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Private Paperless loans

No Collateral Required
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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%.

Private Paperless loans

The digital era is all about doing away with things that harm the planet. Traditionally there is a ton of paperwork that is related to the loan process, this directly means excessive use of paper. A lot of trees are cut to facilitate paper production so, joining the “Go Green” initiative, the loans process has also become paperless. Private paperless loans are quick, easy and environment-friendly way of handling monetary deficits.

Private Paperless Loans in India

Although banks, NBFCs and Fintech lenders give out personal loans, the paperless loan is the forte of the Fintech lenders. Companies like Qbera accepts applications in digital format and also encourages online submission of documentation. This drastically reduces the need for paper documents. To apply for a private paperless loan from Qbera, just login to the website. After entering the necessary information, you can upload important documents like bank statements and salary slips. After successfully completing the verification process, the loan amount is credited to your bank account. This process is done digitally without the requirement for any physical paperwork.

These private paperless loans are extremely flexible. Whatever the nature of your requirement be assured that these loans will be able to help you out. A monetary crisis like hospital bills or emergency repairs to the home can be easily managed and it can also be used to fund an exotic vacation or a long dreamt of a destination wedding. Being unsecured loans, there is no need to pledge any kind of asset with the company providing the loan. 

Before applying for the private paperless loan, it is advisable to check the eligibility conditions. Different institutions have different requirements. The eligibility criteria for Qbera loans are:

You must be a salaried individual

As these are unsecured loans, the lender expects loan repayment from salary. The employment status and the job stability are given much importance.

You must have a min net salary of Rs.18, 000/-

Qbera considers applications of individuals with a take home salary of Rs 18 000 and above for a paperless loan. The obligation here is that, the borrower should be able to manage his monthly EMIs along with his monthly family budget.

You must be above 23 years of age and less than 55 years

The age of the borrowers becomes a key factor as it is better to give a loan to a younger person, who can avail a long tenure, rather than an older individual who doesn’t have many years left.

Minimum CIBIL score of 575 and no defaults in the last 24 months

The credibility of the borrower is particularly important and CIBIL score provides an insight into that for the lender. Most banks consider a score of 750 and above. Qbera does consider marginally less score as they also do a risk assessment based on other socio-economic factors. But a score of 600 and higher with no case of payment defaults in the last 1 years is a requirement.

Being private paperless loans, there is not much paperwork involved, however, few documents are required. 

Documents for Private Paperless Loans

  • Aadhaar Card
  • PAN Card
  • Proof of address
  • Salary and income documents
  • Photographs
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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