Although we plan and organise each of our financial commitments, there often arises situations that throw us off balance and forces one to think- I need money urgently what can I do? Well, instant personal loans have made their presence felt in the market as an easy source of quick cash. They have become the go-to solution when in urgent need of money.
Well, the most loved feature of personal loan is that it eliminates the need for an individual to depend on family members or any kind of asset to rescue them in case of monetary shortfalls. These instant personal loans are given by banks and other financial institution with the person’s credit history and salary as the main criteria. Well, there are other conditions as well as the applicant should be in the 23-55 years age group and should have a minimum take-home salary of Rs. 20 000.
The CIBIL score determines the creditworthiness of an individual. Being unsecured loans, the financial institution takes the risk of giving out the amount and so the look for an ideal credit score- usually 750 and above. Having a good credit score also benefits the borrower by giving him the power to negotiate his interest rate. However, do not fret if your score is below 750. Fintech companies like Qbera also consider scores as less as 575.
Another loved feature of an online personal loan from Qbera is that the amount is completely flexible. You can use this amount to do whatever you wish. Go ahead pay off that emergency medical bill or complete the home renovation and repairs without tension. You can use it to finance your wedding or pay for your education. The amount can also be used to consolidate all your debts under one personal loan. This multifaceted property of instant personal loan is a lifesaver so think instant personal loans instead of “I need money urgently what can I do”.
So just keep the following documents handy and you can actually see the amount instantly in your bank account-
Qbera offers unsecured personal loans with quick disbursal. The key feature is following approval and other document verifications, the loan amount is deposited straight to the borrower bank account with complete flexibility to use the amount as per his wish.
||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"
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%.