How to get money from Aadhaar Card : Do you need a loan of ₹10,000, that too without any tension and paperwork? Aadhaar card-based personal loans can be a perfect solution for you! With instant approval and minimum documentation, these loans are best for those people who have stable income and good credit history. You will find everything here that you need to know to take a loan.
What are Aadhaar Card Loans?
Aadhaar card loans are a type of personal loan in which Aadhaar card is used as the primary document. There is no need for much paperwork for these loans and the process is super fast. Banks, NBFCs and fintech platforms offer these loans with simple eligibility criteria.
Benefits of Aadhaar Card Loans
1. Quick Approval: Aadhaar card simplifies the KYC process and funds are disbursed quickly.
2. Minimal Documentation: Aadhaar serves as a single document for identity and address proof.
3. Wide Accessibility: Available for salaried, self-employed and those with limited credit history.
4. Convenience: Online application option is available, which saves time and provides funds quickly.
Eligibility Criteria for ₹10,000 Loan
Every lender has its own criteria, but the general requirements are:
• Age: Should be between 21 and 60 years.
• Income: Stable income is a must; some lenders demand ₹15,000 monthly salary.
• Bank Account: Must have an active bank account.
• Credit History: A good credit score increases approval chances. Some lenders are flexible for lower scores.
How to take ₹10,000 loan with Aadhaar card?
1. Choose a lender: Compare interest rates, fees and repayment options.
2. Check eligibility: Understand the criteria and narrow down the options.
3. Prepare the documents: Apart from Aadhaar, PAN card and income proof (salary slips/ITRs) may be required.
4. Submit the application: Apply on the lender’s app or website or go to the branch and submit the documents.
5. Complete KYC: Aadhaar-based e-verification has to be done, mobile number should be linked to Aadhaar for OTP.
6. Approval and disbursement: After approval, the money will be directly transferred to your bank account.
Keep these things in mind before applying
• Credit Score: Timely repayment will improve the credit score, but late payment can cause loss.
• Interest Rates: Choose the best rate according to your budget.
• Fees and Charges: Be careful of hidden charges so that you don’t get surprises at the time of repayment.
Conclusion
Taking a loan of ₹10,000 from Aadhaar card is an easy and fast solution for financial emergencies. But, the interest rates of personal loans are high, so it is important to make a repayment plan. Timely repayment will improve your credit score and you will get better rates for future loans.
Transform Aadhaar card into a powerful financial tool and fulfill your urgent money needs today itself! 🚀
