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How can I get a personal loan in India

Disbursal within 48 hours!
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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%.

How can I get a personal loan in India

Getting a personal loan is extremely easy these days - you can get one within 24-48 hours if you approach the right lender. Banks, Fintech lenders and P2P lending platforms are the most popular places for loans these days. Qbera is a popular Fintech company that offers instant personal loans to salaried individuals with a minimum net monthly income of Rs. 20,000. 

Getting a Personal Loan in India

With extensive advertisement, a commoner knows that a personal loan is an ideal solution for financial emergencies. But, still the question of “How can I get a personal loan?” does arise. The answer is quite simple, you can approach financial institutions such as banks, NBFCs and Fintechs with your requirements. There are however information’s that you need to know about the working and criteria.

Steps to get a personal loan in India

Firstly, we need to know the constituents of a personal loan. These loans are unsecured loans offered by financial institutions, wherein you do not have to pledge any collateral. This also causes it to have a higher interest rate in comparison to secured loans.

The modern advancements have revolutionized the application process. Where earlier you had to make multiple visits to bank and physically submit the documents along with the application, modern technology has enabled one to do the same from the comfort of your home. This has been made possible by Fintechs such as Qbera.

The digital application of a personal loan is quite simple-

  • Log on to www.qbera.com and fill out the online application form which is quite simple with a handful of personal and employment information
  • Submit your bank statements using your netbanking credentials or e-mail your bank statements to Qbera. Make sure that the bank statements reflect your salary credit.
  • Note: submitting your bank statements through your netbanking credentials is a secure process that takes place on highly-secure web channels.
  • Get a customized loan quote from Qbera in about 4 hours.
  • Note: The verification process will be done online. But there a few documents that have to be in physical form and so, a representative from Qbera will come and collect it from you.
  • Once you've submitted your documents and get an approval post verifications, you can expect to receive your loan amount within the next 24 hours.

The documents that have to be submitted physically include-

  • PAN card
  • Aadhar card
  • Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card)
  • 4 Cheques from your Salary Account
  • Photographs

The advancement in information technology has made it possible to sanction loans in a matter of hours as compared to banks where it takes 5-10 working days. And simplified the process of getting a personal loan.

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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