Personal Loans made simple!
Instant Loan in Gurgaon
Instant Loans in Gurgaon can reach your account within 24 hours, provided you meet the required eligibility criteria. Qbera has lenient eligibility criteria, offering instant finance to individuals with a minimum net monthly income of Rs. 18,000 and a credit score of 600.
If you're looking for instant credit, it is easily the best idea to apply for an instant personal loan from Qbera, as Qbera's application process is perhaps the quickest among the multitude of lenders operating in the market.
Instant Loan in Gurgaon from Qbera - Everything that you need to know
If you're deciding to apply for an online personal loan from Qbera, here are some things that you might want to be aware of:
Approval within seconds: The majority of lenders in the market take at least 48 hours just to approve your personal loan. Qbera, however, offers instant approval to applicants who meet Qbera's relaxed internal eligibility norms.
Amount disbursed within 24 hours: After you submit your documents online, your documents will be digitally verified, after which you'll receive a customized loan offer. The customized loan offer will reflect the total sanctioned loan amount - note that the sanctioned loan amount might not always be similar to the loan amount you've applied for - multiple parameters like your income, credit health and current monthly repayments are considered before determining your eligible loan amount.
Top-class customer service: Qbera's customer service executives are available via phone, email and Whatsapp. You can reach Qbera's customer service professionals from Monday to Saturday, through any means that you find convenient.
Tips to improve your loan approval chances for instant loans in Gurgaon
Several aspects impact your approval chances for instant personal loans. Let's look at some essential pointers to keep in mind in order to improve your approval chances.
Keep your credit score high: A good credit score not only helps you get your loan application instantly approved, but also helps you to get a much lower rate of interest on your personal loan. Lenders use a certain model known as the risk-based pricing model to determine interest rates on loan applications. The risk-based pricing model
Interest Rate & Other Charges
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
- 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%)
- Age: 21-57 years old
- Net Monthly Income must be more than Rs. 18,000.
- No defaults in the last 24 months.
Documents Required after Digital Approval
- Aadhaar Card
- PAN Card
- 4 Cheques from your Salary Account
- Current Address Proof
- Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card)
"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"