Calculator. You can easily calculate your EMI in advance with this user-friendly calculator.
Just enter the loan amount, interest rate, and loan tenure to determine your EMI and take control of your budget. This tool helps you make informed decisions about any of your financial obligations.
|Year||Month||Principal (A)||Interest (B)||EMI (A+B)||Balance||Loan Paid to Date (%)|
Avail an Aadhaar Card Loan and enjoy multiple benefits in just a click!
Zero need of provide any collateral
Loan approval & disbursal in mins
Expect complete e-KYC process
Interest rates starting from 10.50% p.a.
Choose your preferred tenure for loan replayment
Provide Aadhar Card as proof of identity & Address
Apply for a personal loan using Aadhaar Card and you can access your personal loan without a PAN card verification (Differs from lender to lender). Aadhaar card serves as ID proof & is important to note that you may need to provide several other supporting documents. These documents may include your Voter ID card, passport, driving license, salary slips, and more, depending on the specific requirements set by the loan provider.
Follow these steps to apply for an Aadhaar Card Loan on Buddy Loan:
Step 1 - Visit - buddyloan.com or Download the
Step 2 - Fill out the application form, including the loan amount, the tenure months, and contact details.
Step 3 - Fill out the following personal details where required:
Step 4 - Submit the details & your loan will be approved in minutes.
The Government of India has introduced various loan schemes, and one notable program is the Mudra Yojana. This initiative aims to empower young entrepreneurs by providing them access to collateral-free business loans up to ₹10 lakhs with Aadhaar card.
It allows borrowers to avail loans for business purposes using the Aadhaar card from both government and private banks. Here are the highlights of PM Aadhaar Loan Yojana:
|Scheme Name||Mudra Loan (Loan on Aadhaar Card)|
|Loan Type||Collateral free|
|Loan Amount||Up to ₹10 Lakhs|
|Who can apply?||Citizen of India|
|Concerned Ministry / Department||Ministry of Micro Small and Medium Enterprises (MSME)|
A personal Loan on Aadhaar Card offers a convenient and efficient way to access funds. It eliminates the need for extensive documentation and lengthy approval processes, making it an attractive option for individuals in need of quick financial assistance.
Aadhaar Card Loans provide flexibility and empower you to meet your personal financial needs swiftly. However, it's essential to research and compare lenders, understand the terms and conditions, and borrow responsibly to ensure a smooth borrowing experience.
Ready to take next step ?
Yes, Aadhaar loan is available. Many lenders prefer Aadhaar Card as a primary document for loan approval.
Eligibility criteria vary among lenders, but typically individuals with a valid Aadhaar card, a certain age limit, income source, and good credit history are eligible.
The loan amount you can get on Aadhaar card depends on various factors such as your income, creditworthiness, and the policies of the lender. It can range from a few thousand to several lakhs.
Aadhaar cash loan refers to a loan where funds are disbursed directly into the bank account linked to the Aadhaar card, offering convenient access to cash.
The required CIBIL score can vary among lenders, but a good credit score (usually above 750) enhances your chances of getting an Aadhaar card personal loan.
It may be challenging to obtain a loan on your Aadhaar card if you are unemployed, as lenders typically consider employment status and income sources as part of the eligibility criteria. However, it's advisable to check with specific lenders who may offer loan options for individuals with alternative income sources or collateral.
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