Do you already have few ideas to fix some areas in your home? Why not do it now? Is it the lack of money holding you back? No more delays! An instant online loan for home renovation from Qbera can help you with those instant funds. You can save a large part of your income that you may have planned to invest in a new home.
It is not always the entire home we want to change. If a few changes in the kitchen and a new plaster in the hall room is all you want, then a home renovation loan is the best solution. At Qbera, we offer instant loans online to salaried individuals earning Rs. 20,000 a month.
A home improvement loan worth Rs. 25,000 to Rs. 10 lakh can be availed online from Qbera.com at an attractive interest rate falling anywhere between 11.99% and 24%.
The entire loan application process at Qbera is completely digital. While you fill up the online application form, you can directly upload the necessary documents online which are again verified digitally. So no more visiting banks to submit physical documents.
When you apply for an instant loan for home renovation at Qbera.com, you need not pledge any assets as security. We offer online loans to salaried individuals earning a decent income of Rs. 20,000 a month while verifying other factors such as age, employment, residence etc.
It is said that to get a personal loan online, you need to have a credit score which is beyond 750. But at Qbera, we do not assess the creditworthiness of a borrower merely on a credit score. Our CIBIL score cut off is 600. We have our own risk-based algorithm to verify your future potential.
With our constant efforts to reduce the turnaround-time, we have successfully disbursed instant loans online within 24 hours.
Get access to innumerable options of home renovation loans that fit your needs. An instant loan for home renovation can be used for any kind of renovation in your home. For example for making a balcony, to extend a room or for flooring etc.
At Qbera, interest rate of Personal loan for home renovation is always competitive as per the ones offered in the market and it ranges between 11.99-24%.
Knowing your EMI when you apply for an instant loan for home improvement will help you plan your future payments in a better way. We offer one of the easiest EMI calculators online through which you can calculate your EMI within few minutes. Feed the values of your monthly income, your current EMIs (if any) and the loan amount. Our EMI calculation is completely transparent and error-free.
1. What is the loan amount that I can take?
You can avail a loan amount starting from Rs. 25,000 to Rs. 10 lakh.
2. What is the minimum income I need to have to apply for a home renovation loan?
You should earn at least Rs. 20,000 a month to avail an instant loan for home renovation.
3. What is the interest rate charged for home renovation loan?
The interest rate for home renovation loan ranges between 11.99 - 24%.
4. In how much time shall I repay the home improvement loan?
At Qbera, we allow our customers to choose from a flexible loan tenure of 6 to 60 months.
5. What is the processing fee for home renovation loan?
The processing fee for home renovation loan is very negligible and ranges between 2-4%.
||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"
Online Marketplace Flipkart which was recently acquired by multinational retailer Walmart is looking to offer financial products and is in talks with digital lending startups
Staggering under the gigantic bundle of bad loans already, banks anticipate bad stressed assets worth $38 billion from the Power sector.
According to Nikkei India, the service sector firms increased their hiring levels at the fastest strides since June 2011.
The constant variations in the global economy and rising inflation have led RBI to keep the policy rates unchanged while presenting the first bi-monthly policy for the fiscal year 2018-19.
Rajeev Kumar, the Financial Services Secretary, said that the Banks Board Bureau (BBB) will continue to function even after the term of its existing members expires on March 31, 2018.
According to a data released by RBI, corporate loans contribute to a major chunk of bad loans in public sector banks (PSBs). On the basis of an analysis over released data, more than 73 percent of the bad loans comprised of corporate and industry loans only.
RBI approved the license of Jana Small Finance Bank that started its operations after one year on 28th March, 2018. Earlier known as Janalakshmi Financial Services, the bank looks forward to gain a strong footing in the affordable housing loan market.
The State Bank of India, after almost a 2-year period, announced an increase in Fixed Deposit rates across tenures on Wednesday, 28th March 2018.
Following a Supreme Court Order dated 13th March, 2018, Insurance regulator IRDAI extended the deadline for linking the 12-digit unique identity number with various insurance policies.
A day after SBI hiked deposit rates across maturities, the largest lender of India also raised MCLR by up to 25 basis points. MCLR is now at 8.15 percent which was earlier at 7.95 percent. This signals a possible increase in the EMIs of all types of loans – starting from personal loans to home, auto and other loans. ICICI Bank and Punjab National Bank (PNB) also hiked their MCLR by 15 bps. PNB home loans will now be at 8.6% and for women it will be 8.55%.
A loan can get you and your loved ones the comfort of a car and security of a home, and many other things. But your real responsibility begins only after taking the loan.
A panel was of the opinion that state-run lenders need to be consolidated and private banks must compete with new-age financial services fintech firms through better technological innovation.