Questions, answered straight

QCred.in is a loan distribution platform powered by Simply Insight Consultancy LLP. We connect borrowers with home loans, personal loans, business loans, loans against property, car loans, education loans and credit cards from India's leading banks and NBFCs — and guide you from application to disbursal.

No. QCred is a distribution partner, not a lender. Banks and NBFCs make the credit decision and disburse the loan; we help you find the right lender, package your application and track it to completion.

No. Our service is free for borrowers. We earn a commission from the lender when your loan is disbursed — you pay only the lender's official charges, which we disclose upfront.

Our EMI, eligibility and investment calculators use the same standard formulas banks use. They're free, need no sign-up, and give instant results — use them to plan before you apply.

Yes. Your information is shared only with the lender(s) you choose to apply to, over encrypted channels. We never sell your data to third parties.

Most lenders allow EMIs up to about half of your net monthly income. On a ₹60,000 salary, that supports roughly a ₹35–40 lakh loan over 20 years, depending on the rate and your existing obligations. Use our eligibility calculator for an instant estimate.

Floating rates are usually lower and have no prepayment penalty, which suits most borrowers. Fixed rates make sense only if you expect rates to rise sharply and want certainty on your EMI.

Most lenders approve from 650 upward, but 700+ unlocks meaningfully lower rates. If your score is below that, we can suggest lenders who weigh income and employer strength more heavily.

For pre-approved and digitally verified profiles, disbursal can happen the same day. A typical case with clean documents completes in 24–72 hours.

Yes — up to about ₹75 lakh unsecured for businesses with healthy GST filings and bank balances. Larger amounts typically need property or liquid collateral.

Not necessarily. An overdraft or flexi line often suits seasonal cash flows better than a term loan — you pay interest only on utilisation. We match you to lenders comfortable with your industry pattern.

Typically 50–70% of the property's current market value, capped by your repayment capacity. Commercial properties usually get a slightly lower LTV than residential.

Yes — via a top-up on the existing loan or a takeover by another lender who refinances the old loan and extends extra funds against your equity.

3–5 years balances EMI comfort against total interest. A 7-year loan lowers the EMI but you often stay underwater on the car's value — avoid unless cash flow demands it.

Rates run 2–4% higher than new-car loans and funding caps at ~85% of valuation. On a well-priced used car the economics still usually beat a new-car EMI.

The collateral (an older car) depreciates faster and is harder to resell, so lenders price in more risk — typically 2–4% above new-car rates. A strong credit profile narrows that gap.

Yes. Several NBFCs and banks fund owner-to-owner sales; the process adds a valuation and an RC-transfer step, both of which we coordinate.

Dealer EMIs are usually quoted on flat rates with fees buried in the on-road price. Convert both offers to a reducing-balance rate (our flat-vs-reducing calculator does it) before comparing.

Yes — several lenders accept new-to-credit applicants with a co-applicant or slightly higher down payment. It's also a solid first step to building a credit score.

Yes — several NBFCs specialise in first-time buyers. Expect a co-applicant requirement, slightly higher rates and 85–90% funding. A confirmed freight contract or attachment letter strengthens the file significantly.

Chassis funding is standard; body funding (tipper, tanker, container, reefer) is offered by select lenders as a combined loan. Tell us the intended build and we'll match accordingly.

Not always. For strong universities (especially STEM in the US, UK, Canada), several lenders offer unsecured loans up to ₹75 lakh. Collateral unlocks lower rates and higher amounts.

After the moratorium — your course duration plus 6–12 months. Paying just the simple interest during study, if you can, significantly reduces your final EMI.

A lifetime-free cashback card from your salary bank is the usual best start — no fee pressure while you build usage history. After 6–12 months of on-time payments, premium cards open up.

Yes — each application triggers a hard inquiry. Apply for one well-matched card instead of scattering applications; that's exactly what our matching prevents.