Do you need financial assistance and don’t want to go through the hassle of lengthy documentation and processing time? If yes, then you are at right place. Aadhaar Card, one of the most important documents for Indian citizens, can now get you a loan of up to ₹300000. Yes, you read that right! In this article, we will guide you on how to get a loan through Aadhaar card verification from the comfort of your own home.
Aadhaar Card Loan
Understanding Aadhaar Card and its benefits
Aadhaar card is a unique identification document containing a 12-digit unique identification number issued by the Unique Identification Authority of India (UIDAI). The best thing about Aadhaar card is that there is no age limit for making it. Anyone who is an Indian citizen can create an Aadhaar card. In contrast, to produce voter ID, driving license or PAN card, you must be at least 18 years of age.
Get a loan easily from home
Earlier, getting a loan involved a lot of paperwork and visiting banks. But with the advancement of technology, it is now possible to apply for a loan using your mobile phone from the comfort of your home. Using the Paytm application, you can easily get a loan from ₹10000 to ₹300000 with just a few clicks.
How To Get Loan Using Aadhar Card Verification
If you are wondering how to get a loan using Aadhaar card verification, then Paytm is the solution. Although there are many other apps on Play Store that offer loans after Aadhaar card verification, Paytm is one of the most reliable and efficient platforms. Follow the steps below to get a loan with Paytm:
Step 1: Download Paytm app from Google Play Store and create your account.
Step 2: Link your Paytm account with your bank account.
Step 3: Verify your Aadhaar Card with Paytm.
Step 4: Select “Personal Loan” option from Paytm app.
Step 5: Select the “Get it Now” option and enter the loan amount you want.
Step 6: Submit your application.
If your application is approved, the loan amount will be credited to your bank account.
Conditions to be fulfilled
There are certain conditions that must be met to get a loan through Aadhaar card verification. This includes:
Applicant must have a Paytm account.
The Paytm account must be linked to the bank account.
Must have Aadhaar card and PAN card.
There should be at least one source of income.
Applicant must have a good credit score.
Age should be between 23 years to 60 years.
If you are a first-time borrower, you can get a loan of up to ₹ 5000. Once you repay the loan amount on time, your credit score will improve, and you can avail more loan amount up to ₹ 300000. The loan disbursement process is quick and hassle free.
Getting a loan can be a daunting task, but with Aadhaar card, the process has become straightforward and easy. By following the steps mentioned above, you can easily apply for a loan using your Aadhaar card verification through Paytm. Remember to fulfill all the conditions mentioned above and maintain a good credit score to get higher loan amount. With Aadhaar Card Loan, financial assistance is just a few clicks away!