Over
₹102,57,57,000
of Loans Disbursed!
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.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%.
Here's how much EMI you'd pay for a 2 lakh personal loan.
Bank |
Loan Amount |
Tenure / Months |
EMI |
RBL - Ratnakar Bank |
₹ 2,00,000 |
12 |
₹ 17,957 |
IFL - India Infoline |
₹ 2,00,000 |
12 |
₹ 17,956 |
IBL - IndusInd Bank |
₹ 2,00,000 |
12 |
₹ 17,769 |
**Loan EMI or Interest Rate changes with individuals and is * Subject to Risk Profile
** We Offer Personal Loans up to 5 Years - the chart shows only for 1 Year. Please contact us if you need Loan for a longer tenure.
Example:
A loan offer of ₹2 Lakh, 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:
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
EMI of ₹7091 per month
Total payable amount in 3 years = 36 times ₹7091 = ₹2,55,276
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%)
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.
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.
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.
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:
- 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
- EMI of ₹7091 per month
- Total payable amount in 3 years = 36 times ₹7091 = ₹2,55,276
- 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%)