Whether it’s a medical emergency, business expansion, or a personal dream — you can now get loans without visiting a bank, without heavy paperwork, and without collateral. Surprised? Let’s explore how you can unlock instant loans using just your Aadhar and PAN card!
Can You Really Get a Loan With Just an Aadhar Card?
Yes, absolutely! Many top banks and NBFCs in India now offer personal and business loans purely on the basis of your Aadhar Card and PAN Card — no need to submit dozens of documents or show income proof in many cases.
Here’s why this is a game-changer:
- No CIBIL score barriers
- No collateral or guarantor required
- Approval within 24 hours
- Entire process online
- Disbursal directly to your bank account
Best Apps and Banks for Instant Loan with Aadhar Card
If you need a quick personal loan between ₹10,000 to ₹5,00,000, these platforms can help:
| App/Bank | Loan Amount | Approval Time |
|---|---|---|
| PaySense | ₹5,000 – ₹5 Lakhs | Within 1 day |
| CASHe | ₹10,000 – ₹3 Lakhs | Within minutes |
| Bajaj Finserv | ₹30,000 – ₹25 Lakhs | Within 24 hours |
| HDFC Bank | ₹50,000 – ₹40 Lakhs | Same-day approval |
| SBI Xpress Credit | ₹25,000 – ₹35 Lakhs | Instant via YONO |
Types of Loans You Can Get Using Aadhar Card
| Loan Type | Loan Range | Interest Rate | Use Case |
|---|---|---|---|
| Personal Loan | ₹10K – ₹5 Lakhs | 12% – 24% | Emergency, Travel, Marriage |
| Business Loan | ₹50K – ₹30 Lakhs | 10% – 18% | Small Business/Expansion |
| PMEGP Loan | ₹2 Lakhs – ₹25 Lakhs | Govt. Subsidy | Startups with subsidy benefits |
| MUDRA Loan | ₹50K – ₹10 Lakhs | 7% – 12% | Micro businesses and startups |
What Documents Are Needed?
All you need is:
- Aadhar Card
- PAN Card
- Active Mobile Number linked to Aadhar
- Bank Passbook / Statement
- Optional: Income proof for higher loans
How to Apply for PMEGP Government Loan (Upto ₹25 Lakhs)
The Prime Minister’s Employment Generation Programme (PMEGP) provides business loans with subsidy benefits up to ₹25 lakhs.
Step-by-Step PMEGP Loan Application:
- Visit the official KVIC website
- Click on “Online Application”
- Enter your Aadhar and mobile number
- Upload your business project report
- Submit documents to the nearest bank
