In simple words, an Online loan is “The amount borrowed by a lender who has an ‘internet-based’ lending process”. If you are in need of an immediate personal loan and wondering how to apply for an online loan, we are here to help. FinTech companies, as we are called, eliminate the hassles involved in traditional methods of applying for an online loan in India, mainly through banks and other financial institutions. This has been made possible through the intelligent use of Technology-led practices and the power of the Internet.
Banks and other Credit Unions have been the financial partners for many in India and are still the first choice. But, this trend is slowly declining as new-age Fintech companies like Qbera are offering online loans in India at competitive interest rates, along with a host of attractive features.
Some of the features of an online loan are:
Apply for an Online Personal Loan from Qbera
What is the loan amount you are you eligible for? What is the EMI that you can pay comfortably, considering all the other expenses for a month? These are some of the questions that cross your mind before you apply for an online loan. Very valid questions indeed and definitely, you must take time to ask yourself these questions and get an answer from your Financier.
Find your best Financial Partner with Qbera. Apply here for instant Personal Loans with Qbera and enjoy the seamlessness of processes and system.
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
"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%.