- Instant Aadhar Loan are provided in the range of Rs. 10,000 to Rs. 5,00,000.
- The tenure ranges from 90 days to 6 months.
- The interest rate ranges from 6 to 24%. The exact interest rate depends on the customer and their risk profile.
- Example:
Loan amount - ₹1,00,000
Interest rate – 18% p.a.
Tenure – 3 months
Processing Fee – 0
Interest for 3 months - ₹4500
EMI - ₹34,833 p.m.
Maximum APR – 18%
Therefore, the total cost of the loan is ₹4500
The total amount to be paid back, all-inclusive will be ₹1,04,500.
The Instant Aadhar Loan App is an instant loan platform that aids in providing an array of loans to its users instantly. This Instant Aadhar Loan App tends to its users’ money needs online. This application makes sure that the entire process is quick, easy, safe and seamless.
This is an instant personal loan app that provides instant loans online in the range of Rs. 10,000 to Rs. 5,00,000. One can apply for an instant loan through the app to receive a direct cash transfer to the bank account of the required loan amount. Apply for easy loans through the loan app download from the play store.
The Instant Aadhar Loan App has partnered with NBFC lending partners that are registered with the RBI. Some lending partners include – Social Worth Technologies Pvt. Ltd., Finnovation Tech Solutions Pvt. Ltd., Paysense Services India Pvt. Ltd., Bhanix Finance and Investment Ltd., etc.
The various types of instant loans provided by the Loan App are –
Personal loans for Salaried – Professionals who draw regular salaries can receive advance salary loans to cover small and urgent needs.
Small Personal Loans – One can get a small personal loan online. These small loans can be for up to amounts of Rs. 60,000 which can be repaid in 12 months.
Cash Loan – this type of loan covers monthly grocery bills, fees, outstanding bills, etc.
Loans for Self-employed – we provide loans to self-employed professionals too.
Features –
The features of the loan app include –
- The process is completely online.
- It provides fund safety.
- The application is protected by an advanced server.
- The loan transfer is done via the bank account.
- The loans are safe.
- Offers an intuitive and hassle-free experience.
- Has a user-friendly interface.
- The application is easy to use.
- Adheres to RBI’s practice code and offers best practices in fair digital lending.
- Minimal documentation is required.
- Provides instant approval of loans.
- Offers easy loan repayment through various modes.
Eligibility –
- The person ought to be an Indian National.
- Has a stable source of monthly income.
- Should be between 20 to 60 years of age.
Documents required –
- Photos
- PAN card
- ID proof (any 1) - Driving License/Voter ID/Passport/Aadhaar Card
- Address proof (any 1) - Driving License/Voter ID/Passport/Aadhaar Card/Utility bills
- Bank statement for 3 months (salary credit proof)
- Aadhar card
How to use it?
- Install the app.
- Log into the loan app through your credentials or social media accounts.
- Fill in the basic details about yourself.
- Evaluate your personal loan eligibility.
- Submit the documents for KYC.
- Apply for a loan or personal loan online.
- Once the application is approved, the loan amount is transferred directly to the bank account.
Security –
The data of our users is secured and transferred over a secured connection with a 128-bit SSL encryption. We do not share the collected information of our users with anyone. We aim to provide the best security and protection to our clients.
In case of any feedback, queries or grievances, feel free to get in touch with us!