Quick Private Loan

Looking for quick private loans? Choose Qbera if you want the amount to reach your bank account within 24 hours. Private loans also known as personal loans are the ideal option when faced with any king of monetary shortfalls. Cash shortage while renovating your house or during wedding arrangements can be easily managed with a quick private loan. Your savings or assets of any kind do not have to be pledged as the loan is given against your salary. The employed applicant is made responsible to repay the loan taken from his salary on a monthly basis.

Private Loans are an excellent option while planning an exotic vacation or extensive home repairs and renovations. In order to be eligible for a private loan from Qbera, you must be at least 23 years old, have a minimum net monthly income of Rs. 18,000 and a minimum credit score of 600. 

Quick Private Loan - Difference between Qbera and traditional banks

Features of Quick Private Loans from Qbera

• Quick turnaround time: The turnaround period of 24-48 hours after document verification is unparalleled and made possible using the best in technology.
• Low-income groups considered: Applications from individuals in the low-income group are considered. This particular group faces a lot of rejection and are not preferred by traditional banks for loans.
• Shared accommodation: those staying in shared accommodation find it difficult to get a loan simply because they do not have permanent residence in the city. Such individuals are considered by Qbera basing the application on job stability and other social and economic criteria.
• Low CIBIL considered: There are a variety of valid reasons such as time gap in communication between the financial institution and CIBIL agency that may result in a low score. This is why Qbera considers marginally low scores for a loan.
• Highly flexible loans: These quick private loans are extremely flexible and can be used in a variety of ways. It can be used to Fund a marriage, education or pay medical bills. The scope is so varied that you can look at home renovation, debt consolidation or even a fun-filled vacation.

Application process for quick private loans in India from Qbera

1. Select the financial institution that is best suited for your requirements.

2. Check the eligibility criteria applicable to this particular institute like Qbera

3. Analyze the application procedure for steps and requirements

4. Check the documental requirements and make sure to meet minimum eligibility

5. Apply for the loan