How to get a loan of up to Rs 50,000 on the basis of Aadhaar, how will the installment calculation be made?

How to get a personal loan of up to Rs 50,000 with Aadhaar card and what will be its EMI, know the complete process. Income certificate will have to be given along with Aadhaar card. Loan can be availed for 1 to 6 years.

Uncertainty always remains in life. No matter how good plans we make, suddenly some unexpected circumstances arise, which challenge our strategies. In such a situation, lack of money is a problem that we do not want under any circumstances. In today’s fast-paced life, we often need money. If you have an Aadhaar card, you can easily get a personal loan. Many banks provide personal loan up to ₹ 50,000 on your Aadhaar card, so that you can easily meet your financial needs.

Aadhaar card is an important government identity document. It can also be used as a valid document to get a personal loan. However, Aadhaar card alone is not enough for a personal loan. You will need some additional documents to prove your income and occupation. Personal loans are usually unsecured, meaning you don’t need to pledge any property. At Kotak Mahindra Bank, you can apply for a personal loan using your Aadhaar card along with other required documents.

How to get ₹50,000 personal loan on Aadhaar card?

The process of getting a personal loan on Aadhaar card is quite simple. If you meet the eligibility conditions, you can apply for it online or by visiting a bank branch.You can get the loan in just 30 minutes by following some simple steps. Once the loan is approved, the loan amount is deposited directly into your bank account.

Benefits of a ₹50,000 Personal Loan

A ₹50,000 personal loan provides you with instant money that you can use for various needs:

• Help in emergencies: A ₹50,000 loan can help you with medical emergencies, home repairs or other emergency expenses.
• Simple application process: Applying for a personal loan is quite easy. You can apply online or visit a bank branch directly.
• Less documentation required: You only need the necessary documents like Aadhaar card, PAN card and income proof for this loan.
• Fast approval: Kotak Mahindra Bank completes your loan application process quickly and provides you with the loan amount within 30 minutes.
• Fulfill your dreams: A ₹50,000 loan can help you fulfill various goals, such as travel, education or starting your own business.

How to get a ₹50,000 personal loan on Aadhaar card?

Follow the steps below to get a ₹50,000 personal loan on Aadhaar card:

Meet eligibility criteria: You must meet the following criteria to get a personal loan:

• You must be an Indian citizen.
• Your age must be between 21 and 60 years.
• Your monthly income must be ₹15,000 or more.
• You must have valid documents approved by the government.

Apply for a loan: After meeting the eligibility criteria, you can apply for a personal loan online or through a mobile app.

Understand loan terms: After applying for a loan, you need to understand the loan terms, including the interest rate, repayment period, and other charges.

Receive loan amount: After accepting the loan terms, the loan amount is credited to your bank account.

₹50,000 personal loan EMI up to 6 years

For example, Kotak Mahindra Bank personal loan interest rate starts at 10.99%. You can choose from a flexible tenure between 1-6 years that suits you best. Kotak Mahindra Bank EMI calculator gives you an idea of ​​your EMI and interest amount.

You can evaluate the interest and EMI for a ₹50,000 loan using the following data:

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com