Get 20000 loan on your aadhar card

Are you facing a financial crunch and need immediate funds to cover your expenses? Ram Fincorp's 20000 Loan on Aadhaar Card is here to help! This small cash loan allows you to borrow up to 20000 using just your Aadhaar card as collateral. It's a hassle-free process that saves you from the endless paperwork and lengthy approval times associated with traditional loans

With this loan option, you can easily meet your short-term financial needs without any stress or inconvenience. Whether it's paying pending bills, covering medical emergencies, or handling unexpected expenses, the 20000 Loan on Aadhaar Card provides quick access to much-needed funds.

Gone are the days of waiting for weeks for loan approvals. With an instant Aadhaar card loan, the entire process is streamlined and efficient. You can apply online from the comfort of your home or office at any time that suits you best. Plus, there is no need for physical documentation - simply upload scanned copies of your Aadhaar card and other necessary documents.

The eligibility criteria for this loan are also quite simple. As long as you are an Indian citizen above 18 years of age with a valid Aadhaar card and income proof demonstrating repayment capability, you can avail yourself of this convenient borrowing option.

Furthermore, interest rates and charges associated with this loan are competitive and transparently communicated upfront. Rest assured knowing that there won't be any hidden fees or surprises along the way.

So why wait? Get rid of financial worries in a jiffy by availing yourself of Ram FIncorp's 20000 Loan on Aadhaar Card today! Experience seamless borrowing powered by technology while enjoying flexible repayment options tailored to suit your individual needs

If you find yourself in need of some extra cash, but don't have any collateral or a long credit history, getting a loan can be quite challenging. However, with an Aadhaar card in hand, you have the potential to secure a 20000 loan quickly and easily.

The process is simple and hassle-free. All you need to do is apply for loan at Ram Fincorp. We offer loans on Aadhaar cards and present your card as identification. Since the Aadhaar card contains all your essential details like name, address, and biometric information, it serves as sufficient proof for verification purposes.

Once your identity is confirmed using your Aadhaar card data, you will undergo a quick eligibility check. This involves verifying whether you meet certain criteria such as being above 18 years old and having an active bank account linked to your Aadhaar number.

After meeting these requirements, We will assess your repayment capacity based on factors like income stability and existing financial obligations. If everything checks out positively, we can approve your application and disburse the loan amount directly into your bank account within hours!

So if you're facing a financial crunch or unexpected expenses come knocking at your doorsteps when least expected - don't fret! With just an Aadhaar card in hand, you can get access to instant funds through a small cash loan without any collateral or extensive paperwork.

Obtaining a loan of 20000 on your Aadhaar card is now easier than ever before! With minimal requirements and a hassle-free application process, anyone who meets the following eligibility criteria can avail this loan:

• Age: You must be at least 21 years old to apply for the loan.
• Indian Citizen: Only individuals with Indian citizenship are eligible for this loan.
• Valid Aadhaar Card: Since it is an online process, having a valid Aadhaar card is essential.
• Income Stability: We have stable income criteria and your salary should be 28000 or more.
• Good Credit History: Although having a good credit score is not mandatory for such small cash loans, it can positively impact your chances of approval and may even lead to better interest rates.
• Bank Account: It's important to have an active bank account as the approved funds will be directly credited into it.

By meeting these basic eligibility requirements, you can easily qualify for an instant 20000 loan using just your Aadhaar card! So why wait? Take advantage of this convenient lending option today!

---

LOAN MODEL

• Loan Amount: - 5,000 to 2,00,000
• Interest Rate: - Up to 36% per annum
• APR: 36% MAX
• Age: - 21 to 55 years
• APR 36 % Max.
• Late payment fee - as applicable (Charged only, if repayment is delayed)
• Processing Fee: - Up to 5%
• Loan tenure: - 90 days to 365 days
• Pre-closure charges – As applicable

Sample Loan Calculation

• Loan amount: ₹ 30,000 at interest rate of 30% p.a.
• Loan Duration: 3 Months
• Total personal loan interest = ₹ 2,250
• Processing fees (PF) + GST = ₹ 500 + ₹ 90 = ₹ 590
• Total Deductibles (PF + GST): ₹ 590
• In-Hand Amount: Loan Amount - Total Deductibles = ₹ 30,000 - 590 = ₹ 29,410
• Total repayable Amount (Loan Amount + Interest): ₹ 32,250
• Monthly EMI Repayable (Loan Amount + Interest / No of EMI's): ₹ 10,750
• PF + GST are deducted upfront during the loan disbursal.

When it comes to availing a loan on your Aadhaar card, understanding the interest rates and charges is crucial. Ram Fincorp offers loans up to 20000 on your Aadhaar card with competitive interest rates and minimal charges.

The interest rate for a 20000 Aadhaar card loan starts at just 0.8%. This means that you can get the financial assistance you need without worrying about hefty interest payments. The exact rate may vary depending on factors such as your credit history and repayment capacity.

In addition to the interest rate, there are a few other charges associated with availing an Aadhaar card loan. These include processing fees and late payment fees if applicable. However, Ram Fincorp aims to keep these charges as low as possible for the convenience of borroweIt's important to note that while the interest rates and charges play a significant role in deciding which lender to choose for your loan needs.

At Ram Fincorp we strive to provide our customers with transparent terms and conditions along with affordable interest rates and minimal charges for their convenience.

Pan Card

Indian Resident

Salaried or Self Employed

Aadhaar Card

When applying for a 20000 loan on your Aadhaar card, there are certain documents you will need to provide. These documents serve as proof of identity and income verification, ensuring that you meet the eligibility criteria set by the lender.

You will need to provide a copy of your Aadhaar card. This serves as the primary document for identification purposes and is mandatory when applying for an Aadhaar card loan.

In addition to your Aadhaar card, most lenders require additional KYC documents such as a PAN card or passport. These documents further validate your identity and help establish your creditworthiness.

Then, you will need to show proof of income. This can be in the form of salary slips or bank statements showing regular income deposits. We want assurance that borrowers have a stable source of income to repay the loan amount.

You also need to provide address proof documents like utility bills or rental agreements. This helps establish where you reside and provides another layer of verification.

By providing these necessary documents accurately and promptly, you increase your chances of getting approved for a 20000 loan on your Aadhaar card quickly and hassle-free! So gather all required paperwork before starting the application process to ensure smooth processing!

• Easy Application Process: The application process for an instant Aadhaar card loan is simple and straightforward. You can apply online by providing basic details such as your name, contact information, and Aadhaar number. There is no extensive documentation required.
• Quick Approval: Once you submit your application, the approval process is swift. Within minutes, you will receive confirmation regarding the status of your loan application. This means that you can access funds almost instantly when you need them the most.
• Minimal Eligibility Criteria: To be eligible for a 20000 Aadhaar card loan, all you need is a valid Aadhaar card issued by the Government of India and proof of income to demonstrate repayment capacity.
• Flexible Repayment Options: Ram Fincorp offers flexible repayment options for its borrowers' convenience so that they can repay their loans without any financial strain or burden.
• Low Interest Rates & Charges: Enjoy competitive interest rates and minimal charges on your instant Aadhar card loan from Ram Fincorp, ensuring affordability throughout the repayment period.
• No Collateral Required: Unlike traditional loans where collateral may be necessary to secure borrowing amounts, an instant Aadhar card loan does not require any collateral submission or asset pledging.
• Multiple Usage Purposes: Whether it’s paying medical bills, covering educational expenses or meeting unexpected emergencies – an instant Rs 20000 small cash loan on your Aadhaar Card provides you with the flexibility to use the funds for various purposes.