Instant credit loans, or just instant credit or instant loans, are a form of unsecured credit that allows applicants to repay through equated monthly repayments. Instant credit loans have soared in popularity in the current-day market, and have gone on to supersede the influence of traditional personal loans mostly offered by private and state-run banks.
If you’re looking for instant credit loans in India, you’re in luck, as personal loans don’t take 8-10 days to reach your bank account these days. Thanks to Qbera and other Fintech companies, personal loan applicants can get instant access to credit, with turnaround times as low as 48 hours. So, if you’re on the lookout for instant credit, Qbera can be just the most appropriate choice.
Why choose Qbera for instant credit?
When you apply for an instant personal loan with Qbera, you will receive instant loan approval, after which you can submit your documents online for verification. Depending on your credit outlook, a decision will be taken on whether an executive should physically collect your documents. If your credit outlook is excellent, your documents will also be processed online, thereby expediting your loan application process. Here are some reasons why you should choose Qbera for your instant credit loan needs.
Low turnaround times
The turnaround times for instant loans from Qbera is 48 hours (max). If you’re applying for a loan for the first time, the application process can take slightly longer – but the entire application process will be completed in 72 hours.
Digital approval and online application
Through Qbera’s proprietary risk based algorithm, you will receive real-time loan approval within minutes. The next step would involve submission of your documents, which can be done online. As such, the entire loan application process starting from filling out personal and professional details to the document uploads and loan disbursal, can be completed online. For individuals with good credit scores, documents are verified online, with no necessity for the collection of physical documents.
Instant credit for low income and low credit scores
Qbera offers instant loans to individuals with poor credit scores and low income levels. The minimum income to qualify for a personal loan with Qbera is Rs. 20,000, and the minimum credit score to become eligible for a personal loan with Qbera, is 600.
Instant credit for individuals living in shared accommodations
If you’re living in a shared apartment or a paying guest accommodation, don’t have to worry. Qbera offers instant personal loans to individuals staying in shared accommodations as well.
So, if you want instant credit loans for whatever reason, Qbera is who you can count on!
||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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