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Qbera Mobile Loans

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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%.

Mobile Loans

What are mobile loans?

Mobile loans, or mobile personal loans, are nothing but personal loans that you can apply through mobile platforms. You can either visit a website the lender’s website or download a mobile application and apply for the loan. Other names for mobile loans are instant loans, fast loans, and online loans. 

As a matter of fact, mobile loans have become more popular than other types of loans (mostly those offered by traditional lenders). Several years back when the Indian Financial landscape was in its formative phase, customers had to visit a bank branch and apply for a loan by a submitting physical application. Now, top banks that are into personal loan lending have their mobile applications and mobile-compliant web interfaces that let you apply for mobile loans from anywhere, at any time. 

Are mobile personal loans different from ordinary personal loans?

While traditional lenders have always existed and have been improving their processes to suit current market trends, the focus on mobile loans points to a particular class of new-gen lenders that provide mobile loans instantly. Even if you apply through your mobile phone with a top bank or financial institution, the loan amount will ideally take over a week to reach your bank account.

These new-gen lenders are Fintechs that have raised the standards of customer experience quite dramatically. Customers applying for a mobile loan can do so at their convenience, while also being given the provision of uploading documents online. Let’s find out more about these mobile personal loans and how you can get one. 

How do you get a mobile personal loan?

The process of getting a mobile personal is extremely easy. You can either visit the company’s (the Fintech company offering you the loan) website and apply online by filling out your application details and uploading your supporting documents. You can upload all your documents online – you don’t have to give them to an executive/representative from a bank and sign on innumerable loan documents. 

You can also download a mobile app (if the Fintech player has a mobile application), but its way easier to do it on the website. 

Qbera is the place to be if you want an instant mobile personal loan disbursed to your bank account within 24-48 hours. You can use your mobile phone to login to the Qbera website and apply for a mobile loan online. 

Steps to apply for a mobile personal loan online with Qbera

The loan application process for a mobile loan with Qbera can be completed in a few steps. Let’s find out how:

  • Login with your mobile phone to the Qbera website – https://www.qbera.com/ and click on the relevant option that lets you apply for a loan. 

  • You can then choose the purpose of your loan and the loan amount that you require. You can also calculate your monthly repayment amount using the Qbera online EMI calculator and know what your repayments will look like over the tenure that you’ve chosen for your loan. 

  • Once that’s done, you’ll have to provide your mobile number to proceed. 

  • The next step would involve providing your Aadhaar number and PAN number and a few other details relating to your income and employment. Once this is done, you will receive instant approval through Qbera’s proprietary risk algorithm that considers various aspects of your profile (you credit score and other aspects) and gives you real-time approval after due initial assessment. 

  • You’ll then have to upload your supporting documents and provide your bank statements through your netbanking credentials in a highly secure web channel. 

  • Once your documents are received, they will be digitally verified, following which you will be made a customised loan offer which you can either choose to accept or reject. 

  • Once you accept your loan offer, you can receive the loan amount in your registered bank account within a period of 24-48 hours. 

Advantages of choosing Qbera for your mobile loan

There are several features that make Qbera the ideal choice for your mobile personal loan. Let’s find out:

Same-day loan processing of mobile loans

Once you visit the Qbera website and apply for a loan, your loan will be processed on the same day that you apply for the loan. You will subsequently receive approval on your loan depending on essential parameters of your credit profile. After your documents are verified (they’re done on the same day), you will receive a final approval on your loan, following which a customized offer will be made on your loan within about 5 hours. 

Loan disbursal within 24-48 hours

Once you receive final approval after your documents are digitally verified, you can expect to receive the loan amount in your registered bank account within 24-48 hours. In some cases where documents cannot be verified digitally, an executive from Qbera will come to collect the physical documents from you – this, however, does not happen in all cases. 

Mobile Personal Loans even for low credit scores

The good news now is that even if your credit score is low, you can get a mobile personal loan with Qbera. The minimum credit score to apply for a mobile personal loan with Qbera is 600. Your credit profile should not reflect instances of defaults in the last 24 months though. 

Unlisted employers are fine as well

Top banks that are big players in the personal loan arena do not offer loans to employees of organisations of unlisted companies. That is, if your company or organisation is a start-up and hasn’t been around for many years, it wouldn’t have been listed in the database of banks. Top banks usually perform risk evaluations of organisations based on number of years they’ve been active and their market reputation. 

Qbera, however, doesn’t reject you based on whether your employer is listed or not. Qbera currently serves employees of over 7 lakh companies in India.

Low income? That is definitely not a problem

Qbera offers mobile loans to salaried individuals earning a minimum income of Rs. 20,000 p.m. Loans are, however, offered only to salaried individuals. Self-employed individuals aren’t offered loans currently. Mobile Loans starting from Rs. 20,000 and Rs. 10 lakh are offered. The approved loan amount that you can receive will depend on your credit score, income, age and other aspects of your application. 

1. What if I get rejected? Will I be able to apply with Qbera again?

A. You’ll be able to apply only after three months if you’ve been rejected earlier. 

2. What if I have instances of late payments? Will my loan application be rejected?

A. A few instances of late payments not occurring on a regular basis are alright. But if you’ve paid late too many times on previous loan commitments, your application might be rejected. 

3. What is the minimum age in order to apply for a mobile loan with Qbera?

A. You should be at least 23 years of age in order to apply for a mobile loan from Qbera. 

4. What are the documents that I have to submit for a Qbera mobile loan?

A. Following are the documents:

  • PAN Card

  • Aadhaar Card

  • Proof of address

  • Bank statements for the last 6 months

  • Salary slips for the last 3 months 

5. What are the cities where Qbera offers mobile loans?

A. Qbera offers mobile loans in the following cities:

  • Bangalore

  • Delhi-NCR

  • Ahmedabad

  • Jaipur

  • Hyderabad

  • Pune

  • Mumbai

  • Chennai

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?
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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
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Bangalore 560 052

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