Get a cash loan from Qbera within 24 hours after receiving final loan approval! Don't wait days to get your loan amount! With Qbera, you can qualify for a cash loan online if your income is at least Rs. 20,000 per month and your credit score is 600!
Cash loans are nothing but personal loans that come with flexible tenure options. Tenures usually range from 6 months to 60 months, and lenders offering personal finance to individuals allow them to pick a tenure based on their repayment convenience. Just like personal loans, cash loans are also unsecured, requiring no collateral to be pledged with the lender. In the case of most lenders offering cash loans in India, the interest rate falls in the range between 10.75% and 24% (can go higher too - this is on a case-to-case basis).
||23 years – 55 years
||Rs. 20,000 per month (net monthly take-home income)
||600 and above
||No EMI bounces in the last 3 months
||No defaults in the last 12 months
Getting an instant cash loan from Qbera comes with a host of advantages. Let's take a look:
Instant Loan Approval
When you want to get immediate cash from Qbera, you'll have to provide your KYC details. Once you do so, information on your credit profile is pulled from the bureau instantly, and your profile is evaluated on certain parameters - this happens real time through Qbera's risk-evaluation algorithm. Your credit score, repayment patterns, and current monthly credit obligations are assessed, following which you will receive instant loan approval if your profile meets Qbera's internal credit norms. Note that Qbera has very lenient eligibility parameters - you can qualify for a loan if your income is Rs. 20,000 and your credit score is 600+.
Online Document Submissions
After you receive instant approval, you will then be directed to a page where you can submit all your documents online. You'll have to submit your payslips, e-KYC documents, and other documents indicating proof of residence and identity. You will also be required to submit your bank statements through a secure web channel using your netbanking credentials. Your documents are then digitally verified, post which you will be made a customized loan offer. Note that your loan offer might not essentially be in line with your requested loan amount, as several parameters including your credit history, repayment history, income, current credit obligations and credit score are considered. Note that applying for an instant cash loan with Qbera involves minimal paperwork.
Instant Cash for employees of unlisted companies
Qbera offers cash loans to individuals employed with uncategorized companies, much unlike banks that have far stricter eligibility parameters and only offer personal finance to individuals employed with companies listed in their respective databases. Qbera also goes one step further by allowing individuals staying in shared accommodations to apply for instant credit.
||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"
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