Qbera Open Nav

Personal Loans made simple!

Find the loan that's perfect for you!
Get my loan offer!
It only takes 2 minutes
Loan amounts range from Rs.50,000 to Rs.25,00,000. APR ranges from 10.99% to 35.99%. Loan lengths range from 12 to 60 months. Administration fee ranges from 1% to 5%.

Quick Loan in Delhi


Need a quick personal loan in Delhi? Apply for personal finance from Qbera and get approved within seconds. Loan amounts start from Rs. 50,000 and go up to Rs. 25,00,000. The minimum credit score required to apply is Rs. 18,000 per month. 

Quick Loans in Delhi from Qbera

What is the best conceivable way to arrange for a quick loan in Delhi? Both banks and Fintechs give out personal loans to help tide over such emergencies. However, banks have to follow stringent protocols and do take a week or more to process an application. If the requirement is immediate and you want the amount within a day or two, it is advisable to approach a Fintech like Qbera.

Delhi is the capital of India and sees a variety of people thronging here from all parts of the country, in the hopes of building a better life for themselves. It is not easy to build a home and a life in the new city and there might arise situations that need instant access to lumpsum amounts. The options are vastly limited when you are a new entrant in a new city. Fintechs are extremely effective in such emergency situations with their quick loans in Delhi.

Getting a quick personal loan from traditional banks

Banks are extremely careful while giving personal loans as these are unsecured loans. If the borrower defaults on the loan, there is no way to recover the same. On one side, this collateral-free loans encourages banks to be strict about the borrower’s credibility, on the other hand, it’s a boon to those who do not have assets to pledge or those who do not wish to do so. The absence of collateral is seen as a huge plus by the borrowers, who would like to avail the amount and later repay in equated monthly installments rather than pledge their asset. You can avail a loan starting at Rs 50,000 to Rs 25, 00, 000 from Qbera and repay it in easy installments.

The unsecured nature of these loans is the reason for high-interest rates usually associated with these loans. A quick loan in Delhi from Qbera is offered from interest rate starting at 10.99%. This rate is quite competitive. A higher interest rate means a higher amount is paid out at the end of the loan tenure. So, a lower interest rate is always beneficial to the borrower. The loan tenure is another important fact to be considered. Qbera gives its customers the advantage of a long repayment tenure of up to 5 years. This means that you can increase or decrease the loan period to make the monthly installments fit better in your monthly family budget.

Banks prefer to base their decision on the CIBIL score of the individuals. So, for these collateral- free loans a score of 750 and above is an important criterion. If your score is slightly less, it simply means that you will not be eligible for a loan from a bank. Fintechs on the other hand also gives due importance to social and economic leanings of an individual and do not base their decisions solely on CIBIL ratings.

Eligibility for Quick Loan in Delhi from Qbera

  • Salaried individual.
  • Minimum salary of Rs 18,000.
  • Age group of 23-55 years.
  • A minimum CIBIL score of 600.
  • No payment defaults in the past 1 year at least. 


.

View a complete list of our FAQs at our help center
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.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai, Hyderabad, Jaipur, Ahmedabad or Kolkata.
  • Aadhaar 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 Aadhaar card)
Pradeep

Pradeep

"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."

Shekhar

Shekhar

"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...

Syed

Syed

"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."

Anish

Anish

"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"

Arun

Arun

"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"

Bhaskar

Bhaskar

"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?
Select your employment type to proceed.
Self-Employed
Salaried

QBERA

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

Loan amounts range from Rs.50,000 to Rs.25,00,000. APR ranges from 10.99% 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:
whatsapp

E-mail: contact@qbera.com
Phone: 1800 4198 121
Whatsapp:+91 89719 28484
Address:
1st Floor, Wolfpack Workspaces,
#39, 8th Main Road,
Vasanth Nagar.
Bangalore 560 052

© 2018 Qbera | All Rights Reserved