If you're looking for immediate cash loans disbursed to your bank account within 24 hours, approaching a Fintech lender is your best solution. Instant loans do not require any collateral to be submitted. When you apply, you will receive instant loan approval, after which you will be required to submit your supporting documents online. Once your documents are verified, you can receive the loan amount the very same day!
||23 years – 55 years
||Rs. 20,000 per month
||No defaults in the last 12 months
The following are some noteworthy advantages of choosing Qbera for your instant financial needs:
Instant Loan Approval and digital verification on the same day: When you apply for personal finance from Qbera, you will receive instant loan approval if your credit profile is in line with Qbera's internal credit norms. Qbera has very lenient eligibility parameters when compared to traditional lending institutions like private banks.
Credit options for employees of unlisted companies: If you are an employee of an unlisted company, you can still be eligible for an instant online loan from Qbera - your application will not be rejected on this ground. Note that private banks prefer offering loans only to individuals employed with listed or categorized companies and usually reject applications of individuals who are employed with companies that aren't listed in their database.
Staying in a shared accommodation will not disqualify you: Even if you are staying in a shared flat or a paying guest accommodation, your application will not face rejection merely on this parameter. Again, while private banks strictly evaluate the type of residence while processing loan application, fear not if you're staying in a shared accommodation - Qbera has a loan for you.
Some points to note to keep your credit score high to get easily approved for instant online loans
Make regular monthly payments
Try and avoid making late payments as late payments can hurt your credit score. A few late payments are fine, but paying too late can negatively impact your score. EMI bounces as such (in case your auto-debit feature is active), can be particularly damaging.
Avoid defaults at any cost
Defaults have a more severe impact on your credit score - one instance of default can bring down your score by 50 points and lenders will almost certainly reject applications with instances of defaults.
Applying with multiple lenders is a strict no
Don't apply for credit with too many lenders at once, as this reflects credit-hungry behavior and has the potential to damage your credit score. Moreover, applying with too many lenders at once can increase the incidence of rejection from lenders, and rejections by themselves will bring your credit score down.
Keeping these aspects will mind will maintain a good credit score and improve your approval chances for larger loans.
||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"