Personal Loans made simple!
Quick Loan in Hyderabad
The need to take loans to meet fiscal deficits is on the rise and more so in emerging and fast-growing cities like Hyderabad. For quick loans in Hyderabad opt for Fintech companies such as Qbera that offers excellent facilities. You can get the required amount in a short period of time and with a long repayment tenure. With loan amounts ranging from Rs 50 000 to Rs 25 00 000 any kind of monetary need can be easily managed.
Quick Loan in Hyderabad - Difference between Qbera and traditional banks:
|CIBIL score of 600
||Minimum CIBIL score of 750
|Minimum net monthly income of Rs. 18,000
||Minimum net salary of Rs 30, 000 and more
|No defaults in the last 12 months
||No defaults in last 12 months
|Late payments a few times are allowed
||Late payments attract heavy penalty
Features of Quick Loans in Hyderabad from Qbera
- Instant procedure- The entire process of applying for the loan, checking eligibility and documentation is done online and it is quick.
- Flexible repayment options - these online personal loans give the customers the benefit of flexibility in choosing a tenure. The tenure ranges from a year to 5 years.
- No collateral required- These are unsecured loans and so, you don’t have to worry about pledging your assets.
- Secure platform- All your details are secure and there is strict adherence to the policy of not sharing customer details without permissions.
- Competitive rate of interest- The interest rate of personal loans is quite competitive as there are a number of players in the field. So, hunt around for the best interest rate possible.
Different ways to use a Quick loan in Hyderabad from Qbera
Medical bills: An emergency hospitalization and subsequent bills can be managed with a quick loan in Hyderabad from Qbera. These personal loans have manageable rate of interest and easy repayment tenures eliminating the stress associated with huge medical bills.
Marriage bills: A wedding is once in a lifetime event and so everyone plans it in the best way possible. This often leads to huge bills and a whole lot of planning and execution which further takes money and efforts. The money aspect can be dealt with easily with a personal loan that is stress-free.
Educational certification: The highly competitive world of today tends to trample the ones without credentials. You can upgrade your qualifications to be better noticed and also to get a good position. These course upgradations are invariably expensive but fret not with an instant personal loan from Qbera.
Consolidate debts: The rise is lifestyle and cost of living has forced many to opt for more than one credit card, often leading them into the vicious cyclic debt. A quick personal loan in Hyderabad from Qbera can be your savior in consolidating all such debts under one head and repaying in easy EMIs.
Plan exotic vacation: Vacation is much needed to destress, however, the costs involved can add to the stress. So, instead of digging into your savings choose quick loans with easy repayment options.
Interest Rate & Other Charges
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
- 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%)
- Age: 21-57 years old
- Net Monthly Income must be more than Rs. 18,000.
- No defaults in the last 24 months.
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"