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Qbera Unsecured Loan

Simple, Fast & Secure!
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%.

Unsecured Loan

What are Unsecured Loans?

An unsecured loan is the kind of loan that doesn’t need any collateral to be pledged by the borrower. It’s as simple as that. In this kind of loan, the lender is faced with more risk than when there is a collateral put up for the borrowed sum. The higher risk means that the lender will charge more interest. The lender will approve an unsecured loan application if they have confidence that the borrower will repay the borrowed amount. The lender will judge the borrower based on their previous debt habits or credit score. Each lender will have a different cut-off for the minimum credit score that they expect the borrower to have. At Qbera, we need customers to have a minimum credit score of 600.

Unsecured Loans India

The only thing you bring to the table is your signature. That means that even if you default on your payments, lenders don't have the right to take possession of your assets. However, failing to make your repayments on time will get you into deeper debt. It will also affect your credit score, reducing your chance of being to avail loans in the future. 

The most attractive feature of unsecured loans is that they are quick and easy to get. In financial emergencies, it is obvious which kind of loan to go for.

Usually, unsecured loans in India come with a fixed interest rate - this means that the interest rate will not change over the loan tenure. The time you get to make the full repayment varies across lending companies. In the case of Qbera for instance, you can choose between one and three years to make your repayment.

Before you apply for a personal loan, do the math and figure out how much you can afford. The EMI that is payable each month should be within your budget. 

Differences between Secured & Unsecured Loans

When you are in need of money and need to take out a loan to meet the need of the hour, one decision that you will have to make is whether to go for an unsecured loan or a secured loan. Here is a short explanation about the difference between the two.

A secured loan will need you to put up a collateral, such as your house or your car. The lender will be able to take possession of the collateral if you default on your EMIs as agreed. Good examples of secured loans are car loans and home loans. 

Unsecured Loans do not need you to put up any collateral. The lender lends you money based on trust. How does a lender decide if you are a trustworthy applicant? They will take a decision based on your previous borrowing habits. If you have handled your finances well in the past, lenders will assume that you are a trustworthy candidate. That means that your credit score must be good enough. In case of an unsecured loan, the lender cannot take away your valuables even if you default on your payments. Good examples of the unsecured loans are student loans, credit cards and personal loans. We at Qbera offer unsecured loans at some of the best interest rates. 

Qbera Unsecured Personal Loan Eligibility

You are eligible for a loan from Qbera if:

  • You are employed and earning a minimum of ₹20,000.

  • You are between 23 and 55 years.

  • You have a minimum credit score of 600. 

Documents required for Unsecured Loan after digital approval:

  • PAN card

  • Aadhar card

  • Current Address Proof

  • Permanent Address Proof (in case the permanent address is different from the address on Aadhaar card)

  • 4 Cheques from your Salary Account

Unsecured Loan Interest Rate

  • Interest rate range from 11.99% p.a. to 24 p.a.%.

  • The loan terms will depend on the history of past repayments, work experience, credit score, profession and age.

How to Apply for a Qbera Unsecured Loan

Here's how you can get an unsecured loan in 5 steps:

  1. Log on to Qbera.com and enter your details online in the application form. You will be asked to pick your loan purpose and loan amount, while also being given the option to calculate your monthly repayment amount or EMI. The entire process shouldn't take you more than 5 minutes. 

  2. You can provide your bank statements either through e-mail or by logging in to a secure web channel with your Netbanking credentials. 

  3. You'll get instant temporary approval based on your credit profile, after which you'll receive a customized loan offer. 

  4. Your documents will be verified digitally - you will have to upload them or send them via email. 

  5. Once you receive final approval subject to verification of your documents, the amount will be transferred to your registered bank account in 24 hours. 

Features & Benefits of a Qbera Unsecured Loan

  • No collateral required
    Qbera personal loans are unsecured loans, not requiring you to pledge  a form of collateral to secure the loan amount. 

  • Quick and seamless process
    The process of applying for a Qbera unsecured loan is quick, easy, and seamless. The entire process can be completed online, including submission of documents. 

  • Flexible tenures to choose from
    The tenure for a Qbera unsecured loan is ranges from 1 year to 5 years. You can pre-close your loan before the end of its tenure, apply for a top-up, or alter your loan tenure depending on your convenience. 

  • One-day loan processing
    Once you apply for your loan, the loan is processed within one day, and after you get an approval from Qbera for your unsecured loan, the loan amount will reach your registered bank account within 24 hours. 

  • Transparency in dealing with you
    You will be made aware of all loan terms and charges before you decide to go ahead with your loan. 

  • Customer support
    Right from the time you apply for the loan, until the time you've paid-off your loan completely, our support staff will be available to assist you. We are available anytime between 9:30AM and 7:00PM IST on weekdays and between 10:00AM to 1:00PM on weekends. Our customer service representatives can be reached via Whatsapp at +91 89719 28484, via Toll-Free number at 1800 4198 121 or e-mail at contact@qbera.com.

  • Credit score and credit history
    We send regular reports to credit bureaus - so if you've made timely payments all along, your credit score is sure to improve. Also, you can apply for a Qbera loan even with a low credit score of 600.

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
  • 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)


"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?
Select your employment type to proceed.


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 89719 28484
2nd Floor, Featherlite Vista Building,
MV Jayaram Road,
1st Main, Vasanth Nagar.
Bangalore 560 052

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