Looking for a digital loan online? Apply for one with Qbera and get your loan within 24-48 hours after receiving final approval. Loan amounts range from Rs. 50,000 to Rs. 25,00,000. Choose from a flexible repayment tenure in the range between 6 months and 60 months.
Fintech lenders and P2P lending platforms offer digital online loans in India at varied interest rates starting from 11.99% p.a. The interest rate that you're offered on your loan will depend on a spate of parameters including your credit score, repayment history, number of loan/credit card accounts in your name, and your employment stability. Other factors like your income, age and employer reputation are also considered by lenders while determining the interest rate on your loan application.
The following are the eligibility parameters that you should meet in order to get approved for a digital loan from Qbera:
Submitting your bank statements online
You can submit your bank statements online through a secure web channel. Even your payslips can be uploaded online. Your bank statements and payslips for the last 3 months need to be submitted - meaning, you should be employed with your current employer for a minimum period of 3 months. Employment stability, i.e., a minimum work experience of about 2 years is preferred.
Once you receive your loan offer, you can submit your bank statements online, using your internet banking credentials. Your bank statements are automatically retrieved, and your income is verified. Once you receive final loan approval, you can expect to receive the funds in your bank account within 24-48 hours.
Here are some tips that will help you maintain a good credit score:
||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"