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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%.

How to Apply for a Personal Loan

Ever wondered how to apply personal loan? In India, this is a fairly simple process if you choose an alternative lender like Qbera. All you need to do is fill the application form, upload the scanned copies of the required documents and you’re all set! If you meet the eligibility parameters, you can expect the loan to be credited within 24 to 72 hours. The process is simple and absolutely hassle-free. 

Applying for Personal Loans Online - what can you do with your personal loan

As with any other unsecured loan, personal loans in India can be used for financing multiple expenses. In case you’re wondering where to use the funds from this loan, here are some common options. 

Weddings: Yes, many individuals use a personal loan for financing their wedding. Since weddings in India come with a huge list of expenses, it is only viable to use your funds here. You can use your personal loan from Qbera to book a wedding venue, finance the catering or fund the decoration. Either way, it’ll turn out to be a financially prudent choice.

Medical Emergency: Medical emergencies wait for none. So, if you have a medical emergency that requires immediate attention, a personal loan might be an excellent way to solve it. Additionally, you can also use your loan for financing medical costs that aren’t conventionally covered by a medical plan. Some of these include dental care costs, costs of fertility treatment, plastic surgeries and so on. 

Vacation: You can use your personal loan to finance the plan tickets for a long-awaited tour. The additional funds can be used for your accommodation and daily-tour expenses. If you choose the right tenure and the best loan offer, this will certainly not weight you down in the long run.

Home Renovation: If you’re tired of your leaking roof or the dull paint, get a personal loan to transform your house. When you use these loans for addressing the issues in your property, you don’t just improve your home but also end up enhancing its curb appeal.

Debt Consolidation: If you have too many high-interest debts looming around the corner, a personal loan can be your savior. Yes, in an event like this, you can use this loan to consolidate your existing debts to a single debt at a relatively lower interest rate. The process is not just simple but also practically hassle-free.

Relocation Costs: Moving to a new city might be a life-changing decision! But guess what? If you’re moving out with a new job, you are likely to incur some high costs. These include the deposit for your accommodation, travel costs, rent for the first month and so on. So, if you’re fully strapped for cash and don’t yet have an emergency fund, use a personal loan to cover these costs right away! 

Personal Loan Eligibility 

If you’re wondering how to apply personal loan, it is only likely that you’re concerned about the eligibility parameters as well. Luckily, Fintech lenders like Qbera have simple and less stringent eligibility norms that are easier to qualify for. Let’s a take a closer look!

  • 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 to apply for Personal Loans Online

In addition to meeting the mentioned eligibility parameters, you will also need the following documents to facilitate the process:

  • A copy of your Aadhar card (proof of address).

  • A copy of your Pan Card (proof of age).

  • Salary statements over the last three months.

  • Bank statements over the last three months.

  • Form 26AS (Optional). We will require you to upload this document if you cannot validate your current employment with your official email ID. 

  • Passport size photographs. 

While banks also require your income tax returns, and many other documents, alternative lenders like Qbera, do not follow any such process. You can just upload the scanned copies of the documents on our online application portal to get started with the process.

Our guidelines are extremely simple, and since the portal itself is user-friendly, it won’t take you much time to apply for a loan here. Explore the various financing options available on Qbera and choose the one you immediately require.

How to Apply For a Personal Loan on Qbera?

Applying for a personal loan on Qbera is as easy as it sounds. Here’s what you need to do. 

  • Visit www.qbera.com and click the ‘Apply Now’ option at the top right corner of the page. 

  • Choose your type of income (from salaried or self-employed).

  • Enter the loan amount and state your purpose (not mandatory).

  • Add your personal details, employment records, and residential details. Here, you will need to add your income receipts, bank statements, Aadhaar card, and Pan card. 

  • Click ‘Review’ to proceed with the verification.

Once you click ‘Review’, your application will be reviewed, and our representatives will call you to offer an interest rate against your chosen amount. Although we start offering loans from 11.99% p.a., the final rate will depend on your employment history, residential history, income level, debt to income ratio and many other factors. 

If you haven’t yet received a call, you can always check the status of your application on the same portal. It will barely take you 10 to 15 minutes to complete the entire application process. 

Upon meeting the eligibility requirements, you can expect the amount to be disbursed within 24 to 72 hours. 

What Should I Do If My Application Is Rejected?

At Qbera, we try to accept most applications as long as they meet our eligibility criteria. So, if your application doesn’t manage to get through, it is best to work on your financial habits over three to four months and apply for a new loan post this period. 

Make timely repayments, clear off your existing loans, and do not apply to multiple lenders (at once) to increase your chances of approval. 

At Qbera, we won’t compromise with your personal details even if your application is rejected. None of your details will be shared to any third-party.

So, now that you know, how to apply personal loan, follow our guidelines and send your application immediately!

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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