Indian weddings are known for being unique and exuberant; it is mainly due to the popularity (or tradition?) of arranged marriages. Here, a marriage is not just the business of the two people getting married. Rather, it is a union of two families and their extended families and everyone has a say, making it a sacred social bond for life. Perhaps this is why Indian weddings are such magnificent affairs and regardless of one’s economic background, nobody minds going all out to make them so. Today, a typical to-be-wedded couple in Pune can easily find ways to splurge over Rs. 8 to 10 lacs on their wedding - and that's excluding the honeymoon and other post-wedding ceremonies! When a candid photographer quotes you Rs. 75,000+, the grand venue you've dreamed of exchanging the garlands says their starting rate is Rs. 3,00,000 plus taxes and the décor is charged extra and the caterer approximates Rs. 300+ per plate and so on. Do you wonder why the number of people applying for wedding loans in Pune has increased dramatically in the recent past? Wedding loans are nothing but personal loans used to finance the aforementioned as well as other expenses related to wedding.
As an unsecured loan, marriage loans can be used to cover any possible nuptial expense ranging from printing invitation cards, hotel room reservations for guests, arranging transportation for guests, flower décor and even a rehearsal dinner if you want. Hence a personal loan offers you immediate and absolute control; you can utilize the money whichever way you want unlike secured loans (car loan or home loan) in which the amount is transferred directly to vendor/manufacturer. As one of the most promising and significant milestone in your life, you want to do everything possible to make it the most memorable day to be cherished forever. Qbera understands this sentiment quite well and offer customized marriage loans in Pune at competitive rates and flexible tenures.
Of course, everybody wants to mark this event in one way or the other. But we can see a positive trend in the last few years; more and more brides and grooms are stepping forward to support their parents financially. Some even offer to take care of all the expenses, while some do their bit by paying for the venue or wedding attires or catering. Most Indian parents spend a major chunk of their lifetime’s earnings on their children’s wedding. So how do the young couples who haven’t been working for that long arrange funds and lots of it? Some start saving early- put away some money every month in another account, open a recurring account, rely on credit card(s) or join some scheme that gives good returns after a specific time.
No matter how much one saves, there is always bound to be some unexpected expenses that can topple your entire planning. This is when people choose to take wedding loans. It is easy enough to arrange as the overall processing time required for formalities is way less than any other financial product. At present, there are many Fintech lenders that offer quick personal loans to people from various income brackets as per their company policies. Qbera has made it easy for applicants by following a quick approval and disbursal procedure. You can browse around and compare the features (tenure, rates, eligibility criteria and more info) across all lenders regarding wedding loan product featured here.
So you have set a wedding budget, totaled up all the possible wedding costs, and found that your savings are nowhere close to fund all the events for the day you have in mind. Everybody sees a wedding as an occasion to get together with family and friends they haven’t met for some time and have great fun. A chance to dress up and look good, to eat and drink guiltlessly, dance away like there is no tomorrow and shower the people involved with good wishes and blessings! It would be a good idea to discuss the finances with your fiancé and you can reach an agreement on what to prioritize and how much to spend.
Amidst all the pleasant chaos, to find the most apt funding resources can seem an impossible task. But when has a small glitch like this ever stopped you? One popular credit option people find reasonably rated these days are instant personal loans. It’s APR is much lesser compared to credit card interest, but not all can avail it. The lender has to be convinced of your creditworthiness and repayment capacity beyond doubt. And how do you prove that you can be trusted with credit sans security? By showing your past credit records and current credit score, of course. Your eligibility depends on your CIBIL score, the company you work for (whether it is a Cat-A, Cat-B or Cat-C company), monthly income and other parameters. Due to high competition in the field, wedding loans are offered at great rates and convenient tenures. At Qbera, the process is so seamless that all you need to do is apply online and upload documents. The papers are verified in record time and a Qbera official will get in touch with you in hours.
Get it done the Qbera way in 5 steps
Just log on to Qbera.com and fill in the application form (it barely takes 5 minutes)
Upload your bank statement on the website
Qbera gives you an offer within 4 hours
Our representative will come and collect the documents
Money transferred to your account in less than 24 hours
Qbera may be able to help when you need it the most. Apply now for a smart hassle-free loan in Pune.
1. What is the tenure of a personal loan from Qbera?
The loan tenure at Qbera is a flexible one and it ranges from 1 to 5 years (12 to 60 months).
2. What is an EMI?
It is the fixed amount that a borrower pays to the lender on a particular date every month. An EMI includes the principal and interest charged on a loan.
3. What is the minimum and maximum loan amount that I can get from Qbera?
The loan amount ranges between Rs. 25,000 to Rs. 10 Lacs.
4. What is unique about Qbera?
Our technology and lending partnership allow us to offer a world-class experience to our borrowers:
Our CIBIL score cut-off is 625 and we can give loans to employees of more than 9 lac companies in India. Now you don’t have to get rejected by banks just because they have not analyzed and categorized your employer.
5. What should be my age to apply for a loan with Qbera?
You must be at least 23 years old to apply for a loan.
6. What should be my minimum salary to get a loan?
Your net monthly income must be Rs. 20,000 or more.
7. What should be my CIBIL score cut-off for a personal loan?
Our CIBIL score cut-off is 625 (V2 score).
8. What is the rate of interest charged on a personal loan?
Rate of interest depends on a borrower’s income, CIBIL score, employer, age etc. Qbera collects information from your application form and various other data sources to create a personalized loan offer for you. Our interest rates start at 11.99%.
9. What is the eligibility criteria to get a loan from Qbera?
To get a loan from Qbera, a borrower should meet the following eligibility criteria:
10. How do I apply for a loan online?
To apply for a loan online, click here. For queries, please Whatsapp us on +91 89719 28484.
11. What are the documents required to get a loan from Qbera?
The following documents would be required after your loan is digitally approved:
12. What is the processing fee charged on a personal loan by Qbera?
The processing fee ranges between 2% - 4%.
13. How can I repay my loan?
Qbera provides easy repayment of its smart loans through automatic debit of EMIs via NACH mandate.
14. Why was my loan application rejected at Qbera?
Although we have one of the best approval rates in the industry, we may have to reject some applications if they do not meet our basic qualification criteria. You can re-apply after 3 months in case you think that your credit profile has improved.
15. Can I re-apply for a loan?
Qbera requires you to wait for at least 3 months before re-applying for a personal loan.
16. How much time does Qbera take to process a loan application?
It will not take more than 10 minutes to fill up your online application form. Our technology allows us to disburse the approved loan amount within 24-48 hours.
17. Is part/prepayment allowed on my personal loan?
We do not allow part-payments. However, you can prepay your loan after completing 1 year of repayment. (Foreclosure charges: 5% + GST applicable).
18. Do I need to submit any collateral to get a personal loan from Qbera?
All personal loans offered by Qbera are unsecured. Hence, you need not submit any assets or property to secure a loan.
||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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