Instant Small Loans in India

The Instant Loans market has grown significantly in the recent past, with several lenders offering instant loans to salaried and self-employed individuals. Among instant loans that are offered, instant small loans are a category, mostly pertaining to short-term personal loans and small loan amounts.

What are instant small loans?

Instant small loans mostly relate to loan amounts less than Rs. 50,000, that are delivered to your bank account almost instantly. The application process for these instant loans are also simple and don’t consume too much time.

How to apply for instant small loans in India?

Fintech companies are the major players offering instant loans online to salaried individuals (in some cases self-employed individuals as well). Qbera is a leading Fintech company that offers instant personal loans to salaried individuals at excellent interest rates.

Let’s take a look at how you can apply for an instant cash loan with Qbera

Instant Personal Loans with Qbera – How to apply for one?

Applying for an instant personal loan from Qbera is extremely simple. Here are the steps:

• Visit the Qbera website and choose the amount for your instant small loan and the purpose of your loan.
• Enter your details and submit your documents. You’ll need to submit your income documents (salary slips), bank statements, residence and identity proof documents.
• Get a customized loan offer from Qbera within a few hours. You can also check the loan amount that you’re eligible for by using Qbera’s online EMI calculator. Use the sliders to adjust your income and current monthly repayments (towards availed credit). The loan amount you’re eligible for will then be displayed.
• Once your documents are verified and you receive final loan approval, you will receive the loan amount within a 24-48 hour window.

Advantages of choosing Qbera for instant small loans in India

• You can get an instant small loan with a net monthly salary of just Rs. 20,000 per month.
• You can get an instant small loan in India with a credit score of just 600.
• If you’re currently residing in a shared accommodation, not a problem – Qbera doesn’t reject applications solely on the basis of your type of residence.
• Even if you’re employed with an unlisted company, Qbera will have a loan for you!
• Your loan amount after approval will reach your bank account in less than 48 hours post receiving final loan approval.
• The application is online – from start to end, the entire loan application process can be completed online.