Aadhaar Card Loan: Numerous stories go viral on social media every day, with some becoming trending topics. While some of these stories contain elements of truth, others are completely fake. These stories often circulate via messages, audio clips, or videos on platforms like Facebook and X (formerly Twitter). Currently, a claim is circulating on social media stating that under a “PM Loan Scheme,” everyone is eligible for a loan of up to ₹3 lakh using just their Aadhaar card. Let us find out the truth behind this viral video.

Understanding the PM Loan Scheme

For clarity, there is no specific scheme officially named “PM Loan Scheme.” In reality, the government operates the **PM Mudra Scheme**. Under this scheme, small business owners can get loans of up to ₹20 lakh. The loan plan is divided into categories—Shishu, Kishore, Tarun, and Tarun Plus—based on the type of loan granted to entrepreneurs. A key feature of this scheme is that no collateral is required for loans up to ₹10 lakh. Consequently, the viral claim is entirely misleading.

“>August 26, 2026

What is the truth behind the video?

The Government of India’s fact-checking agency, PIB Fact Check, has declared the viral claim to be fake. The agency clarified that the claim is false and misleading; the central government is not running any such scheme. For authentic information on central government welfare schemes, visit the official website: myscheme.gov.in. PIB has urged the public to be cautious of such fake schemes making tempting claims.

PIB’s Appeal to the Public

If you receive information of this nature via messages, videos, or audio clips, do not trust it at all. First, verify its authenticity. You can seek assistance from the PIB for this purpose by visiting the official PIB website. You can also have messages and videos fact-checked via the PIB’s WhatsApp number or email ID.