An Instant Online Unsecured Loan is a personal loan that comes with flexible tenures ranging from 6 months to 60 months. When you apply for an instant loan, you will receive instant approval, your documents are verified on the very same day, and you will receive your loan amount within 24 hours post final verification. If you are a salaried individual with a minimum net monthly income of Rs. 20,000, you are eligible for one with Qbera.
When faced with financial shortfalls, one of the best possible sources of funds is to take a personal loan.
Quite a few lenders in the market offer feasible options ideally suited to your requirements. Other than less interest rate and long tenure few other factors such as the turnaround time and customer care services provided makes the loan process either a good or a traumatic experience.
Banks, NBFCs and Fintech companies in the lending market offer Instant online unsecured loans giving customers the power to choose a loan that perfectly fits his needs. Also, these Fintechs like Qbera promise a complete digital experience, the application process is online and involves minimal paperwork. The supporting documents like pay slips and bank statements are also submitted online through secured net banking gateways. The process is extremely simple- just take your laptop or on your desktop, search for Qbera.com, fill in the personal and employment details and the information about your loan eligibility and offer will be communicated in 2 mins. The documentation and validations are all done online with minimum paperwork. After the completion of all checks, the amount is deposited directly into your bank account in 24-48 hours.
These instant personal loans can be availed by any salaried individual between the age of 23-55. A net take-home salary of Rs.20 000 is preferred. The CIBIL score is another important criterion. Being instant online unsecured loans there are no assets pledged and so categorized in the high-risk loan category. Banks, therefore, prefer a credit score of 750 and above while processing the loan application. Qbera, however, does process applications with a score of 600, and also considers the social and economic standing of the individual. It is advisable to maintain a high CIBIL rating as this ensures better interest rates. A periodical checking of your score is prudent as any discrepancies that might bring down your score can be easily identified and rectified.
Qbera also considers applicants who work with uncategorized companies. All financial institutions have a vast database of employees employed by different prominent companies. Most banks reject the application if the applicant’s company is not present in their database. Qbera, however, offers instant online unsecured loans to employees of more than 7 lakh companies, thereby enabling more individuals to get access to financial services. Applicants staying in shared accommodations and guest houses are also considered for a Qbera loan.
||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"