Qbera Open Nav
Simple . Fast . Secure

Low Interest Personal Loans

Qbera Private Loan Online.
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%.

Low Interest Personal Loans

Are you looking for a low-interest personal loan? You’re just at the right place for one!

Personal loans are one of the most commonly availed types of credit in India today and have somewhere risen to become more popular than credit cards, mostly owing to the high internet rates on credit cards. Interest rates on personal loans start at around 10.99% - 11% p.a., while that on credit cards is a whopping 35% - 40%. Low interest personal loans have become extremely popular among salaried individuals – several financial institutions and Fintech companies have commenced operations in the personal loan lending space, offering low interest loans over the last few years.

If you are one of those salaried individuals who wish to avail a personal loan, the interest rate is the first thing you’d be looking at. Interest rates have always been the key as far as loans are concerned (not quite a debatable topic) - the primary reason why people are always on the lookout for low interest personal loans. Although credit cards come with exorbitant interest rates, they have interest-free periods that span 40-50 days, with no interest being charged if you pay the entire outstanding balance on your card within the interest-free period. 

What exactly are low interest loans?

Low interest loans typically mean that the interest on the loan (annual rate of interest) is quite low and ideally below the 12% p.a. range – in accordance with current market trends and statistics. The interest rate on personal loans remains fixed throughout the tenure of the loan and doesn’t change as the tenure progresses. Most loans are fixed rate personal loans except for home loans, where banks provide you with the floating rate option. 

Can anyone get a low interest personal loan?

As far as low interest personal loans are concerned, what interest you’re offered will depend on various aspects including your credit score, income and repayment history. So if you’re looking for a personal loan with a low interest rate, your credit score should be right up there, with no instances of late payments. 

This is exactly why financial institutions offering loans project a starting rate of interest in advertisements that talk about interest rates starting from a particular rate – the typical add would look like “interest rates starting at 11% p.a.”. So just because you see a low rate of interest in an advertisement, it doesn’t necessarily mean that you will be offered that interest rate. 

Apply for low interest personal loans with Qbera

Qbera is Fintech Company that offers low interest personal loans to salaried individuals. The application process for a Qbera personal loan is simple and can be completed in just a few steps. Here are the steps to apply for a low interest loan with Qbera:

  • Login to the Qbera website and fill out details, including the purpose of your loan. You can calculate the potential monthly repayment amount depending on the rate of interest on your loan (you’ll get a better idea of what your repayments will look like). 

  • Upload your bank statements and a soft copy of your documents including your Aadhaar and PAN card. You can submit bank statements by providing your netbanking details over a secured web channel that only retrieves your bank statements from your netbanking account. 

  • Once your documents are verified, you will get a loan offer in about 4-5 hours. The interest on your loan and your approved loan amount will depend on your credit score, income and past repayments. 

  • Once you accept your loan offer from Qbera, you will receive the loan amount within 24-48 hours. 

Why choose Qbera for a low interest personal loan?

Low interest loans for low credit scores

You can get a loan with a low credit score of 600. However, there should be no instances of defaults over the last 24 months. 

 Low interest personal loans for low income people

The minimum income requirement for a Qbera personal loan is Rs. 20,000 p.m. Depending on your income, you can apply for loans starting from Rs. 25,000 to Rs. 10 lakh. 

Loans for employees of unlisted companies

Even if your company or organisation is unlisted, you won’t get rejected, unlike other lenders who reject applications if the employer or organisation is not listed. 

Complete digital process

You can complete the entire loan application process online, including submission of your documents.

High-quality customer service

You can contact Qbera’s customer service staff on both weekdays and weekends, either through Whatsapp, email, or phone (toll-free number). 

1. What is the interest range for personal loans from Qbera?

A. Qbera offers low interest personal loans to salaried individuals with interest rates starting at 11.99% p.a. and stretching up to 24% p.a.

2. What are the cities where Qbera offers personal loans to salaried individuals?

A. Qbera offers personal loans to salaried individuals residing in the following cities:

  • Bangalore

  • Mumbai

  • Chennai

  • Hyderabad

  • Jaipur

  • Pune

  • Ahmedabad

  • Gurgaon

  • Noida

3. What is the minimum income to be eligible for a personal loan from Qbera?

A. The minimum income to be eligible for a Qbera personal loan is Rs. 20,000 p.m. 

4. Can I choose a tenure of my choice?

A. Yes, you can. Tenures stretch from 6 months to 60 months. You can choose a tenure that best suits your financial outlook. 

5. How long will the loan amount take to reach my registered bank account?

A. Your loan amount, once you receive final approval after digital verifications, will reach your bank account within 24 hours. 

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