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Loan on Aadhaar: Instant Loans with Minimal Documentation
In today’s fast-paced world, financial emergencies can arise at any moment, leaving us scrambling for quick cash solutions. Thankfully, with the integration of technology and Aadhaar-based verification, getting an instant loan has become easier and more accessible than ever. Whether you need a small cash loan or a large sum for emergencies, platforms providing loans on Aadhaar offer quick, hassle-free approvals. This article covers everything you need to know about getting a loan using your Aadhaar card and highlights 25 platforms that provide such services.
Why Choose a Loan on Aadhaar Card?
Gone are the days of standing in long bank queues or dealing with endless paperwork. With a loan on Aadhaar, you can get instant approvals and disbursals without the usual hurdles. Here’s why these loans are gaining popularity:
- Minimal Documentation: Aadhaar card serves as a primary identification document.
- Instant Verification: Digital KYC reduces the approval time.
- Wide Range of Loan Amounts: From small emergency loans of ₹1000 to larger sums like ₹3 lakh.
- No Collateral: Most loans on Aadhaar are unsecured.
- Accessible Anytime: Online platforms are available 24/7.
Top 25 Platforms Providing Loans on Aadhaar
Here’s a detailed table summarizing the top platforms that provide loans using Aadhaar, their loan ranges, interest rates, and special features.
PaySense Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹5,00,000 |
| Interest Rate | 1.4% to 2.3% per month |
| Tenure | 3 to 60 months |
| Eligibility | Indian resident, age 21-60, min. income ₹12,000, Aadhaar card |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | PaySense |
About PaySense
PaySense is a leading digital lending platform in India that provides instant personal loans to individuals. It offers a hassle-free and paperless process for users to apply for and receive loans.
Loan Application Process
- Step 1: Download the PaySense app or visit the website.
- Step 2: Sign up and complete the profile with personal details.
- Step 3: Check loan eligibility and select the loan amount.
- Step 4: Upload necessary documents (Aadhaar, PAN, bank statements).
- Step 5: Get instant approval and loan disbursal within 24 hours.
MoneyTap Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹3,000 to ₹5,00,000 |
| Interest Rate | 1.08% to 2.3% per month |
| Tenure | 3 to 36 months |
| Eligibility | Indian resident, age 23-55, min. salary ₹20,000 |
| Documentation | Aadhaar, PAN, salary slip, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | MoneyTap |
About MoneyTap
MoneyTap is India’s first app-based credit line that provides instant personal loans. It offers a flexible borrowing model where users can withdraw any amount as needed and pay interest only on the utilized amount.
Loan Application Process
- Step 1: Download the MoneyTap app and register.
- Step 2: Fill in personal and income details to check eligibility.
- Step 3: Select the credit limit and submit KYC documents.
- Step 4: Receive approval and access funds instantly.
- Step 5: Withdraw money as per your requirement.
KreditBee Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹2,00,000 |
| Interest Rate | 1% to 2.5% per month |
| Tenure | 1 to 6 months |
| Eligibility | Age 21-50, minimum monthly income ₹10,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | KreditBee |
About KreditBee
KreditBee provides instant personal loans to salaried and self-employed individuals with a seamless digital process.
Loan Application Process
- Step 1: Download the KreditBee app and sign up.
- Step 2: Fill in basic personal and income details.
- Step 3: Upload required KYC documents.
- Step 4: Receive instant approval and access funds.
- Step 5: Repay through flexible EMI options.
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CASHe Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹4,00,000 |
| Interest Rate | 2.5% per month |
| Tenure | 3 to 18 months |
| Eligibility | Salaried individuals, age 21-60, minimum monthly income ₹20,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | CASHe |
About CASHe
CASHe is an instant personal loan platform designed for salaried individuals, offering quick loans with a simple application process.
Loan Application Process
- Step 1: Download the CASHe app or visit the website.
- Step 2: Sign up and complete your profile.
- Step 3: Check loan eligibility and select the loan amount.
- Step 4: Upload required documents (Aadhaar, PAN, bank statement).
- Step 5: Get instant approval and receive the loan amount within 24 hours.
EarlySalary Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹5,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 36 months |
| Eligibility | Salaried individuals, age 21-55, minimum monthly income ₹18,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | EarlySalary |
About EarlySalary
EarlySalary is a digital lending platform that provides instant personal loans to salaried individuals. It offers quick and hassle-free loan approval with minimal documentation.
Loan Application Process
- Step 1: Download the EarlySalary app or visit the website.
- Step 2: Sign up and complete the profile with personal details.
- Step 3: Check loan eligibility and select the loan amount.
- Step 4: Upload necessary documents (Aadhaar, PAN, bank statements).
- Step 5: Get instant approval and loan disbursal within 24 hours.
FlexSalary Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹1,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 1 to 12 months |
| Eligibility | Salaried individuals, age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | FlexSalary |
About FlexSalary
FlexSalary offers instant personal loans with a flexible repayment structure, designed for salaried individuals in need of urgent cash.
Loan Application Process
- Step 1: Visit the FlexSalary website or download the app.
- Step 2: Fill in personal and employment details.
- Step 3: Upload necessary documents (Aadhaar, PAN, bank statement).
- Step 4: Get instant approval and loan disbursal within 24 hours.
LoanTap Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹10,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 6 to 60 months |
| Eligibility | Salaried individuals, age 21-60, minimum monthly income ₹30,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | LoanTap |
About LoanTap
LoanTap provides customized personal loans with flexible repayment options for salaried professionals, ensuring quick access to credit.
Loan Application Process
- Step 1: Visit the LoanTap website or download the app.
- Step 2: Complete the application with personal and employment details.
- Step 3: Upload required documents (Aadhaar, PAN, bank statement).
- Step 4: Get instant approval and receive funds within 24 hours.
ZestMoney Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹2,00,000 |
| Interest Rate | 1% to 2.5% per month |
| Tenure | 1 to 12 months |
| Eligibility | Age 18-60, minimum monthly income ₹10,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | ZestMoney |
About ZestMoney
ZestMoney offers zero-cost EMI loans for shopping and personal expenses, making it easier for individuals to access instant credit without a credit card.
Loan Application Process
- Step 1: Visit the ZestMoney website or download the app.
- Step 2: Sign up and complete the application with personal details.
- Step 3: Upload required documents (Aadhaar, PAN, bank statement).
- Step 4: Get instant approval and start using your loan amount.
Nira Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹1,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 12 months |
| Eligibility | Salaried individuals, age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Nira |
About Nira
Nira is a digital lending platform that provides instant personal loans for salaried individuals, helping them meet short-term financial needs.
Loan Application Process
- Step 1: Visit the Nira website or download the app.
- Step 2: Register and fill in personal and employment details.
- Step 3: Upload Aadhaar, PAN, and bank statement.
- Step 4: Get instant approval and receive loan amount within 24 hours.
KrazyBee Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹2,00,000 |
| Interest Rate | 1% to 2.5% per month |
| Tenure | 1 to 12 months |
| Eligibility | Age 18-30, minimum monthly income ₹10,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | KrazyBee |
About KrazyBee
KrazyBee is a leading financial platform that provides instant credit to young professionals and students to help them meet financial needs.
Loan Application Process
- Step 1: Download the KrazyBee app or visit the website.
- Step 2: Register and fill in the necessary details.
- Step 3: Upload Aadhaar, PAN, and bank statement.
- Step 4: Get approval and receive loan amount within 24 hours.
LazyPay Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹1,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 1 to 12 months |
| Eligibility | Age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | LazyPay |
About LazyPay
LazyPay offers instant personal loans and a "buy now, pay later" service, providing quick access to credit without hassle.
Loan Application Process
- Step 1: Download the LazyPay app or visit the website.
- Step 2: Register and complete your profile.
- Step 3: Upload required documents (Aadhaar, PAN, bank statement).
- Step 4: Get approval and receive the loan amount quickly.
Simpl Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹1,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 1 to 12 months |
| Eligibility | Age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Simpl |
About Simpl
Simpl provides a 'buy now, pay later' service, allowing users to make seamless online transactions and repay later with minimal effort.
Loan Application Process
- Step 1: Download the Simpl app or visit the website.
- Step 2: Register and complete your profile.
- Step 3: Upload required documents (Aadhaar, PAN, bank statement).
- Step 4: Get approval and enjoy easy credit access.
MoneyView Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹5,00,000 |
| Interest Rate | 1.33% to 2.4% per month |
| Tenure | 3 to 60 months |
| Eligibility | Age 21-55, minimum monthly income ₹12,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | MoneyView |
About MoneyView
MoneyView provides instant personal loans with flexible tenure and quick approval. The process is fully digital and hassle-free.
Loan Application Process
- Step 1: Download the MoneyView app or visit the website.
- Step 2: Register and check loan eligibility.
- Step 3: Upload required documents (Aadhaar, PAN, bank statement).
- Step 4: Get approval and receive the loan amount in your bank account.
StashFin Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹5,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 36 months |
| Eligibility | Age 21-60, minimum monthly income ₹18,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | StashFin |
About StashFin
StashFin is a digital lending platform that provides quick and hassle-free personal loans with instant approval.
Loan Application Process
- Step 1: Download the StashFin app or visit the website.
- Step 2: Check your loan eligibility and enter basic details.
- Step 3: Upload required documents (Aadhaar, PAN, bank statement).
- Step 4: Get approval and receive funds in your bank account.
IndiaLends Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹5,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 36 months |
| Eligibility | Age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | IndiaLends |
About IndiaLends
IndiaLends is a digital lending platform that provides instant personal loans, credit cards, and financial services.
Loan Application Process
- Step 1: Visit the IndiaLends website or mobile app.
- Step 2: Enter your loan requirements and personal details.
- Step 3: Upload required documents (Aadhaar, PAN, bank statement).
- Step 4: Get approval and receive funds in your bank account.
Faircent Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹5,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 36 months |
| Eligibility | Age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Faircent |
About Faircent
Faircent is India's leading Peer-to-Peer (P2P) lending platform, connecting borrowers and lenders directly for fast and easy loans.
Loan Application Process
- Step 1: Register on the Faircent website or app.
- Step 2: Submit your loan request with required documents.
- Step 3: Match with potential lenders.
- Step 4: Get approval and receive funds directly in your account.
Rupifi Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹5,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 36 months |
| Eligibility | Age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Rupifi |
About Rupifi
Rupifi is a B2B embedded finance company offering quick and flexible credit solutions for small and medium enterprises (SMEs).
Loan Application Process
- Step 1: Register on the Rupifi platform.
- Step 2: Complete KYC with Aadhaar and PAN.
- Step 3: Choose loan amount and tenure.
- Step 4: Get approval and receive funds in your account.
Capital Float Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹10,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 6 to 60 months |
| Eligibility | Age 21-60, minimum monthly income ₹30,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Capital Float |
About Capital Float
Capital Float is a leading digital lender providing quick and easy financial solutions to small businesses and individuals in India.
Loan Application Process
- Step 1: Visit Capital Float’s website or app.
- Step 2: Register and complete KYC.
- Step 3: Select loan amount and tenure.
- Step 4: Get approval and receive funds.
Kissht Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹2,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 12 months |
| Eligibility | Age 21-60, minimum monthly income ₹15,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Kissht |
About Kissht
Kissht is a fast-growing digital lending platform offering instant credit for shopping and personal finance needs.
Loan Application Process
- Step 1: Visit Kissht’s website or app.
- Step 2: Complete KYC and enter loan details.
- Step 3: Get instant approval.
- Step 4: Receive funds in your bank account.
Bajaj Finserv Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹5,000 to ₹25,00,000 |
| Interest Rate | 1.5% to 2.5% per month |
| Tenure | 3 to 60 months |
| Eligibility | Age 21-60, minimum monthly income ₹25,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Bajaj Finserv |
About Bajaj Finserv
Bajaj Finserv offers personal loans with flexible tenure and easy approval for various financial needs.
Loan Application Process
- Step 1: Visit Bajaj Finserv’s website or app.
- Step 2: Complete KYC and enter loan details.
- Step 3: Get instant approval.
- Step 4: Receive funds in your bank account.
HDFC Bank Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹40,00,000 |
| Interest Rate | 10.75% to 21.50% per annum |
| Tenure | 12 to 60 months |
| Eligibility | Age 21-60, minimum monthly income ₹25,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | HDFC Bank |
About HDFC Bank
HDFC Bank provides personal loans with competitive interest rates, fast approvals, and minimal documentation.
Loan Application Process
- Step 1: Visit HDFC Bank’s website or app.
- Step 2: Fill out loan application with required documents.
- Step 3: Get instant approval.
- Step 4: Receive funds in your bank account.
ICICI Bank Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹40,00,000 |
| Interest Rate | 10.75% to 19% per annum |
| Tenure | 12 to 60 months |
| Eligibility | Age 21-60, minimum monthly income ₹25,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | ICICI Bank |
About ICICI Bank
ICICI Bank provides personal loans with attractive interest rates, flexible tenure, and instant approval.
Loan Application Process
- Step 1: Visit ICICI Bank’s website or app.
- Step 2: Fill out loan application with required documents.
- Step 3: Get instant approval.
- Step 4: Receive funds in your bank account.
Axis Bank Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹40,00,000 |
| Interest Rate | 10.49% to 21% per annum |
| Tenure | 12 to 60 months |
| Eligibility | Age 21-60, minimum monthly income ₹25,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Axis Bank |
About Axis Bank
Axis Bank offers personal loans with attractive interest rates, flexible tenure, and quick disbursal.
Loan Application Process
- Step 1: Visit Axis Bank’s website or app.
- Step 2: Fill out the loan application with required documents.
- Step 3: Get instant approval.
- Step 4: Receive funds in your bank account.
Kotak Mahindra Bank Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹40,00,000 |
| Interest Rate | 10.99% to 21% per annum |
| Tenure | 12 to 60 months |
| Eligibility | Age 21-60, minimum monthly income ₹25,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Kotak Mahindra Bank |
About Kotak Mahindra Bank
Kotak Mahindra Bank offers personal loans with attractive interest rates, flexible tenure, and quick disbursal.
Loan Application Process
- Step 1: Visit Kotak Mahindra Bank’s website or app.
- Step 2: Fill out the loan application with required documents.
- Step 3: Get instant approval.
- Step 4: Receive funds in your bank account.
Yes Bank Loan Details
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹40,00,000 |
| Interest Rate | 10.99% to 20% per annum |
| Tenure | 12 to 60 months |
| Eligibility | Age 21-60, minimum monthly income ₹25,000, Aadhaar |
| Documentation | Aadhaar, PAN, bank statement |
| Approval Time | Instant to 24 hours |
| App/Website | Yes Bank |
About Yes Bank
Yes Bank provides personal loans with competitive interest rates, easy eligibility, and fast processing.
Loan Application Process
- Step 1: Visit Yes Bank’s website or mobile app.
- Step 2: Fill in the loan application with required documents.
- Step 3: Get instant approval.
- Step 4: Receive loan disbursal in your bank account.
In today’s fast-paced world, financial needs can arise unexpectedly. Whether it’s for medical emergencies, education, or any other urgent requirement, having access to quick and hassle-free loans can be a lifesaver. One of the most significant advancements in the financial sector in recent years is the introduction of loans on Aadhaar. This innovative approach allows individuals to avail of instant loans with minimal documentation, making the process quicker and more accessible.
Why Choose a Loan on Aadhaar Card?
Benefits of Loan on Aadhaar
Minimal Documentation: The primary advantage of a loan on Aadhaar is the minimal documentation required. Since Aadhaar serves as both identity and address proof, the need for additional documents is significantly reduced.
Quick Approval: The e-KYC process facilitated by Aadhaar enables lenders to verify the applicant’s details almost instantly, leading to faster loan approvals.
Convenience: Applicants can apply for loans from the comfort of their homes using their smartphones or computers. The entire process is digital, making it highly convenient.
Accessibility: Loans on Aadhaar are accessible to a wide range of individuals, including those who may not have a traditional credit history. This inclusivity is particularly beneficial for individuals in rural areas or those with limited access to formal banking services.
Security: Aadhaar-based authentication adds an extra layer of security, reducing the risk of identity theft and fraud.
How to Apply for a Loan on Aadhaar
Applying for a loan on Aadhaar is a straightforward process. Here’s a step-by-step guide:
Choose a Lender: Select a lender that offers loans on Aadhaar. Many digital lending platforms and traditional banks provide this service.
Register/Login: Create an account on the lender’s website or mobile app. If you already have an account, log in using your credentials.
Fill the Application Form: Complete the loan application form with your personal details, including your Aadhaar number.
e-KYC Verification: The lender will initiate the e-KYC process using your Aadhaar number. You may need to provide an OTP (One-Time Password) sent to your registered mobile number for verification.
Submit Additional Documents (if required): While Aadhaar serves as the primary document, some lenders may ask for additional documents such as income proof or bank statements.
Loan Approval: Once the verification is complete, the lender will assess your eligibility and approve the loan if you meet the criteria.
Disbursement: The approved loan amount will be disbursed directly to your bank account, usually within a few hours or days.
Conclusion
The advent of loans on Aadhaar has significantly simplified the loan application process, making it more accessible and convenient for individuals across India. With minimal documentation and quick approval times, these loans are an excellent option for those in need of immediate financial assistance. The platforms listed above offer a variety of loan products tailored to different needs, ensuring that you can find the right loan for your requirements. Whether you need a small amount for a short period or a larger loan with a longer tenure, these platforms provide flexible options with high approval chances. Always remember to compare interest rates, tenure, and other terms before choosing a lender to ensure you get the best deal possible.