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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%.

Immediate Consumer Loan

The IT sector has seen an exponential growth over a brief period of time and has encouraged many IT professionals to shift to IT prominent cities. A new city and culture usually translate to an absence of the safety net in the form of parent and immediate relatives. Employees usually live from paycheck to paycheck and immediate unplanned expenses that need to be addressed can be extremely hard to manage. This is where immediate consumer loans step in and make lives better. Well!! who doesn’t appreciate a little bit of financial assistance to make life easier?

Getting Immediate Consumer Loans in India

Whenever a person borrows money from a lender, it is considered a consumer loan. Both secured and unsecured loans are types of consumer loans. Personal loans are the best possible solution for unplanned and immediate financial requirements. A personal loan is not secured against an asset and so if the borrower defaults, the lenders do not have any way of recovering the lost amount. This is the reason personal loans have a higher interest rate when compared to home or vehicle loan.

Things to note while getting an immediate consumer loan 

Here are things you can consider while applying for an immediate personal loan from Qbera:

Can the requirement be handled without a loan? Genuine need like hospitalization or unseen emergency home repairs would need a loan, but you can refrain from opting a personal loan with an idea to reinvest.

Can the monthly EMIs be managed? Defaulting on a loan is not considered good and is reflected in your credit profile for a prolonged period of time. Choose a personal loan only if you are sure that you will be able to manage the monthly payouts.

Is your loan being sanctioned at the best possible interest rate? The interest rate applicable on a loan decided the total amount that is paid out to the lender at the end of the loan period. So, make sure to negotiate on your offer and choose the lesser interest rate one. Qbera offers personal loans with interest rates starting at 10.99%.

Carefully consider your loan document for various charges and penalties. There is always a processing charge that is applicable as well as penalties for late payments and defaults. Do go through all the charges and carefully understand its scope before taking a loan.

Advantages of immediate loans from Qbera

  • Complete digital experience
  • Economic interest rate 
  • A long repayment tenure
  • Collateral- free
  • Multipurpose - can be used for almost anything
  • Considers low- income groups
  • Considers applications with a low CIBIL score
  • Considers applicants in shared accommodations
  • Minimal documentation requirements

Now, after careful consideration, look at the eligibility criteria of different institutions as they vary and choose one that is best suited for your need.

Eligibility for consumer loans from Qbera

  • You must be a salaried individual
  • You must have a min net salary of Rs.18 000/-
  • You must be above 23 years of age and less than 55 years
  • A minimum CIBIL score of 600 and no defaults in the last 24 months

Documents required for immediate cash loans from Qbera

  • Aadhaar Card

  • PAN Card

  • Proof of address 

  • Salary certificate

  • Photographs

  • Cheque leaves

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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