Identity verification is an essential step during loan applications. Lending institutions may rely on processes such as Know Your Customer (KYC) to verify an applicant’s identity and address before approving the loan request. For this KYC process, many documents have to be submitted by the applicant, among which the PVC Aadhaar card has become a leading choice.
A PVC Aadhaar is issued by the Unique Identification Authority of India (UIDAI) and serves as a valid source of identification. Owing to its durability it is a practical document for those wanting to experience a smooth loan application process.
What is a PVC Aadhaar card and why lenders prefer it for loan KYC verification
A PVC Aadhaar card is an official document printed on Polyvinyl Chloride (PVC), a durable plastic commonly used for identity cards. It is compact and designed to handle daily wear and tear. Although its format is different from that of an Aadhaar card, the information printed and the legal validity are the same as the original Aadhaar card.
The card has various features that make authentication during KYC checks simple and secure:
- Tamper-proof QR code
- Micro text
- Ghost image
- Issue and print date details
- Guilloche pattern
- Hologram
These features make it easy for lending institutions to verify identity and may then simplify the KYC process. As the PVC Aadhaar is durable and printed professionally, the information can remain legible longer, compared to paper-based documents.
As the QR code on the PVC Aadhaar makes the verification process quicker, some applicants may use this alternative yet valid document when applying for personal loans that require KYC verification.
How a PVC Aadhaar card is different from a regular Aadhaar printout
Although both documents contain the same Aadhaar information, there are certain differences in the PVC Aadhaar and a regular Aadhaar printout:
Material
A PVC Aadhar card is printed on durable plastic, while a standard printout is paper-based. This makes the PVC card more resistant to wear and tear, folding, moisture and other types of damage.
Portability
The PVC Aadhaar is a credit- or debit-card-sized card that easily fits in a wallet. A paper printout, on the other hand, is larger and requires folding. With time, creases may affect the ability to read information off the printout.
Security
UIDAI has added various security features that help establish the document’s authenticity and reduce the risk of tampering. These features are generally not available on standard paper Aadhaar printouts.
It is important to note that despite there being differences between these formats, both are equally valid under UIDAI guidelines. An individual can use the Aadhaar letter, e-Aadhaar, mAadhaar, or PVC Aadhaar card as identity proof.
However, a PVC Aadhaar is much more durable than the other options. It may also offer greater convenience and enhanced security, which makes it a practical choice for routine identity verification, including loan applications.
How to order your PVC Aadhaar card online from the UIDAI portal
UIDAI allows Aadhaar holders to order a PVC card from its official website. The process can be completed online and is straightforward. The steps to order the PVC Aadhaar are:
- Visit the official UIDAI website.
- Choose the ‘Order Aadhaar PVC Card’ option under the ‘My Aadhaar’ tab.
- Enter your number as on the Aadhaar and complete the CAPTCHA.
- Click on ‘Send OTP’ and enter it.
- Review the displayed Aadhaar details.
- Make the applicable payment.
- Submit the request and note the Service Request Number (SRN) to track the application.
Once the request is processed, UIDAI will print the card and dispatch it through the post to the address on the Aadhaar card. Using the SRN, the application status can be tracked from time to time.
Any individual with a valid Aadhaar number, including Non-Resident Indians (NRIs) and minors, can apply for a PVC Aadhaar card.
Why submitting a PVC Aadhaar card speeds up your personal loan KYC process
When an individual applies for a personal loan, documentation can be important in determining how fast the application moves forward through the verification stages. A PVC Aadhaar can speed up the process in the following ways:
- Card durability: The card is designed to be durable and readable, which may enable a smooth KYC experience. Even after consistent use, the information printed on the card remains visible, which may reduce the chances of verification delays caused by unreadable documents.
- Secure QR code: The presence of this code can lead to quick verification of Aadhaar details. As lending institutions verify identity information before approving and processing loans, documents that can be verified swiftly may help streamline the KYC stage.
- Reduced complications: Many lending firms may offer digital, simplified loan application processes. In such cases, having documents that are clearly printed can help reduce complications during the documentation process.
- Seamless process: Borrowers applying for personal loans must ensure that the documents they present are current, verifiable, and accurate to make the application process smoother.
In addition to aligning with documentation requirements and meeting eligibility criteria set by lending firms, submitting a PVC Aadhaar card can enhance the overall KYC documentation package.
Why getting a PVC Aadhaar card is worth it before your next loan application
A PVC Aadhaar card offers durability, convenience, and security that make it useful beyond just loan applications. Its small size makes it easy to carry, and its strong build protects it from everyday damage. The added security features help ensure reliable identity checks whenever KYC documents are needed.
For individuals planning to apply for a personal loan, obtaining a PVC Aadhaar card before applying can be helpful. It ensures a strong, easy-to-use ID is ready when KYC verification is required.
Whether applying for financial products, government services, or other ID-related processes, the PVC Aadhaar card is a convenient alternative to carrying paper copies. Its secure design and wallet-friendly size make it a popular choice for many people who want easy document verification.
