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Instant Loan on Aadhar Card

The Aadhaar Card Loan is an unsecured loan, which means you are not required to put up any collateral in order to be approved. Any type of financial necessity may be covered by this loan. Aadhar Card Loan applications can be submitted by any Indian citizen between the ages of 21 and 60 years, either salaried or self-employed.

The introduction of the Aadhaar Card and digitization have made it simpler to submit an online loan application. Your Aadhaar Card is the sole document you need to present, and most banks now accept it as proof of identity, birth, and address. The documentation process, also called e-KYC, can be completed online with the borrower’s Aadhaar information. Since the borrower is not required to provide any physical documents for e-KYC, it is a great choice for saving time.

Overview of Aadhaar Card Loans

In India, choosing a loan with quick processing, little paperwork, and no collateral is a wise move. The features that make it easier for you to get an Aadhar card loan are listed below:

Flexible loan amount- With an Aadhaar Card, you can apply for an online loan between ₹5,000 and ₹5,00,000.

Fast eligibility check- You can provide all the necessary details and get to know your eligibility for the loan quickly. 

Collateral-free loan- You can apply for your Aadhaar Card loans without collateral or guarantors. Loans without collateral give you a hassle-free loan procedure. 

Affordable interest rates- You would want to select a loan that is affordable for you to repay.

Paperless Work- You can apply for a business loan online without going to the bank or waiting for days.

Easy Repayment- Your business or MSME loans can be repaid easily over a convenient term of one to five years.

Disbursal in 24 hours- Within 24 working hours of approval, the instant Aadhaar Card loan is transferred to your bank account.

Loans on Low Credit Score- Individuals with low CIBIL scores can also apply for loans through Aadhaar Card.

Documents Required for Instant Aadhaar Loan:

There are some documents required for an instant Aadhaar Card Loan for both salaried and self-employed individuals. If these documents are valid, the process of making a loan application becomes much easier.

Identity Proof (Anyone):

  • PAN Card (This is the most important ID proof) 
  • Aadhaar Card
  • Valid Voter ID
  • Valid Indian Passport
  • Valid Driver's License

Address Proof (Anyone):

  • Aadhaar Card
  • Valid Indian Passport
  • Valid Driver's License
  • Valid Voter ID
  • Electricity, gas, or water bill dated within the last 60 days. 

Income Proof:

  • Bank statements for the last three months of your payment account in PDF format, indicating salary credits.

Please verify that the documents in the above list are valid when you submit your loan application. Additionally, the amount of documentation needed will be minimal if you are able to complete the KYC process during the application flow.

Eligibility for Instant Aadhaar Loan

To obtain a business loan through Aadhaar, you must meet the below-mentioned eligibility criteria.

Nationality Indian
Age 21 to 60 years
Work Status Salaried or self-employed
Employment MNC, public, or private company, or self-employed
Salary ₹20,000 or higher

Interest Rate for Aadhaar Card Loan

A favourable interest rate is available when you apply for an Aadhaar Card loan online. Your entire borrowing experience will be convenient because of the loan's zero hidden fees, complete transparency, and reasonable Aadhaar loan interest. About 2% to 8% of the approved loan amount is taken as the loan processing fees. The processing charge is subtracted upfront from the approved loan.

How to Apply for an Instant Loan Online with Aadhaar Card?

You can start your online application for a business loan by following the given instructions.

Check Aadhaar loan eligibility-

Check your eligibility for Aadhaar Card loans in a few minutes by providing a few simple details.

Select loan amount-

Set the loan amount and repayment period.

Upload your documents-

Enter your information, complete KYC, and verify your income.

Get your loan-

The amount will be transferred to your bank account in 24 hours. 

EMI Calculator for Aadhaar Card Loan

You can quickly calculate your monthly EMI for Aadhaar card loans online using an EMI calculator by entering the loan amount you want to borrow, the interest rate, and the tenure for repayment.

The EMI can be changed to fit your ability to repay. Your EMIs will decrease as your tenure lengthens, and vice versa. The EMI calculator also displays the breakdown of the principal and interest amounts.

Frequently asked questions

Can I use my Aadhaar card to get an instant business loan?

Yes, you can apply for an instant business loan with your PAN Card or Aadhaar card as proof of identity. The interest rates are reasonable, and the loan is disbursed 24 hours after approval.

How do I use my Aadhaar Card to apply for a quick loan?

Visit your bank’s official website to obtain a loan immediately using your Aadhaar card. Provide your personal information and loan requirements. The bank personnel will contact you to verify your information and let you know if you qualify. Next, you must upload a scanned copy of your Aadhaar Card along with any other required paperwork. The loan amount will be approved and deposited into your bank account following document verification.

What is the processing fee for the Aadhaar card loan?

The Aadhaar Card loan's processing cost could range from 2% to 8% of the loan amount plus taxes. This cost is determined by the loan amount and other variables.

Can I get a loan without a PAN Card?

You can apply for a loan without a PAN card by providing other documents like your Aadhaar Card, driver’s licence, voter’s ID, passport, etc. Your salary slips also have to be submitted.

How much can I borrow with my Aadhaar card?

Your salary, loan term, and ability to repay the loan will all have a direct impact on how much money you can borrow. The Aadhaar Card is a required supporting document when requesting a loan.

Quick credit assessment ensures fast disbursal of loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business.

KYC document

  • - Pan card

Proof of residential address (any one)

  • - Rent Agreement
  • - Driving License
  • - Voter's ID
  • - Ration Card
  • - Passport


  • - Last 6 months of bank statement of current account

Business KYC (any one)

  • - GST Registration Certificate
  • - Shop Establishment Certificate

Financial documents (For loans greater than 20 Lakhs)

  • - 2 years Audited financials
  • - Last 2yrs ITR
  • - GST Returns of 6 months

We may charge processing fee to facilitate the loan towards legal and documentation charges. You may be charged penal charges for late or irregular payment behavior.

You can get an unsecured business loan up to ₹1 crore.

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.