Today, through this article, we are going to tell you about Aadhar Card Loan 50000 Online Application. Through this, you will be able to apply for a loan immediately from the Aadhaar card sitting at home.
Some financial institutions, NBFCs etc. are also offering the facility of taking loans with an Aadhaar card. Aadhaar card loan is a type of personal loan for which a person does not have any fixed source of income. Any person can apply for Aadhaar card loan.
In this article, you will get all the information related to Aadhar Card Loan, so aadhaar card holders read this article, completely.
Aadhar Card Loan 2024 Overview
All Aadhar Card holders are eligible for this loan but beyond this, you must meet all the requirements which you have needed for an Aadhar Card Loan which we have discussed below in the article.
| Topic | Aadhar card Loan |
| Total Amount of Loan | 50,000 |
| Based on | Aadhar Card |
| Loan Providers | NBFCs |
| Loan Type | Personal |
| Interest Rate | 10.50% to 16%. |
Aadhar Loan 2024 Interest Rate
The interest rate on loans given by Aadhaar card is usually 10.50% to 16%. This interest rate is determined according to the profile of the person applying for an Aadhaar card loan. The following things are calculated in determining the interest rate for the loan applicant individual.
| CIBIL Score of the applicant person | Credit score |
| To take a loan, the minimum CIBIL score is required to be 700 or more. | Credit score is calculated on the basis of money transactions in the person’s bank account during the monthly period. |
Documents Required for Aadhar Card Loan
If you want to get Aadhar Card Loan following are requirements which you have needed for it:
- To take a loan from an Aadhaar card, you only need to have your Aadhaar card, photo, email ID and mobile number.
- Along with this, you should have a bank account in the bank from which you want to take a loan, which is at least 6 months old.
- There is less chance of getting an Aadhaar loan or personal loan on a new bank account.
Some financial institutions are providing the facility of taking loans at the same time by creating a new account from their mobile app. You can also get an Aadhaar card loan from there by checking the veracity of the app. To get a loan from Aadhaar card, you can see the interest rate list of various mobile apps from here.
Aadhar Card Loan Online Apply Process
- Candidates, you must visit the official website of Bank from which you want to take a loan Aadhaar card in your mobile or computer.
- Now login here with your Net Banking ID password.
- After Login Completely now you have to click on the option Apply For Aadhaar Loan in the Personal Loan section.
- Now select the amount required for the loan.
- To calculate the interest rate, first select the time period for which the loan is required.
- After this, the monthly EMI will be displayed in front of you.
- After calculating your CIBIL score, the interest rate charged for you will be calculated.
- Now enter your information and calculate the CIBIL score with the help of PAN card.
- Finally, the bank will show you the exact interest rate.
- Enter your application for a loan with the submit button below.
- After this, the loan money will be sent to your bank account after a prescribed step-by-step process by the bank.
