You can get a ₹10,000 loan using your Aadhaar card by applying through online lending platforms or mobile apps that offer instant loans against Aadhaar. These platforms typically require minimal documentation and use Aadhaar authentication for quick disbursal.

Step-by-Step Guide to Get a ₹10,000 Loan on Aadhaar Card

1. Ensure Aadhaar-Mobile Number Linkage: Make sure your Aadhaar card is linked to your mobile number. This linkage is essential for OTP-based verification, which is often used by lenders for authentication during the loan application process.

2. Choose a Lender: Research and choose a lender that offers small loans based on Aadhaar verification. Many digital lending platforms and banks provide instant loans that can be disbursed quickly upon approval.

3. Online Application Process:

  • visit the lender’s website or download their mobile app.

  • Register or log in using your Aadhaar-linked mobile number.

  • Fill out the loan application form, providing accurate personal and financial details.

  • Upload necessary documents, which may include Aadhaar card, PAN card, and bank statements.

4. Verification and Approval:

  • The lender will verify your details, including Aadhaar authentication.

  • Some lenders may require additional documents or information for verification purposes.

  • Upon successful verification, your loan application will be processed for approval.

5. Disbursement of Loan Amount:

  • Once approved, the loan amount (₹10,000 in this case) will be disbursed directly to your linked bank account.

  • The disbursal time may vary depending on the lender, but many offer instant or same-day disbursal for small loans.

Tips for Borrowers:

  • Compare Interest Rates and Fees: Before applying, compare interest rates, processing fees, and other charges across different lenders to choose the most cost-effective option.

  • Ensure Repayment Capability: Borrow responsibly and ensure that you can comfortably repay the loan within the stipulated time to avoid penalties and maintain a good credit score.

  • Maintain Good Credit History: Timely repayment of loans helps in building a positive credit history, which can enhance your eligibility for future loans and better terms.