Qbera offers salaried individuals with urgent personal loans at interest rates that start at 11.99% p.a. and go up to 24% p.a. An urgent personal loan from Qbera is easily your best bet if you want immediate funds to tackle any sort of financial emergency. But remember, you must be salaried and meet Qbera's basic eligibility parameters in order to qualify for an urgent personal loan from Qbera.
As the name suggests, urgent personal loans are unsecured loans that do not require any form of collateral to be submitted or pledged to the lending institution, and technically have a turnaround time of 24-48 hours. When you apply for a personal loan (or an urgent loan) with Qbera, you can list your loan reason as - emergency. Qbera's urgent loans have minimum turnaround times, minimal paperwork, and extremely easy-to-meet eligibility criteria.
As mentioned in the previous paragraph, Qbera has lenient eligibility parameters that are very easy to meet. Speaking of which, the eligibility parameters quoted by Qbera are way easier to meet than most lenders that operate in the market today. A prominent reason for this is that Qbera is a Fintech lender and does not adopt stringent eligibility parameters adopted by private banks.
In order to get a personal loan from Qbera, your credit score should be at least 575. If you approach a top private bank for a personal loan, you should have a minimum credit score of at least 750 in order to become eligible.
The income criteria
The minimum net monthly income to become eligible for an unsecured personal loan from Qbera is Rs. 20,000 per month. Again, if you approach a top private bank for an unsecured personal loan, you should have a minimum credit score of at least Rs. 30,000-40,000 per month.
You must be employed for a minimum period of 3 months, with a minimum work experience of at least 1 year if you are to become eligible for an urgent personal loan from Qbera. Bank statements can be submitted online through a secure web channel using your internet banking credentials.
||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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