Personal Loans made simple!
Personal Loan in Panipat
Need a super-fast loan in Panipat? Well, Qbera offers quick loans in India, and is currently present in over 180 Indian cities, including Panipat. With Qbera, you can improve your approval chances as Qbera has a not-so-stringent eligibility framework.
Nestled in the middle of Delhi and Chandigarh, Panipat is a historic Indian city located in Haryana. The city has witnessed some of the defining moments in Indian history, namely the three battles of Panipat that further paved the way for the rise and fall of great Indian Empires. But while the city is best known for its historical significance, there’s yet another aspect that makes it stand out: and this is none other than the distribution of textile industries here. Yes, like many other growing Indian cities, Panipat too has a large number of industries, primarily textile. And owing to the presence of these industries, it is often touted to be the ‘Textile City’ and the ‘City of Weavers’. Hand-woven crafts from Panipat are distributed and sold across the globe, and over the last couple of years, there’s also been a growing demand for these products. In a bid to meet this demand, entrepreneurs in Panipat often opt for instant loans and business loans. And this is where a Fintech lending platform comes in. As opposed to banks and P2P lending platforms that takes days to approve your loan, Fintech lenders like Qbera simplify the entire process of securing a personal loan in Panipat.
Personal Loans in Panipat from Qbera - here is what you need to know
Operating digitally, these lenders use a high-end algorithm that allows them to process your application with minimum documentation. Since most of them have a 3 or 4-step process, applying for a personal loan in Panipat with their help is easier than ever. But with so many digital lending platforms out there, why exactly should you bank on Qbera? What is it that makes this platform different (or even better) than its counterparts? Well, here’s everything you got to know.
Personal Loan in Panipat - Why Go for Qbera?
||Banking Institutions offering personal loans
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. Minimum income required is Rs. 20,000 per month
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
The loan is disbursed within 24 hours or less
Loan disbursal might take from 5 to 7 days.
Advantages of Securing a Personal Loan in Panipat with Qbera
Easily navigable platform- One of the best aspects of Qbera is the fact that it comes with a highly navigable platform. This means, you can easily apply for a loan through it even if you’re not well-versed with the technicalities. The site’s excellent navigability simplifies your hassles while applying for the loan.
Flexible Terms- Unlike conventional lending platforms, Qbera offers loans at flexible interest rates starting from 10.99% p.a. There are also a couple of other parameters that makes it stand out. First, the tenure is quite flexible, ranging from 1 to 5 years. Second, the processing fee ranges from 1 to 5%. Finally, you can apply for a loan here with a credit score of 600 and above. Note that even applicants with scores of 575 (and above) can be approved provided they meet a set of internal credit parameters stipulated by Qbera.
Professional Team- If you’re stuck in the middle of a glitch while applying for a loan here, you can always reach out to the loan disbursal agents. These professionals will address your queries immediately and simplify the entire process of securing 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"