Are you in urgent need of money but not getting help from anywhere? Then this report is just for you. If you have an Aadhaar card, there is no need to worry. You can get a personal loan of up to ₹2,50,000 from home using your Aadhaar card. Surprised? But it’s true.
Get a Loan Through Aadhaar Card
Earlier, getting a loan from a bank required many documents and guarantees. However, Aadhaar card has made the process much easier. This is especially helpful for people living in small towns and villages who may not have many documents or cannot visit a bank branch. Now, they can apply for a loan in just a few minutes through a digital platform.
Instant Personal Loans with Aadhaar Card
Many leading fintech companies like KreditBee, MoneyTap, CASHe, and Navi, in collaboration with NBFCs, are providing instant personal loans based only on your Aadhaar and PAN card. These companies complete the entire process through a mobile app or website, which takes just a few minutes, and the loan amount is transferred directly to your bank account.
Eligibility and Process
To avail of this facility, you need to be between 21 and 60 years old and have a permanent source of income, such as a job, business, or freelancing. The only required documents are your Aadhaar card, PAN card, and a valid mobile number linked to your Aadhaar. After this, you can apply for the loan by logging into the fintech app and completing your KYC process.
Loan Amount: Rs 5,000 to Rs 2,50,000
With this instant loan scheme, you can get a loan amount ranging from Rs 5,000 to Rs 2.5 lakh. The interest rate depends on the company’s policy and usually ranges from 10% to 30%. The repayment period also ranges from 3 months to 24 months, giving you flexibility in paying back the instalments. However, it’s important to check the digital loan platform’s validity before applying. Make sure to carefully read the interest rates, processing fees, late payment charges, and other terms and conditions to avoid any financial problems later. It is also essential to repay the loan on time to maintain a good credit score.
Also Read
Govt Loan Scheme: Get ₹5 Lakh Without Interest or Guarantee, Camps Started from May 7
Need Quick Cash? Find Out How Much Gold Loan You Can Get on 5 Grams of Gold
Get a Home Loan at 8.10% Interest Rate, Affordable Option from 3 Government Banks
Dailynews24 App :
Read the latest News of Country, Education, Entertainment, Business Updates, Religion, Cricket, Horoscope Here. Read Daily Breaking News in English and Short Video News Covers.
