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We serve loans, the best way you can borrow
Need money fast but tired of endless paperwork? Your Aadhar card might be the answer to your cash problems. Money troubles hit when you least expect them – medical bills pile up, family occasions demand attention, or home repair can't wait another day. Getting a ₹2 lakh loan on Aadhar card feels like a blessing when banks turn you away because of complicated processes. The digital revolution has made borrowing easier than ever – now, you can apply from your phone and receive funds the same day without stepping out.
Your financial freedom matters more than fancy paperwork or complex processes that waste precious time and energy.
You need only your Aadhar card and basic details to start the application process. No need for stacks of income proof or property documents that traditional lenders demand.
The approval happens within minutes once you submit your application. Your urgent money needs won't stay urgent for long with such speed.
Apply from anywhere using just your mobile phone. No more standing in queues or taking time off work to visit physical branches.
Interest rates for ₹2 lakh loan on Aadhar card typically range between 12% to 36% per annum, depending on your profile and repayment capacity. Many digital lenders offer competitive rates compared to traditional money lenders, who charge exorbitant amounts.
Your credit score affects the rate you receive – better scores mean lower rates and improved terms. First-time borrowers might face slightly higher rates, but building trust with timely repayments helps reduce them in future applications. lendingplate provides transparent rate structures with no hidden charges – unlike many others in the market. Always compare different offers before finalising to ensure you're getting the best possible deal for your situation.
Financial stress feels overwhelming when unexpected expenses arrive at your doorstep without warning or when opportunities slip away.
Fast Disbursal
Your approved loan amount reaches your bank account within 30 minutes. Money arrives when you need it most – not days later when the moment has passed.
Flexible Usage
Use your loan amount for any legitimate purpose without restrictions. Whether it's medical needs, education costs, or home repairs – the choice remains entirely yours.
No Physical Verification
Everything happens digitally through secure channels. Save time and energy that would otherwise go into meeting loan officers or branch visits.
Knowing your monthly payment obligation helps you plan finances better and avoid stress later. For a ₹2 lakh loan on Aadhar card, EMI depends on the interest rate and tenure you choose. A 12-month tenure at 18% interest means approximately ₹18,439 monthly payments while extending to 24 months reduces it to about ₹10,117.
lendingplate offers a user-friendly EMI calculator on their website where you simply enter the loan amount, interest rate, and tenure to see instant results. Lower EMIs might seem attractive but remember they increase total interest paid over time.
Your financial journey shouldn't be complicated by unnecessary hurdles that keep money out of reach when you need it most.
Age requirement – Must be 21 years or older
Income stability – Steady monthly earnings above ₹20,000
Valid identification – Aadhar card linked to mobile
Bank account – Active account for fund transfer
Employment Status – Salaried or self-employed individual
Getting a loan shouldn't mean drowning in paperwork that takes days to gather just to face rejection after all that effort.
Aadhar Card for identification verification
PAN Card for tax and identity purposes
Salary slips or bank statements showing earnings
Recent passport-sized pictures for the application form
The last three months of transaction history
How to take loan on Aadhaar card? Smart preparation increases your chances of quick approval when every minute counts in financial emergencies.
Check Eligibility First
Verify that you meet basic requirements before applying. It prevents wasted time on applications that might face automatic rejection due to eligibility issues.
Complete Documentation
Have all required documents ready in digital format. Clear scans of all papers help speed up verification without back-and-forth communication requesting better copies.
Apply During Working Hours
Submit your application during business hours for faster processing. Applications received late evening might wait until the next business day for processing and approval.
Maintain Good Credit
Pay existing loans and bills on time. Your payment history affects approval chances and interest rates offered on the new application for a loan on Aadhar card online.
lendingplate understands emergencies don't wait for perfect timing or ideal circumstances – that's why they offer an instant personal loan on Aadhar card with minimal documentation.
Get loan on Aadhar card today – apply online in minutes and experience financial freedom without the wait!
With lendingplate, you can get your answer to “can I get loan on Aadhar card.” The approval process takes just minutes after document submission. The money typically reaches your account within 30 minutes once approved. The entire process – from application to disbursal usually completed within the same day, unlike traditional banks – which might take days or weeks.
While a good credit score helps secure better interest rates, lendingplate considers other factors too. You can still get loan on Aadhar card with an average credit history if your income stability looks promising. The platform uses alternative assessment methods beyond traditional credit scoring to evaluate your repayment capacity.
The loan amount varies based on your income, repayment capacity, and relationship with lendingplate. Your Aadhar serves as identification rather than determining the loan amount. First-time borrowers might start with smaller amounts, while those with a good repayment history can access the full ₹2 lakh loan on Aadhar card.
lendingplate maintains complete transparency with a processing fee between 1-5% of the loan amount. Other potential charges include a 5% foreclosure fee if closed before the first due date and ₹500 mandate return fee. All charges appear clearly during the application process, with no surprises later in your loan journey.
Taking multiple loans on Aadhar card online simultaneously isn't recommended as it affects your debt-to-income ratio. Most lenders, including lendingplate, check your existing obligations before approval. Instead of multiple loans, consider a single higher-amount personal loan that covers all your financial needs at once.
lendingplate uses bank-grade encryption technology to protect all your personal information during the application process. Your Aadhar details stay securely stored with access restricted to authorised personnel only. The platform complies with all regulatory requirements regarding data protection and shares information only with credit bureaus and regulators as legally required.
Unifinz Capital India Limited is a Non Banking Finance Company (NBFC) registered with the Reserve Bank of India (RBI). lendingplate is the brand name under which the company conducts its lending operations and specialises in meeting customer’s instant financial needs.
