What is an Aadhar Card Loan?

An Aadhar Card loan is a Personal Loan with a simple process and minimal documentation. Here, the applicants can provide their Aadhar Card as a KYC document to avail of the instant loan. We recommend linking your mobile number to your Aadhar card and PAN card to make the process faster and smoother.

Key Features of Personal Loan on Aadhar Card

Getting an Aadhar Card Loan from Piramal Finance has several benefits -

Zero Foreclosure Charges

Zero pre-payment and foreclosure charges for Personal Loan on Aadhar Card.

No Co-signers/Guarantors:

You do not need a Co-Signer or Guarantor to apply for an Aadhar Card Loan from Piramal Finance.

Digital Documentation

You can avail an instant Aadhar loan by submitting the digital documents online. The process is quick and hassle-free.

Quick Disbursals

Quick sanctions and smooth disbursal processes: You repay your debts or do major purchases, and we will handle all the formalities.

EMI That Fits Your Pocket

There are multiple options for framing an Aadhar Card Loan structure to suit your requirements. We also empower a lot of flexibility in loan tenure, prepayment, and foreclosure.

100% Secure Process

Your privacy and security are our top priorities. Our 100% secure process protects your personal and financial information.

Fees and Charges for a Loan on Aadhar Card

Get an instant loan on Aadhar Card at competitive interest rates. Below is a table of our fees and charges.

Features and FeesDetails
Personal Loan Interest Rates12.99%* p.a. onwards
Loan Amount₹ 25,000 to ₹ 5,00,000
Processing FeesUp to 5% plus applicable taxes
Loan Tenure12 - 60 months
Prepayment Charges ₹ 0
Foreclosure Charges₹ 0
Stamp DutyAt actuals (as per state)
Cheque Bounce Charges₹ 500 plus applicable taxes
EMI Bounce Charges₹ 500 plus applicable taxes
EMI Pickup/Collection Charges₹ 250 per visit plus applicable taxes
Cash Collection Charges₹ 1% of collection amount of Rs. 50000 and above in cash + taxes
Change of Loan Repayment Mode₹ 500 plus applicable taxes
Loan Cancellation after DisbursementInterest accrued and due plus applicable taxes
Loan Repayment Schedule (applicable for physical copies only)₹ 500 plus applicable taxes
Change of Loan Repayment Mode₹ 1000 plus applicable taxes

Documents Required for Availing a Loan on Aadhar Card

Need a Loan on Aadhar Card? Here are some documents you need to submit for the loan application process.

Document TypeFor Self-Employed IndividualsFor Salaried Individuals
ID Proof
ID Proof
Aadhaar card, driving license, passport, pan card, voter id
Residence Address Proof
Aadhar card, voter id, utility bills, driving license
Aadhar card, voter id, utility bills, driving license
Office Address Proof
GST registration certificate
Not applicable
Income Proof
P/L account and balance sheet for the previous three years, ITRs for the last three years, bank account statement of business account
Bank account statement of salary account, salary slip of the last three months, form 16

How to get an Aadhar Card Loan Online?

To avail an instant personal loan on Aadhar card, you need to follow a few easy steps –

  • Step 1: Apply for an Aadhar Card Loan Online-Initiate the process by applying for a loan on Aadhar Card. You need to submit the digital documents where you can use your Aadhar Card for KYC verification. It only takes a few minutes to complete the process.
  • Step 2: Set-Up EMI Cycle- Choose how long you want to pay and set up the monthly payment cycle that works best for you.
  • Step 3: Get the Loan Amount-Piramal Finance will deposit the loan amount directly into your bank account after you complete the process of loan on Aadhar Card.

Factors Responsible for Aadhar Card Loan Interest Rate

The interest rate for a quick personal loan on Aadhar Card typically begins at 12.99% per year. Additionally, the maximum repayment period is five years. The final Aadhar loan interest rate you get depends on factors like your monthly income, employment type, work experience, and age.


To apply for a personal loan on an Aadhar Card, you must be between 21 to 58 years of age. Banks or financial institutions often deem younger applicants as more creditworthy to repay the loan and offer them lower interest rates on Aadhar Card Loan. Older adults aged 50 to 60 may receive a higher interest rate. This is because of their increased likelihood of being unable to repay the borrowed funds.

Employment Status

Applicants of a Aadhar Card loan working in public sector and private sector companies or being self-employed with a minimum of one year of business activity are considered eligible for a personal loan on Aadhar Card. Individuals with higher income certainty and job stability are given more priority and offered lower interest rates than others.

Credit Score

Your credit score helps decide your interest rate. A higher credit score means you're more trustworthy for credit so you might get a lower interest rate on Aadhar Card Loan. However, Piramal Finance offers loans with competitive interest rates even if you have low credit scores.

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Can I get ₹50000 loan on Aadhar Card?
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What is the Credit Score required to avail Aadhar Card Loan?
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