What CIBIL score is required to avail ₹20,000 Personal Loan on Aadhaar Card?
The CIBIL score required to avail of a Rs 20,000 personal loan on an Aadhaar card can vary with lenders. Generally, a credit score of more than 650 is considered good.
What is the minimum age to apply for ₹20,000 personal loans by Aadhaar card?
The minimum age to apply for a Rs 20,000 personal loan by Aadhar card is 21 years. The maximum age is 65 years.
Do I need a salary slip to avail 20000 personal loan on Aadhaar card?
While some lenders might require a salary slip to avail 20,000 personal loans on an Aadhar card, others might not. This will depend on the list of documents your chosen lender requires to process the loan.
How do I get a small cash loan on an Aadhaar Card?
To get a small cash loan on an Aadhar card, visit your lender’s website, sign in and share the required details and loan requirements. Next, upload a copy of your Aadhar card and PAN card. Once your application is approved, the lender will disburse the loan directly into your account.
Can I apply for a small cash loan on my Aadhaar card if I have a low credit score?
Unfortunately, a low credit score reduces your chances of getting a small cash loan on your Aadhar card. Aim to maintain a CIBIL score of 685 or higher for a smooth application.
Can a salaried person apply for Rs 20,000 Aadhaar card loan, if he is earning Rs 15,000 per month?
Yes, a salaried person can apply for a Rs 20,000 Aadhar card loan, even if they’re earning Rs 15,000 per month. Lenders consider many criteria other than income, such as your CIBIL score, credit history, age, residential status, etc., to approve or reject the loan application.
How much loan can I get with a CIBIL score of 700?
The loan amount you can get with a CIBIL score of 700 depends on your chosen lender’s policies and eligibility criteria.
What credit score is needed for a Rs 20,000 Aadhaar card loan?
A credit score of 650 and higher will help qualify you for a Rs 20,000 loan. However, the approval of the loan will depend on other factors, such as age, current liabilities, income, etc.