05
Oct
A personal loan is availed to manage various sorts of unprecedented financial needs. Previously the time consumed for a unique loan process and the verification was pretty extensive. It was stressful for the borrower. Public, private, or other NBFC lenders require several documents to process a personal loan. Since a personal loan is provided without collateral security, the documents required had to be credible, such as the verification. However, with the innovation of Aadhar cards, the number of papers demanded by banks and lenders have been reduced. Aadhar Card - The Unique Biometric Identification System Aadhar is a unique twelve-digit…