Get Private Personal Loans without collateral
Unsecured Private Loans in India
When faced with an eventuality that requires instant flow of funds, personal loans are the ideal recourse to take. India as a nation is growing in leaps and bounds and so are the cities. The high standard of living and the inflation in the economy makes it difficult to manage all expenses in a monthly paycheck. This also has led to a complete absence of emergency funds with households. The presence of unsecured private loans in India has helped many household manage emergencies responsibly. Not just emergencies, these highly flexible loans can be put to various uses. These loans can be used to meet marriage expenses, plan an exotic vacation, renovate and upgrade your dwelling, consolidate debts or even to pay for a certificate course.
Unsecured Private Loans in India
Unsecured private loans in India from Qbera use advanced risk assessment algorithms and they ensure a quick turnaround time. These loans are quick and paperless, just log on to their website, fill in the details to know if you are eligible. After submitting the bank documents through net banking and a few other internal checks, the amount is disbursed into your bank account within 24-48 hours. But, before applying it is advised to go through the eligibility criteria –
- You must be a salaried individual-
- You must have a min net salary of Rs.20 000/-
- 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
Although the process is completely online, there are some documents that need to be physically submitted. These are:
- Aadhaar Card
- PAN Card
- Proof of address
- Salary and income documents
- Photographs
Interest Rate & Other Charges
Interest Rate
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11.99% to 35.99%
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Processing Fee
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1% to 5% of total loan amount
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Loan Amount
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₹1,00,000 to ₹15,00,000
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Loan Tenure
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12 to 60 months
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