The capital of Tamil Nadu is also the largest exporter of IT and BPO services in India. This has prompted many young professionals to make this city their home. Although a daunting task, it becomes doable with enough financial backing and support from the organization. The young India entrepreneurs and professional prefer doing things their own way without leaning on parents to fund their dreams. Quick loans in Chennai are helping these youngsters find their footing in new and challenging environments.
Personal loans are the best solution for any kind of monetary deficits. Banks, NBFCs and Fintechs give out these loans. Being unsecured, these loans do not require any kind of collateral. The assets are not under the scanner and so, it becomes easier to choose this loan. The elimination of the need for an asset or a guarantor makes the onus of repayment fall squarely on the salaried youngster and so makes them responsible.
These quick loans are extremely flexible and can be used to fund a variety of situations and needs. The amount can be used to finance a vacation for self or family or to plan for that dream wedding. The amount can be used to renovate your home, upgrade your appliances or even to buy a second-hand car or bike. An emergency hospitalization can be taken care of without calling over parents or friends for funds.
The interest rate for a Qbera quick loan in Chennai starts at 10.99% and has a tenure spanning 5 years. This ensures that the monthly budget is maintained and the income to loan ratio can be kept in a comfortable zone.
These loans are instant and the entire process of eligibility assessment, document submission, verification is done online. After successful verification of the documents, the amount can be disbursed into your account within 24-48 hours. With a decent CIBIL score, you can also negotiate on the interest rate being charged. Even if your CIBIL score is marginally less – say 600 instead of the 750 that most banks ask for, you can always approach fintech companies like Qbera for a quick loan in Chennai.
• Salaried individual
• Net take home salary of Min Rs. 18,000/-
• The age bracket of 23-55
• CIBIL score of 600
• No payment defaults in the last 24 months.
If you fit the eligibility, just log on the website and apply for a quick loan. Just fill up the required personal and employment details, upload the required documents, an executive will collect the hard copies of a handful of documents from your doorstep and receive the loan quote instantly. After acceptance of the quote which specifies the interest rate and tenure, you can see the amount in our bank account. Also, there are more than 7 lac companies who share their employee database with Qbera. So, the loan approval probability is quite high.
• Aadhar card
• PAN Card
• Proof of address
• Salary and income documents
||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"