Looking for one-day approval cash loans in India? Qbera has one for you! You can complete the entire application process for your instant cash loan online and get your application approved digitally! Qbers offers one-day approval personal loans to salaried individuals who earn a minimum net monthly income of Rs. 20,000. Choosing Qbera for your personal finance needs comes with a long list of advantages.
Let's look at some advantages in choosing Qbera for your instant cash loan needs:
Benefits of choosing Qbera for one-day approval cash loans in India
Super quick and paperless approval
This is one of the stand-out features of choosing Qbera for your instant credit needs - the application process is completely paperless and digital, and does not necessarily involve submission of physical documents unless of course, you don't have a credit history or your repayment history isn't all that impressive. After filling out your details - personal, professional and KYC - you will receive instant approval, after which you'll have to submit your documents, including your bank statements, online. After your documents are verified, you will receive a customised loan offer, post acceptance of which, you will receive your loan amount within 24-48 hours.
One-day approval personal loans for individuals with low income
Qbera offers one-day approval personal loans to individuals with low income levels, much unlike traditional lenders, who require applicants to have a minimum income of at least Rs. 30,000 per month - other popular private banks sometimes ask for minimum monthly incomes of Rs. 40,000 - 50,000 to qualify for personal loans. By allowing individuals with low income levels to apply for same day personal loans, Qbera has been able to serve a larger section of the market.
Instant approval cash loans for low credit scores
Qbera offers instant credit options to individuals with low credit scores too. An applicant with a minimum credit score of 575 can apply for a personal loan with Qbera. However, the applicant should have no instances of default over the last 12 months in order to qualify for same day approval cash loans with Qbera. Traditional banks usually require individuals to have minimum credit scores of 700 to be eligible for personal loans.
Loans for individuals staying in shared accommodations
While most lenders reject individuals residing in shared accommodations, Qbera does not disqualify applicants solely on this parameter. Individuals residing in shared accommodations are eligible for instant credit from Qbera!
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