When an emergency situation occurs, the first thing you want to check is the financial status. If you have the money, then there is no need to worry. However, if you do not have it, then this is the first thing you want to do. You want to make sure; you have enough cash to thorough the emergency.
So, if you are looking for ways to get instant cash in 1 hour in India, then you have come to the right page. There are at least 2 apps that offer it. We will tell you everything about it. Both apps offer the best instant personal loan in India. Now, let’s begin.
Qbera
Qbera is the first app you need to know. It is a digital lender with amazing benefits. It has an easy and transparent application procedure. The disbursal time is very fast, along with complete security of personal details. First, let’s see the basic details, then eligibility criteria, required documents, and how to apply?
Qbera offers Instant loans from Rs 1 lac to 15 Lacs.
Qbera rate of interest ranges from 11.99% to 35.99% P.A.
The processing fee is 1% to 5% of the loan amount.
The pre-closure charge is 2.5% of the outstanding amount.
The Eligibility Criteria for Qbera
The borrower must be a citizen of India.
The borrower minimum age should be at least 23 years to apply.
The borrower monthly salary should be at least Rs 20,000 per month.
The minimum credit score of 575 is needed to apply for an instant personal loan.
Documents required for Qbera
These are the documents you will need to submit.
Identity proof
Address proof
Bank Details ( Bank statement and salary slip)
How to apply?
First, download the Qbera app.
Sign up, fill out the details.
Choose your loan type and lender.
Upload the documents.
Get the disbursed amount.
Because of its offers and features, Qbera offers the best persona loan in India. Now, let’s move on to the second app, which is MoneyTap.
MoneyTap
MoneyTap is another app that offer instant cash in 1 hour in India. Here are it’s basic details.
MoneyTap offers Instant loans from Rs 3000 to 5 Lakhs.
MoneyTap interest rate ranges from 13% to 24% annually.
MoneyTap processing fee 2% of the loan amount.
The late payment charge is 15% of the outstanding amount.
The loan tenure ranges from 12 months to 60 months.
The eligibility criteria for MoneyTap
The borrower age should be above 23 years.
The borrower minimum salary should be at least Rs 20,000 per month.
The borrower should have a minimum of 2 years of work experience.
Documents You will need to submit
Aadhar Card
Address proof ( Electricity bill, Driving license)
Bank details
Company Name and Details
How to apply?
Download the MoneyTap app from the Google play store.
Create an account, apply for the loan.
A loan executive will come to your home to collect the documents.
Once it is approved, the loan is disbursed in your bank account.