Online Instant Loan
Online Instant Loan
If you are on the lookout for a personal loan with a quick turnaround time, to salaried individuals earning a minimum income of ₹20,000 p.m. If you wish to apply for an online instant loan with Qbera, you can be certain of the fact that the entire application process will not take you more than 5 minutes. As a matter of fact, there are few things that are as easy to do as applying for an instant loan from Qbera.
It goes without saying that when times are tough, you want the simplest solution to your financial troubles, and this is exactly what an instant online loan from Qbera delivers. From the comfort of your home, you can fill up the online form, get approved and have the amount you need in just one day. Now that's what we call an instant loan!
We at Qbera bring to you all the experts in the field so that you get the best possible loan offer, aligned perfectly to your interests, at the best rates and the quickest turnaround time. With high working standards and top-quality service, we assure seamless service at every stage of your experience with us; from the time you've applied to when you've completed your repayment.
Eligibility for Online Instant Personal Loan from Qbera
You are eligible for a loan from Qbera if:
You are employed and earning a minimum income of ₹20,000.
You are between 23 and 55 years of age.
You have a minimum credit score.
Documents to Get Instant Loan after digital approval:
Current Address Proof
Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card)
4 Cheques from your Salary Account
Interest Rate for an Online Instant Loan from Qbera
Interest rates for Qbera Personal Loans range from 11.99% to 24%.
The exact terms of the loan depend on certain factors such as your ability to pay back, history of past repayments, work experience, current profession, credit score and age.
How to Apply for an Online Instant Loan
Getting a loan via Qbera is as easy as buying ordering a pizza; it’s a simple five-step process:
Log on to Qbera.com and fill out the online application form which should't take you more than 5 minutes.
Auto-submit your bank statements by providing your netbanking credentials, e-mail your bank statements to us. Note that your bank statements should reflect your salary credit. Note that submitting your bank statements through your netbanking credentials is an entirely secure process that takes place on highly-secure web channels.
Get a customized loan quote from Qbera in about 4 hours.
Note: The verification process will, for a majority of cases, be done online. But if necessary, a representative from Qbera might come and collect the physical documents from you.
Once you've submitted your documents and get an approval post that, you can expect to receive your loan amount within the next 24 hours.
Features & Benefits of Online Instant Loans from Qbera
Collateral isn't necessary
An instant loan from Qbera is an unsecured personal loan and does not require you to submit any form of collateral. Meaning, you don't have to pledge any asset to obtain a Qbera Instant Personal Loan.
Low Turnaround time and digital process
The turnaround time for a Qbera Instant Loan is one of the lowest - after submission of your documents and getting approval based on your credit profile and document verification, you can expect to receive the loan amount within 24 hours. Verification of documents, identity and address is done digitally.
Choice of tenure
When you apply for an instant personal loan, you can choose a tenure of your choice, Tenures for the Qbera Instant Loan are similar to tenures for normal personal loans - they range from 12 months to 60 months (1 year to 5 years). There is also the aspect of tenure flexibility - customers can change their tenure and also pre-close their loan if they want to.
Transparency in the application process
When you apply for a Qbera Instant Loan, you will be made aware of all fees and charges upfront. No charges will be hidden from you.
Supreme customer experience
When you choose Qbera for an online instant personal loan, you can be certain of receiving the highest quality of customer service. Our customer service representatives are available between 9:30AM and 7:00PM IST on weekdays, and between 10:00AM and 1:00PM on weekends. You can also reach out support staff via Whatsapp at +91 89719 28484, via Toll-Free number at 1800-4198-121 or e-mail us at firstname.lastname@example.org.
Your details are secure
All your details are secure with us and we strictly do not share your details with anyone.
A low credit score is fine
Even if your credit score is low, you can be eligible for a Qbera Instant Loan. Qbera offers loans to people with a credit score of 600 and above.
- 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%)
- You must be a Salaried Employee
- Age: 23-55 years old
- Net Monthly Income must be more than Rs. 20,000.
- No defaults in the last 24 months.
- You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai or Hyderabad.
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"
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A loan can get you and your loved ones the comfort of a car and security of a home, and many other things. But your real responsibility begins only after taking the loan.