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.

• Applicant must be an Indian citizen
• Loan applicant must be at least the age of 21
• A minimum of six months of business experience
• CIBIL Score of at least 680 and above
• Consistent Monthly Income

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.

• Understand your financial needs and prioritize the problems.
• Think of an amount that will be enough to tackle your needs.
• Assess your repayment ability and ensure you can afford the loan
• Read and understand the terms and conditions, and consider alternative funding options.
• Finally, plan for repayment and borrow responsibly to avoid any kind of financial strain.

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