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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%.

Used Car Loan in Kolkata

A used-car loan in Kolkata from Qbera is easily your perfect solution if you wish to own your dream vehicle. Qbera offers personal loans for used cars in Kolkata at interest rates starting from 10.99% p.a. The minimum credit score required to apply for a used-car loan in Kolkata from Qbera is 600. 

Worried that you will dent your brand-new car while learning to drive in Kolkata? We have the perfect solution for you- invest in a used car. Still worried about financing a used car? Do not worry!! Qbera offers used car loans in Kolkata.

The pathetic state of public transport has led many to opt for private vehicles. Being in control of your mode of transport is essential in getting to places without worrying about the waiting time and the long travel distance especially in a city like Kolkata which is known to be quite congested. There is an emerging market for pre-owned cars that are tested and verified by professionals. This saves you from the headache of having bought a broken-down car that needs extensive repairs. These pre-owned cars are tested and meet minimal criteria and so you can rest assured

Second-Hand Car Loans in Kolkata - Difference between Qbera and Traditional Banks


Processing fee

1% -5%

2.25% of principal + GST

Interest rate

Starting at 10.99%

Starting at 11.99%

Credit Score required

600 and above

750 and above

Loan amount 

Up to Rs 25 00 000

Up to Rs 15 00 000

Minimum age required

23 years

21 years

Pre-closure Charges

5% + GST

5% + GST after a lock-in period

Features of a used car loan in Kolkata from Qbera

1. Lesser loan amount: The used car is more affordable than a new car and so the amount required is also considerably less. Qbera offers used car loans at affordable interest rates and with long repayment tenures as well. So, a small loan amount coupled with affordable interest rate and long repayment tenure spanning 5 years make it a good choice.

2.  Low EMIs: The monthly EMIs is quite less when compared to the EMIs to be paid for a new car. The less EMI means less stress on the monthly budget and it can be paid off easily as well. The interest rate for a used car loan starts at 10.99% which is very affordable.

3. The low-income group considered: Many looking for a personal loan are in the low-income group and they find it extremely difficult getting a loan. Qbera offers used car loans in Kolkata for persons with a net monthly income of Rs 18 000 as well. 

4. Quick Disbursal: The personal loan for buying a used car can be applied for online. After successful verification of documents, the amount is disbursed to the applicants’ bank account within 24-48 hours. This quick turnaround time is one of the best features of the used car loan.

5. Low CIBIL score considered: If you have a sub-prime credit score, then it becomes difficult to get a loan whether secured or unsecured. Qbera uses modern technology and does not base its lending decision only on the CIBIL rating. So, even with a low score, you can get a used car loan in Kolkata.

How to apply for a used-car loan in Kolkata

1.    Visit the website and fill out the online application form

2.    Check the eligibility criteria applicable 

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

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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