Get A Rs. 10,000 Loan with Aadhaar Card in Minutes; Eligibility & Documents Required & How to Apply Online

Unexpected financial needs can come up anytime, be it a sudden medical bill, urgent home repairs, or even rent dues or any other financial crisis. In such cases, a small personal loan can offer big help. One such provision is now available where you can just use your Aadhaar card to avail small loans of Rs. 10,000 instantly without much hassle. Here's everything about it.

What is an Aadhaar Card Loan?

A loan on Aadhaar card is a type of unsecured personal loan offered by banks and NBFCs. Since it doesn't require any collateral, it's a very convenient option for salaried or self-employed individuals in need of emergency funds. These Aadhaar card loans can be disbursed quickly, often within 2 to 3 working days, all thanks to simplified KYC processes enabled by Aadhaar.

What Are the Benefits of Aadhaar-Based Loans?

One of the major benefits of Aadhaar-based loans is the instant approval & disbursal through online verification. Minimal paperwork Aadhaar acts as a single proof for identity, address, and age. No collateral required is completely unsecured. Available via mobile apps or official websites

Eligibility Criteria for Rs. 10,000 Loan On Aadhaar Card

To qualify for an Aadhaar-based loan, you must meet some basic conditions. The minimum age limit to avail Aadhaar is 21 years, and the maximum is up to 65. To avail the Aadhaar card, monthly income should be at least Rs. 25,000. Your credit score should also be 750 or higher in such a case. A stable residence is also important to avail an Aadhaar card loan.

What are the Documents Required?

In order to apply for a loan on Aadhar card, you need basic infinity certificates. The list of documents can vary slightly depending on the lender, so always check the bank's or NBFC's specific requirements. Below are documents that you will need to apply for the loan.

• Aadhaar Card
• PAN Card
• If PAN is not available, alternatives may include voter ID, passport, driving licence, or salary slips.
• Bank account details

How to Apply for a Loan of Rs. 10,000 on Aadhaar Card Online?

Applying for an loan on Aadhaar card is very quick and hassle-free. Here's a step-by-step guide on how to do it:

Step 1: Visit the lender's website or download their mobile app.
Step 2: Fill in the personal loan application form.
Step 3: Enter your Aadhaar number and other basic details.
Step 4: Complete e-KYC using your Aadhaar-linked mobile number.
Step 5: Submit the form for verification.
Step 6: If eligible, the loan amount is credited to your bank account within 2-3 days.

Additionally, if your Aadhaar card is already linked to your PAN and bank account, no further documentation may be needed.

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