After filling out the online loan application with the required documents. Our team will verify the documents and your eligibility, if everything goes well you can get approved for the loan within an hour.
To be eligible for a loan from Borrowera, you must satisfy the following minimum requirements.
Yes, you can repay your loan early without any penalties or fees.
Once your loan is approved, the loan amount will be credited directly to your bank account within 4-5 hours.
No, you don't need to provide/submit any collateral to secure a business loan from Borrowera. You only need to submit a few documents and you can easily get approved for a loan and get the funding quickly. As long as you meet all the requirements, you can avail yourself of the loan without worrying about putting up any assets as security..
Before applying for a Short Term Personal loan, consider the following key points.
At Borrowera, we believe in total transparency in our service. We openly disclose our charges, with no hidden extras or high-interest payments to worry about. Before applying for the loan, you can read our Terms and Conditions to understand our transparent lending process.
Yes, you can take another loan immediately, once you have repaid your previous loan amount with interest in full.
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Repayments can be made through the portals available on our website. You can make payment through bank transfer, or UPI.
Please contact us immediately if you're having financial trouble before your next repayment date. We'll work with you to find a solution.
Yes, a minimum of 750 credit score is required to be eligible to take a loan. We still consider applicants with all credit histories. However, approval is subject to our lending criteria