Personal Loans made simple!
Immediate Money Loan
Looking for an immediate money loan to manage financial troubles? Qbera offers you the best solution in the form of immediate personal loans. The increasingly inflation ridden world today has rendered it almost impossible for a large section of the populace to actually set aside an emergency fund. So, when faced with eventualities that cost money, there is no other recourse but to opt for a loan. As such, it isn't a bad idea to opt for a loan if you have a stable source of income. Loans these days come with flexible tenure options and lenders allow individuals to choose from a wide range of loan amounts. All the financial institutions in the lending industry give out personal loans, however, if the requirement is immediate it is better to opt for Fintech companies like Qbera.
Immediate Money Loans in India
Immediate money loans can be in the form of personal loans from lending institutions. These are unsecured and so are collateral free loans. They also have additional advantages of an economical rate of interest and long repayment tenure that makes them light on the monthly budget and so more affordable. A typical money loan can offer financial support starting from Rs 50,000 to Rs 25 lakhs depending on the eligibility of the borrower. The loan tenure ranges from 6 months to 60 months and the interest rate starts from 11.99%.
Advantages of the Immediate Money Loan from Qbera
- Manageable interest rate: The interest rate applicable on a personal loan decides the total payout at the end of loan tenure. So, lesser the interest, the more beneficial it is for you. Qbera offers personal loans starting at 10.99% interest rate.
- Long repayment tenure: the tenure of the loan is another major factor that has an immense effect on the monthly payouts. The EMIs are more manageable if the tenure is long. So, Qbera loans give you a flexible repayment tenure that spans 5 years.
- Digital experience: Fintechs are an amalgamation of technology and finance. So, they offer unparalleled digital experience from start to finish. The loan application is filled online, eligibility assessed immediately, documents uploaded and collected, loan offer made and upon acceptance of loan offer, the amount is also credited directly to the bank account. Being online all these usually does not take more than 24-48 hours after successful verifications.
- Collateral free loans: These are unsecured loans and so do not require the borrower to pledge any asset with the lender. So, you are free to use the amount and then return it from your monthly paychecks without the proverbial sword on your head which is the attachment of your asset.
- Multipurpose: Use it to plan a grand wedding or a vacation, to renovate the house or upgrade your home appliances, to go for further studies or to consolidate debts, the scope is limitless. This instant loan can also be used to finance a second-hand car or a bike.
- Minimal documentation: The loan processing with Qbera is hassle-free with least documents. The documents that need to be presented include Aadhar card, PAN card, Salary slips and income statements, bank statements, photographs and post-dated cheques from the salary account.
Eligibility for Immediate Money Loans from Qbera
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You must be a salaried individual
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You must have a min net salary of Rs.18 000/-
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You must be above 23 years of age and less than 55 years
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A minimum CIBIL score of 600 and no defaults in the last 24 months
Interest Rate & Other Charges
Interest Rate
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11.99% to 35.99%
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Processing Fee
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1% to 5% of total loan amount
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Loan Amount
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₹1,00,000 to ₹15,00,000
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Loan Tenure
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12 to 60 months
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