Hyderabad has earned for itself a variety of monikers – The city of Nizams, the city of pearls and more recently the Hi-tech city. It is not uncommon to find youth in western attire and youths in traditional attire, battling the ever-increasing traffic in this historic city. The city has been expanding and there is a steady influx of new and young aspirants in this city. The city’s growth has been funded by various banks and NBFCs. The option of getting an Instant loan in Hyderabad has added to the charm of the city. Youngsters have the financial cushioning of personal loans to fall on.
Consider the situations where you have moved into the city but is looking for a home. You do find a lot of options however, there is lack of fund to pay a deposit. A sudden medical emergency is the new city has left you with a big medical bill to pay. Where does one turn to, the obvious answer is friends and family, what if they are not in a position to help? Banks and NBFC s are the next choice, but their documentation and checks do take a lot of time. Instant loans in Hyderabad from fintech companies like Qbera step in with instant eligibility checks and quick turnabout time to be the perfect solution in any financial difficulties. These loans are quick and paperless, you log on to their website, fill in the details and your eligibility is known in 2 mins. After submitting the bank documents through net banking and a few other internal checks, the amount is deposited directly into your bank account.
And the documents that needs to be given are:
Also, there is no capping on the possibilities of an Instant personal loan. Unlike home loan or vehicle loan which has to be used to buy house or vehicle, you can use personal loans in n different ways. You can plan a long-awaited luxury vacation, renovate or upgrade your home, and fund your education or your marriage. You can use the amount from your instant loan and pay it off in easy and affordable EMI’s.
The Eligibility criteria are quite simple too. Where banks and NBFCs rely almost completely on your CIBIL score, Fintech companies like Qbera use advance risk assessment algorithms and consider your socio-economic dealing along with your CIBIL score to arrive at a decision. While a credit score of 750 and above is considered by banks, the fintech also considers marginally low scores as well. Also there are more than 7 lac companies that are registered in their database, so the probability of your loan being approved is high.
The minimum eligibility for an Instant loan in Hyderabad are-
• You must be a salaried individual
• You must have a min net salary of Rs.20 000/-
• You must be above 23 years of age and less than 55 years
• Minimum CIBIL score of 575 and no defaults in the last 24 months
||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"
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%.