Aadhaar Card is one of the key KYC documents which can be considered as an identity and address proof while applying for
personal loans online. The impact of the Aadhar card has reduced the time taken for personal loan approval. It is now easy to apply for e-Aadhar as one just needs to fill the e-Aadhaar application form online, and register for e-KYC documents. Likewise, you can easily download your Aadhaar card online.
Individuals can download their e-Aadhaar now in two ways as seen below.
Method 1 - Using Aadhaar Enrollment Number
You can use the 28 digit enrolment number which you have been provided while applying for Aadhaar card. This you need to enter along with your Full Name (as in the Aadhaar card) and Pin code. OTP gets received on your registered mobile no. You can now make use of TOTP to download e-Aadhaar instead of OTP. TOTP gets generated using the mAadhaar mobile application.
Method 2 - Using Aadhaar Number
You can download e-Aadhaar via the 12 digits Aadhaar number provided. You should provide your Full Name particulars as in Aadhaar card and Pin code. While downloading OTP gets received on your registered mobile number. You could even use TOTP for downloading e-Aadhaar instead of OTP. TOTP can be got by making use of the mAadhaar mobile application.
How to download your Aadhaar Card online?
Once you get your Aadhar ID provided by UIDAI, you can download and print your card online through the following step
Step 1
Go to the official website of Aadhaar
https://myaadhaar.uidai.gov.in/
Step 2
Choose the Download Aadhaar option from the My Aadhaar tab or else go to the link
https://myaadhaar.uidai.gov.in/
Step 3
Click the Aadhaar Number option
Step 4
Key in your 12-digit Aadhaar Number, Security Code. Select the Send OTP option for receiving the one-time password on your mobile number registered with UIDAI
Step 5
Clicked the Masked Aadhaar tab in case you want Masked Aadhaar.
Step 6
Key in the OTP received and select the Verify and Download option
Step 7
On successful verification of your Aadhaar details, a password-protected PDF of your Aadhaar card will get downloaded in your Downloads folder.
To be able to open the file, you have to enter an 8-character password. The password is a combination of the first 4 letters of your name in capital letters (name should be as mentioned in the Aadhaar Card) and year of birth in YYYY format.
It is now very easy to avail of a loan through your Aadhaar card.
Loan apps like SimplyCash, powered by Hero FinCorp, now provide instant personal loans on an Aadhaar card. Personal loans are available up to a maximum of Rs.1.5 lakhs, having a low rate of interest starting from 11% per annum.
The simple download method from Google Play Store and easy application interface makes SimplyCash an amicable personal loan app. While availing of a loan you must keep your Aadhaar card and PAN card handy as they are mandatory documents.
The simple method of downloading the Aadhar card through the SimplyCash app is to just enter the Aadhar card number and PAN card number for a personal and professional evaluation. Hence, Aadhar and PAN cards are mandatory documents when availing of a personal loan via SimplyCash.
Steps to use an Aadhar card to avail of a personal loan online
1. Install an
instant loan app on your phone or visit the loan provider's website
2. Register with your mobile number and email id
3. Enter the mobile number that is linked to your Aadhar card for ID and address verification
4. Enter the 12-digit Aadhar card Number as KYC proof
5. Some websites may require a scanned copy of the Aadhar card with other income-related documents
6. After verification of the submitted documents, the sanctioned loan amount will be credited directly into your bank account
With the launch of the Aadhar card, many people find it easy to apply for loans online. The process has become hassle-free as one document serves as a proof for identity, address, age, and citizenship.