When a financial emergency demands instant access to funds, the Aadhaar Card offers a swift solution for securing a personal loan. Using this government-issued document for online e-KYC verification significantly speeds the approval process. This makes the Loan on Aadhaar Card a premier choice for quick disbursal.
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Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under
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A 'Loan on Aadhaar Card' is an unsecured personal loan where the Aadhaar card is primarily used as the key document for e-KYC (electronic Know Your Customer) verification. Because Aadhaar is issued by the government (UIDAI) and serves as a valid proof of identity and address across India, it allows banks and Non-Banking Financial Companies (NBFCs) to verify your details online within minutes. This shift from physical paperwork to digital verification fastens the entire loan application and disbursal process, making it a good solution for urgent needs.
Key Features for Emergency Funding:
100% Online Process: The application, document submission, and verification are mostly completed digitally.
Minimal Documentation: The Aadhaar Card reduces the need for multiple identity and address proofs.
Rapid Disbursal: Funds are often credited to your bank account within a few hours or, in some cases, instantly after approval.
Collateral-Free: These are unsecured loans, meaning you do not have to pledge any asset (like a house or gold) as security.
Eligibility and Core Requirements of Loan on Aadhar Card
While the Aadhaar Card simplifies the verification process, it is important to understand that no loan is approved solely on the basis of this single document. Lenders require additional proofs to assess your financial reliability.
Criteria
Requirement
Citizenship
Indian Resident
Age
Between 21 and 60 years
Minimum Income
Varies by lender, usually ₹15,000 to ₹30,000 net monthly income
Employment Type
Salaried employee or Self-Employed Professional
Credit Score
Usually 700-750 or above is preferred for the best rates. Some lenders may offer loans for a score of 600 or above, but the interest rate will be higher.
Mandatory Document
Aadhaar Card linked to your mobile number for e-KYC
How to Apply for an Aadhaar Card Loan Online
The entire procedure is designed to be swift and paperless to meet emergency requirements. Here is the process for applying for an instant personal loan using your Aadhaar Card:
Choose a Reputable Lender: Research banks, NBFCs, or approved digital lending apps that offer instant personal loans and use Aadhaar-based e-KYC.
Check Eligibility: Use the lender's website or app to enter your basic details (Aadhaar number, PAN, mobile number, and income) to instantly check your eligibility.
Complete the Online Application: Fill out the detailed application form, specifying the required loan amount and tenure.
Aadhaar-based e-KYC: Authenticate your identity and address using the OTP sent to your Aadhaar-linked mobile number. This is the fastest part of the process.
Upload Remaining Documents: Upload digital copies or photos of your PAN Card and income proof (bank statements/salary slips).
Verification and Approval: The lender will verify your income details and credit history. Due to e-KYC, this step is significantly faster.
Fund Disbursal: Upon successful approval and signing the digital loan agreement, the approved loan amount is instantly or within 24 hours credited to your registered bank account.
Important Note: The 'Government' Loan Scam
While the Aadhaar Card is a government-issued ID, it is crucial to be aware of scams. There is NO specific 'Pradhan Mantri Aadhaar Card Loan' scheme offering low-interest loans (e.g., 2% per annum) or instant waivers. The actual loans are offered by licensed banks and NBFCs, and they use your Aadhaar card only for verification (e-KYC). Always verify the authenticity of the lender and never share your Aadhaar OTP or bank account details with unverified sources offering loans. Loans like the Pradhan Mantri Mudra Yojana (PMMY) are for micro-enterprises and require a proper application process, not just your Aadhaar card via a random SMS or call.
FAQs
Can I get a personal loan using only my Aadhaar Card?
While the Aadhaar Card is the primary document for fast e-KYC verification (identity and address proof), you cannot get a loan based on it alone. Lenders will mandatorily require your PAN Card and proof of income (salary slips or bank statements) to assess your repayment capacity and creditworthiness.
How much loan can I get on an Aadhaar Card?
The loan amount depends entirely on your financial profile, credit score, and monthly income. Usually, personal loans using Aadhaar-based KYC range from a minimum of ₹5,000 up to ₹40 Lakhs, based on the lender's policy and your eligibility.
How quickly is the emergency loan disbursed?
The key benefit of the Aadhaar-based online process is speed. Once your application is approved and the digital agreement is signed, the loan amount is often credited to your bank account within a few hours to one working day.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
Past 10 Years' annualised returns as on 01-12-2025
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).
Generate wealth Earn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^ On premiums (under 80C) and on maturity (under 10(10D))
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