Apply for Personal Loan on Aadhaar Card: f you are facing financial difficulties and need instant cash, you can now get a personal loan up to ₹50,000 using your Aadhar Card. This article will guide you step-by-step on how to apply for an Aadhar Card Loan, the eligibility criteria, interest rates, required documents, and how to apply online.
Overview of Aadhar Card Loan Scheme
| Scheme Name | Aadhar Card Loan Scheme |
|---|---|
| Type of Article | Government Loan Scheme |
| Financial Assistance | Up to ₹50,000 |
| Application Mode | Online |
| Applicable For | Salaried and self-employed persons |
Eligibility Criteria for Aadhar Card Loan
To apply for an Aadhar card-based loan, you must meet the following conditions:
- Age should be between 21 to 60 years
- Minimum CIBIL Score of 750
- Minimum monthly income should be ₹15,000
- Aadhar card must be linked with mobile number
- Applicant must not be a loan defaulter
Interest Rates on Aadhar Card Loan
- Interest rates range from 10.50% to 14% annually.
- The actual rate may vary depending on the bank or financial institution.
Documents Required for Aadhar Card Loan
Here’s a list of documents needed to apply:
- Aadhar Card (Linked with Mobile Number)
- PAN Card / Driving License / Voter ID
- Passport-size Photograph
- Bank Account Passbook
- Latest Salary Slip
- Form 16 (if applicable)
- Registered Mobile Number
Popular Banks & Companies Offering Aadhar Card Loans
Below are some popular platforms offering up to ₹50,000 loan with minimal documentation:
- BuddyLoan
- Kotak Mahindra Bank
- Tata Capital
- InstaMoney
- MoneyView
- Navi
How to Apply for Aadhar Card Loan Online (Step-by-Step Guide)
Via Mobile App
- Open Google Play Store
- Download “Branch Personal Loan” App
- Open the app and verify using mobile OTP
- Select “Personal Loan” option
- Fill in your personal and financial details
- Select your bank and complete bank verification
- Upload a selfie and required documents
- Review all information and click “Submit”
- Application will be reviewed and loan amount credited upon approval
Via Official Website
- Choose the bank/loan provider from the list above
- Visit their official website
- Click on “Aadhar Card Loan / Personal Loan” option
- Fill out the application form with:
- Mobile number
- Date of birth
- Aadhar card number
- PAN card number
- Enter your desired loan amount and tenure
- Upload your documents
- The bank/loan company will verify your eligibility
- On successful verification, the loan will be approved and disbursed
- If not eligible, the application may be rejected
Direct Links to Apply for Aadhar Card Loan
Click on the preferred provider to go directly to their loan application page:
Conclusion
With just your Aadhar card and minimal paperwork, you can easily apply for a ₹50,000 personal loan online from the comfort of your home. This is an ideal solution for urgent financial needs, and the process is quick, secure, and completely digital.