Quick Loan in Ahmedabad

Looking for quick loan in Ahmedabad? Qbera has an excellent solution for you. Instant personal loans are the best solution to manage any kind of financial shortfall. These are easy and hassle-free solution for any kind of monetary requirement. Typically banks and other financial institutions take up to a week to process loan applications, but with the introduction of modern technology this has been drastically reduced. Fintechs are financial companies that extensively use technology to make work easier and faster. The introduction of eKYC and online credit verification have further helped in making the loan process quick.

Advantages of a Quick loan in Ahmedabad

The interest rate decides the total payout at the end of loan tenure. A lesser interest rate is better and Qbera offers personal loans starting at 10.99% interest rate.

Long repayment tenure has massive effect on the monthly payouts. If you are looking at lesser EMIs opt for a long tenure. Qbera Quick loans have flexible repayment tenure that spans 5 years.

Being the perfect blend of technology and finance these loans are completely digital. The whole process is seamlessly done online – application filling, assessment, document submission, loan offer, verification and finally disbursement. Also, this is usually done within 24-48 hours.

Being unsecured loans, no asset is pledged with the lender. This feature is particularly liked by youngsters who might not have any asset to pledge and do not wish to burden their parents into being a guarantor on a loan. The loan has to repaid from salary and so a healthy income to debt ratio should be maintained.

The quick loan in Ahmedabad can be used to plan a wedding or a vacation, to renovate the house or to go for further studies or simply to consolidate debts, the scope is limit-less.

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

Yes, these loans are very quick and easy to apply. However, before you apply for a quick loan in Ahmedabad, check the eligibility conditions. These typically are different in different organizations. Apply only if you meet these basic conditions. Each time you apply, the lender does a hard pull of your credit records from the credit bureau and multiple such pulls in a brief period of time is considered as credit-hungry behavior.

The eligibility criteria are:

• You must be a salaried individual
• You must have a min net salary of Rs.18 000/-
• You must be above 23 years of age and less than 55 years
• Minimum CIBIL score of 600 and no defaults in the last 24 months