Personal Loans made simple!
Online Loan in Hyderabad
In a growing cosmopolitan city, the need for loans is inevitable. An Online loan in Hyderabad from Qbera is an excellent solution for any kind of fiscal deficit. The credit market is vibrantly thriving in these emerging cities and is the best solution for any kind of requirement. These online loans are highly flexible and can be used for a variety of purposes. From arranging for marriage and paying education fee to home renovation or debt consolidation, these loans are effective for any legitimate requirement.
Qbera online loan in Hyderabad is available for any salaried individual in the age group of 23-55 years. With an economical interest rate starting from 10.99% and a long repayment tenure spanning 5 years, these loans are the most feasible answer to a variety of monetary requirements.
Online Loan in Hyderabad - Difference between Qbera and Traditional Banks
Parameters
|
Qbera
|
Traditional Banks
|
---|---|---|
Processing fee |
1% -5% |
2.25% of principal + GST |
Interest rate |
Starting at 10.99% |
Starting at 11.99% |
Credit Score required |
600 and above |
750 and above |
Loan amount |
Up to Rs 25 00 000 |
Up to Rs 15 00 000 |
Minimum age required |
23 years |
21 years |
Pre-closure charges |
5% + GST |
5% + GST after a lock in period |
Features of an online loan in Hyderabad from Qbera Loans
- Instant procedure: A few clicks on your computer keyboard is what is required to secure an online loan in Hyderabad from Qbera. The process is completed instantly and Qbera boasts of a low turnaround time of 24-48 hours after successful verification of documents.
- No collateral required- an online loan is Hyderabad from Qbera is completely collateral free. There is no asset that has to be pledged with the company or any person required to stand in as a guarantor to secure this loan.
- Secure platform- With the most secure technologies in place, your data is completely secured with Qbera.
- Competitive rate of interest- The interest rate of a personal loan with Qbera starts at 10.99%. This is one of the best rate available in the market. While choosing loans, it is always better to go in for one with a lower interest rate as it means the lesser amount paid out at the end of the loan term.
- Lower-income groups considered: In cities, those with less income face the most difficulty in securing a loan. Banks especially do not consider this group at all. Qbera, however, making use of their advanced technology considers these group and grants loans to those with a minimum take-home salary of Rs 18000.
How to apply for an online loan in Hyderabad from Qbera
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Login to www.qbera.com
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Fill in the personal and employment details
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Loan eligibility is communicated
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Submit bank statements and other documents such as salary slips and identification documents.
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Get a personalized loan quote
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An executive picks up copied of Aadhar card and PAN card from your doorstep.
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Accept the emailed loan quote
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The loan is transferred to your bank account.
Interest Rate & Other Charges
Interest Rate
|
11.99% to 35.99%
|
Processing Fee
|
1% to 5% of total loan amount
|
Loan Amount
|
₹1,00,000 to ₹15,00,000
|
Loan Tenure
|
12 to 60 months
|