Urgent Cash Loan in Delhi
Urgent Cash Loan in Delhi
Do you want an urgent cash loan in Delhi to tide over a financial crisis or tackle an emergency? Qbera offers urgent cash loans in India to salaried individuals at interest rates starting from 11.99% p.a. Let's look at some features of urgent cash loans offered by Qbera.
Features and Benefits of Urgent Cash Loans in Delhi from Qbera
Here are some prominent features and benefits of urgent cash loans from Qbera:
Qbera offers urgent cash loans within 2-48 hours
You can get your urgent cash loan from Qbera within 24-48 hours after receiving approval post digital verification. If you approach a traditional lender for an urgent loan, well, you won't quite get one - simply because conventional lenders such as private banks take at least 7 to 8 business days to approve and disburse your loan application. With Qbera, however, filling out the application form takes just a few minutes of your time, and once your documents are verified, you will receive the loan amount directly into your registered bank account within 24 to 48 hours.
With Qbera, you can get a loan even with a low CIBIL score
If you didn't know this already, you can get an urgent cash loan from Qbera with a CIBIL score as low as 575! This eligibility norm is unprecedented, as private lenders, especially top private banks, require an applicant to have a minimum credit score of at least 750 in order to qualify for a personal loan. Note that while Qbera caters to applicants with low CIBIL scores, applicants who wish to qualify for a Qbera urgent cash loan should not have instances of defaults in their credit profile over the last 12 months.
A minimum income of Rs. 20,000 per month
With an income of Rs. 20,000 per month, you can qualify for a personal loan from Qbera! This again is a deviation from the income eligibility norm adopted by most conventional lenders in the market, as most of them require applicants to have income levels of at least Rs. 30,000 per month in order to qualify for personal loans.
Urgent cash for individuals employed in unlisted companies
If you are looking for urgent cash and you're employed in an unlisted company, you can be doubly sure that your application will face rejection. Qbera, however, does not reject employees of unlisted companies applying for loans. Currently, Qbera serves employees of over 7,00,000 companies across several cities in India.
Documents required for an urgent cash loan in Delhi from Qbera:
- Aadhar Card
- PAN card
- Proof of Identity and address
- Salary slips and bank statements
Interest Rate & Other Charges
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
- 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.
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"
Following a Supreme Court Order dated 13th March, 2018, Insurance regulator IRDAI extended the deadline for linking the 12-digit unique identity number with various insurance policies.
A day after SBI hiked deposit rates across maturities, the largest lender of India also raised MCLR by up to 25 basis points. MCLR is now at 8.15 percent which was earlier at 7.95 percent. This signals a possible increase in the EMIs of all types of loans – starting from personal loans to home, auto and other loans. ICICI Bank and Punjab National Bank (PNB) also hiked their MCLR by 15 bps. PNB home loans will now be at 8.6% and for women it will be 8.55%.