New Delhi. Uncertainty always remains in life. No matter how good plans we make, suddenly some unforeseen circumstances arise, that challenge our strategies. In such a situation, lack of money is a problem that we do not want at any cost. In today's fast-paced life, we often need money. If you have an Aadhaar card, you can easily get a personal loan. Many banks provide personal loans up to ₹ 50,000 on your Aadhaar card, so that you can easily meet your financial needs.

The Aadhaar card is an important government identification document. It can also be used as a valid document to obtain a personal loan. However, an Aadhaar card alone is not enough for a personal loan. You will need some additional documents to prove your income and occupation. Personal loans are usually unsecured, meaning you do not need to mortgage any property. At Kotak Mahindra Bank, you can apply for a personal loan using your Aadhaar card along with your other required documents.

How to get a ₹50,000 personal loan on an Aadhaar card?
The process of getting a personal loan on an Aadhaar card is quite simple. If you meet the eligibility conditions, you can apply for it online or by visiting a bank branch. You can get a loan in just 30 minutes by following some simple steps. Once the loan is approved, the loan amount is deposited directly into your bank account.

Benefits of a ₹50,000 Personal Loan
A ₹50,000 personal loan provides you with instant funds that you can use for various needs:

Helps in emergencies: A loan of ₹50,000 can help you with medical emergencies, home repairs, or other emergency expenses.
Simple application process: Applying for a personal loan is quite easy. You can apply online or visit a bank branch directly.
Low documentation requirement: You only need the necessary documents like an Aadhaar card, PAN card, and income proof for this loan.
Quick approval: Kotak Mahindra Bank completes your loan application process quickly and provides you with the loan amount within 30 minutes.
Fulfill your dreams: A loan of ₹50,000 can help you fulfill various goals, such as travel, education, or starting your own business.
How to get a ₹50,000 personal loan on an Aadhaar card?
Follow the following steps to get a ₹50,000 personal loan on an Aadhaar card:

Meet the eligibility criteria: You must fulfill the following criteria to be eligible for a personal loan:

You must be an Indian citizen.
Your age should be between 21 and 60 years.
Your monthly income should be ₹15,000 or more.
You must have valid documents approved by the government.
Apply for a loan: After meeting the eligibility criteria, you can apply for a personal loan online or through a mobile app.

Understand the loan terms: After the loan application, you need to understand the loan terms, including the interest rate, repayment tenure, and other charges.

Receive loan amount: After you accept the loan terms, the loan amount is credited to your bank account.

EMI for ₹50,000 Personal Loan up to 6 years
For example, Kotak Mahindra Bank personal loan interest rates start at 10.99%. You can choose from a flexible tenure between 1-6 years that suits you. Kotak Mahindra Bank EMI calculator gives you your EMI and interest amount.

You can evaluate the interest and EMI for a ₹50,000 loan using the following data: