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Personal Loans made simple!

Find the loan that's perfect for you!
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%.

Online Loan in Mumbai

If you are looking for an online loan in Mumbai, a personal loan from Qbera can be your best choice for a lot of reasons. Online personal loans have revolutionized the lending arena with instant lending decisions and fast turn around period. Qbera online loans are available for any salaried individual in the age group of 23-55 years and who have a minimum take-home salary of Rs 18000. 

Being the financial capital of India and the city of dreams for many who aspire to make it big in life, Mumbai sees a lot of small households and individuals in need of instant money. Online loan in Mumbai from Qbera is flexible and so can be put to any legitimate use. Whatever the financial need, an online personal loan can be the best bet for the situation.

Online Personal Loans in Mumbai - Difference between Qbera and Traditional Lenders




Processing fee

1% -5%

2.25% of principal + GST

Interest rate

Starting at 10.99%

Starting at 11.99%

Credit Score required

600 and above

750 and above

Loan amount 

Up to Rs 25 00 000

Up to Rs 15 00 000

Minimum age required

23 years

21 years

Pre-closure charges

5% + GST

5% + GST after a lock in period

Features of an online loan in Mumbai

  • Instant procedure: The entire procedure is simple and limited to a few clicks on your keyboard. The application, document submission, and verification as well as money disbursal is instantly done.

  • Flexible repayment options – The repayment tenure helps keep the monthly EMI in a manageable range. Qbera online loans offer repayment tenure that spans to 5 years and gives the applicant option to customize the monthly payments. The monthly payouts can be managed to not severely impact the household budget.

  • No collateral required- An online loan is Mumbai from Qbera is completely collateral free. This means that there is no asset that is being pledged with the company or any requirement for a guarantor to make the loan available. 

  • Secure platform- All your details are secure and there is strict adherence to the policy of not sharing customer details without permissions. 

  • Competitive rate of interest- The interest rate of personal loans is quite competitive when compares to the other players in the field. If you are hunting around for the best interest rates the Qbera is one of your best bet.

Things to keep in mind while applying for an Online Personal Loan

  • One of the first question to ask when looking at personal loans is- do u really need the loan? if there is a genuine requirement then what is the amount required? It is quite easy to get carried away by the easy accessibility to these online loans. However, an accurate answer to the above questions can help put things in a perspective. 
  • After ascertaining that there is a genuine requirement for a loan, check the eligibility criteria listed by different banks and Fintech companies. Many a time, the loan application is rejected in the initial screening due to non-compliance to these conditions. So, do a thorough study about the eligibility before applying for a loan.
  • Before applying to a financial institution check your credit score. There are no penalties levied when you access your credit score, however, when a lender does it- there are point deductions. 
  • Check the interest-rate offered to you and the rates prevalent in the market. A lower interest rate means less total payout at the end of the loan term. So, shop and negotiate for a better interest rate. 

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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