Healthcare today is expensive. Majority of people are either unaware of health insurance policies that protects them from all the medical contingencies in life financially or seldom bother to buy one. Medical loans can be used to take care of any medical expense while the cover offered by health insurance is limited. It is at times like these when medical personal loans come to the rescue. Such loans aim to help people face and survive unforeseen medical expenses including hospitalization bills, medical prescription bills, surgeries such as angioplasty, bypass surgery, chemotherapy, and others similar treatments. Yes, as they say, death is the only certainty in life. However, loss of life just because one didn’t have enough money is heartbreaking. It is not something people can easily forgive themselves or move on from.
Though health insurance is a more popular and money-saving option than a medical loan, people are not farsighted enough to procure one or keep putting it off. Some even disregard health insuarance totally thinking it a waste of money. In any case, health insurance policies come with lot of conditions and are not helpful in all situations. Many illnesses are not covered and after a certain age, it becomes increasingly difficult to find one that covers all. Personal medical loans do have certain advantages - being unsecured there is no need for any collateral or deposit. A personal medical loan ensures that you get quality medical care with no delay. Many people are unaware of alternative lenders that offer healthcare and medical emergency loans.
Delhi boasts of an admirable and comprehensive healthcare system, which many states strive to follow. But being a cosmopolitan city, some of the medical procedures in the city do tend to get rather expensive at times. As mentioned above, health insurance schemes and medical loans have managed to bridge this gap, but it is not easy for all and sundry to avail loans from listed banks due to their stringent eligibility criteria.
Fintech firms and online loan providers are the only hope for those people who fall outside the banks’ benchmarks. We at Qbera understand this and are here to help by making it very easy & fast to access funds through our online medical loans.
Get it done the Qbera way in 5 steps:
Life is an amazing journey and all of us have the right to good health and happiness. Putting a price tag on life seems cruel and unfair; sadly that’s how the world works. Hence, it is strongly recommended that you buy a good health insurance policy and in case something untoward happens which is not covered under the policy or comes under ‘pre-existing’ conditions, then you have the likes of Qbera loans to fall back on.
Qbera may be able to help when you need it the most. Apply now for a smart hassle-free loan in Delhi.
1. What is the tenure of a personal loan from Qbera?
The loan tenure at Qbera is a flexible one and it ranges from 1 to 5 years (12 to 60 months).
2. What is an EMI?
It is the fixed amount that a borrower pays to the lender on a particular date every month. An EMI includes the principal and interest charged on a loan.
3. What is the minimum and maximum loan amount that I can get from Qbera?
The loan amount ranges between Rs. 25,000 to Rs. 10 Lacs.
4. What is unique about Qbera?
Our technology and lending partnership allow us to offer a world-class experience to our borrowers:
Our CIBIL score cut-off is 625 and we can give loans to employees of more than 9 lac companies in India. Now you don’t have to get rejected by banks just because they have not analyzed and categorized your employer.
5. What should be my age to apply for a loan with Qbera?
You must be at least 23 years old to apply for a loan.
6. What should be my minimum salary to get a loan?
Your net monthly income must be Rs. 20,000 or more.
7. What should be my CIBIL score cut-off for a personal loan?
Our CIBIL score cut-off is 625 (V2 score).
8. What is the rate of interest charged on a personal loan?
Rate of interest depends on a borrower’s income, CIBIL score, employer, age etc. Qbera collects information from your application form and various other data sources to create a personalized loan offer for you. Our interest rates start at 11.99%.
9. What is the eligibility criteria to get a loan from Qbera?
To get a loan from Qbera, a borrower should meet the following eligibility criteria:
10. How do I apply for a loan online?
To apply for a loan online, click here. For queries, please Whatsapp us on +91 89719 28484.
11. What are the documents required to get a loan from Qbera?
The following documents would be required after your loan is digitally approved:
12. What is the processing fee charged on a personal loan by Qbera?
The processing fee ranges between 2% - 4%.
13. How can I repay my loan?
Qbera provides easy repayment of its smart loans through automatic debit of EMIs via NACH mandate.
14. Why was my loan application rejected at Qbera?
Although we have one of the best approval rates in the industry, we may have to reject some applications if they do not meet our basic qualification criteria. You can re-apply after 3 months in case you think that your credit profile has improved.
15. Can I re-apply for a loan?
Qbera requires you to wait for at least 3 months before re-applying for a personal loan.
16. How much time does Qbera take to process a loan application?
It will not take more than 10 minutes to fill up your online application form. Our technology allows us to disburse the approved loan amount within 24-48 hours.
17. Is part/prepayment allowed on my personal loan?
We do not allow part-payments. However, you can prepay your loan after completing 1 year of repayment. (Foreclosure charges: 5% + GST applicable).
18. Do I need to submit any collateral to get a personal loan from Qbera?
All personal loans offered by Qbera are unsecured. Hence, you need not submit any assets or property to secure a loan.
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
"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"
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