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Online Personal Loans

Check Personal Loan Eligibility Online!
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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%.

Eligibility for Online Personal Loans

Eligibility for Online Personal Loans

Eligibility for online personal loans is a criterion defined by online lenders. The eligibility is often declared upfront (displayed online) to make the task of an eligibility check much easier. Anyone who is looking for online personal loans can now even check whether he/she is eligible for a personal loan. 

Read about Qbera's instant loans

Qbera – a Bangalore based Fintech company, is one such online lender that provides instant personal loans to salaried individuals. The application process at Qbera.com is completely digital, which also features online verification of your documents. It also allows you to check your eligibility for online personal loans within a few seconds. 

Find out if you match the eligibility criteria for online personal loans with Qbera

The eligibility criteria for online personal loans differ from lender to lender. Traditional lenders like banks and NBFCs follow strict guidelines while approving a loan, which mostly takes more than a week to finally get disbursed. 

However, the process of application with online lenders like Qbera can be finished easily and quickly when compared to banks. An online personal loan is approved based on various factors such as age, income, credit history, employment etc. Qbera has very basic criteria, ideal for a middle-class salaried individual, who gets rejected by conventional institutions on the basis of low income, a low credit score, or because he/she works in an unlisted firm/company. Check our eligibility criteria mentioned below:

Eligibility Criteria


Employment status

Salaried employees working with a private limited company or a public company/organization




23 to 55 years

Credit score 


Credit history

Must not have any defaults in the past 24 months.


Pune, Bangalore, Chennai, Mumbai, Hyderabad, Ahmedabad, Jaipur, Delhi-NCR

Check how Qbera’s online EMI calculator will also help you find your eligibility for online personal loans

The EMI calculator featured by Qbera not only calculates your EMI, but also gives you suggestions on your loan amount and loan tenure. It will only ask for two things – your net monthly income and current EMIs, if you are paying any. 

When you feed these values, Qbera will suggest the loan amount you can be eligible for the tentative repayment period depending on your repayment capacity. This is another way of quickly checking your eligibility for online personal loans with Qbera. As you can see in the table above, our eligibility criteria for instant personal loans is much basic compared to traditional lenders. 

Banks and NBFCs usually consider a high credit score of 750 or more to approve a loan. Even the salary benchmark that they look for is more than Rs. 35,000 a month. This makes it quite a difficult task for a middle-class individual earning a moderate income and who is new to the world of credit, to get a loan.  

The right thing is to apply for a quick cash loan now with Qbera. Our personal loans get disbursed within 24-48 hours. Our constant efforts to reduce the TAT has enabled us to disburse the loan within a day as well. 

Follow these easy steps to apply for a quick online loan from Qbera.com

  1. Login to Qbera.com and click on the “Personal Loan Calculator”. Adjust the 2 sliders of “net monthly income” and “current EMIs” to get a customized EMI.

  2. When you get your EMI, check your eligibility for online personal loan, based on the loan amount and loan tenure suggested by the EMI calculator. Luckily, our EMI calculator also works as an eligibility calculator for online personal loans. to give you an idea of how much you’re eligible for.

  3. On the same page, when you scroll back to the top, click on the “apply now” tab. You will be directed to the online application form. Fill in your personal and professional details. 

  4. Upload the bank statements and necessary documents. These documents will be digitally verified, with the help of which we will be able to provide quick online approval.

  5. After the digital approval, our customer representative will be at your doorstep to collect the documents. 

  6. Once you finally get approved, we will offer a loan amount. You are open to accept or reject that offer.

  7. Once you accept that offer, the loan amount will be transferred to your bank account within a day. 

1. What is the interest rate charged on a personal loan from Qbera?

A. Our interest rates start at 11.99%. Also, we do consider factors such as age, income, credit history to find out the best rate for you that can fall anywhere between 11.99% and 24%.

2. Do I need to submit any legal asset or property to get a loan?

A. All instant loans at Qbera are unsecured, which means you don’t have to submit any collaterals.

3. In how much time can I pay back the loan amount?

A. Qbera allows you to choose from a flexible loan length of 6 to 60 months. 

4. What is the prepayment fee for a personal loan?

A. You can prepay a loan after completing first 12 months and the charges applicable are 5% of principal outstanding and GST.

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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