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Instant Loans in Mumbai

Instant Personal Loans Online within 24-48 hours! 
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%.

Instant Loan in Mumbai

Mumbai- the financial and commercial capital of India is one of the busiest and expensive cities in the country. It has been and continues to remain the favorite place for many- from Bollywood aspirants to startups to multinational players. Of late, a rather new credit product has emerged in the market - the instant loan in Mumbai, and Fintech lenders like Qbera are offering them. It's definitely not new that there is a definite need for instant loans in Mumbai. Being the financial capital, it has its advantages as the majority of banks and NBFC s are either headquartered here or have a branch. This brings out many financing options for the Mumbai-walas. There is also a healthy demand for instant personal loans here, which are provided by almost all financial institutions.  Online personal loans have become the most sought-after solution for instant cash needs. The city life requires instant cash and often one finds themselves in situations where there is a deficit.

Sudden hospitalization, a need to renovate or decorate your home, financing your marriage or education or consolidation of credit card debts any of these can be managed by an instant loan in Mumbai. Banks and NBFC s do take about a week or more to sanction such loans. And being unsecured loans the credit score of an individual also becomes quite important.

So, does that mean that if a person’s credit score is less than ideal then he can’t avail instant personal loan??

Nope, this is where Fintech companies have come in and changed the game. Fintech companies like Qbera do give loans to people with less credit scores and they do it instantly as well. So Instant personal loans in Mumbai can actually reach your bank account in as less as 24-48 hours and your eligibility is determined in 10 mins time.

Eligibility checklist

  • Salaried
  • Net take home of Rs. 20,000 and above
  • Age group of 23-55 years
  • No defaults in the last 24 months.
  • CIBIL score of 575

Fintech companies use modern digital algorithms to determine the creditworthiness of an individual. Advancements in this area have allowed them to be able to determine your personal loan creditworthiness in minutes. Also, the whole process is completely digitized. All you need is a computer and internet connection. The online loan application just needs to be filled, documents and bank statements submitted online and after further document collection by company executives and internal verification criterions are met, you can expect the amount in your bank account within 24 hours.

 Another advantage of choosing Qbera is that many a time, banks or NBFCs reject an application as the applicant’s company is not listed with them. 

Qbera has an exhaustive list of more than 9 lakh companies and so you can be rest assured.

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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