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Personal Loans made simple!

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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%.

If you are strapped for cash and are wondering how to address your budget gaps, an instant loan app might be a great option. But with so many apps out there, how do zero in on the best personal loan app in India? The answer is simple: check for great navigability, excellent features, and quick disbursals. If your preferred app meets the mentioned parameters and is willing to offer more, you should simply go ahead and apply for your loan.

That said, choosing the right app, and applying for a new loan there might seem tricky in the beginning. This holds greater relevance for the ones who are using these apps for the first time. So, what should you keep in mind while choosing an instant loan app? Let’s find out!

Features of a Good Personal Loan App

An instant loan application comes with plenty of great features. Let’s take a closer look at them!

Easy Navigability

One of the defining factors of a good instant loan applies in the kind of navigability it comes to offer. Since many users are first-timers when it comes to applying for an online instant loan, it is especially important for it to have user-friendly features. The functions will be simple, and the online application portal will be easy to operate. 

At Qbera, we've considered this need and have therefore created an application that is easy to manage and work with. The borrowers who have availed loans from our platform have lauded us for this feat.

When you visit www.qbera.com, all you need to do is hit the ‘Apply Now’ button at the top right corner of the page. Once you do this, you will be redirected to an application portal where you need to upload some basic documents and enter details about your name, address, profession, and existing debts. 

You will be duly informed about the approval, and if approved, you can expect the amount to be credited in your account by 1 to 3 days. 

Excellent Customer Support

An instant loan app can never make the cut unless it works on customer support. So, if you are looking for the best instant loan app in India, check the kind of customer support they offer. A good application will have a team of representatives who are available 24*7 to address your queries. Check if the app you’ve chosen offers this degree of support. 

Easy Process

Since you’re choosing an instant loan app over formal lending institutions, the app has the onus to offer a seamless loan application process. When you choose the right platform, it’ll barely take you 10 to 15 minutes to complete the process. The application will be simpler, and no lengthy terms will be involved in the process. 

Real-time Approval

Banks take a week (and sometimes months) to approve your instant cash loan. But the right instant loan app in India will barely take a day to get things going. If you choose the right app, you will be duly intimated of the process in less than 24 hours. What’s more, their application portal will also have an option whereby you can check your approval status in real-time. 

Free of Cost

A good instant loan app will not charge you money to apply for a loan on their platform. While a small processing is a fee involved, that amount is charged for assessing your loan application and approving it. Banks and every other lender charge this fee. However, no reliable application will require you to pay money for using their features. 

Flexible Tenures

Instant loan apps also offer flexible tenures for your loans. At Qbera, you can choose a repayment schedule between 1 to 5 years, depending on your income, existing debts, and fixed monthly, bi-monthly, yearly costs. Do note that while longer tenures seem tempting, they aren't always the best option. Why? Because they result in higher interest payments. So, assess your monthly income and choose an amount as permissible at your income level.

Eligibility for Best Personal Loan Apps in India

While the eligibility criteria for unsecured loans vary depending on the app you're using, you're usually required to meet the following criteria.

  • Your age should be between 23 and 55.

  • You need to be a salaried professional.

  • Your take-home salary should be at least Rs 20,000.

  • You should have a credit score of at least 600.

  • Your credit report shouldn’t reflect any instance of defaults over the last 1 year.

Documents for Best Personal Loan Apps in India

The biggest benefit of instant loan apps is that they do not have an extensive documentation process. Upon meeting the mentioned criteria, you will need to produce your salary receipts, bank receipts, a copy of your aadhaar card, and a pan card. You might also be required to send a verification email from your office email address if you couldn’t furnish substantial proof regarding your income. 

Why Does the Interest Rate Vary On Instant Loan Apps?

The interest rate on Fintech platforms is decided after considering multiple factors. They include (but aren’t limited to) your credit utilization ratio, your monthly salary, your employment status, the organization you work for, your professional history, and your credit score. 

So, if your credit utilization ratio is low and the credit score is high, you are likely to get a lower interest rate. Why? Because the lender doesn't find your credit management habits risky.

This is why you should work on improving your credit score before applying for a loan to any lending institution. This will almost instantly increase your chances of approval.

Bottom Line

Now that you know what to look for in the best instant loan app in India, choose your preferred app and apply for a loan on it right away! At Qbera, we have a dedicated web application where you can apply for instant loans and a variety of other loans. Our interest rates start from 11.99% p.a. and you get to choose from flexible tenures ranging from 1 year to 5 years. 


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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