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₹172,98,51,000 of Loans Disbursed!

Personal Loans made simple!

Find the loan that's perfect for you!
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 Patna

If you are looking for instant loans in Patna, Qbera is the best choice for you. Instant Loans are unsecured loans, also commonly known as personal loans. Patna, as you know is the largest town in Bihar. This city is located on the southern bank of the River Ganga. Well connected by railway and road as well as being the educational center of Bihar has made the place a prominent hub for good jobs. 

Any kind of fiscal deficit can be easily managed with a personal loan online in Patna. The presence of Fintech company with lenient criteria and minimum paperwork has become a boon to individuals looking for a loan. It has helped many approach their money problem safely without shelling out being victims of high-interest rates. 

Personal Loans in Patna - Differences between Qbera and Traditional Banks

Parameters

Qbera

Banks

Processing fee

1% -5%

2.25% of principal + GST

Interest rate

Starting at 10.99%

Starting at 11.99%

Credit Score required

600 and above

750 and above

Loan amount 

Up to Rs 25 00 000

Up to Rs 15 00 000

Minimum age required

23 years

21 years

Pre-closure charges

5% + GST

5% + GST after a lock in period


Features of Personal Loans in Patna

Economical ROI: The total payout to the lender at the end of the tenure is governed by the interest rate applied on the personal loan. A lower interest rate means lesser payout and hence better for the borrower. Qbera offers personal loans starting at 10.99% interest rate.

Long repayment tenure: The time period in which the loan should be repaid is called as the tenure. It has a massive impact on the monthly payouts as a longer term means lesser amount as EMI each month. Qbera Instant online loans in Patna have flexible repayment tenure that can span up to 5 years.

Digital Process: Being a Fintech company Qbera uses the perfect blend of technology with finance to makes these personal loans completely digital. The whole process of applying, uploading, verification, and disbursement is seamlessly done. If all the paperwork is up to date, one can expect the loan amount within 24 hours.

Unsecured loans: There is no need to pledge assets. The loan is expected to be repaid from salary and so a healthy income to debt ratio is preferred.

Minimum Documentation: There is minimal documentation requirement- Aadhar card, PAN card, Salary slips and income statements, bank statements, photographs and post-dated cheques from the salary account.

Things to keep in mind while applying for Personal Loans in Patna

  • Instant online loans are undoubtedly an option when faced with a fiscal deficit but do consider these points while choosing the loan amount, tenure and interest rate.

  • Monthly household budget: The presence of loan should not disrupt the home budget.

  • All existing financial liability: All financial commitments must be considered.

  • The income to debt ratio: An ideal ratio preferred by financiers is 40% and lower the ratio better the chances of loan approval.

  • Interest rate applied and the total final pay-out: A higher interest rate means a bigger payout when the tenure ends and so it’s best to shop for lower ROI.

  • Any lump-sum financial gains: Any increment in income can be considered while taking an instant online loan in Pune. Diverting such amounts towards loan repayment is beneficial.

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
  • 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.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:
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E-mail: contact@qbera.com
Phone: 1800 4198 121
Whatsapp:+91 95136 99002
Address:
2nd Floor, Featherlite Vista Building,
MV Jayaram Road,
1st Main, Vasanth Nagar.
Bangalore 560 052

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