Bangalore is the hottest destination of all related to the IT field. There are many IT hubs, multinational companies and related services that have offices here employing personnel from all parts of the country. For emergency finance in Bangalore opt for financial institutions like banks and Fintechs rather than private money lenders. In case of emergencies, individuals tend to turn to private lenders as they instantly hand over cash, but, with the advent of Fintech companies like Qbera, there is a viable alternative. You can approach Qbera which promises a turnaround period that is less than 24 hours when you wish to avail emergency finance in Bangalore.
Emergency finance in Bangalore is available in the form of personal loans. These are unsecured loans and so are categorized as high-risk. This is the reason that banks follow stringent protocols and also do not consider applicants with a CIBIL score lesser than 750. Banks typically take a week or more to process applications, thus, making it less useful when the need is urgent. Fintechs, on the other hand, makes use of advanced risk calculation algorithms and highly digitized processing that makes them fast. So, the applicants with an urgent need but who do not possess high credit score can get an urgent personal loan.
The Eligibility criteria should be carefully considered before applying for a loan. These are the minimum requirements that institutions look for and it differs among different institutions.
||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"