FAQ

Frequently Asked Questions

Q. What's a Personal loan?

A Personal Loan is a form of credit that a person receives to make a big purchase. It aims to help you with your financial needs. There is no conventional mortgage system while availing a personal loan & the authorities provide you with the flexibility to use the funds as per your needs.

We provide flexibility to user to avail loan amount from us starting from ₹ 50.0 K. This limit can go upto ₹ 40.0 Lacs.

Yes, we are able to provide you with our services from anywhere in India. Just Log on to Aadhar Credit to avail instant personal loan.

No, a CIBIL score isn’t mandatory to avail loan through Aadhar Credit.

To apply for a Personal loan through Aadhar Credit, customer
• Should be an Indian Citizen,
• Should have a valid email address & mobile number,
• Should have a valid 12-digit Aadhaar Number issued by the UIA. It serves as a proof of identity and address, anywhere in India.
• Personal Bank account with an access to Net Banking.

As per Aadhar Credit policy, you need to have at least one of the mentioned documents, to apply for a Personal loan.

Yes, one can re-apply for a Personal loan, however, it is subject to conditions depending on the applicant’s credit history.

The interest rates offered here at Aadhar Credit are based on various factors such as loan amount, tenure, credit score, etc. It may vary from customer to customer.

No, there is no loan pre-closure charges.