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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 Private Loan

Looking for quick private loans? Choose Qbera if you want the amount to reach your bank account within 24 hours. Private loans also known as personal loans are the ideal option when faced with any king of monetary shortfalls. Cash shortage while renovating your house or during wedding arrangements can be easily managed with a quick private loan. Your savings or assets of any kind do not have to be pledged as the loan is given against your salary. The employed applicant is made responsible to repay the loan taken from his salary on a monthly basis.

Private Loans are an excellent option while planning an exotic vacation or extensive home repairs and renovations. In order to be eligible for a private loan from Qbera, you must be at least 23 years old, have a minimum net monthly income of Rs. 18,000 and a minimum credit score of 600. 

Quick Private Loan - Difference between Qbera and traditional banks

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 Quick Private Loans from Qbera

  • Quick turnaround time: The turnaround period of 24-48 hours after document verification is unparalleled and made possible using the best in technology.
  • Low-income groups considered: Applications from individuals in the low-income group are considered. This particular group faces a lot of rejection and are not preferred by traditional banks for loans.
  • Shared accommodation: those staying in shared accommodation find it difficult to get a loan simply because they do not have permanent residence in the city. Such individuals are considered by Qbera basing the application on job stability and other social and economic criteria.
  • Low CIBIL considered: There are a variety of valid reasons such as time gap in communication between the financial institution and CIBIL agency that may result in a low score. This is why Qbera considers marginally low scores for a loan.
  • Highly flexible loans: These quick private loans are extremely flexible and can be used in a variety of ways. It can be used to Fund a marriage, education or pay medical bills. The scope is so varied that you can look at home renovation, debt consolidation or even a fun-filled vacation.

Application process for quick private loans in India from Qbera

  1. Select the financial institution that is best suited for your requirements.

  2. Check the eligibility criteria applicable to this particular institute like Qbera

  3. Analyze the application procedure for steps and requirements

  4. Check the documental requirements and make sure to meet minimum eligibility

  5. Apply for the loan



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:
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E-mail: contact@qbera.com
Phone: 1800 4198 121
Whatsapp:+91 89719 28484
Address:
2nd Floor, Featherlite Vista Building,
MV Jayaram Road,
1st Main, Vasanth Nagar.
Bangalore 560 052

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