Earlier, people had to provide many documents for address and identity proof to avail of a personal loan resulting in a delay in loan approval. Today, you can use an Aadhar card as a primary document for KYC verification. Moreover, banks and lenders can do e-KYC using an Aadhar card. As a result, you can instantly access personal loans
If you are looking for an instant loan with an Aadhar Card, you must be aware of the top Aadhar Card Loan apps that will help you financially! Hence, read till the end to know the comparative analysis of various Aadhar Card Loan apps and choose the best among all!
An Aadhar Card Loan is an unsecured one where applicants need to provide only an Aadhar Card as their primary KYC document when availing of a personal loan. The documentation is minimal; making loan approval instant.
Avail of an Aadhar Card Loan
Your Aadhar card records details such as your name, address, gender, date of birth, phone number, email ID, and biometric data. Hence, by going for eKYC, you will reduce the documentation requirement. Moreover, if your PAN card is linked to your Aadhar card, you don’t have to provide a copy of the PAN card for documentation. With a single document, the verification process will become quick and easy.
Now that we know the basics of an Aadhar card Loan, let us now look at the features, benefits, and eligibility of Aadhar Card Loan Apps.
Also Read: Aadhaar Card Loan Quick Online Personal Loan with Buddy Loan
Features of the Aadhaar Card Loan App
Loan amount: Minimum and maximum loan ranges from Rs. 10,000 to Rs. 50 Lakhs loan on Aadhar Card, depending on the lender.
Rate of interest: The interest rates on your personal loan starts from 10.50% p.a. for private lenders and 8.35% p.a. for public sector banks. However, the interest rates vary depending on the lenders.
Tenure: Generally, the tenure for personal loan repayment varies between 12 to 60 months. However, some banks may offer a tenure of up to 72 months.
Processing fee: Up to 2% of the approved loan amount for an Aadhar Card Loan.
Prepayment charges: You will be charged up to 4% of the outstanding loan amount.
Quick Disbursal: You will receive your loan amount within a few hours of approval.
Transparent Process: As there are no hidden charges, the loan application process is completely transparent.
Reduced Documentation: Since your Aadhar card can be used as an authorized e-KYC, only your income proof is required for documentation, reducing the processing time.
Benefits of Aadhaar Card Loan
- You can have instant access to loans as lenders use Aadhar cards for Know Your Customer (KYC) documentation.
- It is a primary document for multiple proofs like citizenship, address, age, photo, and identity.
- Aadhar card can be used for e-KYC (online verification).
- The application process gets simplified and fast.
- If you have linked your PAN card with your Aadhar Card, you can enjoy other benefits in one go.
- At times, instead of submitting a copy of your Aadhar card, you can provide only the 12-digit UID number.
Also Read: Get Low-interest Personal Loans With Aadhaar Card
Eligibility Criteria for Aadhar Card loan
- Age: The applicant should be a minimum of 21 years old when applying for an Aadhar loan, and a maximum age of up to 60 years is considered eligible for this loan.
- Credit score: You must have above 750 to be eligible for an Aadhar Card Personal Loan.
- Salary: The applicant must have a minimum monthly income of Rs. 25,000.
- Work experience: The applicant should have work experience of a minimum of 2 years and must have completed at least 1 year with the current organization.
- Years in current residence: You must be a resident in your current locality for at least the last 1 year.
Mandatory Documents for Aadhar Card Loan App
- ID and Address Proof: Aadhar Card
- Income Proof: Bank Statements and Salary Slips for last 3 months
- Passport size photo
Top 25 Aadhar Card Loan Apps In India
| App | Interest Rate | Loan Amount | Tenure | App Rating (Out of 5) | |
| Buddy Loan | 11.99% p.a | ₹10,000 to ₹15 lakhs | 12 months to 60 months | 4.4 | Download App |
| PaySense | 16%-36% (APR) | ₹ 5,000 – ₹ 5 Lakh | 90 Days to 540 Days | 4.4 | Download App |
| Money Tap | 13 to 36% p.a | ₹ 3,000 – ₹ 5 Lakh | 2 Months to 36 Months | 4.1 | Download App |
| Dhani | 13.99% P.A | ₹ 1,000 – ₹ 15 Lakh | 3 Months to 24 Months | 3.6 | Download App |
| India Lends | 10.75% – 25% p.a | ₹ 15,000 – ₹ 50 lakh | 12 Months to 60 Months | 3.8 | Download App |
| KreditBee | 24% – 29.95% p.a | Max ₹ 3 Lakh | Max 24 Months | 4.5 | Download App |
| Nira | 24% to 36% (APR) | ₹ 10,000 – ₹ 1 Lakh | 3 Months to 12 Months | 4.4 | Download App |
| Cashe | 2.50% Per Month | ₹ 1000 – ₹ 4 lakh | Max 18 Months | 4.3 | Download App |
| Money View | 16% to 39% (APR) | ₹ 5,000 – ₹ 5 Lakh | 3 Months to 60 Months | 4.7 | Download App |
| Fibe | 24% – 30% (P.A.) | Up to Rs 5 Lakh | 6 Months to 36 Months | 4.5 | Download App |
| Smart Coin | 20% – 36% (P.A.) | ₹ 1,000 – ₹ 70,000 | 91 Days to 270 Days | 4.5 | Download App |
Home Credit |
24% – 49.5% | Up to ₹ 5 Lakh | 12 Months to 48 Months | 4.4 | Download App |
| LazyPay | 18% – 25% (P.A.) | Up to ₹ 5 Lakh | 3 Months to 24 Months | 4.4 | Download App |
| mPokket | Starting at 52% | ₹ 1000 – ₹ 30,000 | Max 4 Months | 4.4 | Download App |
| FlexiSalary | 36% (APR) | Up to Rs. 2 Lakh | Up to 3 Years | 4.6 | Download App |
| Bajaj Finserv | 10.49% p.a. onwards | Up to ₹ 50 Lakh | 1 year to 5 Years | 4.5 | Download App |
| Loan Tap | 11% – 24% | ₹ 50,000 – ₹ 10 lakh | 6 Months to 60 Months | 4.0 | Download App |
| Rupee Redee | 0.20% per day | ₹ 2,000 – ₹ 25,000 | 7 Days to 3 Months | 3.9 | Download App |
| Stashfin | 11.99% – 59.99% APR | ₹ 1000 – ₹ 5 lakh | 3 Months to 36 Months | 3.8 | Download App |
Credy |
12% – 18% | Up to ₹ 1 Lakh | 3 Months to 12 Months | 3.8 | Download App |
| Upwards | Starting at 9% | Up to ₹ 2 Lakh | Up to 60 Months | 4.2 | Download App |
| Zest | 0% – 36% (APR) | Up to ₹ 2 Lakh | Payments over 3 or 6,9,12 Months | 4.2 | Download App |
| Fullerton India | 11.99% – 36% | Up to ₹ 25 Lakh | 12 Months to 60 Months | 4.1 | Download App |
| Navi | 9.9% p.a. onwards | Up to ₹ 20 lakh | Up to 72 Months | 4.3 | Download App |
| Pay Me India | 18% to 42% (APR) | ₹2,000 to ₹2 Lakh | 0 to 2 months | 3.9 | Download App |
Note: The app ratings and interest rates are subject to change. Hence, do visit the official website or the app to know the latest updates!
From the apps mentioned above, you can avail of an Aadhar card loan ranging from ₹1000 to ₹50 lakhs just by submitting your Aadhar card, PAN card, and bank account number. These applications give easy access to instant cash in times of need.
So, let us have a detailed overview of the features and benefits of our Top picks for best Aadhar loan apps.
Also Read: Loan on Aadhaar Card for Medical Emergency
Buddy Loan
Buddy loan is one of the fastest-growing instant loan apps in India. It is one of the biggest loan aggregators that help turn your dream into reality. It offers instant loans from ₹10,000 to ₹15 lakhs at an affordable interest rate starting from 11.9% per annum. You can use the Buddy Loan application to avail of an instant personal loan online or an Aadhar loan for medical emergencies, travel on your dream vacation, make wedding plans, or grow your business. So, Download Buddy Loan App Now!
| Key Features & Benefits | Description |
| Personal Loans up to ₹15 lakhs | You can avail of a personal loan starting from ₹10,000 to ₹15 lakhs to cover all your needs. |
| Nil-Collateral | You can get avail of an instant personal loan without any collateral through Buddy Loan. |
| Flexible loan tenure | Buddy Loan offers flexible loan repayment tenures starting from 6 months to 60 months, and you can select the convenient term. |
| High Approval rates | Buddy Loan has the highest loan approval. Hence, chances of getting your loan approved is also high. |
| Affordable interest rates | The interest rates at Buddy Loan are affordable starting from 11.99% per annum. Moreover, you can get a loan at lower interest rates with a good credit score. |
| Quick disbursal | Your loan application will get sanctioned within 48 hours of submission. |
| No Hidden charges | There are no prepayment or hidden charges included. |
| Secure | The data that you provide while applying for the loan is kept safe and confidential. |
| Minimum Documentation | You have to submit only minimum documents like Aadhar Card, PAN Card, Passport, etc., for KYC verification and income proof like bank statements and salary slips. |
PaySense
PaySense is an instant personal loan app founded by Sayali Karanjkar and Prashanth Ranganathan in Mumbai. It offers personal loans for both salaried professionals and self-employed individuals. And the minimum monthly income required to get a personal loan is ₹18,000.
| Key Features & Benefits | Description |
| Instant personal loans up to ₹5 lakhs | You can avail of instant personal loans starting from ₹5000 to ₹5 lakhs to cover all your needs and requirements. |
| Quick Approvals & Disbursals | You can get instant loan approval and money in your account within a few hours. |
| Paperless Documentation | You must upload scanned images of your KYC documents and sign your loan application online. |
| Flexible EMI plans | You can choose EMI plans at your convenience to manage with reminders. You can also select auto-debit features, so you don’t miss out on timely repayments. |
| Quick disbursal | You can get your loan amount sanctioned within 48 hours of submission. |
| One-click personal loans | You can get another personal loan in the future with just one-time documentation in just one click and no further verification is required. |
| Zero Credit History | Individuals new to the credit journey can also apply for a personal loan. |
MoneyTap
| Key Features & Benefits | Description |
| Loans up to ₹5 lakhs | You can avail of loans up to ₹5 lakhs and get instant money transfers. |
| Borrow flexibly | Borrow as much as you need from your personal line of credit with MoneyTap. |
| No usage, no interest | The interest rates will be charged only for the amount you borrow and not to your entire credit limit. |
| Safe & Secure loans | The information you submit is processed and stored with banking-level security controls. |
| Credit limit available for a lifetime | Your credit limit will be recharged as you repay your loan amount and this will allow you to withdraw cash multiple times. |
| No collateral, no guarantors | You can access cash whenever you need without any collateral. |
KreditBee
| Key Features & Benefits | Description |
| Loans up to ₹2 lakhs | You can get loans starting from ₹1000 to ₹2 lakhs as per your requirement. |
| Lower Interest Rates | Get lower interest rates on your personal loans for various purposes that suit your requirements. |
| Quick Processing and Disbursal | You can apply for a personal loan online with minimum documents and get your loan amount credited to your bank in just a few minutes. |
| Easy Repayment Options | With flexible repayment options, you can choose to repay your loan amount in easy EMI plans. |
| 100% Paperless | You can get a personal loan online as there is no paperwork or physical documentation required. |
| Safe, Secure, and Transparent | The process of loan application is completely secure and safe, and there are no hidden charges included. |
| Collateral Free | No collateral is required when applying for a personal loan. |
Money View
| Key Features & Benefits | Description |
| Loan up to ₹5 lakhs | You can get loans starting from ₹5000 to ₹5 lakhs |
| Quick Process | The loan application process is online, fast, easy, and flexible. |
| Flexible repayment tenure | You will have the flexibility to choose the repayment tenure for your loan amount at your convenience. |
| Own Credit Model | You will get the best personal loan offers based on your credit score. |
| 100% Transparent | There are no hidden charges included when availing of a personal loan. |
| 100% Paperless | No paperwork or physical documentation is required. You can apply online and get a personal loan. |
| Hassle-free | With minimum documentation and 100% Paperless l process, you can get a loan hassle-free. |
| Easy EMI | You can repay your loan in 3 to 60 Months as per your convenience. |
FlexiSalary
| Key Features & Benefits | Description |
| Loans up to ₹2 lakhs | You can avail of loans against your salary up to ₹2 lakhs. |
| No collateral | FlexSalary offers unsecured personal loans and hence you don’t have to submit any collateral to get your loan approved. |
| No worries about your CIBIL score | You can get your loan approved even if you have an average CIBIL score. |
| Emergency cash | You can avail of an instant personal loan to cover any medical emergencies or need instant cash. |
| Loan for all purposes | You can use the loan amount for various purposes to cover your needs. |
| No extra interest rates | You have to pay interest rates only for the money you withdraw. |
Bajaj Finserv
| Key Features & Benefits | Description |
| Collateral-free loan up to ₹35 lakhs | You can easily get loans up to ₹35 lakhs without any collateral. |
| Instant Approval | You can get instant approval on your loan with simple and easy-to-meet eligibility criteria and a quick verification process. |
| Minimum Documentation | You have to provide only minimum documents to get your loan instantly approved. |
| Quick Disbursal | Your loan amount will be disbursed into your bank account within 24 hours of verification. |
| Convenient Repayment | You have the freedom to select the tenure of your loan repayment at your convenience. |
| No hidden charges | No hidden charges are included when availing of the loan. |
Loan Tap
| Key Features & Benefits | Description |
| Loan amounts up to ₹10 lakhs | You can avail of loans starting ₹25,000 to ₹10 lakhs as per your requirements. |
| Customised Personal Loans | You can avail of instant offers, quick disbursals & customised personal loans as per your needs. |
| Secured Data System | The information you provide for loan application is kept secure and encrypted. |
| Instant Approval & Disbursal | The loan application process is completely online. Hence your loan amount will get disbursed within 24-36 hours. |
| User-friendly | The loan app is easy to use, convenient & user friendly. Hence you can use LoanTap for a seamless loan process. |
| Flexible loan repayment option | You can choose your loan tenure and repayment options according to your convenience. |
Fullerton India
| Key Features & Benefits | Description |
| Loans up to 25 Lakhs | You can avail of loans up to 25 lakhs based on your credit score and income. |
| Affordable interest rates | The interest rates are comparatively affordable. |
| Flexible Loan Repayment | Flexible loan repayment tenures between 12-60 months. |
| Digital Process | Complete online process of the loan application. |
| Tools | You can use tools such as EMI Calculator, Eligibility Calculator, and Amortisation Calculator to plan your loan amount beforehand. |
Steps to Apply for Aadhaar Personal Loans
Here is a step-by-step procedure on how to get a personal loan on an Aadhar card using Aadhar Card Loan Apps:
- First, install the Loan app from Google Play Store you wish to apply for.
- Create your profile and Register with your mobile number.
- Now, check if you can apply for an Aadhaar Personal Loan.
- Once you meet all the criteria, you can start filling out your loan application form with essential details.
- Choose the loan amount and tenure of repayment.
- Next, submit a scanned copy of your Aadhaar Card to complete your KYC process.
- The lender will verify your loan application and approve your Personal Loan on your Aadhaar Card.
- Once your loan gets approved, your loan amount will be disbursed to your bank account.
Also Read: Instant Personal Loan Through Aadhaar Card
Final Take Away: The Best Aadhar Card Loan App!
Getting a loan on your Aadhar card has become easier with many Aadhar Card loan apps. However, thoroughly researching and comparing the various Aadhar loan apps online would be best.
Likewise, if you are looking for a personal loan with just your Aadhar card that has an affordable interest rate, the Buddy Loan app is the best option. Being one of the largest loan aggregators, it helps you avail of a personal loan from top-trusted lenders with minimum documentation at your fingertips.
Also Read: Apply Personal Loan Online On Aadhaar Card With No Paperwork
So what are you waiting for? Apply for a Personal Loan Now and get your needs covered!
Download Personal Loan App
Get a loan instantly! Best Personal Loan App for your needs!!
Looking for an instant loan? Buddy Loan helps you get an instant loan from the best verified lenders. Download the Buddy Loan App from the Play Store or App Store and apply for a loan now!
Apply for Loan on BUDDYLOAN App
Interest rates starts @11.99% p.a. onwards
Having any queries? Do reach us at info@buddyloan.com
