Fast Cash Loans

A fast cash loan is nothing a personal loan, only that you don't have to wait several days to get your loan amount! If you choose the right lender, you can get your amount within 24 hours! Qbera offers fast cash loans to individuals with a minimum net monthly income of Rs. 20,000 and a minimum credit score of 600! No collateral required!

Get a Fast Cash Loan in India from Qbera

In the exceedingly unstable world that we live in, it is next to impossible to set aside emergency funds. Even if you have managed to set aside something, most often, it is not enough to tide over the shortfall. Fast cash loans in India are an ideal way to manage such shortfalls. These are short term personal loan that can be availed by the salaried to get a grip at handling finance. While banks and other financial institutions give out such loans, they take about a week’s time as well as several documentations. For fast cash loans, Fintechs such as Qbera are the best possible option.

Advantages of choosing Qbera for fast cash loans

• Digital Application- the entire process of applying for a loan is done digitally. The application and document submission, the verifications and even loan disbursal is done digitally.
• Instant loans- These loans are fast approval ones and are typically disbursed within 24-48 hours of document verification. This means that after the application is submitted, you can get the loan in a day or two.
• No collateral- As these are personal loans, there is no requirement to pledge an asset with the company offering the cash loan.
• Minimal documentation – Although the majority of documents are submitted online, there are a few physical documents that are needed. This includes PAN card, Aadhar card, cheque leaves, and photographs
• Low interest rate – the interest rate is very affordable starting at 11.99%. The interest rate charged is depended on basic information and credit history.
• Flexible repayment tenure – the EMI calculation is dependent on the loan tenure as well. So, longer the tenure more affordable the monthly EMIs.
• Loan for low-income and low-credit borrowers- There are quite a few whose loan application is rejected as they fall in the low-income criteria or do not have the ideal credit score. It is to be noted that Qbera gives fast cash loans to individuals with a credit score of 600 as well.
• Multipurpose loan – These are flexible loans and there is no capping on the end use of funds. The amount can be availed to fund marriage expenses or for home renovations. The amount can be used to fund education or travel plans. The scope is wide and varied.

Fast cash loans in India are one of the best sources to manage unforeseen financial emergencies and they are preferred by the salaried as a source of easy money that does not put them at serious financial risks (provided the EMIs are paid on time). There are a few criteria that Qbera takes into consideration and it is advisable to check these before applying for a loan.

Eligibility for fast cash loans in India

• Salaried individual
• Minimum net salary of Rs 20,000 per month
• Age group of 23-55 years
• CIBIL score of 600
• No defaults in the last 24 months