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How To Apply For Personal Loan Using Aadhar?

M Kanika
M Kanika
Aadhar Card
Aadhar Card

In today’s time, taking loans has become easier than ever before. And, if you also want to take a loan & you are eligible for the same, then you do not need much paperwork for this now. You only have to submit KYC documents to the bank, so that the bank gets all the details, & you can also apply for a personal loan through Aadhar Card 

Yes, you can apply for a personal loan with the help of an Aadhar card, for which you can apply online, while comfortably sitting at home. You just only have to fill up the application form & provide e-KYC documents and you don’t have to submit any hard copies of any of your documents.

How To Get Loan Using Aadhar?

  • To get a loan by using an Aadhar card, first, you have to log in yourself to your bank's mobile app or official website.

  • Here, you will get the option of a loan. In which you have to take the option of a personal loan & check the eligibility by clicking on it, then you have to click on “Apply now”.

  • By filing an application form, now you will have to fill in your details such as employment & other personal details.

  • After this, you will be getting a call from the bank, they will verify your details & eligibility and after the verification, your loan will be approved.

  • And, when the loan is passed, the loan will come to your account in the savings account.

Terms & Conditions

  • For taking a personal loan using Aadhar, you must be 23 years old.

  • You should have Indian Citizenship.

  • Also, you should have a job in public, private, or in a multinational company.

  • Your credit score must be correct.

  • And, you have to show your minimum income.

Note - People from the farming community or agriculture sector can also take benefit of such facilities. 

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