Need Money Urgently Today
Need Money Urgently Today
Do you need urgent money today? In the uncertain world that we live in anything can go wrong at any time and financial shortfalls can certainly come knocking on your doors. Emergencies can demand huge amounts of money and may leave you thinking - I need urgent money today… where do I get it from?
Our near and dear ones are the first preference in case of urgent money requirements, however, if the amount is huge it is banks that one turns too. But you need urgent money today and banks rules and procedures make it impossible. The documentation and verifications take about a week if not more.
Qbera, a fintech company can help you out in such a scenario. A salaried individual with a minimum take home salary of Rs.20, 000 or more can take this Urgent cash loan. You can take a personal loan of an amount ranging from Rs.50, 000 to Rs.25, 00,000 with an annual percentage rate of interest (APR) ranging from 11.99% to 35.99% and the tenure ranging from 6 to 60 months. The Administration fee range is 1% to 5% which is quite nominal. Applications from individuals in the age group of 23-55 and a minimum CIBIL score of 575 are considered. Banks usually prefer a CIBL score of more than 750 as these unsecured loans that fall in the high-risk category. Modern technology, however, has empowered Qbera with advances algorithms and risk-based pricing models that help these companies determine an individual’s creditworthiness.
When you need urgent money today, you should look at Fintech companies like Qbera because they are quick. You fill in the required details online and in as less as 2 min, the system will advise you if you are eligible for the loan or not. If you are eligible, you can give your bank statements online through secured channels and the personnel from Qbera comes to collect the documents. After internal assessments, you can expect the amount in your bank account in as less as 24 hours which means today.
Immediate personal loans have changed the way one looks at emergency situations. But, the end-use of the amount is not specified. You can use it to pay for emergency medical procedures, renovate or upgrade your home, go on a long-dreamt vacation or simply use the amount to have a dream marriage. The loan amount can also be used to consolidate the various debts that you have landed yourself in. With manageable interest rates and longer tenure, you can actually get out of your debts faster.
Documents for personal loans from Qbera
Proof of address
Salary and income documents
Also, the loan application is not rejected simply because you are in a shared accommodation. The advanced system in place takes your employment tenure and stability in job and residence as well as a host of other factors into consideration while processing your loan application.
- 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"
Following a Supreme Court Order dated 13th March, 2018, Insurance regulator IRDAI extended the deadline for linking the 12-digit unique identity number with various insurance policies.
A day after SBI hiked deposit rates across maturities, the largest lender of India also raised MCLR by up to 25 basis points. MCLR is now at 8.15 percent which was earlier at 7.95 percent. This signals a possible increase in the EMIs of all types of loans – starting from personal loans to home, auto and other loans. ICICI Bank and Punjab National Bank (PNB) also hiked their MCLR by 15 bps. PNB home loans will now be at 8.6% and for women it will be 8.55%.