Get Instant Loan Of INR 10,000 On Aadhar Card

3–4 minutes
WeCredit Blog

Did you know you could get a loan on the basis of your Aadhar Card? Yes, it’s possible! Gone are the times when you would need a pile of documents and multiple revisits to the bank to secure a favourable loan. Now straightaway get a loan of Rs. 10,000 on your Aadhar Card and take control of your financial emergency or fulfill a personal goal. This can also complete your KYC online easily. In this blog, we will tell you how to apply for an INR 10,000 loan on your Aadhar Card. Here is what you need to know:

How to Apply for a Rs.10,000 Loan on Aadhar Card

These are the easy steps to apply for a loan on Aadhar card:

Step 1 – Visit wecredit.co.in or download and install the WeCredit App(Android or iOS).

Step 2 – Open our Personal Loan Application Page. Enter your mobile number and submit the received OTP.

Step 3 – Set the desired loan amount and enter your personal email. Next, select the Personal Loan option.

Step 4 – Choose your employment type(Salaried, Self-Employed, or Student) and salary mode(bank or cash).

Step 5 – Provide your work details (including company name, years of employment, and designation)

Step 6 – Enter your personal details (including Full Name, PAN, DOB & Gender)

Step 7 – Provide your communication address and income details followed by clicking the ‘Submit’ button.

Post approval, the loan amount will be credited to your bank account.

Note – Always review and understand the terms and conditions of the loan before applying.

Read Also: Change the address on your pan card

Features and Benefits of INR 10,000 Loan on Aadhar Card

There are several benefits of taking out a loan on Aadhar card:

1. Minimal Documents

Your Aadhar card and basic KYC details are only required for the loan.

2. Fast Funds

You can get approved and receive the funds in your account within a day.

3. No Need for Collateral

This is an unsecured loan, so you don’t have to risk losing your assets.

4. Multiple Uses

You can use this money for anything – an emergency, a small purchase, or any personal goal.

5. 100% Online Application

The whole application process is 100% digital and you can apply from anywhere using your preferred digital device.

Next, you need to know the eligibility requirements for a loan on Aadhar card.

Eligibility for INR 10,000 Loan on Aadhar Card

There are certain eligibility requirements that are simple to get a loan on Aadhar card:

  • Age – The minimum age to apply for Rs. 10,000 loan on Aadhar card is 21 years and maximum can be up to 65 years based on lender specifications.
  • Income – You must earn at least Rs. 25,000 net monthly to avail of such a loan.
  • Credit Score – A credit score of 750 and above is considered to be eligible for this loan.
  • Consistent Employment – Some lenders want proof of your consistent employment for at least 3-6 months.
  • Consistent Residence – Documents like maintenance bills, electricity bills, etc. are required as proof of continuous residence.

Read Also: How to Check Airport Lounge Access on Your Credit Card

EMI Calculation for INR 10,000 Loan on Aadhar Card

EMI(Equated Monthly Installment) calculation for Rs. 10,000 loan on Aadhar card requires the loan amount, interest rate, and tenure. You just need to enter these 3 in specified boxes and your EMI will be calculated. You can find the link for the EMI calculation here.

Conclusion

WeCredit offers Rs. 10,000 loan on Aadhar card within hours. Just meet the mentioned eligibility requirements with basic documents to complete your application. Follow the mentioned steps and apply for the loan. Your financial urgencies can be easily met quickly by applying for a Rs. 10,000 loan on Aadhar Card with WeCredit. lenders like

Discover more from WeCredit

Subscribe now to keep reading and get access to the full archive.

Continue reading