Aadhaar is one of the mandatory documents to submit, while applying for a personal loan. Not only does it help in loan approvals but also as a better Proof of Identity. It is an all-purpose card to confirm that you’re the citizen of India. For loan aggregators with 80% approval rate, Aadhaar card is a key proof for sanctioning loans.
Buddy Loan is reputed in the industry, for higher beneficiaries. Personal loan approvals are easy if your documents are set and are handy. For any loan approval, they require minimal documents.
There are flexible loan repayment options on comprehensive tenures at Buddy Loan. It is easier for borrowers to access loans for commercial and personal purposes.
Buddy Loan & Minimal Documentation
All business loans & personal loans need mandatory linking of Aadhaar card & transactional account details. Buddy Loan requires your Aadhaar card and PAN card details for checking your eligibility criteria. It can help you avail loans at competitive interest rates & in other comprehensive financial solutions.
All banks, NBFCs, financial firms require KYC documents and that’s why, Aadhaar card serves as a better proof of identity. In the past 2 year, India’s financial services are easier to avail without middlemen. Thanks to Aadhaar card, it has transformed financial services for people from different walks of life.
Besides opting for a loan, borrowers can apply for a new job opening, play games & make money. Shop online with Buddy Loan’s unique offers. Download the latest app and enjoy the innumerable benefits.
Personal Loan with Aadhaar Card
Aadhaar card can serve as an identity proof for both short term & long-term loans. The borrower can avail large or small amount with Aadhaar as the base identity document. Note that the turnaround time after submitting the loan application is usually less than 15 mins.
The borrower can avail a personal loan for personal or commercial reasons. At Buddy Loan dispenses personal loans at lower interest rates starting at 11.99% pa. It would also depend on lenders. Each lender has different set of rules subject to personal loan approval.
The loan tenure varies between 1 to 5 years. The key benefit of Aadhaar here is, it serves as age proof, identity proof, photo identity proof, and address proof. Availing a quick loan with Aadhaar is now easy.
Conclusion
Check your eligibility criteria and get your credit history report before availing a loan. There are multiple lenders at Buddy Loan to help you find a better fit for any financial shortcoming. There are instant approvals on emergency loans too.