An Instant medical loan using an Aadhaar card procures seamless features and benefits which cannot be ignored when a medical emergency strikes. Let’s have a look at the features and benefits of availing of an instant loan using an Aadhaar card and how it works well when a medical emergency occurs:
• Instant approval and disbursal with real-time verification
• Flexible repayment option starting from 6 months - 24 months
• Affordable interest rate with low processing fees
• Collateral free loan, only your income is the collateral for getting a loan
• Using Aadhaar card
• No physical documentation is required
• Credit score is not the only criteria to get the loan approval
An emergency loan is an instant cash loan easily available online with various trusted financial institutions and NBFCs. The lenders witnessed the need for emergency funds. Thus, instant personal loan apps were created with a simple interface for fast approval using basic documents like Aadhar card:
Step1: Install the instant cash loan app via Google Play Store from your android phone.
Step 2: Register with your mobile number or email id
Step 3: Enter the required loan amount, tenure and monthly EMI calculated using the in-built loan EMI calculator
Step 4: Further, enter your Aadhaar card number and PAN card number for E-KYC verification
Step 5: Mention the purpose of the loan
Step 6: Finally, after the documents are submitted and verified, the loan is directly disbursed to your bank account
With the above loan procedure, it is evident that without an Aadhaar card, you will not be eligible for a medical emergency loan. Moreover, the loan application can get rejected if the borrower’s Aadhar details are missing.
Hero Fincorp offers a wide range of financial products including Personal Loans for personal needs, Business Loans to support business growth, Used Car Loans for purchasing pre-owned vehicles, Two-Wheeler Loans for bike financing, and Loan Against Property for leveraging real estate assets. We provide tailored solutions with quick processing, minimal paperwork, and flexible repayment options for smooth and convenient borrowing experience.