How to Get Personal Loans on an Aadhar Card?

 

Get Personal Loans on an Aadhar Card

A financial crunch is one of those emergencies that can hit you from nowhere. In such a scenario, a personal loan is a great option to solve all your problems. Traditionally, you need to submit various documents including address proof, birth certificate, proof of identity, and many more to get the loan approvals. In 2010, the Indian government launched Aadhar Card so that people can enjoy better services and benefits. And availing of a personal loan is one of them. This card can be useful when you are in urgent need of funds. Looking for an instant personal loan on an Aadhar card? Read on!

Apply for Quick Personal Loan Online Using an Aadhar Card

There was a time when we had to submit lots of documents to get an approved personal loan. However, Aadhar Card has made the process much more convenient for all loan applicants. While applying online, use the card number as the KYC document. Thvis ital card defines all the proof details including identity, address, citizenship, and birth.

Impact of Aadhar Card on Personal Loan

Gone are those days when people had to wait in a long queue to get their loan applications approved. Now with KYC, customers can easily enjoy the benefit of getting a loan. Buddy Loan supports e-KYC documentation for faster online loan verification. An Aadhar card is a mandatory document that is linked with your current/savings account and deposit accounts and this makes it easier for you to avail of a personal loan. Below are some other factors that you need to have besides holding an Aadhar card -

●     A good credit score

●     For a salaried person, all the proof of income

●     A self-employed person is more likely to show income with investments

Aadhaar is one card access for all your loan services. Now you can apply for quick personal loans through the Buddy Loan app at a low interest rate, 11.99% pa. The minimum amount that you can borrow is Rs.10000 and the maximum loan amount can go up to 5 Lakhs.  There is no need for collateral and quick approval can be a game changer for your life.

There is no doubt that an Aadhar card makes your life easier when it comes to emergencies and you need instant funds. It eliminates the hassle of physical documentation and assures a quick approval too. And also using this card is completely safe and secure. Why wait? Apply now online!

Location: India

Comments

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