A personal loan is a great way to manage a financial emergency. But can you get a Rs.10,000 loan on Aadhar card? Read ahead to find out.
Getting a loan using your Aadhar card is a fast and hassle-free process. The use of your Aadhar card also reduces the documentation requirement.
If you are searching for ‘10000 loan on Aadhar card’, you can find all about it here including the eligibility, process, and advantages.
If you checked all the pointers under the eligibility criteria, you must be wondering how to get a ‘10000 loan on aadhar card’. Follow these steps to get a Rs.10,000 loan -
STEP-1: Login to the lender’s app or website using your credentials, provide all your documents, and check your eligibility.
STEP-2: Verify your mobile number and complete your KYC using your Aadhar.
STEP-3: You might have to verify your salary using your bank account, or salary slips.
STEP-4: Depending on your credit-worthiness, you will be given an offer. Select the amount and tenure from the options available.
STEP-5: Once your documents are verified, your loan amount will be credited to your bank account within 24 hours, in most cases.
The eligibility criteria for personal loans on Aadhar card are simple for most loan providers. Take a look at them -
Age of applicant must be between 21 and 57
Applicant must have a satisfactory CIBIL score (above 650 at least)
Applicant’s minimum in-hand income should be directly credited to their bank account
These criteria may vary from one vendor to another. If you meet the eligibility criteria of the loan provider you approach, you can easily get a 10000 loan on Aadhar card.
There are many advantages of taking a 10000 loan on Aadhar card. Take a look at a few of them here -
Having an Aadhar card speeds up the process, as it can be easily verified
Lesser documents are required as the Aadhar card can act as both your identity and address proof
If you opt for a personal loan on your Aadhar card, it will be an unsecured loan which means you will not have to pledge any asset or collateral
If you opt for an instant loan on your Aadhar card, your loan amount will be disbursed within 24 hours or less, in most cases
The process of getting a Rs.10,000 loan on your Aadhar card is very simple and straightforward. You can take personal loans to build your credit score, fund your education, vacation, or to deal with any financial emergency.
There are many digital lending apps who give personal loans in minimum steps. You can apply for personal loans through Moneyview in just 4 simple steps by visiting our website or downloading the app.
The EMI on your loan will depend on your rate of interest and tenure.
For example, if you take a Rs.10,000 loan on a 16% rate of interest for a duration of 6 months, your EMI will be Rs.1,745.
Taking a loan using your Aadhar card is a fast and efficient process. Your loan can get sanctioned faster as the Aadhar card can be authenticated with ease. Thus, it is a good idea to take a loan using your Aadhar card.
You can use a personal loan for a variety of reasons. You can use it to fund a vacation, your education, for debt consolidation, to fund a medical or family emergency, etc.
Yes, you can easily get a 10000 loan on Aadhar card. You can check if you are eligible for a loan in just 2 minutes by visiting the Moneyview website.
Yes, you can easily get an instant loan on just your Aadhar card.
You can get a personal loan through Moneyview even if your credit score is as low as 650.
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