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SBI wedding loan Vs Qbera Wedding loan

Instant wedding loans 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%.

SBI wedding loan Vs Qbera Wedding loan

Celebrating the milestones in one’s life makes one appreciate the small joys of life and inspires one to be thankful for the experiences that have been gathered. Marriage is a major milestone in our life as it marks the beginning of a new life along with a partner. Celebrating their child’s marriage is one of the major life goals for parents. It is definitely a joyous occasion and all the festivities means that much use of funds to make all the preparation and the occasion picture perfect.

Not many can afford to have ready cash to take on celebrations of such magnitude. This is where personal loans have stepped in with instant cash, easy approvals and competitive interest rates. Personal loans have made sure that parents or even the couple do not end up liquidating their assets or investments. These extremely flexible wedding loans from Banks, NBFCs and new age Fintech companies can be used as per your discretion and requirement. From payments of wedding venue, catering and decoration to jewelry and bridal costume, you can choose to spend the money as per your discretion.

Here is a glimpse of two financial institutions offering instant personal loan for a wedding.

SBI Wedding loan

A personal loan from SBI offers cash loan to cover the wedding expenses. The maximum loan amount that can be availed is Rs 15,00,000. These loans can be availed by government employees as well as persons who are existing customers with a net monthly income of Rs 5000/-

  • Low interest rates
  • Low processing charges 
  • No hidden cost / administrative charges 
  • Minimal documentation
  • No prepayment penalties

Qbera Wedding loan

Fintechs are new age financial institutions who use advancements in technology extensively. Qbera offers instant personal loan to pay for wedding expenses to persons who have been facing rejection due to low CIBIL score. Advances risk calculation algorithm is able to determine the credibility of an individual based on other social and economic factors.

  • Competitive interest rates
  • Low income of Rs. 18,000 per month are considered
  • Negligible processing charges 
  • Flexible use of funds
  • Minimal documentation
  • Low CIBIL score considered

Here is a tabular snapshot for easy reference:

SBI Wedding Loan
Qbera Wedding Loan
Rate of Interest
Starting at 11.75%
Starting at 10.99%
5 years
5 years
Loan amount
Up to Rs 15,00, 000/-
Up to Rs 25,00, 000/-
Disbursal time
Not specified
24-48 hours max
Processing Fee
1% of the Loan Amount + applicable Service Tax
CIBIL score 
750 and above
600 and above

To apply for an instant loan from Qbera, you just need to login to the website www.qbera.com and fill in the required personal and employment fields. The eligibility for a loan is instantly communicated to you. After which, more information pertaining to residence and income documents such as salary slips, and bank statements can be uploaded securely. After the documents are verified and other internal criteria are met, a personalized loan offer is made.

Once the loan offer is accepted and all the verifications are successfully completed, the amount is transferred to your bank account within 24-48 hours.

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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