Loan Against Cheque in Bangalore

If you are looking for a loan against cheque in Bangalore a personal loan from Qbera is the best option for you. For urgent requirements, traditional financial institutions are not that helpful, which gives way to private lenders. There is also the need for an asset to be pledged to get a traditional loan. private money lenders are quick and may or may not ask for an asset, they, however, may charge exorbitant fee and rate of interest.

Fintech’s offers a meeting point in the loan process with less documentation and fast disbursals. These are unsecured loans that do not require any asset to be pledged.  Dishonoring a cheque is a criminal offense and attracts punishments. This makes it an ideal safeguard while handing out personal loans. Qbera is a Fintech that give loan against cheque in Bangalore. 

Features of Personal Loans from Qbera

Easy Application:  The application process is quite simple. Just provide your details through an online application form at Qbera.com. Upload the required documents like salary slips and bank statements to get an instant loan offer.

Quick approval: The application processing is hassle-free. If you are a salaried with min take-home salary of Rs 20,000 per month and fall in the 23-55 years age bracket as well as having a decent credit score. You are eligible for the loan.

No Collateral: Being unsecured, there is no need for any collateral or guarantor. So, don’t worry if you do not own any legal property to pledge.

Economical interest rates: Qbera offers attractive interest rates ranging from 11.99% - 24%.

Flexible loan tenure: You can repay the loan amount in EMIs (Equated Monthly Installments) at your convenient time. The loan tenure ranges from 6 to 60 months.

Minimal documentation: The loan processing with Qbera is hassle-free with least documents. The documents that need to be presented include Aadhar card, PAN card, Salary slips and income statements, bank statements, photographs and post-dated cheques from the salary account.

Multipurpose: Use it to plan a grand wedding or a vacation, to renovate the house or upgrade your home appliances, to go for further studies or to consolidate debts, the scope is limit-less. This instant loan can also be used to finance a second-hand car or a bike.

Before applying do check for the eligibility parameters:

• salaried individual
• A minimum monthly net salary of Rs.20,000/-
• Age between 23 years and 55 years
• A Minimum CIBIL score of 575
• No defaults in the last 24 months