Aadhar Card Loan: How to Apply Personal Loan on Aadhaar

How to Take a Personal Loan on Aadhar Card?

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 and PAN card with select lenders and forego the hassles of lengthy paperwork.

Why to Avail of an Instant Loan on Aadhar Card & PAN Card?

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.

Application Process for a Personal Loan on Aadhar Card & PAN Card

Apply for a personal loan on Aadhar card and PAN card in just a few minutes with your selected lender in the following few steps :

Step 1 – Visit the official website of your lender
Step 2 – Navigate to the personal loan page and select the ‘Apply Online’ option
Step 3 – Fill in the online application form with your personal, professional and employment details
Step 4 – Next, your lender’s representative will get in touch with you for background verification
Step 5 - Submit your Aadhaar card and other documents to complete the application process

Once the verification is complete, your application for a personal loan on Aadhar card will be approved shortly.

The emergency loan on Aadhar card offered by Bajaj Finserv is suitable to finance urgent funding needs as it comes with a high loan value and flexible repayment terms.

Eligibility Criteria for Aadhar Card loan

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.

Be aged between 23 and 55 years.
Hold a credit score of not less than 750.
Must be a residing Indian citizen.
Be employed with a public sector/a private sector company or an MNC.

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 –

Medical emergencies
Child’s higher education
Marriage expenses
Consolidation of debt
Renovation of house
Travel

Features and Benefits of an Instant Loan on Aadhar Card

Following features of a Bajaj Finserv Personal Loan on Aadhar card make it a suitable funding option for borrowers.

High loan value of up to Rs.25 lakh
Flexible repayment tenor of up to 60 months
Instant personal loan with quick approval and disbursal
100% transparency

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.

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