Aadhar Card Personal Loan Apply
Hello friends, I welcome you all in today’s article. Friends, we will inform you how to take loan using Aadhar card. Friends, everyone needs more money immediately at some point of time. In such a situation, Aadhar card can prove to be very helpful in fulfilling the money need. With the help of Aadhar card, you can get instant loan of upto Rs 5 lakh without mortgaging anything. You will not need to submit many documents to take a loan and you will get the loan easily.
If you also need money immediately, then in today’s article we will tell you all the details about it so that you can easily take a loan from your Aadhar card and avail its benefits. But for this you will have to read this article till the end.
Facility to take loan through Aadhar card
Today every person in India has an Aadhar card. From getting a SIM card for a phone to opening a bank account and getting a check-up done by a doctor, Aadhar card is required everywhere. Most of these works are not possible without Aadhar card but to take a loan through Aadhar card, you should also have a PAN card, only then the government will give you the loan. You can get this loan very easily sitting at home. Aadhar card can prove to be a big document for a loan. You can start your work by taking a loan through Aadhar card and can repay the loan by making arrangements.
Interest rate on loan through Aadhar card
This is a secured loan in which you do not need to keep any asset as collateral nor do you need any guarantor. Hence the interest rate of this loan is slightly higher than other loan rates. The interest rate can be different in different banks/financial institutions. In this the interest rate generally ranges from 14% to 19% per annum. However the interest rate also depends on the applicant’s CIBIL score, status of the loan, loan amount, loan tenure and ability to repay the loan amount.
Eligibility conditions for taking loan through Aadhar card
- The applicant taking loan using Aadhar card should be a citizen of India and his age should be between 21 years to 60 years.
- The Aadhar card of the person taking the loan should be active and it should also be linked to the mobile number and bank account.
- The CIBIL score of the applicant taking loan through Aadhar card should be 750 or more and the monthly salary of the applicant should be Rs 15 thousand or more.
- The applicant should not be declared a defaulter by any bank and the applicant should have a stable source of income.
How to take loan through Aadhar card?
- You will have to go to the official website of the bank from which you want to take a loan.
- You will have to open the Personal loan section on the home page of the official website and click on the apply option.
- After that a form will open here in which you will have to enter the important information like your name, email id, date of birth, Aadhar card, income, mobile number correctly.
- After entering all the information, the related documents will have to be uploaded and after that you will have to click on the submit option.
- Now you have to choose the loan amount and duration and after that click on submit option. The bank/financial institution will verify your application and documents.
- If you apply for a loan, you will get the approval and you will receive the message on your mobile phone.
- However, if you are not eligible then your loan application will be rejected.
conclusion –
Friends, in today’s article I have given you information about how to take loan using Aadhar card. I have told you about its online application process in detail so that you can easily take loan using Aadhar card online while sitting at home and can also avail its benefits. Friends, if you all liked today’s article then please share this article.