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Personal Loans made simple!

Find the loan that's perfect for you!
Get my loan offer!
It only takes 2 minutes
Loan amounts range from Rs.50,000 to Rs.25,00,000. APR ranges from 10.99% to 35.99%. Loan lengths range from 12 to 60 months. Administration fee ranges from 1% to 5%.

Quick Online Loan

The Quick online loan has become a reality now with the presence of Fintech companies in the lending market. Qbera gives out personal loans with a completely digital application and quick turn around time. Post verification, a Qbera loan can be received in your bank account- at your disposal- within 24-48 hours. This easy availability of credit has changed the lending arena and made it possible to avail credit to finance any kind of monetary need. Where banks and other financial institutions take time to process documents, thanks to the digital operations of Qbera, the entire process is done quickly, efficiently and without errors.

Quick Online Loans in India - Difference between Qbera and traditional lenders

Qbera
Traditional Banks
CIBIL score of 600
Minimum CIBIL score of 750
Minimum net monthly income of Rs. 18,000
Minimum net salary of Rs 30, 000 and more
No defaults in the last 12 months
No defaults in last 12 months
Late payments a few times are allowed
Late payments attract heavy penalty
Paperless loans
Paperwork involved


Features of a quick online loan from Qbera

  • Digital Verification:  The use of digital means to verify the applicant like making use of online Aadhar card verification and eKYC documents have speeded the process substantially. This results in less turnover time and instant lending decisions.
  • Loan for low credit scores: Credit score provide an insight into credibility of a borrower and while banks solely rely on them, Qbera makes use of their risk calculation algorithm for better understanding. This algorithm considers social and economic leaning of an individual while making the lending decision.
  • Loan for low-income levels: Low-income groups that have a lesser amount in hand on paydays are not preferred by banks. Qbera, however, does not see it as a restrictive point and do consider them while approving quick online loans.
  • Loans for individuals living in shared accommodations: Many in metropolitan cities who stay away from their families prefer shared accommodations as they are cheap and more affordable. However, banks do not consider them stable enough and so do not sanction such loan applications.

Things to keep in mind while applying for personal loan:

  • Before taking a loan, remember that it has to be paid back consistently and promptly. Failure to do so have a bad impact on your credit ratings and may hamper your chances when there is urgent requirement. It is advised to carefully study your requirements before applying.
  • Personal loan is easy to access to money that might prompt you to take more than you need. This is however highly discouraged and not at all feasible in the long run.
  • Check the eligibility criteria to see if you qualify and these form the first level of application scrutinization.
  • A high CIBIL score implies better chances of loan approval and an enviable interest rate. Qbera does consider persons with sub-prime credit scores as well. Consider taking corrective measures if your score is too low before applying.
  • A Lower interest rate means less money paid out at the end of the loan term. So, be sure to negotiate a better interest rate.
View a complete list of our FAQs at our help center
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.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai, Hyderabad, Jaipur, Ahmedabad or Kolkata.
  • Aadhaar Card
  • PAN Card
  • 4 Cheques from your Salary Account
  • Current Address Proof
  • Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card)
Pradeep

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

Shekhar

"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...

Syed

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

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

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

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"

Are you ready to get your Qbera Smart Loan?
Select your employment type to proceed.
Self-Employed
Salaried

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.50,000 to Rs.25,00,000. APR ranges from 10.99% 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:
whatsapp

E-mail: contact@qbera.com
Phone: 1800 4198 121
Whatsapp:+91 89719 28484
Address:
1st Floor, Wolfpack Workspaces,
#39, 8th Main Road,
Vasanth Nagar.
Bangalore 560 052

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