The Biriyani capital of India is world renowned for its culinary treats but that is not what defines the city of Nawabs. It has recently earned for itself the moniker of a Hi-tech city and is one of the premier cities for IT companies. This has bought with it, a steady inflow of IT professionals from all walks of life and all parts of the country. Moreover, as a majority of this migration is undertaken by the youth, there is a presence of young individuals and households here. There are quite a few challenges that come along with this. And the independent youth would like to live their life by their own terms. Although financing it might become an issue now and then, Private loans in Hyderabad has made it possible and doable. Private Loans in Hyderabad are also commonly referred to as instant loans in Hyderabad and immediate cash loans.
Banks, NBFCs, and Fintech companies are in the market providing easy private loans in Hyderabad to young and old alike to finance their monetary deficits. Any salaried or self-employed individual can avail these personal loans. One of the important aspects of these loans is that there is no requirement to pledge any kind of collateral. This kind of helps in getting necessary monetary help without the inconvenience that comes with pledging an asset. The onus of repaying the online loan lies with the salaried individual and he/she has to work and manage their monthly incomes to accommodate the repayments first.
Private loan in Hyderabad from Fintech companies like Qbera can be applied instantly and the online eligibility checks and quick turnabout time, make them an ideal choice during financial emergencies. 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 within 24-48 hours.
And the documents that need to be given are:
The eligibility criteria for applying for a personal loan are:
Other than these, another important point that has an impact on your loan application is your employer. Banks and NBFC has a big database of employee information from employers. So if your employer database is present, the higher the chances of your loan being approved. Having said so, there have been instances of loan being rejected as the employer was not part of banks database. Fintech companies are handy in such situations and with a database of more than 7 lac companies, there probability of loan approval increases substantially.
||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%.