I need money urgently please help
I need money urgently please help
Do you need money urgently and need help? Well, Qbera has the answer to your question - "i need money urgently please help"! If you're in need of immediate funds to tide over an emergency, Qbera can definitely be your saviour. The best thing about applying for a personal loan from Qbera is that you can get a personal loan even with a low credit score of just 575 and a minimum income of Rs. 20,000 per month.
Need money urgently? Get an urgent loan from Qbera in no time
Qbera can perhaps be your best option if you're looking for an urgent personal loan. The turnaround time for immediate personal loans, or same day loans as they're called, is about 24-48 hours. Let's take a look at some notable features of personal loans from Qbera:
Urgent Personal Loans for individuals currently staying in shared accommodations
Traditional lenders like private banks don't offer personal loans to individuals residing in shared accommodations such as shared flats or paying guest accommodations. Qbera, however, entertains applications of individuals who stay in shared accommodations as well.
Urgent loans for individuals working in Uncategorized companies
If you wish to avail an urgent loan and your employer is uncategorized or unlisted, you're bound to face rejection from a number of lenders, especially private banks. In a majority of cases, banks don't offer loans to individuals who work in unlisted companies. Top lenders have a database of companies and list them on the basis of their credit health. Qbera does not, however, reject your loan application if your employer isn't listed or categorized. So, even if you're staying in a shared accommodation, it's alright.
Personal loans for low CIBIL
Qbera offers urgent credit in the form of instant personal loans to individuals with low CIBIL scores as well. The minimum CIBIL score to qualify for a personal loan from Qbera is 575! While most private banks require individuals to have a minimum CIBIL score of at least 750, Qbera, by way of offering loans to applicants with low CIBIL scores, has been able to serve a larger section of the populace.
Interest rates on urgent loans from Qbera
The interest rate on personal loans offered by Qbera fall in the range between 11.99% p.a. and 24% p.a. The interest rate offered will depend on parameters including an individual's credit score, repayment history, risk profile, and employment stability.
Eligibility criteria for personal loans from Qbera
- You should be at least 23 years old, and not older than 55 years.
- You should have a minimum net income of Rs. 20,000 per month.
- Your credit score should be at least 575.
- No instances of defaults should be present in your credit report in the last 12 months.
Interest Rate & Other Charges
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
- 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
- EMI of ₹7091 per month
- Total payable amount in 3 years = 36 times ₹7091 = ₹2,55,276
- 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%)
- Age: 21-57 years old
- Net Monthly Income must be more than Rs. 18,000.
- No defaults in the last 24 months.
Documents Required after Digital Approval
- 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)
"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"
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