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Home Renovation Loan

Home Renovation Loan Pune
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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%.

Home Renovation Loan in Pune


Pune’s growth in the last two decades is commendable with tons of MNCs and startups choosing this city as their base. Consequently, numerous residential projects and home improvement firms have made their mark in the realtor sector. Fondly known as the Queen of Deccan, it is giving other cities quite a competition when it comes to livability. 

Home improvement or home renovation – whether you just want to keep up with the recent trends or want to give your homw the logn ovedue makeover – it can be an expensive affair. We all love the idea of that perfect home (a small world of our own in this big world) with special corners for everyone we love and everything we enjoy doing. Whether it is changing your old-fashioned kitchen into a modular kitchenette cum dining space, converting the loft, building a library with a partition wall, installing a home theater, replacing the old floor tiles, and/or getting new furniture among other small scale or large-scale extensions- the list is endless. 

Say you want to repaint your house and install a modular kitchen. As per the current market trends, this can cost around 2-3 lacs. If you think you are creditworthy, a renovation loan disguised as personal loan could solve all your woes. Yes, renovating or adding to your home won’t come cheap and this may lead to cutting down on the scope of your renovation. 

Customized home improvement loans from banks and NBFCs can help you here and there would be no need to feel shackled by a tight budget. You can either top-up your existing home loans if any or take out personal loans. But don’t keep postponing it because the expenses (be it materials or manpower) would only increase over time. Let home improvement loans in Pune make all your dreams and aspirations a reality and your home a place you would always want to return, no matter where you go. 


Given below are some pointers to help you plan and work out a budget before applying for a loan: 

  • To get or not get professional help?
    Owing to the high maintenance costs, some people think they will take care of small repair work or even white-washing the walls. But home improvement is not the occasion to ‘try’ because failing to get experts from the beginning would only result in loss of time and money.
  • Fixing new rails and windows?
    You might want to fix higher rails in the balconies, especially when there is a toddler in the house. Safety should always be the foremost concern.
  • Adding a small garden
    We would strongly recommend designating a small area as a garden. This space will allow water to be seeped into the ground or directed to a drain. You can even plant a few ferns here to make it look pleasant.
  • Extending the house:
    Do you want to alter or add a new room to your house? Then it should be sympathetic to the present structure. Do take care to source similar materials and resources. You might need to get permission from the Municipal Office or Panchayat for the same. Contact the nearest office to get the exact specifications.
  • Replacing/buying electronic appliances:
    Your TV emits weird noises and fridge is a secondhand one and uses up more electricity than you thought possible. You have also been thinking of changing your semi-auto washing machine and getting a new fully-automatic one. Keep your eye open for seasonal sales and festive offers to grab the best deal available.


Already sketching plans to renovate your home? Then it is important to fix a budget and plan. List down exactly what you want done in specific areas and inquire about the tentative costs from companies in your area. This will give you an idea about the amount you might have to take out as loan well before you knock down the walls or break down the cabinets. Make use of financial comparison sites to find out which lender suits you best in terms of eligibility, interest rates, tenure and EMIs. This is when you realize that you may not be eligible for personal loans from these banks. A decade or so back, there was no other choice when you are denied personal loans by a bank. Now there are new Fintech lending companies that are striving (and have already succeeded) to bridge the gap between the lender and the customer. 

  • Income
    Unsecured loan seekers must walk an extra mile to convince the bank of their creditworthiness and for that, having a steady income is crucial. While traditional lenders mostly give loans to people with at least Rs. 6 lakhs annual salary, many online lenders are happy to offer loans to people with half the income.
  • Credit Score
    Are you aware that banks mandate a CIBIL Score of 740+ if you want to apply for a personal loan? Such a score can ensure you loans at lesser interest too. But here is a hitch. Just because your credit score is less than ideal does not mean that you are an irresponsible credit user by default. There could be many reasons for a lower score such as erroneous entries. Qbera understands this and has lowered the CIBIL Score cut to 625.
  • Disbursal in 24 Hours
    As unsecured loans, personal loans are levied higher interest and many view this as a last resort in emergency situations. Qbera has done away with manual application procedure. Now you can apply and upload necessary documents via online or smartphone anywhere anytime. If all the documents are in order, you will receive a call on the same day. An executive will visit you at a place of your convenience to collect your signature and the amount will be credited in your account the very next day.


Qbera application procedure takes the words ‘easy’, ‘quick’ ‘simple’ and ‘hassle-free’ among others to a new level. Given below are 5 steps to get it done the Qbera way.

  • Just log on to Qbera.com and fill in the application form (it barely takes 5 minutes)

  • Upload your bank statement on the website

  • Qbera gives you an offer within 4 hours

  • Our representative will come and collect the documents

  • Money transferred to your account in less than 24 hours

Qbera may be able to help when you need it the most. Apply now for a smart hassle-free loan in pune.

1. What is the tenure of a personal loan from Qbera?

The loan tenure at Qbera is a flexible one and it ranges from 1 to 5 years (12 to 60 months).

2. What is an EMI?

It is the fixed amount that a borrower pays to the lender on a particular date every month. An EMI includes the principal and interest charged on a loan.

3. What is the minimum and maximum loan amount that I can get from Qbera?

The loan amount ranges between Rs. 25,000 to Rs. 10 Lacs.

4. What is unique about Qbera?

Our technology and lending partnership allow us to offer a world-class experience to our borrowers:

  • Paperless application
  • Instant lending decision
  • Digital verification of income, employment and residence
  • Disbursement of loan within 24-48 hours

Our CIBIL score cut-off is 625 and we can give loans to employees of more than 9 lac companies in India. Now you don’t have to get rejected by banks just because they have not analyzed and categorized your employer.

5. What should be my age to apply for a loan with Qbera?

You must be at least 23 years old to apply for a loan.

6. What should be my minimum salary to get a loan?

Your net monthly income must be Rs. 20,000 or more.

7. What should be my CIBIL score cut-off for a personal loan?

Our CIBIL score cut-off is 625 (V2 score).

8. What is the rate of interest charged on a personal loan?

Rate of interest depends on a borrower’s income, CIBIL score, employer, age etc. Qbera collects information from your application form and various other data sources to create a personalized loan offer for you. Our interest rates start at 11.99%.

9. What is the eligibility criteria to get a loan from Qbera?

To get a loan from Qbera, a borrower should meet the following eligibility criteria:

  • Must be a salaried employee.
  • Age must be between 23-55 years.
  • Net monthly income must be Rs. 20,000 or more.
  • No defaults in the last 24 months.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai, Mumbai or Hyderabad.

10. How do I apply for a loan online?

To apply for a loan online, click here. For queries, please Whatsapp us on +91 89719 28484.

11. What are the documents required to get a loan from Qbera?

The following documents would be required after your loan is digitally approved:

  • Aadhar 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 Aadhar card)
  • Passport size photo

12. What is the processing fee charged on a personal loan by Qbera?

The processing fee ranges between 2% - 4%.

13. How can I repay my loan?

Qbera provides easy repayment of its smart loans through automatic debit of EMIs via NACH mandate.

14. Why was my loan application rejected at Qbera?

Although we have one of the best approval rates in the industry, we may have to reject some applications if they do not meet our basic qualification criteria. You can re-apply after 3 months in case you think that your credit profile has improved.

15. Can I re-apply for a loan?

Qbera requires you to wait for at least 3 months before re-applying for a personal loan.

16. How much time does Qbera take to process a loan application?

It will not take more than 10 minutes to fill up your online application form. Our technology allows us to disburse the approved loan amount within 24-48 hours.

17. Is part/prepayment allowed on my personal loan?

We do not allow part-payments. However, you can prepay your loan after completing 1 year of repayment. (Foreclosure charges: 5% + GST applicable).

18. Do I need to submit any collateral to get a personal loan from Qbera?

All personal loans offered by Qbera are unsecured. Hence, you need not submit any assets or property to secure a loan.

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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