If you need quick financial help, a small cash loan on Aadhaar Card can be useful for short-term expenses. These are unsecured personal loans offered by banks and NBFCs. You can use the money for medical emergencies, travel, weddings, education, unexpected bills, and other urgent needs.
Small cash loans usually involve less paperwork and can be repaid over a shorter period. Before applying, it is important to check the eligibility requirements, documents, interest rates, and repayment terms.
Small Cash Loan on Aadhaar Card Details
Before applying for a small cash loan, here are some basic details you should know:
| Particulars | Details |
| Minimum Amount | ₹500 |
| Interest Rate | 9.99% p.a. onwards |
| Processing Charge | Applicable* |
| Credit Score | 650 & above |
| Salary | ₹15,000 |
| Age | 21 & above |
| Applicant Status | Employed |
| Minimum Tenure | 2 months |
Make sure you complete your e-KYC using your Aadhaar Card before applying for the loan.
Not sure of your credit score? Check now for free!
Eligibility for Small Cash Loan on Aadhaar Card
The eligibility rules can differ between lenders. However, some common requirements are:
- Age: Applicants should be between 21 and 65 years.
- Nationality: You should be an Indian citizen.
- Aadhaar Card: You must have a valid Aadhaar Card.
- Employment: Salaried and self-employed applicants can apply.
- Income: An in-hand salary of Rs. 15,000 per month is required.
- CIBIL Score: A minimum score of 650 & above is required.
- Creditworthiness: Lenders may check your income, repayment history, and overall financial profile.
Note: Loan eligibility is subject to change.
Documents Required for Small Cash Loan on Aadhaar Card
For an instant loan, Aadhaar Card may be used as an important KYC document. However, lenders may ask for additional documents depending on their requirements.
Here are some documents you may need for a mini cash loan online:
- Identity Proof: Aadhaar Card, valid Voter ID, Driving License, or Indian Passport
- Address Proof: Passport, Driving License, Rent Agreement, or utility bills such as electricity, water, or gas bills from the last 60 days
- Income Proof: Salary slips, Income Tax Returns, and bank statements for the last three months, along with a bank cheque from your salary account
- Bank Statements: Used to check your financial position and repayment ability
- Photograph: Passport-size photo
Note: Make sure your phone number and bank account are linked to your Aadhaar Card. The documents required may also change depending on the lender.
Interest Rate on Small Cash Loan on Aadhaar Card
Small cash loans are short-term and unsecured. Because of this, the interest rate may be slightly higher than traditional loans.
Before applying, compare the interest rates offered by different lenders. Also check processing fees and other charges so that you understand the total cost of the loan.
Here is an estimated overview:
| Particulars | Details |
| Minimum Amount | ₹5,000 |
| Interest Rate | 9.99% p.a. onwards |
| Repayment Tenure | Min 2 months |
| Processing Fee | Starts from 2% of the loan amount |
Note: Interest rates, repayment tenure, foreclosure charges, and loan amounts for small cash loans on Aadhaar Card can vary depending on the lender.
Top Lenders Offering Small Cash Loans on Aadhaar Card
Small cash loans are commonly available through NBFCs and digital lenders. The table below shows some lenders along with their loan amounts and interest rates.
| Top Lenders | Loan Amount | Interest Rates |
| Loanbaba | ₹1 lakh to ₹1 crore | 11% onwards |
| Pocketly | ₹50,000 | 12% onwards |
| Phocket | ₹2 Lakh | 24% onwards |
| Early Salary | ₹10 Lakh | 12% onwards |
| CASHe | ₹3 Lakh | 27% onwards |
| Money View | ₹10 Lakh | 14% onwards |
| PaySense | ₹15 Lakh | 14% onwards |
| MoneyTap | ₹5 Lakh | 13% onwards |
Note: The actual interest rate can vary depending on the loan amount offered by the lender and your financial profile. Before taking a loan, compare lenders carefully and check the terms that apply to you.
Small Cash Loan on Aadhaar Card EMI Calculator
An EMI calculator can help you estimate the monthly payment for your small cash loan on Aadhaar Card.
You can use the calculator to:
- Check your estimated monthly EMI
- Understand the interest cost
- Compare different loan options
- Choose a repayment plan that suits your budget
Enter the loan amount, interest rate, and tenure in the calculator below to estimate your EMI.
Small Cash Loan on Aadhaar Card Without PAN Card
Loan applications have become simpler with digital KYC and online verification. A small cash loan on Aadhaar Card without PAN Card is meant to make the loan process easier and more accessible.
You can get a small cash loan using your Aadhaar Card Without PAN Card from select NBFCs and fintech apps for amounts typically under ₹50,000.
You can also check other Aadhaar Card loan options below:
| Check Other Aadhaar Loans | |
| 1000 Loan on Aadhaar Card | 5000 Loan on Aadhaar Card |
| 10000 Loan on Aadhaar Card | 20000 Loan on Aadhaar Card |
| 50000 Loan on Aadhaar Card |
How to Apply for Small Cash Loan on Aadhaar Card with Buddy Loan
Follow these steps to apply for a Small Cash Loan on Aadhaar Card with Buddy Loan:
- Step 1: Visit buddyloan.com or download and install the Buddy Loan app on Android or iOS.
- Step 2: Open the Personal Loan Application Page. Enter your mobile number and verify it using the OTP received.
- Step 3: Enter the loan amount you need and your personal email address. Then choose the Personal Loan option.
- Step 4: Select your employment type — Salaried, Self-Employed, or Student — and choose your salary mode as bank or cash.
- Step 5: Enter your work details, including company name, years of service, and designation.
- Step 6: Enter your personal details, including full name, PAN, address, date of birth, and gender.
- Step 7: Enter your communication address and income details, and click the Submit button.
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