How Could We Take A Loan Through An Aadhar Card

Hello friends, how are you all ? We bless that you all are spending a peaceful time with your friends and family. You all know that we are facing tragedies like   coronavirus and our government decided to lock down the whole country which pushed the whole financial works across the country and this results in the loss of jobs due to loss of money sources for people. People start facing many problems regarding financial support and start purchasing loans from different – different banks . As we all know that everybody needs money to fulfill their basic needs in daily life and if they are unable to earn enough money to fulfill their need then themselves and their families face many problems as other people start hating them and they are not allowed to participate in any cultural and regional works. To avoid this difference between different peoples, government is running several programs in which the government are helping poorer peoples by providing them loan facilities and other helps as …

  • Government are giving money to build their home.
  • They are giving money to support agriculture.
  • They are giving money to avoid community differences.

Friends, we feel happy to inform you that you can also claim for a loan only by your aadhar card. So friends, if you are also facing such types of problems and want to take a loan, then you should read today’s whole blog in which we are discussing How Could We Take A Loan Through an Aadhar Card. Let’s start this blog.


How Could We Take A Loan Through An Aadhar Card:- 

As you all know that At present, the Aadhar card has become a very necessary thing for an Indian citizen in many ways as it is necessary for many things like paying income tax, availing any government subsidy etc. However, instead of this we  can also claim for a loan through our aadhar card . And it is also a topic of confusion that by using aadhar card could we take a loan or not… and this a worth thinking topic on google . The confusion among people about whether a loan is given on an Aadhar card or what is an Aadhar card loan. In this blog, we will tell you How To Take A Loan From An Aadhar Card and how much loan is available on Aadhar. To know How Could We Take A Loan On Aadhar Card we should first understand the defination of a loan and how many types of loan are available.


What Is A Loan :-

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations in cash ,Check Payment and other mediums. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed in a decided period of time, lets know about the type of loans..


Types of lone:-


  1.   Personal Loans 
  2.   Home loans
  3.   Secured loans
  4.   Business loan
  5.   Gold loans


  1.     Personal Loans :-

Most of the banks offer personal loans to their customers and the money can be used for any expense like paying a bill or purchasing a new thing like – Car, Television, Home Appliances and Other Things. Personal loans are the broadest type of loan category taken by the customers and typically have repayment terms between 24 and 84 months. 


  1. Home loan :-

Many people are Homeless and are searching for a home on their budget and according to some people, home loans are a very secure mode of finance that give you the chance of buying a home by applying funds to buy or build the home of your choice. 


  1. Secured loans :-

In this type of loan the customer has to pay some security to the lender . When you have a loan as the last option to fulfill some need then secured loans are an easy choice in which a secured security is given to the lender and you leverage personal property to obtain the loan. If you are unable to pay the proper loan and find a defaulted loan, the property you have submitted as security will be transferred to the lender.


  1. Business loan :-

A business loan is a type of loan specifically taken intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest,  and sometime the lender company will be work as a partner in your business and the profit will be distributed equally until the loan will cleared


  1. Car finance :-

A car loan helps you to pave the path between your dream of owning a car and actually buying your car, in this type of loan company gave you a fixed amount which you have to pay monthly or weekly until the amount of car is covered with their respective profit.


  1. Gold loans :-

Gold loan (also called loan against gold) is a secured loan taken by the borrower from a lender by pledging their gold articles (within a range of 18-24 carats) as collateral. The loan amount provided is a certain percentage of the gold, typically 80%, based on the current market value and quality of gold.

Now we are going to discuss How Could We Take A Loan On an Aadhar Card .


How Could We Take A Loan On Aadhar Card :-


If you discuss a loan with your nearby people, you heard that many of the people are facing problems regarding their low financial status. Many of them think that just like getting a loan against a credit card, one can also take a loan using an Aadhar Card. However, some people will tell you there is no loan that you can get just because you have an Aadhar card. Hence, terms like “Aadhaar Card Loan”, “Loan Against Aadhar Card” or “Personal Loan against Aadhar Card” can be misleading. An Aadhar card is one of the essential documents that are used while applying for a loan. You can get a loan using your Aadhar card, provided you fulfill other bank conditions. If you are in need of a loan, then you should read below mentioned points in which we are telling you about How We Could Take A Loan Through An Aadhar Card.  We are providing some loan rates and terms of the major banks/lending institutions, you can check them out, compare and choose the loan for yourself. Here we are giving a list of some bank loans below…





(Starting )

HDFC Bank 11.0%   
SBI Bank 10.55% – 15.05%
Punjab National Bank 9.80% – 16.35%
Axis Bank 10.49%
ICICI Bank 10.75%   
Indusind Bank    10.49%
Kotak Mahindra Bank 10.99%
Bajaj Finserv 10.49%
IDFC First Bank 13.00%   
Tata Capital 10.99%


So here we gave you the list of banks and their loans provided for citizens. In the above table we can observe that IDFC First bank is taking the highest loan interest over a single loan for every year. And it’s very good news for you that your favorite bank The Punjab National Bank is providing you the least loan interest for a year. Now let’s talk about  How We Can Take A Loan Through an Aadhar Card  .


How we can take a loan through an aadhar card:-

Friends, as we all know that loans could be taken from many companies, here we are explaining some different methods from which we can take a loan through Aadhar Card.


  1. PAYTM Loans :-

Friends, you all are aware about Paytm . Paytm is one of the most popular online transaction apps all over the world. Its full form is Payment Through Mobile. It is an e-commerce shopping app and website and its main office is situated in Noida, Uttar Pradesh, India. It started with mobile recharge and utility bill payments and today it has become a full marketplace and has around 100 million registered users. Through this we can pay our electricity bill, shopping, mobile phone recharges and other groceries. But did you know that you can also take a loan from Paytm through an Aadhar card? If you also want to take a loan from Paytm through your aadhar card then you have to follow the important points mentioned below.


  • First of all you have to open your Paytm app from your mobile phone.
  • After opening the app, you will find a search box near the Paytm logo  and Open this search box .
  • In the search box you have to search “loan” .
  • After searching the app will show you all the related loans on your screen, from where you have to choose the loan which you want to take.
  • After selecting the type of loan You have to fill a form including your name, age, pan card details and your Aadhar Card details.
  • After adding details,the app will ask you that How Much Loan You want.
  • Once you select your loan limit, confirm by clicking the confirm button and your loan is ready.


  1. Paisa bazaar loan service :- 


Step 1:- First of all you have to open the paisa bazaar loan website on your google to start the personal loan application form.

Step 2:- After opening the website than Enter the required information and click on agree to agree the given terms and conditions.

Step 3:– After this, enter your mobile number in the mobile number section and an  OTP will be sent to your number, enter it and know which personal loan offers you are eligible for .

Step 4:- Compare your choice of personal loan offers and choose the one that best suits your needs and apply.


So friends this was the blog written by us in which we learnt about How Could We Take A Loan Through Aadhar Card . Thanks for reading our blog , please give your feedback by commenting in the comment section, stay connected with us for more blogs Thanks a lot !!


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