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Loan on Aadhar Card

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Valid till 31st May '26 *T&C Apply
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₹65k Cr+Loans Disbursed
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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

What is a Personal Loan on Aadhaar Card

Aadhaar Card is a crucial document used for identity and address verification when you apply for a personal loan. Banks, NBFCs and digital lenders use your Aadhaar while onboarding you as a consumer to verify your identity and address. Since Aadhaar is a digital identity linked to your mobile number, it is used by financial institutions for e-KYC (electronic Know Your Customer) or digital verification, through OTP. In some cases, lenders also need a self-attested copy of your physical Aadhaar card for documentation and physical verification.

Documents Required to Submit During Aadhaar Personal Loan Application

Aadhaar Card cannot be a standalone eligibility document for loan approval. Here are the other documents required by lenders for the loan application process:

  • PAN Card, Passport, Voter ID Card for identity and address proof.
  • Salary slips of the last 3 months, bank statements of the last 6 months, ITRs and Form 16 for income proof for salaried applicants.
  • Audited balance sheet, P&L statements, etc, for income proof for self-employed applicants.
  • Employment details, such as offer letter and business details, such as certificate of incorporation for salaried and self-employed individuals, respectively.

Instant Personal Loan through Aadhaar Card

Aadhar Card allows most banks, NBFCs and fintech lenders to verify your identity and address for instant personal loan applications. For instance, IndusInd Bank (a Paisabazaar partner) offers an instant personal loan wherein no physical documents are required. The applicant needs to keep the PAN number and Aadhaar number handy to get started with the online application process. This is also useful for faster disbursal of pre-approved offers.

Aadhaar Card Loan Eligibility Criteria

Credit Score 750 or above preferred
Age 18 to 60 years
Income Minimum net monthly income: Rs 15,000
Work Experience Minimum 6 months to 1 year

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Fees & Charges for Aadhaar Card Loan

Fees/Charges Description
Processing Fee 0.5% to 4% of the loan amount, capped by some lendersMost lenders (such as SBI, PNB, Central Bank of India) provide a 100% waiver on processing fees to defense sector employees and pensioners.
Stamp Duty Charges As per actuals
Duplicate NOC Usually around Rs 300-Rs 500
Prepayment or Foreclosure Charges Usually 2% to 5% on the principal outstanding for fixed-rate loans;NIL for floating rate loans
Document Retrieval charges Usually around Rs 500
Penal Charges on Late or Missed EMI Payments Usually 2% to 3% per month on EMI overdue. Some banks (such as HDFC Bank) provide a grace period of around 3 to 7 days, during which late EMI payments may not incur charges.
Loan Cancellation Charges Usually around Rs 3,000
Loan Statement Charges Up to Rs 500 per statement
Repayment Mode Swap Charges Around Rs 500 per transaction
Documentation Charges Around Rs 500
GST Applicable @ 18% to all processing fees and charges

Considerations When Using Your Aadhaar Card for Applying Personal Loan

  • For OTP verification, your mobile number should be linked to your Aadhaar Card.
  • Use only trusted/reputable marketplaces or lenders registered with the RBI.
  • Watch out for fake personal loan apps asking for Aadhaar Card and other important document uploads.

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

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Avail Personal Loan for
All Your Needs

FAQs

You cannot get a personal loan based on only your Aadhaar Card. Lenders may ask for income proof and other supporting documents to determine your personal loan eligibility.

Lenders usually provide personal loans of up to Rs 40 lakhs based on your credit score, monthly income, occupation profile, etc.

Co-applicants are usually not necessary for a personal loan on Aadhaar Card. However, it depends on the lender’s policies.

Your personal loan eligibility for Rs 50,000 will be evaluated once you submit your online loan application using your Aadhaar Card and if you meet the lender’s eligibility criteria.

Lenders usually prefer a credit score of 750 and above for the loan approval process.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Shamik Ghosh

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