Instant cash loans, which are nothing but unsecured personal loans, have been so much in demand that lenders have adjusted their offerings, allowing you to get instant cash loans 24/7. The fact that instant loans can be availed without any physical documents in the shortest time span has given lenders an incentive to adjust their offering according to popular demands and make them available 24/7.
While you can apply for instant cash loans 24/7, you will receive a response during the working hours of the day. Fintech lender Qbera allows its customers to apply for instant cash loans 24/7. The need of emergency cash doesn’t arise at a specific time.
For example, let’s say your wife’s birthday is after 3 days. You finish a day at work and did not get time to apply for a personal loan to buy an expensive necklace for her. Nothing to worry about! You can still go home and apply for an instant cash loan, or from anywhere. All it needs is an internet connection in your laptop or phone. The delay can be avoided in buying that beautiful necklace for her.
Instant Cash Loans 24/7 through Qbera.com
Qbera aims at providing unsecured personal loans to salaried individuals earning a minimum income of Rs. 20,000 a month. We understand how difficult it is to spare time for small things, though important, from our busy professional life. We always postpone those “not-so-important” tasks to weekends. However, not everything can be put on hold. More so in case of financial emergencies. Debts and financial obligations always keep the pressure mounting in our peaceful lives.
To help you out in such situations, Qbera has an online presence, and you can complete the online application form from home or any other place, at the time of your convenience. If you go to traditional lending institutions like banks, you can visit the branch only between 10 am to 5 pm (in case you wish to visit - they also let you apply online). In case you missed one day, the application gets delayed further. Moreover, we never know how much time the bank will take to assess and approve it. It may take weeks or even a month.
In this fast developing digital world, a smart borrower now considers an instant loan which can be availed at any time based on his own convenience. Qbera, with an intention to serve a large number of salaried individuals, provides instant cash loans 24/7.
Qbera makes sure that no customer is turned down a loan just because he/she did not apply during the official working hours. To avoid more delays in getting financial aid, we provide all-time availability of instant loans at Qbera.com.
Benefits of Instant Cash Loans 24/7
No delays
As compared to banks and NBFCs which still go by the conventional rules to offer a personal loan to their customers, Qbera tries to extend instant cash loans to its customers as soon as they apply for it. So a borrower who earlier had to wait for weeks to get a loan can now get it in a day!
Loan at your convenience
The availability of instant cash loans 24/7 through Qbera.com has helped a huge segment of middle-class individuals right, helping them tide over their financial emergencies. One can apply for an instant loan through Qbera.com even after finishing the dinner at home.
Quick disbursal
The loan disbursal depends on many factors such as customer’s personal and employment information, his credit history etc. However, it should be noted that it also depends on how proactive the customer is in complying with the information asked by the lender. Like for example, if the customer keeps the physical documents ready when a customer executive drops at home to collect them, it would help us in speeding the process, subsequently disbursing the loan in the shortest time span.
How to Apply for Instant Cash Loan from Qbera.com?
Getting an instant cash loan from Qbera is as simple as ordering an online bedsheet through an online shopping portal. You need to follow these five steps to get an instant cash loan from us:
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Go to Qbera.com – Click on “apply now” and fill up your personal and professional details.
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Documents – At Qbera you can directly upload the documents supporting your income and address, on the website. Once submitted, we will verify them digitally.
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Digital approval - Based on the information you provided and your credit history, you can expect a digital approval for your instant cash loan application.
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Fast Disbursal – Qbera, after finally approving the loan, will offer an amount to you – which you can either choose to accept or reject.
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Once you accept the offer, the instant cash loan amount will be transferred to your bank account within 24-48 hours.
1. What is an instant cash loan?
An instant cash loan can be availed in the fastest time span when you need emergency cash. Qbera disburses instant cash loans up to Rs. 10 lacs within 24-48 hours.
2. What is the eligibility criteria to get an instant cash loan from Qbera?
It is easy to get an instant cash loan from Qbera if you meet the following criteria:
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You must be at least 23 years old and not more than 55 years of age.
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Your minimum income to apply for a cash loan should be Rs. 20,000 p.m.
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You must have a minimum credit score of 600.
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You must not have any defaults in your credit profile in the last 24 months.
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You must be residing in any of the following cities:
- Bangalore
- Delhi-NCR
- Ahmedabad
- Jaipur
- Hyderabad
- Pune
- Mumbai
- Chennai
3. How can I repay my instant cash loan?
Qbera’s repayment method is as instant as the loan disbursal. You can get your EMIs directly debited from your bank account through the NACH mandate.
4. What is the administration fee charged by Qbera for an instant cash loan?
Qbera charges a minimal administration fee that ranges from 2-4%.
5. How much time does Qbera take to process an instant loan?
It will not take more than 10 minutes to fill up your online application form. Our technology allows us to disburse the approved loan amounts within 24-48 hours.
Interest Rate & Other Charges
Interest Rate
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11.99% to 35.99%
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Processing Fee
|
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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Step 1: Online Application Form
Get approved instantly
Fill out our online application form by answering a few questions about yourself, your employment, your education, expenses and needs. This process would take no longer than 10 minutes.
Step 2: Connect bank account
Submit your bank statements
Connect securely to your bank via netbanking and submit bank statements as part of the easy loan application form. Alternatively, you can upload bank generated pdf bank statements.
Step 3: Loan term
Choose your Loan Term
Using our proprietary Credit Scoring Algorithm we determine your loan eligibility in real-time. Our algorithm uses the information about you, to determine your future potential and help you get the best rate instantly.
Example: A
loan offer of
₹2 lac, for a
tenure of
3 years at an
interest Rate of
16.6% (on a reducing principal) and a
processing fee of
2.5%.
Translates to:
- 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%)
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