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Credit Card Refinancing

Refinancing Loans Chennai!
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%.

Credit Card Refinancing in Chennai

There is no dearth for reasons to celebrate here in Chennai. Every other week there is a festival and even if you plan your month’s expenses meticulously, there will be some unexpected costs (a doctor’s visit). By the end of the month you may find it difficult to gather enough funds to pay off your credit card debt which means you will have to pay for it the following month with an additional late fee. What if there was an easy way out of this vicious cycle? Qbera brings to you the best Credit Card Refinancing Loan out there. It is simple to acquire and makes your financial trouble disappear quickly. 

What is Credit Card Refinancing?

Choosing to settle an existing debt by taking on another payment option, one that has more favourable features, means that you are ‘refinancing the debt’. Basically, if you have a credit card payment hanging over your head, you can choose to pay it off with a loan which has lesser interest rates and more attractive features than what you had with the credit card. This means that your tenure is extended and even with added fees and penalties, you will end up paying less! What’s more, your credit score will be better off without any late payments in your name.

Even if you are someone who has multiple credit cards, you can take out one lump sum in the form of Credit Card Refinancing Loan from Qbera to pay off all of your debts in one shot, and thus maintain a perfect credit score. 


  • Simple approval
    We have all been there, gotten carried away by the all-powerful credit card and being stumped while wondering how to pay off that hefty bill at the end of the month. Credit Card refinancing loan is one of the simplest ways to fund such situations. We will offer you a loan as long as you are salaried with a minimum salary of Rs. 20,000. Unlike most banks, we will offer loans to those working in a wide variety of companies, including start-ups.
  • One day approval
    Application, approval and disbursement of your funding can be done in just a day!
  • Minimal paperwork
    Making your life simple is our priority which is why we offer personal loans with minimal paperwork.
  • Complete financing
    Our Credit Card Refinancing Loan lets you finance all your overdue bills in one lump sum starting from ₹25,000 up to ₹10,00,000.
  • Just one due date to deal with
    Bills come in like clockwork each month; the electricity, phone, internet and so much more. In this whirlwind of bills to pay, it is easy to lose track of your many credit card bills. But once you take out a personal loan from Qbera to pay off all your credit card dues, you just have to worry about that one EMI (We will send you reminders just in time for you to make your payment).
  • Interest Rate on Refinancing Loan
    The APR we charge between 14-24%, on par with the current market rates.
  • Fees and other charges
    The fees and charges that we charge for credit card refinancing loan is on par with the market. The processing fee is a mere 2-3% (this will be based on the amount borrowed). Other charges like late payment fees, prepayment charges, ECS/cheque bounce charges and special service request charges are as per the RBL norms.
  • Unparalleled support
    When you take a personal loan from us, you have our assurance that we will support you the best possible way. Your queries will surely be answered by our staff within 24 hours. The Qbera staff can be reached via whatsapp at +91 89719 28484, by chat on the website or you can email us.


  • Be a ‘math head’
    Just a few simple math steps are crucial while deciding if credit card refinancing is the right move for you. It may or may not benefit you the same way it did your friend. If you cant figure it out yourself, ask someone for help. You can also contact a Qbera staff who will clearly explain how much you could save if you do decide to take a personal loan. Chances are that a credit card refinancing loan will help you out because the interest rates on credit cards are shockingly high, not to mention the hidden charges and fees that it comes with.
  • Don’t hurt your CIBIL score
    Once you are done refinancing and clearing your credit card bills, do not close all your accounts immediately because it can hurt your CIBIL scores considerably. Give it some time. Close it only after a few weeks or months.
  • There will be a verification process
    Our verification procedure is quick but also thorough. So make sure that you keep your bank statements, CIBIL score and employment records ready while applying for a loan.


Obtaining a credit card refinancing loan in Chennai via Qbera is as easy as purchasing a house plant. It’s a simple five step process:

  • Simply log on to Qbera.com and fill in the loan application form
  • Upload your bank statement on the website.
  • Receive an offer from us within 4 hours
  • A representative will come to you, at your convenience, to collect the documents
  • Within 24 hours, your money will be transferred to your account

Documents Required for Education Loan:

  • Bank Statement
  • Income proof
  • Pan card
  • Aadhar card
  • Address proof
  • One photograph
  • 3 cancelled cheque leaves


  • Should be employed with a minimum salary of Rs. 20,000
  • Should have a minimum credit score of 625
  • Applicants must be between the ages of 23 and 55

View a complete list of our FAQs at our help center

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


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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

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