Wedding Loans in Ahmedabad
Wedding Loans in Ahmedabad
What is a wedding loan?
Need an instant wedding loan in Ahmedabad? Qbera has got you covered! A wedding loan or a marriage loan is a personal loan that you can borrow from financial institutions to make payments for every event associated with a wedding. If you are salaried and your net monthly income is Rs. 20,000 or more, Qbera can offer you a marriage loan in Ahmedabad up to Rs. 10 Lacs, at a starting interest rate of 11.99%.
Qbera provides quick wedding loans in Ahmedabad
A wedding is something for which you would’ve been preparing since months and it always seems like the big day is not so far away. Amidst all the preparations, if there are important functions that still need some financing, don’t worry, apply for a wedding loan in Ahmedabad through Qbera.com. Our loans being digital, can be availed within a day with seamless flow of funds from our current account to beneficiary accounts.
Whether it is for your wedding dress, or the jewelry, you can avail a marriage loan in Ahmedabad to make payment for every small thing you wished for the big day. Our instant personal loan for weddings is collateral free, which means you need not submit any assets to secure it. This is the reason a large number of salaried individuals now evince smart behaviour and apply for a marriage loan in Ahmedabad.
Benefits of Marriage Loan in Ahmedabad
Pay for any expenses related to your marriage
Whether it is your own wedding or your sibling’s, a marriage does involve a significant amount of investment for the beautician, the apparels, jewelry etc. But guess what - you need not have to borrow money from your friends or relatives anymore. A personal loan for marriage in Ahmedabad from Qbera will cover all those expenses.
In case you plan to apply for a wedding loan in Ahmedabad well before time, you can divide the loan amount into segments depending upon the significance of events. You can focus on spending the right amount on top items in the list and not let the function lose its charm.
Affordable interest rates
A personal loan for wedding can be availed at an interest rate falling anywhere between 11.99% and 24% p.a. As compared to credit cards which charge around 35-40% annually, an instant wedding loan in Ahmedabad is more affordable a deal.
Pay back through easy EMIs
You can calculate your EMI using Qbera’s personal loan calculator. Based on your budget you can choose to pay back through the lowest EMIs and get a clear idea on the financial budget you should be maintaining in the future. You can choose to pay through automatic EMIs as well.
Here’s how you can benefit from a wedding loan in Ahmedabad with Qbera
Qbera hosts a great deal of benefits when you apply for a marriage loan in Ahmedabad. Paperless application, digital approval and disbursal in 24 hours, are some of them. Take a quick look at the benefits of our marriage loan in Ahmedabad.
1. Paperless application
Our online portal Qbera.com features an online application form for wedding loans in Ahmedabad. Starting from filling the form till the approval, every step is carried out online. We require minimal use of paper, which saves a great deal of time and allows us to serve you as fast as possible.
2. Digital verification of documents
In the second step of online application with Qbera for a marriage loan in Ahmedabad, you will be asked to upload your bank statements and other necessary documents. With the help of our technology, we will digitally verify your income and residence based on those uploaded documents.
3. Easy EMI calculation
With Qbera’s personal loan calculator, you can find out the EMI of your wedding loan in Ahmedabad in few seconds. Forget all the mental calculations that you are not so good at. All we require is the amount of your net monthly income and current EMIs (if any). Based on this you will get a customized EMI with a suggestion of loan amount and loan tenure as well.
4. Flexible loan repayment period
When you calculate your EMI, you will get a rough idea on the loan tenure within which you are supposed to pay back the loan amount. However, we don’t bind you by that tenure, you can extend the loan tenure up to 60 months and even trim it down to a lower period of 6 to 36 months. It is finally your call.
5. Easy repayments
At Qbera, you can also pay for the EMIs using NACH mandate which will automatically debit the monthly payments from your bank account on a fixed date. This will help you avoid missing any EMIs.
1. What is the interest rate charged on a marriage loan in Ahmedabad?
The interest rate at Qbera starts at 11.99%. However, depending on your age, income, credit history, etc. we will get back to you with the best customized rate ranging from 11.99% to 24%.
2. Is there any age limit to get a wedding loan?
Yes, you must be at least 23 years old and not more than 55 years to get wedding loan in Ahmedabad through Qbera.com.
3. What should be my minimum credit score to apply for a marriage loan?
At Qbera, it is easy to get a wedding loan in Ahmedabad, if your credit score is 600+.
4. Can I prepay or partly pay my loan?
Unfortunately, Qbera does not allow any part payments. But we do allow prepayment after completing first 12 months of repayment. The applicable charges are 5% plus GST.
5. What will be the administration fee charged on my wedding loan in Ahmedabad?
Qbera charges a minimal processing fee that ranges from 2-4%.
- Processing Fee deduction of ₹5000 (2.5% of 2 Lacs) from loan amount, thus, the amount credited to your account will be ₹1.95 Lacs
- EMI of ₹7091 per month
- Total payable amount in 3 years = 36 times ₹7091 = ₹2,55,276
- Total Interest paid in 3 years = ₹55,276, hence, annual interest paid = ₹18,425 (which translates to an effective flat annual rate of interest of 9.21%)
- You must be a Salaried Employee
- Age: 23-55 years old
- Net Monthly Income must be more than Rs. 20,000.
- No defaults in the last 24 months.
- You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai or Hyderabad.
Documents Required after Digital Approval
- Aadhaar Card
- PAN Card
- 4 Cheques from your Salary Account
- Current Address Proof
- Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card)
"I am really happy that I got a loan from Qbera. My application has been rejected by lenders in the past without giving any explanation for rejection. Qbera approved my loan with minimum documents. Thanks a lot once again."
I did not want to make many enquiries as many requests can lower the CIBIL score. I contacted Qbera on a Monday and by evening itself they had an offer for me. They kept me informed through every step of the process and were also flexible with regards to my commitments. In the end, the loan was disbursed within two days of documents submission. Thank you Qbera for simplifying the process and helping me find a loan. " Show more...
"It was a nice experience with Qbera. I have never seen such an easy process for getting a loan, especially when you need it the most. Thank you Qbera for your support."
"I had a hassle-free experience with Qbera. It was a very easy application procedure and in a short span of 3 days I got my loan credited to my account. Thank you so much for the support Team Qbera"
"It was very easy to get a loan from Qbera. I just applied on their website and got a confirmed offer immediately. The amount was transferred soon after. Will give it 5 out of 5"
"It's good and quick response from the Qbera team to get the loan. They are very good at the communicating the things properly and appropriately"