Personal Loans made simple!
Personal Loan in Durgapur
Looking for a cash loan in Durgapur at the best interest rate in the market? Well, if you are salaried with a minimum net monthly income of Rs. 20,000, you can qualify for an instant personal loan from Qbera. Interest rates start from 11.99% p.a.
Instant Personal Loans in Durgapur - A brief outlook
Durgapur is a bustling metropolitan city located in West Bengal. Standing right behind Kolkata and Asansol, it is the 3rd biggest urban agglomeration of the state. The defining aspect of Durgapur is its rapid industrial development. Currently, it is the most industrialized city in entire Eastern India with offices of leading companies like Durgapur Steel Plant, Alloy Steels Plant, Durgapur Projects, Mining and Allied Machinery Corporation and the likes of it. The city also houses front-ranking schools, colleges, hospitals, and media houses. Now, in a town as popular as Durgapur, people are always looking to go above and beyond to make the most of their opportunities. And more often than not, they need a solid source of funds to get things going. But how exactly does one secure funds in the middle of a financial fix? Well, this is exactly where a personal loan comes to play. Since these loans can be practically used for any given purpose, one can easily apply for it to advance their career, expand their business, and work on any other issue that demands their attention. Now, when it comes to a personal loan in Durgapur, Fintech lending platforms can be an excellent option. Although they’re relatively new in the city, these platforms can help you secure your desired amount within your required timeline.
But how do these platforms work? Well, the idea is simple. All you need to do is key in your name, personal details, and bank statements to get started with the process. Once you’ve added the required details, the in-built algorithm of these systems will assess them thereby determining if you’re creditworthy. Finally, if you are deemed to be creditworthy, the loan will be approved in minutes, and your required amount will be disbursed in a couple of hours. Yes, you’ve read it right, getting a personal loan in Durgapur is as easy as it sounds.
Why Should you Take a Qbera Personal Loan in Durgapur?
||Traditional Lenders such as Banks
Low processing fee ranging from 1% to 5%
Processing fee is at least 2.25% of the principal amount along with additional GST charges.
Flexible interest rates starting from 10.99% p.a.
Interest Rate is 11% p.a. or more
Minimum credit score requirement is 600
Minimum credit score requirement is 700 and higher
Enjoy up to Rs 15,00,000 lakhs worth loan when you meet the required criteria
You need to have an income of at least Rs 30,000 and a high credit score to qualify for a loan worth Rs 15,00,000 lakhs
Loan is disbursed within 24 hours or less
Loan disbursal might take from 5 to 7 days.
Personal Loan in Durgapur - What exactly does Qbera offer?
Easy approval- The best part of applying for a personal loan via Qbera is its easy approval. As opposed to any other conventional bank loan, getting a loan from this platform is easier than ever. The process is extremely simple, thereby ensuring that you get your loan in as less as 24 hours.
Collateral free loan- Unlike most other personal loans, Qbera doesn’t require you to pledge any collateral against the amount you’ve applied for.
Apply with a low credit score- Yes, your application on Qbera will be accepted even when you have a credit score as low as 600.
So don’t think anymore, and apply for Qbera loan to enjoy more benefits than you had ever imagined!
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"