Eligible applicants have to mandatorily submit a set of documents when availing a personal loan. However, one can also apply for a personal loan on Aadhaar card with select lenders and forego the hassles of lengthy paperwork.
Every lender asks to know your customer (KYC) documents from loan applicants, as mandated by the Government. An online Aadhaar card loan lets a borrower complete paperless documentation via e-KYC submission. Lenders can verify the borrower’s identity with UIDAI Aadhaar biometrics henceforth.
As a result, applicants do not need to physically submit all the required documents while availing of an Aadhar loan. Only the income proof details are to be submitted.
Apply for a personal loan on Aadhar card in just a few minutes with your selected lender in the following few steps –Step 1 – Visit the official website of your lender
To improve your chances of loan approval, fulfil all eligibility criteria before applying. The requirements for a personal loan on Aadhaar card are the same as a traditional personal loan.
Below is a checklist of common eligibility criteria for personal loan you must fulfil to apply for the advance with Bajaj Finserv.
Applicants must also fulfil the minimum monthly income requirement based on their city of residence. The minimum income starts from Rs.25,000 per month for cities such as Baroda, Lucknow, Bhubaneswar, and Bhopal and extends up to Rs.35,000 per month for cities such as Bangalore, Mumbai, and Delhi.
Avail of the personal loan against Aadhar card to fulfil diverse funding needs such as –
Following features of a Bajaj Finserv Personal Loan on Aadhar card make it a suitable funding option for borrowers.
Existing customers can also avail of pre-approved offers from Bajaj Finserv. These offers make getting loans easy and less time-consuming. They can access the offer details only with their name and contact number.
Apply for a Personal Loan on Aadhar card at competitive interest rates and make repayments affordable. With minimum eligibility requirements and a simple personal loan application process, new applicants can receive swift approval on their personal loan within a few minutes from Bajaj Finserv.