Qbera Open Nav
Simple . Fast . Secure

Home Improvement Loan

Home Renovation Loan Bangalore
Apply now!
Choose your employment status to find the Qbera Loan that’s best for you!
I am Salaried (I currently work for a Private Ltd, Public Ltd, Govt., LLP)
I am Salaried (I currently work for a Proprietorship, Partnership Firm)
I am Self Employed (I have my own business)
I am Currently Not Employed
Loan amounts range from Rs.1,00,000 to Rs.15,00,000. APR ranges from 11.99% to 35.99%. Loan lengths range from 12 to 60 months. Administration fee ranges from 1% to 5%.

Home Improvement Loan in Bangalore


After 12 years in their modest ‘Gulmohar Villa’, Arjun Pathak and his wife Jessica were all set for something larger and improved. When they bought the house in 2004, they availed a home loan for a 20 year tenure, though 75 percent of it is already prepaid (thanks to combining smart options like refinancing and part prepayment). They thought they could finally get a more stylish form to their home. They surfed a good many online and offline home improvement catalogues and were shocked. The price was way more than they had anticipated. 

What do you think is the best option for the Pathaks when they do not want to pledge any property they own? Of course there is a way. There always is. 

Everyone who owns a house and has remodeled it at least once can find this terrifically relatable. Yes, home restoration causes more stress than buying a new house. Sounds unbelievable, right? Be it kitchen renovation, bathroom remodeling or building a new room, you will be forced to watch your good ol’ domestic serenity transforming into full-fledged turmoil. And this is nothing compared to the drama once the workers are hired. Tantrums, vanishing act, screaming, getting every resident (of varying ages) to adjust accordingly when workers and their noisy machines occupy the house and many more can give tough competition to the most bizarre parody script, causing stress after stress for homeowners. Many rely on home renewal loans to make the renovation smooth sailing. 


Usually, most property holders contemplate upgrading their homes and surroundings for specific occasions like a wedding in the family, a new addition in the family or the homecoming of a loved one. There are some people who renovate just because they are in need of change in their surroundings,. Some may even renovate just before they plan on selling their house, as a renovated house with modern finishings and furnishings has a higher market value. 

As property prices are slowly recovering from the slight crack in the real estate crash due to demonetization, home buying and home improvement are also returning to normal. People splurge on renewal of houses to fit their changing requirements or to make it rather appealing to prospective purchasers. Needs and tastes change, evolve and go in and out of fashion constantly. What you thought was amazing when you furnished your home might seem dull and drab now. Or now that the children are past their destructive-phase, it is safe to invest in some swanky remodeling or cool furniture. 

Along with changing the entire set of furniture, trendier flooring and upgrading the kitchen, some other popular home refurbishment options are to do with giving a face-lift to the exteriors- fencing, changing the roof, building a driveway, or landscaping to name a few. 


Many homeowners struggle to arrange funds required to give houses the face-lift they want, especially as most still have their outstanding housing loans (among other obligations) in the picture. As personal loans are unsecured, most banks have stringent criteria for meting them out. This is where Qbera serves as a Good Samaritan. Salaried people (earning more than INR 20,000 per month) with a CIBIL score of 625 or more can easily borrow up to ₹10,00,000 in one day. 


Before taking an abrupt decision that your house needs significant improvements (doesn’t it always). Wait before you take up the hammer. Have you finalized your plans on what to change and what to refurbish? Is everyone in the home ok with the final plan? If not, get those right first. You need to figure out a plan along with a rough budget before you even approach a lender or service provider for adequate finance. Ranging from mini tasks like window replacement and fixing a new wardrobe or two to big projects like adding a room or landscaping, home repair costs vary unimaginably. 

Check out a few factors given below to get it right:

  1. Does this require professional assistance/help?
    Some of us are quite adept at managing minor repairs. No doubt, it is cost-effective too. But let us be realistic here. You may be able to take care of jobs like painting the walls. But what about something like changing the wiring (unless this is your area of expertise and you have done it before)? It is better not to see this as an opportunity to ‘learn something new’ because it is likely that you will lose both time and money not to mention your sanity trying to figure out things when you are already short of cash.
  2. What are the legal formalities involved?
    It is a sad fact that most of us are unaware of the many laws of the land until penalized. Certain renovation plans, for instance extensions beyond 75cms require approvals from the respective Municipal Corporation or Panchayat. It is strongly recommended that you check these facts before you venture down that path.
  3. Lifestyle versus investment:
    What is the purpose of improving the home now? Is it to improve quality of your life (with better and cozy furniture without compromising on aesthetics)? Or is it to increase the resale value (like an additional office room or getting a solar panel installed) or is it purely need-based (like essential repairs you cannot postpone any longer)? Sort this out first and you will get a better picture of what you want.
  4. How do I go about budgeting the project?
    Now that you have made a list, it should be easy to prepare a rough budget. Meet the contractors/workers and get an estimate for the materials as well as the labor. If it is more than what you have anticipated, you can easily apply for a personal loan.


Until a few years ago, arranging cash for a new home-look, be it adding a new kitchen or another storey, always meant approaching a bank, convincing the loan manager and hoping that you request would be granted. As personal loans are unsecured, banks don’t give out loans to just anyone. They follow a strict criteria regarding the applicant’s income, CIBIL score and current obligations among others and only a small percentage of applicants could pass this. Things are different today. And Qbera is one such service provider that offers personal loans up to ₹10,00,000 to salaried people. While most banks do not consider loan seeker with CIBIL score that falls below 700, Qbera only asks for a credit score of 625 and above. Here you will be pleasantly surprised to know that you are eligible to borrow more than you were told you could. The goal is to make loan shopping a quick and simple process with zero confusion. Any query you might have about the process will be happily answered by our staff. 


  • Interest rates
    Personal finance via Qbera can cost you an interest rate starting from 11.99% but no more than 24% as per the RBL norms.
  • Loan tenure
    You can opt for tenures ranging from one year to three years. The longer the home improvement loan is, the lesser the EMI. But you will be levied more interest. That is why you'll shell out far less for 6-month loan than for an 18-month loan.
  • Loan sum
    You may borrow any amount ranging from ₹25,000 to INR 5,00,000 via Qbera. Whether you get professional help or plan to do the renovations yourself, start by preparing a rough approximation of expenses. Despite the grand promises and flimflam contractors and companies make in their advertisements and promo events, there are bound to be some added outlays. Be prepared for these added expenses, and while selecting a loan amount, make sure you keep some buffer amount for these surprises.
  • Eligibility constraints
    The amount you can take as personal mortgage hinges on your credit history, the loan-to-value ratio, and your salary. Qbera doesn’t keep a high bar for these (at least not as much as other lenders). The minimum remuneration requirement is INR 20,000. Personal loans are not endowed with tax benefits under section 80 and the interest rate is also a tad more. But for those who do not want to put up any asset (home, gold or other property) as collateral, this is a good alternative. All you need is a salaried job and a decent credit score of at least 625.


Qbera application procedure takes the words ‘easy’, ‘quick’ ‘simple’ and ‘hassle-free’ among others to a new level. Given below are 5 steps to get it done the Qbera way.

  • 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 bangalore.

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:

  • Paperless application
  • Instant lending decision
  • Digital verification of income, employment and residence
  • Disbursement of loan within 24-48 hours

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:

  • Must be a salaried employee.
  • Age must be between 23-55 years.
  • Net monthly income must be Rs. 20,000 or more.
  • No defaults in the last 24 months.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai or Hyderabad.

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:

  • Aadhar Card
  • PAN Card
  • 4 cheques from your salary account
  • Current address proof
  • Permanent address proof (in case the permanent address is different from the address on Aadhar card)
  • Passport size photo

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.

Interest Rate & Other Charges

Interest Rate
11.99% to 35.99%
Processing Fee
1% to 5% of total loan amount
Loan Amount
₹1,00,000 to ₹15,00,000
Loan Tenure
12 to 60 months
Getting a Qbera Smart Loan is Simple
Fill out our online application form
Step 1: Online Application Form
Get approved instantly
Fill out our online application form by answering a few questions about yourself, your employment, your education, expenses and needs. This process would take no longer than 10 minutes.
Connect your Bank Account
Step 2: Connect bank account
Submit your bank statements
Connect securely to your bank via netbanking and submit bank statements as part of the easy loan application form. Alternatively, you can upload bank generated pdf bank statements.
Select your loan term
Step 3: Loan term
Choose your Loan Term
Using our proprietary Credit Scoring Algorithm we determine your loan eligibility in real-time. Our algorithm uses the information about you, to determine your future potential and help you get the best rate instantly.
You’re done! Get the money in your Bank Account as early as tomorrow.
Example: A loan offer of ₹2 lac, for a tenure of 3 years at an interest Rate of 16.6% (on a reducing principal) and a processing fee of 2.5%. Translates to:
  1. Processing Fee deduction of ₹5000 (2.5% of 2 Lacs) from loan amount, thus, the amount credited to your account will be ₹1.95 Lacs
  2. EMI of ₹7091 per month
  3. Total payable amount in 3 years = 36 times ₹7091 = ₹2,55,276
  4. Total Interest paid in 3 years = ₹55,276, hence, annual interest paid = ₹18,425 (which translates to an effective flat annual rate of interest of 9.21%)
Repaying a Qbera Smart Loan is just as Simple
Repay your loan with automatic EMI payments.
  • Age: 21-57 years old
  • Net Monthly Income must be more than Rs. 18,000.
  • No defaults in the last 24 months.
  • Aadhaar Card
  • PAN Card
  • Current Address Proof


"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 would like to thank Qbera for speedy loan processing. I was having a tough time in deciding which bank would actually take my request for a loan as the loan was supposed to be for credit card payoff. I was forced to use my credit card for an unforeseen expense which I could not avoid and was finding it tough to pay back due to the high interest cost on credit cards. 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"

Are you ready to get your Qbera Smart Loan?
Apply Now


Powered by InCred

We are a Bangalore-based company offering digital, quick, hassle-free personal loans to people when they need them.

Loan amounts range from Rs.1,00,000 to Rs.15,00,000. APR ranges from 11.99% to 35.99%. Loan lengths range from 12 to 60 months. Administration fee ranges from 1% to 5%.

* Subject to Risk Profile

Need Help?
Contact our support team via WhatsApp by clicking below:

E-mail: contact@qbera.com
Phone: 1800 4198 121
Whatsapp:+91 72080 56906
2nd Floor, Featherlite Vista Building,
MV Jayaram Road,
1st Main, Vasanth Nagar.
Bangalore 560 052

© 2021 Qbera | All Rights Reserved