Qbera Open Nav
Simple . Fast . Secure

Instant Loan App

Qbera Quick Disbursal Loans!
Apply now!
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%.

Instant Loan App

What are instant loans?

Instant loans are unsecured personal loans that have very low turnaround times. The word instant in instant loans suggests that these loans can be got almost instantly. As a form of unsecured personal loans, instant loans do not need any form of guarantee or collateral to be provided. The best way to get an instant loan is through an instant loan app. 

Find out more about instant loans

What can you do with an instant loan app?

Through an instant loan app, you can get loans depending on your credit score and income. The app lets you choose a loan amount, calculate your monthly repayment amount through the EMI calculator, enter your details, upload your supporting documents, and get a customized loan offer. 

An instant loan app also lets you track the status of your loan application, giving you an idea about when you’ll most likely receive your loan amount. That said, instant loans usually have a turnaround time of 24-48 hours, so tracking as such won’t be entirely necessary. 

Know the difference between traditional personal loans and instant personal loans

Who provides loans through an instant loan app?

In the current financial landscape, there are several companies and institutions that offer loans to individuals through web and mobile platforms. Some institutions also have their own mobile applications for Android and Ios, enabling customers to apply for loans through their instant loan apps. 

While such is the case, traditional lenders like top banks do not provide instant loans, although customers are allowed to apply through their mobile app and track the status of their loan application. New generation lenders like Fintech companies are more active in the instant loan space, offering instant loans to customers through web and mobile channels. 

How do I use an instant loan app?

It’s pretty easy actually. In fact, it is one of the easiest ways to get an unsecured personal loan. You just have to download the app, fill out your details including details of your requirement, upload your documents and photograph, and get a loan offer. Most of today’s new-age lenders provide you with an instant approval depending on several parameters including your credit profile, income and repayment history. 

Once you get instant approval and your documents have been uploaded, you will receive final approval after various aspects of your application have been evaluated. 

How do instant loan apps determine my loan eligibility?

There are several parameters that enable instant loan apps to determine the eligibility or creditworthiness of a borrower. Fintech companies have become extremely popular in the present day, offering loans to a diverse set of individuals, across several cities in India. Let’s look at the eligibility criteria for instant loans provided by Fintech companies:

You must have a minimum credit score of 600

Most new generation lenders allow individuals with low credit scores to apply for unsecured personal loans. The minimum credit score requirement in the case of popular Fintech players like Qbera, is 600. 

No instances of defaults in the last 24-months

While a low credit score is definitely permissible, instances of defaults shouldn’t have taken place in the last 24 months. Defaults can severely affect credit scores and most lenders will reject applications that have multiple instances of defaults. 

Loans for low income individuals

If you wish to apply for an instant loan through an instant loan app, well, you can expect to receive approval even if your income is low. Popular Fintech companies like Qbera require you to have a minimum income of just Rs. 20,000 p.m., much unlike traditional lenders who require you to have a minimum income of Rs. 30,000 – Rs. 35,000 p.m. 

Complete digital processing

The entire loan application process can be completed digitally, including submission of documents and subsequent verification of details. No visits to the bank or visits by agents to collect documents are required. 


All charges, including processing fees and other interest related fees and charges will be made clear right in the beginning. No charges will be hidden from you. 

Loans for employees of unlisted companies

It doesn’t matter if your employer isn’t listed. You can get a loan even if you are an employee of an unlisted company. Many recognized market lenders will outrightly reject your profile if you are employed with a company that isn’t listed in the lender’s database, after evaluation of risk profiles. At Qbera, even if you are employed with an inlisted prganization, you will not be rejected. 

1. What is the minimum loan amount that i can apply for with Qbera?

A. Qbera allows you to borrow a minimum loan amount of Rs. 25,000. 

2. What is the maximum loan amount that I can borrow from Qbera?

A. While the maximum loan amount that you can borrow is completely dependent on your income and credit score, Qbera offers loans up to Rs. 10 lakh. 

3. Can I apply for an instant loan through Qbera if I am a self-employed individual?

A. No. currently, Qbera offers loans only to salaried individuals. 

4. How long will the amount take to be credited to my bank account?

A. The loan amount will take about 24-48 hours to be disbursed to your bank account. This is after you receive final approval post submission of your documents and digital verification checks. 

5. Will I have to submit my payslips and bank statements?

A. Yes, you’ll have to submit both. Payslips for the last three months and bank statements for the last 6 months need to be submitted. You can submit your bank statements directly to Qbera by logging in with your netbanking details in a completely secure web channel. 

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


Powered by InCred

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

© 2021 Qbera | All Rights Reserved