The festival of Holi is coming, extra money is needed in the festival season. Because festivals incur extra expenses. In such a situation, if you have also suddenly needed money, then the Aadhar card kept in your pocket can be useful for you. Let us tell you that you can also apply for a personal loan through Aadhaar card only. Also, you do not need to go anywhere to apply for this loan, you can get a personal loan sitting at home. For this you have to follow a process. Let us know what is the process of getting personal loan through Aadhaar:
Process to take personal loan through Aadhaar
1) To take a loan from Aadhaar, first of all go to the official website of the bank from where you want to take the loan. You can also visit the bank’s mobile application. You have to login through your mobile number and OTP.
2) Here you have to choose the option of personal loan. Here you will have to check whether you can get a loan or not. Then check the amount and proceed.
3) After this, you have to fill your necessary information which includes name, date of birth, home address, office address etc. After this some documents have to be uploaded. This is called KYC.
4) After this you have to enter your Aadhar number.
5) If your loan is approved, instant cash will be credited to your account.
keep these things in mind
Some banks and finance companies offer loans after obtaining an Aadhaar card as it contains the card holder’s biometric data which helps lenders verify your authenticity and identity more quickly and easily. However, for this, the app needs to have a good credit score. There are also many banks which provide personal loan only through Aadhar card. Many big banks like SBI, HDFC, Kotak give loan through Aadhar card.