How to Apply for a Personal Loan on Aadhaar Card?

Do you know that you can get a personal loan up to INR 2 lakhs? And the only document you need is an Aadhaar Card. Many times we have been asked if they can get a 10000 loan on an Aadhaar Card? And, the answer is yes. In this article, we will explain to you how to get loan on Aadhaar card, also known as Aadhaar card loan. So stay with us till the very end and learn the entire process, eligibility criteria and more.

What is Aadhaar Card Loan?

Aadhaar card loan is a type of personal loan. The only document you need is your Aadhaar card. The reason is that the Aadhaar card is a valid and acceptable KYC document for both identity and address proof. You may be required to submit your PAN card as well. Many people look for a 10000 loan on an Aadhaar card. These small loans are usually approved quickly.

Benefits of Aadhaar Card Loan

The following are some of the great benefits of Aadhaar card loan:

• No need for physical documents.
• Fully online process.
• Quick approval.
• Instant disbursal in some cases.
• No collateral required.
• Easy to apply through InvestKraft or other Aadhaar card loan apps.

Eligibility for Aadhaar Loan

The following are the eligibility criteria for Aadhaar Loan:

• Age: 21 to 60 years
• Citizenship: Indian
• Aadhaar card linked to mobile number
• Regular source of income
• PAN card

Documents Required

The following are the documents required to get Aadhaar loan:

• Aadhaar Card
• PAN Card
• Bank statements or salary slips

Please note that some lenders provide 10000 loan on Aadhaar card without income proof, especially through Adhaar card loan apps.

How to Apply for Aadhaar Card Loan? With Example

Let us take an example of a person named Arjun. He wants a personal loan from InvestKraft, then he needs to follow the steps mentioned below to get Aadhaar card loan:

Step 1: Visit the personal loan page/app

You need to reach the official page of InvestKraft Personal Loans page

Step 2: Enter the details in the form on your right side

Step 3: Enter OTP

You need to enter the OTP received on your mobile number

Once done, you will land on further application pages, in which you can enter some more details, and that is it! Once the details are verified, you will get your loan in a very short period of time.

Top Aadhar Card Loan Apps in India

The following are some of the popular loan apps that can be used as Aadhar card loan apps:

• InvestKraft
• KreditBee
• MoneyTap
• Nira
• CASHe
• PaySense
• Dhani
• Navi
• EarlySalary

You can easily get options for small amounts like 10000 loan on Aadhar card.

PM Aadhar Card Loan - Is it Real?

If you, like many other people, are searching for PM Aadhar Card Loan, then beware! There is no official loan scheme called "PM Aadhar Card Loan" by the government. You can also check on the JanSamarth portal of the government, which is the official portal for all government-related credit schemes.

Aadhar Card Loan Without CIBIL

Yes, you can get a loan on Aadhar card without CIBIL. But here are some of the restrictions that apply to Aadhar loan:

• Small loans like 10000 loan on Aadhar card
• Offered by fintech platforms
• Usually come with higher interest rates as the risk for the lender is high.

Interest Rates and Charges

The interest rates vary by lender however, the following are the approximate ranges:

• 12% to 36% annually for small loans
• Processing fee: 1% to 4%
• Late payment charges: Applicable if the EMI is missed.

We recommend that you always read the terms and conditions before applying for personal loans.

Conclusion

Getting a personal loan on Aadhar card is fast and easy. Whether you need a 10000 loan on Aadhar card or a bigger amount up to INR 2 lakhs, many options are available. Use Aadhar card loan apps or fintech platforms like InvestKraft for a smooth and quick digital experience. Just check your eligibility, submit the correct documents, and choose the right lender. Avoid fake claims about PM Aadhar card loan and always verify the source.

Frequently Asked Questions

Can I really get a 10000 loan on an Aadhar card?

Yes. Many digital lenders offer small instant loans using an Aadhar card.

Do I need a PAN card too?

Yes, most lenders require PAN for verification.

How to get loan on aadhar card?

There are many apps and platforms available that can provide you with loans on Aadhar card. You can visit InvestKraft to get loans quickly

Can I get an Aadhar card se loan without income proof?

Some apps offer it based on alternative credit checks.

What is PM Aadhar card loan?

It is a commonly searched term, but no official scheme exists. Be cautious of fraud.

Author: Diwakar Kumar Singh

Diwakar Kumar Singh is an accomplished content creator with over 6 years of experience in crafting both long-form and short-form content. A gold medalist in MBA (Marketing) from IMT and a qualified petroleum engineer, Diwakar brings a results-driven mindset to his work. His passion for writing enables him to produce compelling and engaging content that resonates with diverse audiences.

 

LinkedIn: https://www.linkedin.com/in/dksinghone992

 

Diwakar Kumar Singh is an accomplished content creator with over 6 years of experience in crafting both long-form and short-form content.