Aadhar Card Loan – Are you in need of financial assistance and do not want to go through the hassle of lengthy documentation and processing time? If yes, then you are at the right place. One of the most important documents for Indian citizens, Aadhaar card can now get you a loan of up to ₹300000. Yes, you read that right! In this article, we will tell you how to get loan through Aadhar card verification from the comfort of your home.
Aadhar Card Loan
Understanding Aadhaar Card and its benefits
Aadhaar card is a unique identification document containing a 12 digit unique identification number issued by the Unique Identification Authority of India (UIDAI). The best thing about Aadhaar card is that there is no age limit to get it. Any Indian citizen can make Aadhaar card. In contrast, you must be at least 18 years of age to make a voter ID card, driving license or PAN card.
Get a loan easily from home
Earlier, there was a lot of paperwork and visits to banks to get a loan. But with the advancement of technology, it is now possible to apply for a loan using your mobile phone from the comfort of your home. Using the Paytm application, you can easily get loans from ₹10000 to ₹300000 with just a few clicks.
How To Get Loan Using Aadhar Card Verification
If you are wondering how to get loan using Aadhar card verification, then Paytm is the solution. While there are many other apps on the Play Store that provide loans after Aadhaar card verification, Paytm is one of the most reliable and efficient platforms. Follow the steps given below to avail loan from Paytm:
- Download Paytm app from Google Play Store and create your account.
- Link your Paytm account with your bank account.
- Verify your Aadhaar Card with Paytm.
- Select the “Personal Loan” option from the Paytm app.
- Select the “Get it now” option and enter your desired loan amount.
- Submit your application.
If your application is approved, the loan amount will be credited to your bank account.
Conditions to be fulfilled
There are certain conditions that have to be fulfilled in order to avail the loan through Aadhaar card verification. This also includes:
- Applicant must have Paytm account.
- Paytm account should be linked to the bank account.
- Must have Aadhar Card and PAN Card.
- There should be at least one source of income.
- The credit score of the applicant should be good.
- Age should be between 23 years to 60 years.
Loan Disbursement
If you are a first time borrower, you can get a loan of up to ₹5000. Once you repay the loan amount on time, your credit score will improve, and you can avail higher loan amount up to ₹300000. The loan disbursement process is quick and hassle free.
Getting a loan can be a daunting task, but with Aadhar card the process has become simple and easy. By following the steps mentioned above, you can easily apply for a loan through Paytm using your Aadhaar card verification. Remember to fulfill all the conditions mentioned above and maintain a good credit score to avail the higher loan amount. With Aadhaar Card Loan, financial assistance is just a few clicks away!