Apply for an Aadhaar Card Loan Online with Qbera today. Submit your documents online and get your loan amount within 24-48 hours!
If you have an Aadhar card, you can apply for loan online using it. Aadhar card is a 12-digit unique identification number assigned to the residents of India. It is a biometric ID program that aims to provide a valid residence proof to all citizens of India. Earlier, financial institutions depended on various documents as proof of identity and residence with limited ways to cross check the documents. The details of a citizen can be cross-checked using e-KYC online. Aadhar cards have made online loan application process easier and faster. The bank, NBFCs and Fintech’s only need to access the e-KYC to get all the information needed.
Also, there is no capping on the possibilities of an Instant personal loan. Unlike home loan or vehicle loan which has to be used to buy a house or vehicle, you can use personal loans in n diverse ways. You can plan a long-awaited luxury vacation, renovate or upgrade your home, and fund your education or your marriage. You can use the amount from your instant loan and pay it off in easy and affordable EMI’s.
The Eligibility criteria are quite simple too. Where banks and NBFCs rely almost completely on your CIBIL score, Fintech companies like Qbera use advance risk assessment algorithms and consider your socio-economic profile and Aadhar card details along with your CIBIL score to arrive at a decision. While a credit score of 750 and above is considered by banks, the fintech also considers marginally low scores as well. Also, there are more than 7 lac companies that are registered in their data base, so the probability of your loan being approved is high.
The minimum eligibility is-
• You must be a salaried individual
• You must have a min net salary of Rs.20 000/-
• You must be above 23 years of age and less than 55 years
• Minimum CIBIL score of 575 and no defaults in the last 24 months
And the documents that needs to be given are:
1. Aadhaar Card
2. PAN Card
3. Proof of address
4. Salary and income documents
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
"I am really happy that I got a loan from Qbera. My application has been rejected by lenders in the past without giving any explanation for rejection. Qbera approved my loan with minimum documents. Thanks a lot once again."
I did not want to make many enquiries as many requests can lower the CIBIL score. I contacted Qbera on a Monday and by evening itself they had an offer for me. They kept me informed through every step of the process and were also flexible with regards to my commitments. In the end, the loan was disbursed within two days of documents submission. Thank you Qbera for simplifying the process and helping me find a loan. " Show more...
"It was a nice experience with Qbera. I have never seen such an easy process for getting a loan, especially when you need it the most. Thank you Qbera for your support."
"I had a hassle-free experience with Qbera. It was a very easy application procedure and in a short span of 3 days I got my loan credited to my account. Thank you so much for the support Team Qbera"
"It was very easy to get a loan from Qbera. I just applied on their website and got a confirmed offer immediately. The amount was transferred soon after. Will give it 5 out of 5"
"It's good and quick response from the Qbera team to get the loan. They are very good at the communicating the things properly and appropriately"