10,000 Loan On Aadhaar Card


The Aadhaar card issued by the Indian government can serve as a valuable asset in times of financial need. Whether you require these funds in an emergency situation or for personal use, you should equip yourself with the vital information needed to conveniently and efficiently access a ₹10,000 loan with just aadhaar card.

Here's a step-by-step breakdown on how to get a loan of ₹10000 on aadhaar card. Let's navigate this financial aid with ease.

Can I Get 10,000 Loan With Only An Aadhaar Card?

Financial institutions typically ask for documents such as bank statements, income proofs, employment details, credit history, and other relevant paperwork to apply for a loan. However, you can avail a loan with only an Aadhaar card.

The Aadhaar card is a unique identification card issued by the Indian government. Although some banks and NBFCs provide loans with just an aadhaar card, not many lenders offer a ₹10,000 loan with only an Aadhaar card. Lenders typically require additional documentation to assess your creditworthiness and repayment capacity.

Eligibility for Rs.10000 Aadhaar Card Loan

To apply for an loan on Aadhaar Card, you must provide the lender with your personal information, financial information, and the required documents. The eligibility criteria for a ₹10,000 Aadhaar Card Loan may vary from lender to lender, but some of the standard requirements include:

  • Age: Minimum of 21 years and a maximum of 60 years.
  • Credit Score: Depending on the lender, a minimum credit score of 700 or 750 is required.
  • Residence: You must be a resident of India.
  • Aadhaar Card: You must have a valid Aadhaar Card.

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₹10,000 Aadhaar Card Loan Interest Rates & Charges

If you are considering a ₹10,000 loan on your Aadhaar card, you should know that interest rates and loan fees vary depending on the bank or NBFC you choose. Knowledge of current interest rates and charges is essential for making informed financial decisions.

Check out the table below to understand the interest rates and fees applicable to ₹10,000 Aadhaar card loans.

Rates And Charges Of ₹10,000 Aadhaar Card

Interest Rate Starts at 9.30% per annum
Processing Fee Up to 2% of the approved loan amount
Prepayment Charges Up to 4% of the outstanding loan amount

Documents for Rs. 10,000 Loan on Aadhaar Card

When applying for a ₹10,000 loan using your Aadhaar card, you will only be required to present your Aadhaar card as the main document. Your Aadhaar card serves the purpose of KYC verification. Still, specific lenders can request your PAN card or salary slip as additional documents during the application process.

One can avail small cash loans on Aadhaar starting from Rs. 1000 to a few Lakhs as perone’s eligibility and the terms set by the lender.

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Calculate Your EMI for 10000 Aadhar Card Loan

Computing your EMI serves two significant purposes: first, it allows you to assess your repayment capacity, ensuring you can comfortably manage the EMI amount. Second, it aids in planning your finances effectively. The EMI is determined by considering the loan amount, interest rate, and loan tenure.

%
Monthly EMI 86
Principal Amount 1,000
Total Interest 32
Total Amount 1,032.00

Year Month Principal (A) Interest (B) EMI (A+B) Balance Loan Paid to Date (%)

Features & Benefits of an Instant Aadhaar Card Loan

Now get a ₹10,000 loan instantly with your Aadhaar card and bask in the benefits in the comfort of your home.

  • Collateral-Free loan: No need to provid Documents Required for ₹10 lakh Personal Loane any collateral.
  • Quick Disbursal: Loan approval & disbursal in minutes.
  • Paperless Application: Requires Zero paperwork.
  • Low-Interest Rates: Interest rates starting from 10.50% p.a.
  • Easy Repayment: Choose your preferred tenure for loan repayment.
  • Single Document: Provide Aadhar Card as proof for Identity, Address for loan approval.

Steps to Apply for An Instant ₹10,000 Personal Loan on Aadhaar Card with Buddy Loan

Steps To Apply For a Personal Loan with Buddy Loan

  • Step 1: Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).
  • Step 2: Open the Personal Loan Application Page. Provide the mobile number and enter the received OTP.
  • Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option
  • Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).
  • Step 5: Enter your work details (Including company name, years of service and Designation)
  • Step 6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)
  • Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.

Ready to take the next step? Apply for a Personal loan now!

Obtaining an instant loan of ₹10,000 using the Aadhaar Card presents a convenient and effective means of obtaining funds. This approach eliminates the need for burdensome paperwork and time-consuming approval processes, rendering it an appealing option for individuals seeking expeditious financial assistance.

Loans facilitated by the Aadhaar Card afford flexibility, empowering you to address your financial needs promptly. Conducting thorough research and exercising responsible borrowing ensures a seamless borrowing experience. You can effortlessly settle your college fees or acquire that much-needed iPhone with an instant loan.

Frequently Asked Question on 10000 Aadhar card loan

The age limit for a ₹10000 personal loan on an Aadhaar card varies from lender to lender, but it is typically between 21 and 60 years old.

Many apps offer ₹10000 personal loans with an Aadhaar card. Some of the most popular ones include Buddy Loan, Money Tap, etc.

To apply for a loan through a loan app, you must provide your Aadhaar card number, PAN card number, bank account details, and other personal information. The loan amount will be disbursed to your bank account within minutes of your application's approval.

No, it is not mandatory to have a PAN card to avail a 10k instant loan on an Aadhaar card. However, some lenders may require you to have a PAN card to process your loan application.

No, it is not mandatory to have a PAN card to avail a 10k instant loan on an Aadhaar card. However, some lenders may require you to have a PAN card to process your loan application.

You can avail of an online 10k instant loan on an Aadhaar card for students by applying through a loan app. Some popular loan apps that offer instant loans with an Aadhaar card for students are Buddy Loan, MoneyTap, EarlySalary, and Pronto Loans.

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