Aadhar Card loan: You will get the loan on an Aadhar card, no need for a guarantee.
Aadhar Card loan: You will get the loan through the Aadhar card. You can get a loan through an Aadhar card. If you don’t believe it, then we tell you that it is absolutely true. You can get a loan of up to Rs. 50,000 through Aadhar card. Under this scheme, they can take a loan on an Aadhaar card without any guarantee. Now the question is, how does this scheme work?
In 2020, the Union Government launched the Pradhan Mantri SwaNidhi Yojana to help small traders during the COVID-19 pandemic. Its objective was to make small traders and street vendors self-reliant. Powered By All those who come in direct contact with the vice president will undergo antigen testing. Let us tell you that in this, traders are initially given a loan of up to Rs 10,000.
If they repay it on time, then later they can get a loan of up to Rs 20,000, and if they repay on time, then the loan amount will increase to Rs 50,000. The loan has to be repaid in installments over 12 months. Now the most important question is how to apply for a loan. So for this, first of all, you need to have an Aadhaar card, through which you can apply for this scheme by going to any government bank, or you can apply directly on the portal or by going to any Common Service Center (CSC). You can apply in your area. Remember that to get the benefits of this scheme, your Aadhaar must be linked to your mobile number. If you apply for a loan online, then it will be required for e-COBOS or Aadhaar verification.
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