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Personal Loans made simple!

Find the loan that's perfect for you!
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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%.

The market today is flooded with advertisements promoting personal loans. These attractive advertisements lead one to think this as an easy access to money for luxurious lifestyle and holidays. But are they as easy as shown in adverts? Well the truth is – they are, unlike home loans that take forever to get sanctioned, personal loans are quickly available as in a day or two to a maximum of a week, depending on your choice of institute. But always exercise caution when things seem too easy.

But, how does one get a personal loan from bank?

Well, the first step is to apply for one.  You need to approach the bank for personal loan and fill in the application and submit it along with necessary documents. However, in this hi-tech world, where there is a vast amount of information online- it is advisable to check your eligibility online.  Along with the application, you will be required to furnish documents related to your identity and address and your photograph. For salaried individual, you should be able to submit the salary slips- 3 months and Form 16 whereas the self-employed applicants will have to submit last 3 years Income Tax Returns and CA certified balance sheets.

 The other eligibility criteria are-

  • Age- preferable  within the age group of 23-60
  • Income- this is subject to the area of residence, for a metro city a minimum net salary of Rs. 25,000 is considered while in non-metro cities salary lesser than that is also considered.
  • Job stability- The more years you have devoted to a company the better your chances.
  • Residence – If you have your own house or stay with family in a rented accommodation with proper rent agreement, you will be preferred than an individual in shared accommodation or as paying guest.
  • CIBIL score- A 750 and above credit score is a must.

So what is the maximum amount of personal loan allowed if the above criteria is met?

Well, most banks, NBFC s and Fintech companies do take in and consider personal loan application for amounts as less as Rs. 50,000 and as high as Rs.25, 00,000.

An important factor to consider is the interest rate that is being charged on the personal loan. The interest rate is definitely higher than home loan as they do not require any collateral or guarantor for the loan. The interest rate charge by banks are- 10.85% - 37.00% depending on the banks internal policies. There is also a processing amount that is charged. Most banks do allow a long tenure for the instant personal loans ranging from 6 months to 5 years. This gives you the advantage of option for an EMI that is suitable for your monthly budget.

Advantages of taking personal loan from bank-

  • There is no capping on the usage of the loan amount. You can use it to consolidate your debt, pay for education, medical bills or simply fund your marriage or vacation. There is no questions asked by the banks.
  • There is no collateral pledged. So there is no need to worry about assets.
  • Flexible tenure- based on your requirements the tenure can be adjusted so that the monthly payouts do not burn a hole in your monthly budget.

Top Banks Providing Personal Loans in India

  • IndusInd bank
  • Yes bank
  • HDFC
  • Bajaj Finserve
  • SBI
  • Axis
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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