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Fast Cash Loans

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Loan amounts range from Rs.50,000 to Rs.25,00,000. APR ranges from 10.99% to 35.99%. Loan lengths range from 12 to 60 months. Administration fee ranges from 1% to 5%.

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

 

View a complete list of our FAQs at our help center
Getting a Qbera Smart Loan is Simple
Fill out our online application form
Step 1: Online Application Form
Get approved instantly
Fill out our online application form by answering a few questions about yourself, your employment, your education, expenses and needs. This process would take no longer than 10 minutes.
Connect your Bank Account
Step 2: Connect bank account
Submit your bank statements
Connect securely to your bank via netbanking and submit bank statements as part of the easy loan application form. Alternatively, you can upload bank generated pdf bank statements.
Select your loan term
Step 3: Loan term
Choose your Loan Term
Using our proprietary Credit Scoring Algorithm we determine your loan eligibility in real-time. Our algorithm uses the information about you, to determine your future potential and help you get the best rate instantly.
You’re done! Get the money in your Bank Account as early as tomorrow.
Example: A loan offer of ₹2 lac, for a tenure of 3 years at an interest Rate of 16.6% (on a reducing principal) and a processing fee of 2.5%. Translates to:
  1. Processing Fee deduction of ₹5000 (2.5% of 2 Lacs) from loan amount, thus, the amount credited to your account will be ₹1.95 Lacs
  2. EMI of ₹7091 per month
  3. Total payable amount in 3 years = 36 times ₹7091 = ₹2,55,276
  4. Total Interest paid in 3 years = ₹55,276, hence, annual interest paid = ₹18,425 (which translates to an effective flat annual rate of interest of 9.21%)
Repaying a Qbera Smart Loan is just as Simple
Repay your loan with automatic EMI payments.
  • Age: 21-57 years old
  • Net Monthly Income must be more than Rs. 18,000.
  • No defaults in the last 24 months.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai, Hyderabad, Jaipur, Ahmedabad or Kolkata.
  • Aadhaar Card
  • PAN Card
  • 4 Cheques from your Salary Account
  • Current Address Proof
  • Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card)
Pradeep

Pradeep

"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."

Shekhar

Shekhar

"I would like to thank Qbera for speedy loan processing. I was having a tough time in deciding which bank would actually take my request for a loan as the loan was supposed to be for credit card payoff. I was forced to use my credit card for an unforeseen expense which I could not avoid and was finding it tough to pay back due to the high interest cost on credit cards. 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...

Syed

Syed

"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."

Anish

Anish

"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"

Arun

Arun

"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"

Bhaskar

Bhaskar

"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"

Are you ready to get your Qbera Smart Loan?
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QBERA

We are a Bangalore-based company offering digital, quick, hassle-free personal loans to people when they need them.

Loan amounts range from Rs.50,000 to Rs.25,00,000. APR ranges from 10.99% to 35.99%. Loan lengths range from 12 to 60 months. Administration fee ranges from 1% to 5%.

* Subject to Risk Profile

Need Help?
Contact our support team via WhatsApp by clicking below:
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E-mail: contact@qbera.com
Phone: 1800 4198 121
Whatsapp:+91 89719 28484
Address:
1st Floor, Wolfpack Workspaces,
#39, 8th Main Road,
Vasanth Nagar.
Bangalore 560 052

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