Marriage Loan Eligibility CriteriaYou are eligible for a Marraige Loan from Qbera if:
Documents required for Wedding Loans
Wedding Loan Interest Rates
How to Apply for Marriage LoanGetting a Marriage Loan in via Qbera is as easy as buying popcorn; it’s a simple five step process:
Features & Benefits of Marriage Loan:
You will not need to put up any valuables as collateral when you avail a loan from us.
We understand the unique financial needs that weddings bring which is why we have the most flexible terms, minimal paperwork and jet-fast processing.
The expense of weddings will vary depending on your unique needs, taste and even your city. In order to meet everyone’s expectations, you will have to really stretch yourself thin. We offer personal loans for weddings from INR 50,000 and up to INR 7.5 lacs so that you can cover a good portion of the total expense, if not the whole thing.
We truly believe that as a borrower you should have flexible repayment tenure. That is why you can choose between 1 to 3 years to make the repayment according to your capacity to repay. You can either choose to finish of the loan repayment in the quickest possible way by paying off in large sums, or you can pay back in small amounts, so that you only have to fish out a smaller portion of your salary each month. After the first year of availing the loan, you can even pay back the full amount in one shot and you will not be charged a prepayment fee.
Once you have filled up your online application, submitted the due documents and are approved by us, the amount will be added in your account in just a day.
We make sure that you are aware of all (if any) fines, fees and rates that you may be liable to, before you even avail the loan so that you do not feel like you have been unpleasantly surprised by any hidden charges.
From the moment that you decide to take a wedding loan from us to the moment that you complete your repayment, we will be right by your side, providing you with complete support. We are available anytime between 10AM and 6PM IST on weekdays and between 10AM to 1PM on weekends. Our staff can be reached via whatsapp at +91 89719 28484, by chat on the website or you can email us. If you leave a message, a staff member will get back to you in just a day.
You privacy is of utmost importance to us which is why we will not be sharing your confidential details with any third party whatsoever.
We make sure that your credit history is enhanced by sending regular reports to various credit bureaus.
FAQs on Wedding | Marriage Loans:
As long as you are eligible for a personal loan from us, absolutely anyone can avail a wedding loan from Qbera.
We expect customers to provide the following documents for all types of personal loans:
- Aadhar card
- Bank Statements
- 3 Cancelled cheque leaves
- Address Proof
- One photograph
- Income Proof
- PAN Card
The processing fee will depend on the amount that you borrow and is a mere 2-3%.
When there is a marriage in the family, a lot of unexpected expenses will crop up which you may not be able to manage by yourself. By availing a personal loan, you can stand on your own feet and not depend on anyone for the expenses.
Weddings are a lot of work by itself; everything from getting the invites printed to buying the clothes and jewellery will be your responsibility. They are all time consuming tasks, which is why availing a loan should be an easy job. With Qbera, availing a loan is super easy and quick as we use digital platform to process the loan, which means that very little paperwork is involved.
Once your application is approved and your documents are submitted, you can expect the amount to be credited in just a day.
- With the marriage loan, you can avail a lump sum which can be used for anything wedding-related or not.
- Essentially, a wedding loan is a personal loan. So, there are no restrictions to what you can use the money for. It is up to you.
- For example, if you decide that a big wedding is not your style and you go for a register marriage, you could use the money that you borrowed for a great honeymoon.
- Or you could decide to give your home a makeover with the borrowed amount. There is really no limit to your imagination.
We are a Bangalore-based company offering digital, quick, hassle-free personal loans to people when they need them.
Loan amounts range from Rs.50,000 to Rs.7,50,000. APR ranges from 14% to 24%. Loan lengths range from 12 to 48 months. Administration fee ranges from 2% to 4%.
* Subject to Risk Profile