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Loan against Cheque in Chennai for Salaried

Get Online Personal Loans in 24 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%.

Loan against Cheque in Chennai for Salaried

Personal loans are unsecured loans that are extended to the salaried. Whenever there is a shortfall in funds or an emergency requires you to arrange for a considerable sum of money, look for personal loans. Personal loans do not require one to pledge any asset and that is a huge relief. Most salaried who live in cities live from paycheck to paycheck and the mere thought of pledging a hard-earned asset is enough to cause a heartbreak. There are financial companies who offer loan against cheque in Chennai for salaried  individuals. Banks, NBFCs as well as Fintech companies offer such loans.

Banks usually have stringent criteria which render them ineffective in case of emergency. Look for fintech companies in such scenarios. Qbera, a Fintech promises to transfer the funds to your bank account within 24 hours of receiving the final approval. These loans are offered to the salaried with a minimum take-home salary of Rs. 20 000. So, if you are above 23 years of age, you can apply for a loan against cheque in Chennai for salaried individuals with an attractive rate of interest starting from 11.99%. There is also the advantage of long repayment tenure - from 6 months to 60 months. This facility can be extensively used by the salaried to ensure an optimal EMI payout each month.

The advantages are listed below

Instant approval

Qbera provides information about status of application in as less as 2 min. Just logon to www.qbera.com and fill in the tabs.

Loans for low CIBIL score

Most banks do not consider applicants with a less CIBL score. 750 and above is the idea credit score. However, Qbera does consider applicants with a score of above 575.

Loans for employees of unlisted companies

Many banks reject application simply because the employer is not listed in their particular database. This is not a reason for rejection with Fintech companies.

Loans for individuals in shared accommodation

You are not considered for personal loan from banks, if you reside with friends in a shared accommodation or stay in a PG. Companies like Qbera does consider such applicants.

Minimal documentation

The process is completely digital, and you can submit bank statement and other documents online via secured gateway. However, there is a requirement to collect some documents

Those documents are:

  • Aadhaar Card
  • PAN Card
  • Bank statements for the last 3 months
  • Salary slips for the last 3 months
  • Proof of address document
  • Cheque Leaves from your salary account
  • Photographs (passport sized)
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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