Is aadhar card mandatory for a marriage loan

The aadhar card was launched by the government as a requirement for citizens to use certain services. These are services offered by the government and the private sector. Avail the best marriage loan with www.buddyloan.in, know your credit score and get maximum benefits with it. The PAN card is used when

·         Applying for a SIM card

·         Applying for a PAN number

·         Open bank accounts

·         Apply for a passport

·         Loan application process

·         Process tax remittance among other uses

Benefits of the Aadhaar card

·         A single identity for every Indian

·         Easy Access to Financial Services

The aadhar card makes it easy to access financial services and improves the ease with which KYC is conducted by the bank

·         Single document for multiple proofs like citizenship, address, age, photo, and identity

Given the number of personal details on the card, then it can prove more information than any other document.

·         The card allows you to confirm your identity very fast and without any confusion. Therefore you will get the money credited into your account as fast, and you get on to using the money.

Impact on Personal Loans

The banks no longer require the customer to have a string of documentation when they apply for the buddy loan. The aadhar card covers up for that. The best wedding loan providers require you to link your online platforms with your aadhar card.

This document is widely accepted by all honeymoon loan providers. You may also get an aadhar card based loan which requires you to submit the following documents for salaried people

Residence proof: Passport/Ration Card/ Driving License/Utility Bill/Rent Agreement

Latest Form 16

Income Proof:

·         Last three months’ bank statements or six months bank passbook

·         Last three months’ salary slips or current salary certificate

For self-employed people, they need to submit the following

• PAN Card of the applicant or their company/firm
• Latest ITRs along with income computation, balance sheet, profit & loss statements – all certified by a CA.
• Business continuation proof
• Photographs
• Proof of Identity: Aadhar Card/PAN Card/Passport/Voter ID Card/Driving License
• Residence proof: Passport/Ration Card/ Driving License/Utility Bill/Rent Agreement
• Income Proof: Latest 6 months’ bank statements

If you don’t have an aadhar card, then you can fill Form 60, and you set in motion your aadhar card application process. The card allows you a host of advantages across all private sector and government services. The application process is easy and fast. Once you fill in the form and submit the required documents, then you are on your way to getting the number.