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Private Finance Loan
Private Finance Loan
Want a private finance loan from a private finance lender at the most affordable interest rates? Well, Qbera offers private finance loans to salaried individuals with a minimum net monthly income of Rs. 20,000 per month.
If you're looking for a private loan in any of India's top cities - Bangalore, Chennai, Delhi, Hyderabad, Pune, Delhi, Jaipur or Ahmedabad, Qbera has one for you! Qbera offers private finance loans at interest rates starting at 11.99% p.a.
What factors influence your private finance loan approval from Qbera?
Qbera has very easy-to-satisfy eligibility parameters for private personal loans in India. Here are some factors that impact your loan eligibility:
Credit Score
If you want to qualify for a private finance loan with Qbera, you should have a minimum credit score of 575. While most private banks and traditional lenders require you to have a minimum credit score of at least 700, Qbera offers personal loans online to individuals with low credit scores as well.
Income
The minimum income that you should have in order to qualify for an online personal loan with Qbera is Rs. 20,000 per month (net monthly salary). Private Banks require individuals to have a minimum monthly salary of Rs. 30,000 in order to qualify for an online loan.
Employment
Applicants have to submit their bank statements for the last 3 months through a secure web channel using their netbanking credentials. The benefit of choosing Qbera is that applicants can become eligible for a personal loan even if their employer is not listed.
Type and place of residence
Qbera does not reject applications on the basis of "type of residence". Meaning, individuals residing in shared accommodations are also eligible to apply for a personal loan with Qbera. Applicants should be residing in any of the following cities in order to qualify for a personal loan from Qbera - Bangalore, Mumbai, Delhi, Hyderabad, Pune, Chennai, Jaipur and Ahemdabad.
Documents required for a private finance loan from Qbera
- Aadhaar Card
- PAN
- Salary slips for the last 3 months
- Bank statements for the last 3 months
- Cheque leaves (salary account)
- Photographs
NOTE: The application form can be filled online, and supporting documents required to complete the loan application and begin subsequent processing can also be uploaded online.
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
|
Pradeep
"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."
Shekhar
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...
Syed
"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."
Anish
"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"
Arun
"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"
Bhaskar
"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"
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QBERA
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
Contact our support team via WhatsApp by clicking below:
contact@qbera.com
1800 4198 121
+91 72080 56906
2nd Floor, Featherlite Vista Building,
MV Jayaram Road,
1st Main,
Vasanth Nagar.
Bangalore 560 052