Aadhar Card Loan

Get instant loan on Aadhar card of up to Rs. 40 Lakhs at rate of interest starting from 10.50% p.a. (8.35% p.a. for government banks) and tenure up to 5 years. The loan can be availed of online easily and the requirement for document is minimal.


What is Aadhar Card Personal Loan?

Earlier, people had to furnish many documents for address and identity proof to get a personal loan resulting in confusion and delay. Today, you can use an Aadhar card as single document for the complete KYC process. Now banks can do e-KYC using an Aadhar card. As a result, you can get access not only to different types of personal loans but also other financial services.

List of Top Banks and NBFCs Using Aadhar Card as Primary Identity Proof

Personal LoanFeaturesDocuments Required
HDFC Personal Loan
  • Interest Rate: 10.75% p.a.
  • Processing Fee: Up to 3.5% of loan amount
  • Loan Amount: Up to Rs. 40 Lakhs
  • Tenure: 1-5 years
  • Aadhaar Card or any document as KYC proof
  • 3 months’ bank statement
  • 2 latest salary slips
  • Latest Form 16
ICICI Personal Loan
  • Interest Rate: 10.80% p.a.
  • Processing Fee: Up to 2.50% of loan amount + GST
  • Loan Amount: Up to Rs. 50 Lakhs
  • Tenure: Up to 6 years
  • KYC documents
  • Residence proof
  • Latest 3 months bank statement.
  • Salary slips of last 3 months
  • Office address proof, residence proof or office ownership for self-employed
Bajaj Finserv Personal Loan
  • Interest Rate: 11% p.a. onwards
  • Processing Fee: Up to 4.15% of loan amount + GST
  • Loan Amount: Up to Rs. 25 Lakhs
  • Tenure: Up to 5 years
  • Aadhaar card, voter ID card or driving license.
  • Employee ID Card
  • Salary slips of last 2 months
  • Salary account statements of the last 3 months
Tata Capital Personal Loan
  • Interest Rate: 10.99% p.a. onwards
  • Processing Fee: Up to 2.75% of loan amount + GST
  • Loan Amount: Up to Rs. 25 Lakhs
  • Tenure: Up to 6 years
  • Aadhaar Card/ Voter ID/ Passport/ Driving License
  • Ration Card/ Electricity Bill/ Passport
  • Salary slip of last 3 months
  • Bank statements of last 6 months
  • Interest Rate: 13% – 24.03% p.a.
  • Processing Fee: Up to 2% of loan amount + GST
  • Loan Amount: Up to Rs. 5 Lakhs
  • Tenure: Up to 3 years
  • Aadhaar Card
  • Pan Card
  • Aadhaar Card or any other acceptable document as proof of identity & address
  • Interest Rate: 16% p.a. onwards
  • Processing Fee: Up to 2% of loan amount + GST
  • Loan Amount: Up to Rs. 5 Lakhs
  • Tenure: Up to 5 years
  • 1 recent photograph
  • Aadhaar Card or any other acceptable document as proof of identity & address
  • PAN Card
  • Salary slips
  • Last 2-3 years’ ITR for self-employed

Features & Benefits of Aadhar Card Personal Loan

Key features of Aadhaar Card Loan are:

  • Loan amount: Minimum Rs. 10,000 to Rs. 50 Lakhs loan on Aadhar Card can be availed
  • Rate of interest: Personal Loan Interest Rates start from 10.49% p.a. for private lenders and 8.35% p.a. for public sector banks.
  • Tenure: Usually personal loan repayment tenure varies between 1 to 5 years. However, some banks may provide tenure of up to 72 months.
  • Processing fee: Up to 2% of the sanctioned amount for an Aadhar Card Loan.
  • Prepayment charges: Up to 4% of the outstanding loan amount.
  • TAT: TAT  Full form is Turn Around Time. Depending on each lender’s process, the turnaround time of an Aadhar Card Personal Loan may vary between a few hours up to a few days. Some mobile based apps also disburse the loan amount within a few minutes.

Key benefits of Aadhaar Card Personal Loan are:

  • Easy access to loans and other financial services as service providers ask their customers for Know Your Customer (KYC) documentation and Aadhar is the best way to prove your identity and citizenship.
  • Single document for multiple proofs like citizenship, address, age, photo, and identity.
  • The card can also be used for e-KYC, i.e., online verification.
  • Application process gets simplified and fast.
  • One document (Aadhaar Card) can be used for age proof, identity proof, photo identity proof, and address proof. Also you can check importance of PAN Aadhar link to enjoy other benefits at one go.
  • At times, you don’t even have to provide a copy of an Aadhaar Card, only the 12-digit UID number is enough.

Eligibility Criteria for Aadhar Card loan

  • Age: The applicant must be minimum 21 years old when applying for the loan and maximum of up to 60 years (60 years for self-employed) at loan maturity.
  • Credit score: To be eligible for an Aadhar Card Personal Loan your credit score must be 750 or above.
  • Salary: The minimum net monthly income required to apply for the loan is Rs. 25,000.
  • Minimum work experience: You must have a total work experience of minimum 2 years and at least 1 year of experience with the current organisation.
  • Years in current residence: You must be residing in your current residence for at least last 1 year.

Aadhar Card Loan FAQs

How can I get an instant loan from an Aadhar card?

  • Visit the official website of the lender.
  • Check your personal loan eligibility.
  • Apply for a personal loan online by submitting your personal and financial details.
  • The bank’s representative will call you to verify your details.
  • On verification, submit the scanned copy of Aadhaar Card as KYC proof along with other documents online.
  • On successful verification, the sanctioned loan amount will be credited to your bank account.

What is an Aadhar Cash loan?


Under the Aadhar Cash loan, you can get personal loan up to Rs. 50 Lakhs on your mobile at an interest rate starting from 7% p.a. There is no processing fee involved in this loan.

How much loan can I get on an Aadhar card?


You can get up to Rs. 40 Lakhs loan amount on an Aadhar card, depending on your requirement, eligibility and the lender’s policy.

Is it mandatory to have an Aadhaar Card to avail a Personal Loan?


No. Although an Aadhaar Card can be helpful, it is not mandatory to have it when applying for the loan. You can use Passport, Driving License or other documents (as accepted by the lenders) for KYC.

How much CIBIL score is required to avail Aadhaar Card Personal Loan?


You must have a CIBIL score of 700 or above to avail an Aadhaar Card Personal Loan