How to Get Rs.5000 Loan on Aadhar Card

Do you need a Rs. 5000 loan urgently but not sure how to get it? We have some good news for you. You can now get an instant Rs. 5000 personal loan with just your Aadhaar card very easily.

Personal Loan on Aadhaar Card

Generally, banks provide personal loans of a higher amount and at a rate of interest that is quite high. But what if you need an emergency loan of 5000 rupees? The answer is to opt for online personal loans from lenders such as Money View who can disburse loans within 24 hours of application approval. And all you need is your Aadhaar card, PAN card, and income proof for KYC approval.

How to Apply for An Instant 5000 Rupees Loan?

If you have decided to apply for a personal loan amount of Rs. 5000 from Money View, then all you need to do is follow the four steps given below-

  • Eligibility Check
    Visit the Money View website or download the Money View app and complete the eligibility check which takes only 2 minutes
  • Loan Amount and Repayment Schedule
    After the previous step is completed, you will find out the loan amount you can avail which can range from Rs. 5000 to Rs. 5 lakh based on your eligibility. Additionally, you can also choose a flexible loan repayment tenure which can last up to 60 months
  • Documentation
    Once the above has been completed, you will have to provide your documents such as ID proof, address proof, and income proof. Your Aadhaar card is a great example of both ID and address proof. All documents will have to be submitted online making the whole process easy and convenient
  • Verification and Disbursal
    That’s it! Your application will then be verified and after approval, the loan amount will be disbursed to your account within 24 hours. Availing an emergency 5000 rupees loan is now possible thanks to online lenders such as Money View. The entire process from application to disbursement is online, safe, and secure. The interface of the website as well as the app is designed to provide customers with a quick and hassle-free experience.

Eligibility criteria for Money View Personal Loans

In order to avail an instant Rs. 5000 loan from Money View, you will have to meet the following eligibility criteria -

  • Applicant must be salaried
  • Applicant must receive a monthly income of Rs. 13,500 that is directly credited to his/her bank account
  • Individuals must be between the ages of 21 years and 57 years
  • Individuals must have a minimum CIBIL score of 600 and an Experian score of 650

Now that you have found out how to avail a Rs. 5000 loan on an Aadhaar card or even a higher loan amount through Money View, apply today without delay.

Frequently Asked Questions (FAQ)

  1. What is the minimum credit score requirement for Money View personal loans?Money View uses a unique algorithm to assess an individual’s creditworthiness. Therefore, applicants must have a CIBIL score of 600 or an Experian score of 650.
  2. I need a 5000 rupees loan urgently. What documents do I need for this loan from Money View? In order to get a personal loan from Money View, the following documents will have to be submitted -
    Proof Category Documents
    ID Proof (Any one of the following)
    • Aadhaar Card
    • Valid Indian Passport
    • PAN Card
    • Valid Driver's License
    • Voter ID
    ID Proof (Any one of the following)
    • Aadhaar Card
    • Ration Card
    • Bank Passbook/ Statement – Should be generated within the last 60 days
    • Valid Driver's License
    • Utility Bill – (Gas Bill/ Telephone Bill/ Electricity Bill/ Water Bill) – Should be generated within the last 60 days
    • Valid Indian Passport
    • Voter ID
    Income Proof (for salaried) Last 3 months’ bank statement (in PDF format)
  3. What are the fees and charges applicable for Rs. 5000 personal loans from Money View?The fees and charges applicable for Money View personal loans are as follows -
    Fees & Charges Amount
    Interest Rate Starts at 1.33% per month
    Loan Processing Charges Starts at 2% and up to 8% of the approved loan amount
    Loan Foreclosure

    Part payments are not allowed

    Complete prepayment or foreclosure is allowed after 3 EMIs

    Interest on EMIs that are overdue 2% per month on the EMI loan amount that is overdue
    Cheque Bounce Rs 500 for every cheque bounce
    Loan Cancellation

    Additional charges will not be levied apart from the interest for the period in between loan disbursement and loan cancellation

    Processing fees will be retained

  4. Is it safe to share my KYC documents with Money View? As per the RBI mandate, KYC documents are necessary to avail of a loan. Additionally, Money View’s security is designed to be in line with the best banks and financial institutions in the country. Our 256-bit data encryption for data management guarantees the security of your data. Therefore, it is completely safe to share your KYC documents with Money View.