A wedding is one of the most important occasions in one’s life, and it comes with a host of expenses. To help you finance your dream wedding, Aadhaar Cash (Aadhaarcash.Limited) offers wedding loans at attractive interest rates. In this article, we will explore Aadhaar Cash ‘s wedding loan interest rates and eligibility criteria to help you make an informed decision.
Aadhaar Cash Wedding Loan Interest Rates
The interest rate offered depends on various factors such as the loan amount, repayment tenure, and creditworthiness of the borrower. The interest rate offered is fixed and remains the same throughout the loan repayment period. Aadhaar Cash also charges a processing fee of up to 0% of the loan amount, which is deducted from the loan amount at the time of disbursal.
Aadhaar Cash offers you hassle-free financial support up to 50 lakhs at @7.00% ROI with min@7.5% to max@8.5% APR with a repayment period of a min 1 year to a max of 20 years, and zero processing fees.
Suppose,
The Loan Amount is 10,000, Interest Rate is 7% p.a, and Loan Period is 1 Year. Then the total repayment amount after 1 year is 10,000 + 700(7% ROI) = Rs 10,700
Aadhaar Cash Wedding Loan Eligibility Criteria
To be eligible for a wedding loan from AadhaarCash , the borrower must meet the following criteria:
- Age: The borrower should be between 21 to 65 years of age.
- Employment: The borrower should be employed or self-employed with a stable income. Aadhaar Cash checks the employment stability and income of the borrower to determine their creditworthiness.
- Credit Score: Aadhaar Cash checks the credit score of the borrower to determine their creditworthiness. A good credit score indicates that the borrower has a history of timely repayment of loans and credit card bills.
- Income: The borrower should have a minimum income of Rs. 5,000 per month.
- KYC Documents: The borrower should have valid KYC documents such as Aadhaar card, PAN card, and address proof.
Aadhaar Cash Wedding Loan Application Process
To apply for a wedding loan from Aadhaar Cash (Aadhaarcash.Limited) , follow these simple steps:
- Visit the Aadhaar Cash website or visit the nearest Aadhaar Cash branch to apply for a wedding loan.
- Fill in the loan application form by providing details such as loan amount, repayment tenure, and purpose of the loan.
- Submit the necessary documents such as KYC documents, income proof, and bank statements.
- Wait for the loan approval, which usually takes a few days.
- Once the loan is approved, the amount is disbursed to your bank account.
Benefits of Aadhaar Cash Wedding Loan
- Competitive Interest Rates: Aadhaar Cash (Aadhaarcash.Limited) offers wedding loans at competitive interest rates, which are lower than other traditional banks and lending platforms. This helps borrowers to save on interest costs and reduces the burden of loan repayment.
- Flexible Repayment Options: Aadhaar Cash offers flexible repayment options that allow borrowers to choose a repayment tenure that suits their financial situation. This helps borrowers to manage their finances better and reduces the stress of loan repayment.
- Large Loan Amount: Aadhaar Cash offers wedding loans up to Rs. 20 lakh, which can help borrowers to finance their dream wedding without any financial stress.
- Quick Disbursal: Aadhaar Cash offers quick disbursal of loans, usually within a few days of loan approval. This helps borrowers to meet their financial needs without any delay.
Conclusion
Aadhaar Cash ‘s wedding loan is a great option for those who want to finance their dream wedding without any financial stress. With attractive interest rates and flexible repayment options, Aadhaar Cash (Aadhaarcash.Limited) wedding loan can help you manage your finances better and enjoy your special day to the fullest. However, before applying for a wedding loan, it is important to evaluate your financial situation and ensure that you can repay the loan on time.
