Right now, an Aadhaar card is a very important thing to have. But do you know through Aadhaar Card you’ll get a loan up to 50,000? Yes, you’ve heard it right. If you have an Aadhaar card, you can easily get a personal loan. Many banks offer a personal loan of up to ₹50,000 on your Aadhaar card, so you can easily meet your financial needs.
Gets 50,000 by using Aadhaar Card!
Aadhaar card is an important government identification document. It can also be used as a valid document to get a personal loan. However, an Aadhaar card alone is not sufficient for a personal loan. You will need some additional documents to prove your income and business. Personal loans are usually unsecured, i.e., you do not need to pledge any property. At Kotak Mahindra Bank, you can apply for a personal loan using your Aadhaar card along with your other required documents.
The process of taking a personal loan on an Aadhaar card is quite simple. If you meet the eligibility conditions, you can apply online or by visiting a bank branch. Once the loan is approved, the loan amount is directly credited to your bank account. A ₹50,000 personal loan provides you with instant money, which you can use for a variety of needs.
Help with emergencies: A loan of Rs. 50,000 can help you with medical emergencies, home repairs, or other emergency expenses.
Simple application process: Applying for a personal loan is quite easy. You can apply online or apply directly by visiting the bank branch.
Less documentation is required: All you need for this loan is an Aadhaar card, PAN card, and income proof.
Quick approval: Kotak Mahindra Bank completes your loan application process quickly and provides you with the loan amount within 30 minutes.
Follow your dreams: A loan of ₹50,000 can help you meet various goals, such as traveling, education, or starting your own business.
How to get a personal loan of ₹50,000 on an Aadhaar card?
To get money, follow these steps…
1. You must be an Indian citizen.
2. You must be between 21 and 60 years of age.
3. Your monthly income must be ₹15,000 or more.
4. You must have valid documents approved by the government.
Apply for a loan: Once you meet the eligibility conditions, you can apply for a personal loan online or through a mobile app.
Understand the loan terms: After the loan application, you need to understand the terms of the loan, including the interest rate, repayment tenure, and other charges.
Receive the loan amount: Once you accept the terms of the loan, the loan amount is credited to your bank account.
₹50,000 Personal Loan EMI for up to 6 years
For example, Kotak Mahindra Bank’s personal loan interest rate starts at 10.99%. You can choose a flexible tenure between 1-6 years that suits your convenience. Kotak Mahindra Bank’s EMI calculator provides you with information on your EMI and interest amount.
