Getting a personal loan is now easier than ever, thanks to Aadhaar-based verification. You no longer need to gather piles of documents or make multiple trips to the bank. With just your Aadhaar card, you can apply for a quick personal loan online, enjoy fast approval, and get the money you need in your account within days.
What is an Aadhaar Card Loan?
An Aadhaar card loan is a type of personal loan where your Aadhaar card serves as the main proof of identity, address, and age. This streamlines the process, making it simple and fast. These loans are unsecured, meaning you don’t need to provide any collateral. The entire application can be completed online, often through a mobile app or website.
Key Benefits
- Instant approval: Get a decision in minutes with online verification.
- Quick disbursal: Funds are usually transferred within 2-3 days.
- Minimal paperwork: Only basic documents are required.
- No collateral: These loans are completely unsecured.
Who Can Apply?
Eligibility criteria may vary, but generally include:
- Age: 21-55 years (sometimes 18-60 years)
- Monthly income: ₹12,000 or more
- Credit score: 650-700 or above
- Employment: Salaried or self-employed with at least one year of work experience
How to Apply for a ₹10,000 Aadhaar Card Loan
- Choose a lender: Find a reputable lender offering small personal loans with Aadhaar-based verification.
- Apply online: Visit the lender’s website or download their app.
- Fill out the form: Enter your personal and professional details, including your Aadhaar number.
- Upload documents: Complete KYC by uploading your Aadhaar card and any other required documents.
- Submit your application: Review and send your application for processing.
If you meet the criteria, your loan amount will be credited to your bank account, often within a couple of days.
Documents Needed
- Aadhaar card (for identity and address)
- PAN card (sometimes required)
- Salary slip (sometimes required)
- Bank account details
Aadhaar-based personal loans are a fast and convenient way to get the funds you need. With minimal paperwork and a simple online process, you can handle emergencies or urgent expenses without hassle. Just make sure you meet the eligibility requirements and have your documents ready for a smooth application experience.
