Looking for an instant loan in 1 hour in India? Well, your search ends here, with Qbera! Qbera offers instant cash loans to salaried individuals who are at least 23 years old, and have a minimum net monthly income of Rs. 20,000. The best part about Qbera’s instant personal loans is that these loans are provided even to individuals with low credit scores – individual with credit scores as low as 575 can get an instant cash loan in 1 hour in India. Let’s go ahead and find out more about online personal loans from Qbera and how they’re increasingly changing the way people borrow money.
A. No. you'll need to upload your documents online. No physical documents need to be submitted. The entire process is paperless and presence-less.
Not all lenders who are in the personal loan lending space offer immediate cash loans in India. While instant cash loans are a reality in India, it is only Fintech companies that offer instant cash loans in 1 hour in India. Qbera offers instant cash loans in 1 hour in Bangalore, instant cash loans in 1 hour in Chennai, Mumbai, Hyderabad, Jaipur, Ahmedabad, Pune and Delhi.
Coming to the question of how these loans work, well, it is quite simple. Login to the website, fill out your details (personal, professional, KYC) and receive instant approval – this is if your profile meets the internal credit criteria. Once done, upload your documents, receive the final loan offer, accept it, and receive the money in no time.
While banks have been the leaders in the personal loan space, thanks to Fintechs and their capabilities to provide one-day approval personal loans in India, a larger number of individuals have been able to get access to credit. While banks have stringent eligibility parameters that need to be met, Fintechs have relatively easy-to-meet eligibility parameters, allowing a larger number of individuals to qualify for instant cash loans in 1 hour in India.
Let’s look at some attributes of Qbera’s instant personal loans:
||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"
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