Personal Loans made simple!
Immediate Loan in Delhi
For immediate loan in Delhi and NCR region choose Qbera. Personal loans are the best possible solution for any kind of monetary requirement. Delhi is a historical city that has developed into a financial center as well. Considering the fact that it is the seat of political power in the nation and the capital of this great nation, it is no surprise that there is a vast number of immigrants here from all parts of the country. Personal loans are hassle-free solutions for any monetary need in this metropolitan city.
Immediate Loans in Delhi - how do you get one?
Immediate loans in the form of unsecured personal loans are not secured against any asset. Youngsters particularly love this feature as it gives them the freedom to pursue their dreams without depending on anyone. For example, the young family or friends can take a personal loan to travel the world, visit exotic places and gain new knowledge as well as relax. Upon completion of their sojourn, they can repay the loan amount in monthly installments over a period of time. Isn’t this the kind of independence that we all look forward to?
Immediate loans in Delhi from Qbera starts with an interest rate of 10.99% and the repayment tenure spans to 5 years. Although a vacation cannot be termed immediate, any immediate requirement like a medical emergency or urgent home repairs can be undertaken without liquidating your savings. You can also plan your lavish wedding, buy a second- hand vehicle, pay for an unconventional course or even consolidate your debts using an instant personal loan.
Any salaried individual with a net take-home salary of Rs. 18,000 per month can apply for an immediate loan from Qbera. The CIBIL score is quite important and traditional banks do not process applicants with score lesser than 750, however, a marginally low score of 600 is also considered by Qbera. The advanced risk-calculation algorithms used enables Qbera to assess the individual's creditworthiness based on the socio-economic preferences and willingness to pay. The age group preferred is 23-55 years and the long repayment tenure ensures that the monthly payments do not burden individuals’ monthly budget.
The documentation is done online with just a handful of documents being presented in hard copy. An executive is assigned to collect these documents upon successful verification of these, the loan amount is directly disbursed to the applicant’s bank account within 24-48 hours. The entire process is therefore completed online and gives the user a complete digital experience.
Documents Required for Immediate Loans in Delhi from Qbera
Proof of address
Salary and income documents
Benefits of Immediate Loans in Delhi from Qbera
Competitive interest rate
Long repayment tenure
Minimal documentation required
Considers applicants in shared accommodation
Considers applicants with a low CIBIL score
Considers applicants with low-income
- 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%)
- Age: 21-57 years old
- Net Monthly Income must be more than Rs. 18,000.
- No defaults in the last 24 months.
- You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai, Hyderabad, Jaipur, Ahmedabad or Kolkata.
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"