Personal Loans made simple!
Personal Loan in Thane
Get personal loans in Thane at affordable rates of interest that start from just 11% p.a. Qbera offers instant cash loans in 1 hour to salaried individuals who meet the minimum income criterion, which is Rs. 20,000 per month.
Personal Loan in Thane - what should you know?
Nestled along the North-Western part of Maharashtra, Thane is a big and populous urban agglomeration, known for its lakes, educational institutions and industries. Being an immediate neighbor of Mumbai, thousands of people flock to the city for jobs. In terms of jobs, most people here are actively involved in the tourism industry. However, the city also houses several engineering and manufacturing outlets, digital goods-producing industries, power plants, textile industries and the likes of it. Since the economy of the city is rapidly improving, more and more people are opting for personal loans. While some choose it to advance their education, others opt for it to upscale their business. But there’s a major shift in the trend of these loan applications. While the people here would opt for bank loans even a few years back, they are now more comfortable with Fintech lenders. Yes, Fintech lending platforms is turning out to be a top choice for both salaried professionals and businessmen of the city. But why, this major shift? Well, this is primarily because of the flexibility these lending platforms offer. As opposed to bank loans that would take several days to be approved, Fintech lenders approve the applications for a personal loan in Thane within a couple of hours.
But how do they manage to do this? Well, thanks to technology and risk-based algorithms, Fintech lenders like Qbera can assess and approve your application faster than ever. All you need is a credit score of at least 600 and a minimum income of Rs 20,000 to qualify for the process. And the best part: you will have the flexibility to make the repayments online. Additionally, you will also have the option of choosing the tenure between 1 to 5 years. But these aren’t the only benefits when you take a personal loan in Thane from Qbera. So here’s everything else you have to know.
Why Should you Choose Qbera for a Personal Loan in Thane?
|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 11.99% p.a.
||Interest Rate is 13% 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.
Features of a Qbera Personal Loan in Thane
3-step-process- Applying for a personal loan via Qbera is extremely simple. All you’ll need to do is choose from the viable categories (self-employed/salaried) and answer some simple questions pertaining to your identification and income level. Once you complete the required steps, your loan will be disburse din 24 hours (or less).
Low Processing Fees- Unlike banks and other fintechs that charge a huge processing fee, Qbera’s processing fee ranges from 1% to 5%.
Flexibility of Tenures- At Qbera, you will have an option of choosing a flexible tenure ranging from 1 to 5 years.
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"