Aadhaar Card Loan: Sometimes in life, unexpected situations arise where you need money urgently. Taking a loan from a bank for medical treatment, education, or other family needs is not easy because it involves a lengthy process and numerous documents. In such times, an Aadhaar card-based personal loan has emerged as a lifesaver. Now, with the help of your Aadhaar card, you can get a personal loan of up to two lakh rupees from banks and NBFCs.
It’s worth noting that today, the Aadhaar card has become the strongest document for identity and address verification. Its use is constantly increasing in banking, government schemes, and digital services. The Aadhaar card completes the eKYC process, which significantly reduces the need for additional documents during loan application and speeds up the approval process.
📌 Also Read: Gold Price Drops - Price Falls Rs 4,000 in One Week, Silver Down 3,188 Per kg, Check Latest Rate
Benefits of Taking a Loan on an Aadhaar Card
The biggest advantage of an Aadhaar-based personal loan is the easy process. There is no need to provide separate documents for identity and address verification. The entire process is digital, which significantly reduces the time from application to receiving the funds. With a good profile, the loan can be transferred to your bank account within 24 to 48 hours.
📌 Also Read: New Aadhaar Card 2026 Update: Name and Address Removed From Aadhaar, Check What Changes for Users
Read Here: Top 5 Electric SUVs Launching in India 2026 – Range, Charging and Performance
Who Can Take a Personal Loan on an Aadhaar Card?
📌 Also Read: Invest in the Post Office and Get a Return of Rs 1,16,062, Know About This Amazing Scheme
This type of loan can be taken by individuals aged between 21 and 60 years who are Indian citizens. The applicant’s Aadhaar card must be linked to their mobile number for verification via OTP. A good credit history and a credit score above 650 increase the chances of loan approval. Both salaried and self-employed individuals can apply for this loan.
Documents Required for the Loan
📌 Also Read: Big News for Employees in This State, Old Pension Scheme Has Been Implemented, Providing Many Benefits
Although the Aadhaar card is the main document, a PAN card, bank statements for the last few months, and proof of income may also be required. Salaried individuals are asked for salary slips, and self-employed individuals are asked for income tax return details. The documents required may vary depending on the lender’s policies.
Read Here: Indian Railways Travel Hack: Visit 8 Cities on a Single Ticket With Circular Journey Pass
📌 Also Read: From Makhana to Honey, Government Offering Subsidies for Setting Up Agro-Industries, Know How to Avail the Benefits
How to Apply for a Personal Loan
To apply, you need to visit the official website or mobile app of a bank or NBFC. After checking your eligibility, you need to fill in your Aadhaar and PAN details. Once eKYC is completed via OTP verification, the required documents are uploaded. Upon approval of the application, the loan amount is directly transferred to your bank account.
📌 Also Read: Home Loan Subsidy 2026: Get ₹1.80 Lakh PMAY 2.0 Benefit With Big Tax Savings for First-Time Buyers
Things to keep in mind
Always take a personal loan from a trustworthy bank or financial institution. Interest rates may vary, so be sure to compare them. Understand the processing fees and other charges beforehand. Pay your EMIs on time, as this directly impacts your credit score. Taking a loan is wise only when necessary.