The Aadhaar Card advance is one of the simple and collateral-free, personal advances which can be availed seamlessly with the help of the Aadhaar card that processes the verification easily and quickly. Having your Aadhaar card, you won’t have a problem getting a advance amount of ₹50,000, which fits for immediate needs or emergent circumstances.
What Is An Aadhaar Card advance?
An Aadhaar card advance is a type of personal advance in which the usage of an Aadhaar card for verification is mandatory. For instance, it is a collateral-free product for Indian borrowers to facilitate funds without approaching any guarantor or submitting a pile of documents. Since Aadhaar is biometrically integrated, the KYC, or the Know Your Customer process benefits the lenders as well as the borrowers in terms of time taken for approval.
Aadhaar Card advance- Eligibility Criteria
To apply for an Aadhaar card advance, applicants must meet the following basic eligibility requirements:
- Possession of Aadhaar Card: This also means that all applicants are required to possess a valid UIDAI Aadhaar card.
- Indian Citizenship: This is only the citizens of India.
- Age Requirement: Candidates for the programme must be 20 to 60 years of age.
Aadhaar Card advance- Documents Required
To apply for a advance using your Aadhaar card, you’ll need the following documents:
- Aadhaar Card: Used to prove the identity and address of the individual involved in a transaction.
- Income Proof: Other requirements that can be used to prove that you can repay the advance include; bank statements, income certificates, or pay slips of the head of the family.
For the complete set of information regarding the Aadhaar Card advance, Its eligibility criteria and documents required read the comprehensive article on Jaagruk Bharat.
advance Amount and Terms
Through an Aadhaar card, individuals availing advance amounts between ₹5,000 and ₹25 lakh based on one’s credit appraisal. For a ₹50,000 advance, no further security is needed, and if you do not get a salary slip, bank statements for the last six months can be presented. This data is then beneficial to lenders to determine the final advance amount and qualifying involving flexibility for different financial purposes.
Aadhaar Card advance- Step-By-Step Application Process
For detailed guidance on how to apply for the Aadhaar Card advance read the step-by-step guide provided by Jagruk Bharat titled Get A ₹50,000 advance Using Your Aadhaar Card.
Conclusion
An Aadhaar card advance is a perfect offer for all those who try to gain money rapidly without lots of paperwork. If you are in a position where you encounter the urgent and unavoidable need to pay or in case you need some ready emergency cash, applying for ₹50,000 advance with an Aadhaar card is very convenient and satisfies many of your needs.
Visit Jaagruk Bharat today and learn how new government programmes that suit you are offered!
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