How to avail of a ₹10,000 loan on Aadhaar card verification online

  • Updated on: 22 Jan 2024
  • Published on: 5 Jul 2023
How to avail of a ₹10,000 loan on Aadhaar card verification online

Availing of personal loans to effectively manage your plan as well as unexpected financial expenses has become remarkably hassle-free. The advancement of technology in the financial sector has accelerated the time it takes to apply and get approval for a personal loan. Yet another benefit is that you get the loan without collateral, which means that you can avail of funds without risking your valuable assets.

Nowadays, you can effortlessly secure a ₹10,000 personal loan with the help of your Aadhaar card. By simply verifying your Aadhaar card as a part of the KYC mandate, lenders can process your application and disburse the required funds. Just ensure that you meet the eligibility criteria set by the lender, comply with the required KYC parameters and simply apply for a loan.

Read on to know more about the process of availing of a ₹10,000 loan on Aadhaar card verification.

Features of a ₹10,000 loan on Aadhaar card verification

Nowadays, Aadhaar cards are acceptable as a single validation of your ID and address proof. With advancements in fintech, many lenders offer e-KYC, so you can easily get a loan with your Aadhaar card.

Check out some advantageous features of getting a personal loan with Aadhaar card verification.

  • Experience quick disbursal of funds

You can swiftly get access to the requested funds by providing your Aadhaar card details to the lender, be it a loan of ₹5 lacs or ₹10,000. It facilitates quick verification of your identity and residence, which in turn, speeds up the approval and sanction process.

  • Choose from flexible repayment tenures

If you intend to avail of a ₹10k loan through your Aadhaar card, you have the flexibility of choosing a repayment tenure suitable to you. Depending on the lender, you may have the option of choosing a tenure going from 3 months to 5 or more years. So, select the duration that best aligns with your finances.

  • Enjoy simple application and minimal paperwork

Obtaining a personal loan through your Aadhaar card eliminates the requirements of tedious paperwork and builds trust. You simply need to add the information provided on your Aadhaar card to check your eligibility for the loan. This also helps lenders verify your identity faster and without needing a lot of other documents.

Eligibility criteria for a loan of ₹10,000

Lenders set eligibility criteria for loans to assess your creditworthiness and to effectively manage the risk associated with lending funds. On Fibe, you can get an instant cash loan of ₹10,000 by meeting these simple terms:

  • You must be a resident of India
  • You need to be between the age of 21 and 55 years
  • Your minimum in-hand salary requirement is ₹15,000/month if residing in non-metro cities and ₹18,000/month if you are staying in metro cities

Steps to apply for a ₹10,000 personal loan

With the help of these steps, you can conveniently send in your Fibe loan application for ₹10,000.

Step 1: Register on the Fibe website or use the instant loan app
Step 2: Share some basic information and provide your Aadhaar card number
Step 3: Check your loan eligibility and enter the required loan amount along with the tenure
Step 4: Get instant loan approval and upload your KYC documents
Step 5: Get the required amount instantly in the bank account you have provided

At Fibe, obtaining a ₹10,000 personal loan is a breeze. Our alternate credit scoring mechanism allows you to get funds even without a good credit score and requires the most basic documents. A reliable and secure platform, Fibe enables you to apply for a ₹10k loan with your Aadhaar card conveniently online. Simply download the Fibe app or apply on the website today.

FAQs on ₹10,000 loan on an Aadhaar card

Is it easy to get a ₹10,000 personal loan?

Yes, you can easily get a loan of ₹10K with the help of your Aadhaar card. Many lenders, like Fibe, offer personal loans for your planned or unplanned financial requirements.

Can I get a ₹10,000 loan without a salary slip?

Yes, you can get a personal loan even if you are not able to present your salary slips. This usually requires you to share your bank statements of an account linked to your salary.

How to get ₹10,000 instantly?

If you need a ₹10,000 loan urgently, you can get the funds by availing of an instant personal loan at Fibe on the website or through the app. Provide your details, follow the easy application process and await approval.

What is the EMI for a ₹10,000 loan?

The EMI depends on the interest rate charged on your personal loan as well as the repayment tenure. For instance, your EMI for a ₹10,000 loan at an interest rate of 14% p.a. for a tenure of 12 months will be ₹950.

Which app can give me a ₹10,000 loan?

You can get a loan of ₹10,000 using the Fibe app. Download the app from the App Store or Google Play and register. Fill out the application and submit your KYC details and supporting documents. After approval, you will receive the funds in your account within minutes.


Our top picks

Can Millennial Stress be Resolved by Financial Wellness?
Finance | 3 mins read
How Organisations Can Measure the Impact of Financial Wellness Programs
Finance | 3 mins read
How Can HR help Overcome Staffing Challenges in the Digital Age?
Corporate | 3 mins read
5 Signs of A Good HR Function
Corporate | 3 mins read