Travel Loan in Hyderabad
Travel Loan in Hyderabad
Opening facebook and instagram to find post after post of your friends travelling seems to be the norm. Everyone seems to be travelling; to the mountains, exotic beaches, remote villages, glamorous European cities and much more. As much as you try not to be envious of these beautifully captured moments, it is difficult not to wish that you had the money to take a similar vacation. After the long hours you put in at work, you deserve a break and so does your family. So what do you do? Wait around to save enough money for a vacation? Does that ever really happen? Here is what happens usually: You manage to save some money each month and just when you think that you have gathered a considerable sum, some sort of emergency will arise (such as your car needs to be taken to the workshop or your child has a medical emergency), which will require you to use up the money leaving nothing in your ‘vacation savings’. Once again, you will be back to square one.
If you are in a similar situation, Qbera’s travel loan can be a great way to make your travel dreams come true. This travel loan is easy to acquire and has competitive interest rates that you can take advantage of. Stop putting off that vacation for later; you must make sure that you take out the time to relax on a regular basis lest you burn out. You need time to recharge, relax and rejuvenate because life can get so busy. What’s more, travelling can be enlightening. There is nothing like going to a different place to learn about other cultures. Also, you will learn so much about yourself when you step out of your comfort zones and deal with different situations. The whole experience is really irreplaceable.
THE UNIQUE BENEFITS OF CHOOSING QBERA’S TRAVEL LOANS:
Qbera makes borrowing money as simple as buying vegetables in the market. Our process for loan approval is designed to make a customers’ life simple. All you have to do is log onto to Qbera’s website, fill in the straightforward application form (which takes just about 5 minutes) and upload your bank statements. You could get the application and the amount in your account in just a day.
Simple approval criteria
Most banks will only approve loans if you are an employee of certain companies. This list of companies is limited and does not include most start-ups. Qbera will accept applications and provide loans for those employed in a much wider range of companies. As long as you are employed and earning Rs. 20,000 or above, you stand a good chance of being eligible for a personal loan from Qbera.
One day approval
Application, approval and disbursement of your funding can be done in just a day!
Once you have availed the loan, you can start repaying the amount each month in small amounts so that you are not overwhelmed. Qbera will even send you reminders so that you do not forget and end up paying late fees.
Qbera aims at making life simple for aspiring travellers by making the process of applying for travel loan as quick and painless as possible with minimal paperwork.
Traveling comes with a lot of different costs. It is not just the travel costs that you must take into account while planning your finances, but also all the additional costs that come with travelling. Everything from three meals a day, the hotel stay, metro tickets/taxi rates, museum entrée-fee and a lot of other unexpected charges will add on to your expense. Choosing Qbera’s personal loan to fund your travel expenses will let you borrow one lump sum to cover all of these costs and more in a single loan ranging from ₹25,000 up to ₹10,00,000.
The competitive interest rates that Qbera offers travellers are on par with the current market rates (between 14-24%).
Fees and other charges:
It will be difficult to find fees and charges in the market that are less than what Qbera charges for travellers. Qbera’s processing fee is a mere 2-3% (this will be based on the amount borrowed). Other charges like late payment fees, prepayment charges, ECS/cheque bounce charges and special service request charges are as per the RBL norms.
24x7 support available
Taking a personal loan from Qbera means that we are committing to support you the way you deserve. We are available 24x7 to help answer any queries that you may have while making your decision and long after. The Qbera staff can be reached via whatsapp at +91 89719 28484, by chat on the website or you can email us.
HOW TO APPLY FOR AN EDUCATION LOAN VIA QBERA
Obtaining an education loan via Qbera is as easy as purchasing an ice-cream. It’s a simple five step process:
- Simply log on to Qbera.com, fill in the application form
- Upload your bank statement on the website
- Receive an offer from Qbera within 4 hours
- A representative will come to you, at your convenience, to collect the documents
- Within 24 hours, your money will be transferred to your account
Qbera may be able to help when you need it the most. Apply now for a smart hassle-free loan in hyderabad.
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:
- Paperless application
- Instant lending decision
- Digital verification of income, employment and residence
- Disbursement of loan within 24-48 hours
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:
- Must be a salaried employee.
- Age must be between 23-55 years.
- Net monthly income must be Rs. 20,000 or more.
- No defaults in the last 24 months.
- You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai or Hyderabad.
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:
- Aadhar 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 Aadhar card)
- Passport size photo
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.
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%.
A loan can get you and your loved ones the comfort of a car and security of a home, and many other things. But your real responsibility begins only after taking the loan.
A panel was of the opinion that state-run lenders need to be consolidated and private banks must compete with new-age financial services fintech firms through better technological innovation.