New Delhi, January 21, 2025 (Punjab Khabarnama Bureau): If you need immediate cash, a personal loan is a great option. With flexible repayment options and quick loan disbursement, these loans have become quite popular. These are unsecured loans, so you can easily apply without the need to pledge any assets. If you need ₹10,000 and want to take a loan, you can easily obtain it on your Aadhaar card.
Aadhaar card-based loans are personal loans. In this case, the Aadhaar card is used as the primary document. It saves time on paperwork. Small loans are offered by various lenders such as banks, NBFCs, and fintech platforms.
Main Benefits of Aadhaar Card-Based Loans:
- Fast Process: With an Aadhaar card, the KYC process becomes much quicker, so the loan is approved faster.
- Minimal Documentation: Aadhaar card-based loans are different from regular loans because you don’t need to submit documents like income proof or address proof. The Aadhaar card itself serves as proof of your identity and address.
- Accessibility: Salaried employees, self-employed individuals, or those with limited credit history can access Aadhaar-based loans.
- Convenience: You can apply for this loan online.
Eligibility Criteria for a ₹10,000 Loan on Aadhaar Card:
While each lender has its own eligibility criteria, there are some common standards that most lenders consider important for your application:
- Age: You should be between 21 and 60 years old.
- Income: You should have a stable income source. Salaried employees or self-employed individuals can apply for this loan. Generally, for a ₹10,000 loan, some lenders require a minimum salary of ₹15,000.
- Bank Account: You should have an active bank account where the loan amount will be disbursed.
- Credit History: A good credit history increases the chances of your loan being approved. However, some lenders may approve the loan even with a low credit score.
Precautions:
- Only choose reliable platforms.
- Carefully understand the interest rates and terms.
- Try to repay the loan on time to avoid damaging your credit score.
Summary: Learn how to secure an instant loan of up to ₹10,000 using just your Aadhaar card, with a simple and fast application process.