Instant Loan in Bangalore

Bangalore rose to fame as the silicon valley of India and quickly became the home to a variety of IT professionals and business owners from all parts of the country. New flats and apartments sprung up like mushrooms and each of them was made a home by these new Bangalorean’s. Also, with this change came the need for instant loans in Bangalore. Requirements for lump sum amounts like to pay home deposits, buy commodities or to renovate/decorate the home; made the instant loan in Bangalore a sought-after commodity. The number of lenders offering instant cash loans have also increased in number. Interestingly, many lenders these days also offer instant cash loans in 1 hour in Bangalore today!

How to apply for an Instant loan in Bangalore?

To apply for an instant personal loan in Bangalore, you can approach different banks and NBFC’s. However, there are loads of paperwork and the process may take anywhere from 1 week to 10 days for the amount to get sanctioned. But you do have Fintech companies like Qbera who guarantee to instantly process your requirements and disburse it as fast as possible (24-48 hours). The whole process of applying for an instant personal loan from Fintech companies is online and hassle-free. Simple and quick are the two words that can be used to describe a personal loan from Qbera.

Advantages of choosing Qbera for an immediate personal loan

• Personal loans are unsecured loans wherein you do not have to pledge any collateral and so the financing company pays extra importance to your credit score from CIBIL. Most banks will reject the application if the score is less than 750. Qbera does consider applications with scores of 575 as well.
• Instant personal loans are extended to the salaried. A person with less salary is often rejected. Qbera considers low-income customers as well. If your net take home is Rs. 20 000/- you will be considered.
• Most banks and NBFC consider only employees whose organization is listed with them. Qbera has more than 7 lakh companies listed with them. So even if you are employed with a small or a startup, u can still avail a personal loan.

Eligibility checklist

• Salaried
• Net take-home of Rs. 20,000 and above
• Age group of 23-55 years
• CIBIL score of 575

What are the documents that will be needed?

• Aadhaar Card
• PAN Card
• Proof of address
• Salary and income documents
• Photographs

So, if you have recently moved to this great city and found this beautiful apartment in a locality close to your workplace but facing fund deficit to either pay a deposit or to decorate this space. Consider taking an instant loan in Bangalore from Qbera and choose attractive interest rate based on your credit score and start your dream life in this Silicon Valley.