Top Features and Benefits of Loan on an Aadhaar Card
Flexible Loan Amount
Moneyview offers personal loans of up to Rs.10 Lakh through their lending partners based on your requirements
Quick Eligibility Check
Find out your eligibility on the Moneyview website in just 2 minutes
Collateral Free Loans
Personal loans through Moneyview are unsecured and do not require any assets or guarantors
Affordable Interest Rates
Through the Moneyview digital lending app, you can get loans at interest rates starting from 14% per annum
Don’t let the shortage of funds stop you from fulfilling your dreams. You can get an instant personal loan through the Moneyview digital lending app using your Aadhaar card.
Aadhaar Card Loan Eligibility Criteria
Borrowers must fulfill the following basic criteria required to avail of a loan on an Aadhaar Card -
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Should be aged between 21 and 57 years
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Should have a monthly in-hand income of Rs.25,000
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Income must be credited directly to their bank account
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CIBIL score should be 650 or more
Interest Rates and Other Charges for Aadhaar Card Loan
Through Moneyview, you can get an instant loan with your Aadhaar Card or PAN card at affordable interest rates with no hidden charges. Other applicable charges are given below -
| Fees and Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starts from 14% per annum |
| Loan Processing Charges | Starts from 2% of your loan amount and is decided by our digital lending partners. The processing fee is deducted upfront from the approved loan. |
| Penal Charges on Overdue EMI | 24% per annum plus applicable taxes, if any |
| NACH Bounce | Rs.500/- each time. |
| Loan Cancellation | You can cancel your loan anytime before the disbursal. However, after disbursal, you can cancel your loan within the cool-off period of 3 days from the date of disbursement. |
Documents Required for Aadhaar Card Loan
The documentation process for getting a personal loan from Moneyview’s lending partners is very simple. All you have to do is -
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Confirm or enter your PAN number
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Ensure that your mobile number is linked to your Aadhaar card for KYC verification
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Provide a clear selfie taken in a well-lit area
Please note that the documentation requirements will vary based on your profile. You may be required to upload proof of address, bank statement, and other supporting documents.
In case you are required to upload proof of address, any one of the following documents will suffice -
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Aadhar Card
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Valid Indian Passport
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Valid Voter ID
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Valid Driver’s License
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Utility Bills (Electricity, Water, Gas) dated within the last 60 days
If you are required to upload proof of income, you must furnish your bank statement for the last three months. This statement must also show your salary credits.
Importance of an Aadhaar Card While Applying for a Personal Loan
The Aadhaar card is a unique identity document issued by the Government of India. Here is why the Aadhaar card plays an important role in the loan application process -
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Speeds up the process as one document suffices for both identity and address proof
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Links your financial and demographic information
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Helps in faster background checks and authenticating your details
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Once integrated with online loan platforms, it speeds up the e-KYC process
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Reduces the need for too many documents
How to Apply for an Instant Personal Loan on Aadhaar Card
Check Eligibility
Provide a few basic details to check your eligibility in just 2 minutes!
Select Loan Tenure
Choose your loan amount & repayment tenure from the options provided
Upload Documents
Upload the required documents online effortlessly
Amount Disbursed
Once your documents are verified and you submit the loan agreement, the funds will be credited to your bank account within 24 hours
Conclusion
Aadhaar card loan is easy to avail and offers various benefits to borrowers. An Aadhaar card loan is a personal loan that uses an Aadhaar card as a paperless e-KYC document.
As the Aadhaar card meets your eligibility requirements for biometric verification, the process of obtaining a personal loan becomes far simpler and quicker.
Aadhar Card Loan - FAQs
Yes, you can avail of an instant personal loan through Moneyview by providing your Aadhaar card or PAN card as documentation. The interest rates offered by our partner lenders are affordable and once approved, the loan is disbursed within 24 hours, in most cases.
- Applicants must be between 21 and 57 years of age
- Applicants must earn a minimum monthly in-hand income of Rs.25,000
- Income must be directly credited to the applicant’s bank account
- Applicants must have a minimum CIBIL score of 650
Your Aadhaar card is one of the primary documents required to avail of an instant personal loan through the Moneyview digital lending app. However, in addition to your Aadhaar card, you will also need to show your income proof.
If you are looking for an ‘Aadhaar card loan’, you can easily get it from the Moneyview digital lending app. Loans from Rs.5,000 to Rs.10 Lakh are offered, sanctioned, and serviced with minimum documentation through Moneyview. All you need to do is fulfill our lending partners’ eligibility criteria and provide the necessary documents including your Aadhaar card.
Through the Moneyview app, you can get loans at a CIBIL score of 650 and above.
If your search for a 50,000 loan on an Aadhaar card has led you here, you are in the right place. Through the Moneyview digital lending app, you can get a loan of Rs. 50,000 with your Aadhar card.
To avail of a personal loan from partner lenders on the Moneyview digital lending app, you will need to show your employment details for the previous 3 months. But if you are searching for a ‘10,000 loan on Aadhaar card’ and you are not employed at the moment, don’t worry. Any employed family member or a friend can take a personal loan on your behalf.
Based on your CIBIL score and eligibility, you can get up to Rs.10 Lakh as a loan via the Moneyview digital lending app.
Online digital lenders, such as Moneyview, offer loans of Rs.20,000 and more to eligible applicants. However, Moneyview’s partner lenders generally don’t ask for your Aadhaar card.
We just need your PAN card and a mobile number linked to your Aadhaar card to process your application.
Personal Loan Related Links
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