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Can I use my Aadhar Card to Apply for a Loan if my Address on the Card is Different from my Current Residential Address?

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What if the address on your Aadhar card is different from the one you are currently living at? Can you still apply for a personal loan? Read on for the answer.

Yes, you can still use your Aadhar card to apply for a loan even if the address on the card is different from your current residential address. In most cases, lenders allow applicants to use their Aadhar card as a valid identification document regardless of the address mentioned on it. However, the process may vary depending on the lender's policies and the specific type of loan you are applying for.

When applying for a loan with a different address than what is mentioned on your Aadhar card, the lender may request additional address proof documents to verify your current residential address. These documents could include:

1. Utility bills (electricity, water, gas) in your name showing the current address.
2. Rental or lease agreement.
3. Bank statement with the current address.
4. Voter ID card with the current address.
5. Passport with the current address.
6. Driving license with the current address.

The lender may accept one or more of these documents to verify your current residential address. By providing additional address proof, you ensure that the lender has accurate and up-to-date information to process your loan application.

It's important to check with the specific lender or financial institution you are applying to for their exact requirements regarding address verification. Different lenders may have slightly different procedures, so it's always best to clarify their policies before proceeding with the loan application.