Hey kiddo, did you know that nowadays, when people need to borrow money from a bank or a company, they can also use their Aadhar card? With just their Aadhar card, people can borrow up to Rs 1 lakh! But there are certain requirements that the person needs to meet in order to be eligible for the loan. If someone wants to borrow money, they can read the article we have for all the information on how to apply and what they need to do.
Name of service:- | How to take loan from Aadhar Card |
Post Date:- | 21-07-2023 |
Apply Process:- | online |
Benefits:- | You can get a loan up to Rs 1 lakh. |
Short Information:- | Today we will talk about how to take loan from Aadhar Card.ย For this the applicant will have to apply online.ย What is its process?ย What documents will be required for that?ย Today we will know such complete information in this article.ย For this, read this article till the end. |
How to take a loan from Aadhar Card
To borrow money using Aadhar card, you need to go to the special website for Aadhar House. Then, you have to fill in all the information they ask for by applying online. We will give you all the instructions and help you need to apply for the loan.
What should you remember when borrowing money using your Aadhaar card?
- Aadhar card.
- Tcapable of repaying the loan.
- have Aadhar card and PAN card.
- should not have taken any other loan
Types of Aadhar Card Loan
People can borrow money for different things like buying a bike, a home, or for personal reasons using their Aadhar card.
- home loan
- car loan
- personal loan
- business loan
- education loan
Documents required for Aadhar Card Loan
- mobile number
- aadhar card
- PAN card
- email id
Benefits of taking Aadhar Card Loan?
Getting a loan using Aadhaar card will be easier because you can apply for it on your phone. You wonโt have to visit loan agents or do any paperwork. You can borrow up to Rs 1 lakh using your Aadhaar card.
Application process for taking loan through Aadhar Card
- To borrow money using Aadhar card, the person needs to go to the official website called Aadharhousing.
- Then, they have to click on a button that says โApply For Loanโ on the main page.
- Now a new page will appear for you. It will have a form for you to fill out with your information.
- Make sure to fill in all the details correctly. After you are done, click on the submit button. This is how you can easily apply for a loan.
How long does it take for the loan to be approved after submitting the Aadhar Card?
If someone wants to borrow money and uses their Aadhar card to apply, they will receive a phone call from the company that gives out loans within 10 to 15 days. If everything is okay and all the personโs documents are checked and approved, then the money will be sent to their bank account.
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