Looking for super-quick loans online? You've landed in exactly the perfect place! With Qbera, you can get quick online loans with a minimum income of Rs. 20,000 per month and a minimum credit score of 575.
Qbera is a leading Fintech company that offers quick cash loans to salaried individuals! Unlike private banks that are quite popular in the personal loan lending space, Qbera sports unique attributes that are contiguous with most Fintech companies. For starters, although banks offer the lowest interest rates on personal loans in the market, they don't offer quick loans that have a turnaround time of less than 48 hours. Usually, loans that have incredibly low turnaround times are referred to as quick loans. Other names associated with these products include easy loans, same day loans and fast personal loans.
The application process for quick online loans can be completed online. The entire application process is digital and involves minimal paperwork.
All you've got to do is visit the Qbera website and fill out your personal details (that include your KYC details) and professional details (details pertaining to your income).
You'll then receive instant approval after your credit report is automatically obtained from the bureau and your profile is evaluated by Qbera's proprietary risk-based algorithm that evaluates your profile within seconds. Aspects like your credit score, credit history, number of credit accounts, etc. are taken into account, following which the algorithm will calculate the risk involved, post which you will receive immediate approval or rejection. Don't worry if you've got rejected, you can re-apply after a period three months. The most probable reasons for rejection include EMI bounces in the recent months, instances of defaults in the last 12 months, or a poor debt to income ratio. Note that as already mentioned, in order to qualify for a quick online loan from Qbera, you should have a minimum credit score of 575.
After you've received approval, you can go ahead and upload your documents, including your bank statements. Your documents are then verified, after which you'll receive a customized loan offer. After accepting the offer, you'll receive your loan amount within 24-48 hours!
Individuals with lower than prime credit scores, those living in shared accommodations, as well as those employed in unlisted or uncategorized companies, can be eligible for a private personal loan from Qbera.
||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"
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