Easy Loan in Pune

Get an easy loan in Pune from Qbera if you have a minimum net monthly income of Rs. 18,000 and a minimum credit score of 600. With an easy personal loan from Qbera, you can manage any situation that requires urgent funds. After receiving final loan approval, you can receive your loan amount within 24 hours. 

The budding metropolitan of Pune is home to many multinationals as well. There is a vibrant community of young people here as there are many good institutions and universities here. The presence of the IT sector has contributed to the development of the area as well. For an easy loan in Pune, one can approach Qbera. 

There are many monetary needs that can arise when one seeks to settle in an upcoming city and it is not always prudent to depend on one’s family for all financial needs. Personal loans from Qbera that do not require any kind of collateral or guarantor is the key to finance any such need. Varied monetary requirements can be easily managed with an easy loan in Pune.

Interest on Easy Loans in Pune from Qbera

The interest rates start from 10.99% p.a. and go up tp 35% p.a. The interest offered on a loan depends on several parameters including an individual's credit score, repayment history, income, and employment stability. Qbera uses risk-based pricing to determine interest rates on loan applications. This means that if your credit health is impressive, you are certain to be offered a low-interest rate on your application. 

Easy Loans in Pune - Difference between Qbera and traditional banks

Features of an Easy Loan in Pune from Qbera

• An easy loan in Pune from Qbera does not require any kind of collateral. There is no asset at stake or a need for a guarantor as the loan is approved based on the applicant’s salary.

• The CIBIL score helps lenders form an insight into borrower’s credibility. Those with scores lesser than 750 face immense difficulty in securing a loan. Qbera, however, does consider such applications and considers a score of 600 for personal loans. However, individuals applying with Qbera are required to be salaried with a minimum net monthly income of Rs. 18,000. 

• The highly competitive interest rate starting at 10.99% is one the best in the industry that ensures that you do not shell out obscene amounts at the end of the loan term.

• The long repayment tenure spanning 5 years helps maintain nominal monthly balance so that the EMIs do not disrupt the family budget 

• An easy loan is Pune is also highly flexible. It can be used for any kinds of payments, home renovation, planning a vacation, consolidating debts etc.

How to choose an ideal loan tenure for Easy Personal Loans?

Selecting a loan tenure is a major aspect when deciding on a personal loan. A long repayment tenure means that the monthly repayments will be less when compared to a short loan tenure. So essentially, it is based on what kind of income you get and how much you amount you can manage as EMI without severely disturbing your monthly budget.

It is therefore advisable to consider the following points:

• What is your income and the household budget?

• How much debt has to be paid out on a monthly basis – both secured and unsecured?

• Are there any future gains that can be ideally utilized?