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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%.

Personal Loan in Durgapur

Looking for a cash loan in Durgapur at the best interest rate in the market? Well, if you are salaried with a minimum net monthly income of Rs. 20,000, you can qualify for an instant personal loan from Qbera. Interest rates start from 11.99% p.a. 

Instant Personal Loans in Durgapur - A brief outlook

Durgapur is a bustling metropolitan city located in West Bengal. Standing right behind Kolkata and Asansol, it is the 3rd biggest urban agglomeration of the state. The defining aspect of Durgapur is its rapid industrial development. Currently, it is the most industrialized city in entire Eastern India with offices of leading companies like Durgapur Steel Plant, Alloy Steels Plant, Durgapur Projects, Mining and Allied Machinery Corporation and the likes of it. The city also houses front-ranking schools, colleges, hospitals, and media houses. Now, in a town as popular as Durgapur, people are always looking to go above and beyond to make the most of their opportunities. And more often than not, they need a solid source of funds to get things going. But how exactly does one secure funds in the middle of a financial fix? Well, this is exactly where a personal loan comes to play. Since these loans can be practically used for any given purpose, one can easily apply for it to advance their career, expand their business, and work on any other issue that demands their attention. Now, when it comes to a personal loan in Durgapur, Fintech lending platforms can be an excellent option. Although they’re relatively new in the city, these platforms can help you secure your desired amount within your required timeline. 

But how do these platforms work? Well, the idea is simple. All you need to do is key in your name, personal details, and bank statements to get started with the process. Once you’ve added the required details, the in-built algorithm of these systems will assess them thereby determining if you’re creditworthy. Finally, if you are deemed to be creditworthy, the loan will be approved in minutes, and your required amount will be disbursed in a couple of hours. Yes, you’ve read it right, getting a personal loan in Durgapur is as easy as it sounds. 

Why Should you Take a Qbera Personal Loan in Durgapur? 

Traditional Lenders such as Banks

Low processing fee ranging from 1% to 5%

Processing fee is at least 2.25% of the principal amount along with additional GST charges.

Flexible interest rates starting from 10.99% p.a.

Interest Rate is 11% p.a. or more

Minimum credit score requirement is 600

Minimum credit score requirement is 700 and higher

Enjoy up to Rs 15,00,000 lakhs worth loan when you meet the required criteria

You need to have an income of at least Rs 30,000 and a high credit score to qualify for a loan worth Rs 15,00,000 lakhs

Loan is disbursed within 24 hours or less

Loan disbursal might take from 5 to 7 days. 

Personal Loan in Durgapur - What exactly does Qbera offer?

Easy approval- The best part of applying for a personal loan via Qbera is its easy approval. As opposed to any other conventional bank loan, getting a loan from this platform is easier than ever. The process is extremely simple, thereby ensuring that you get your loan in as less as 24 hours. 

 Collateral free loan- Unlike most other personal loans, Qbera doesn’t require you to pledge any collateral against the amount you’ve applied for.

Apply with a low credit score- Yes, your application on Qbera will be accepted even when you have a credit score as low as 600. 

So don’t think anymore, and apply for Qbera loan to enjoy more benefits than you had ever imagined!

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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