Urgent Cash Loan Today
Urgent Cash Loan Today
Do you want an urgent cash loan today? Well then, apply for one at Qbera and get your loan on the very same day after receiving final loan approval. Qbera offers instant personal loans for emergencies, with a turnaround time of 24 hours after receiving final loan approval, which happens post verification of your supporting documents.
Urgent Cash Loan Today from Qbera - Here are some things that you should know
If you're looking for urgent funds to make a purchase, pay for something, or tackle an emergency, an urgent loan from Qbera is easily your best option. Before you choose Qbera for an urgent cash loan today, here are some things that you should know:
You should meet Qbera's minimum income criteria
All individuals who wish to apply for an urgent cash loan from Qbera are expected to meet Qbera's internal income eligibility criteria of Rs. 20,000 per month. This is a relatively easy-to-meet eligibility criterion, as most top private lending institutions, especially banks, require applicants to have a minimum net monthly income of at least Rs. 35,000 per month.
Qbera's CIBIL criterion
If you wish to apply for an urgent cash loan with Qbera, you should have a minimum CIBIL score of 575 in order to qualify. This is perhaps the most impressive feature of urgent cash loans from Qbera, as most private lenders require individuals to have a minimum CIBIL score of at least 700 if they have to qualify for unsecured personal loans.
For an urgent cash loan from Qbera, you should be at least 23 years old, and not older than 55.
You should submit your bank statements for the last 3 months using your netbanking credentials through a secure web channel. This implies that you should be employed with your current organization for at least 3 months to qualify for a Qbera loan. Note that Qbera also takes into account an individual's employment stability - so too many breaks between jobs might work against applicants wishing to get an urgent personal loan from Qbera.
Documents require for an urgent cash loan today from Qbera
- Aadhaar Card
- PAN Card
- Proof of address
- Salary and income documents
- 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.
- You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai, Hyderabad, Jaipur, Ahmedabad or Kolkata.
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"
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