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Personal Loans made simple!

Find the loan that's perfect for you!
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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%.

Unsecured Loan in Mumbai

Apply for unsecured loans from Qbera at the best interest rates! Personal loans from Qbera require no collateral. Instant approval if your income is more than Rs. 18,000 and your credit score is greater than 600! 

The financial capital of India is home to a plethora of companies and a variety of professionals. The inflation in the economy has made credit the go-to solution for any kind of monetary requirement. Instant unsecured loan in Mumbai can be the answer to many kinds of financial needs. These loans are unsecured which means that one does not have to pledge any kind of asset. 

Any salaried individual with a minimum take-home salary of Rs 18000 and with a CIBIL score of not less than 600 can apply for an unsecured loan in Mumbai from Qbera.

Unsecured Loans in India - Difference between Qbera and traditional Lenders

Traditional Lenders

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 unsecured loans in Mumbai from Qbera

  • Unparalleled digital experience as the entire process is completely digitized and can be completed online.

  • Quick disbursal time of 24-48 hours after document verification 

  • Competitive interest rate starting at 10.99% is one of the best in the industry.

  • Long repayment tenure that spans up to 5 years ensures manageable monthly payouts.

  • Individuals in the low-income group can apply.

  • Individuals staying in shared accommodation are considered for same day loans.

  • The highly flexible loan can be used as per the needs of the applicant in a variety of scenarios.

Different ways to use an unsecured loan in Mumbai

Medical bills:  A personal loan can be availed to manage high medical bills which might have been resultant of an emergency hospitalization. An Unsecured loan in Mumbai from Qbera does not require you to pledge any asset to avail the loan and so brings down the stress levels as well.

Marriage bills:  Being once in a lifetime even, there is huge importance as well as expectations associated with the wedding. Often this planning for this perfect life event translates to huge bills. This can be easily managed with an instant personal loan. 

Educational certification:  There is no substitute for hard work and if you find that hard work alone is not helping you reach higher in your career consider upgrading your educational qualification. These higher-level courses are expensive but can be smartly managed with a personal loan from Qbera at an economical interest rate and longer repayment tenure. 

Consolidate debts: the changes in living costs and inflation has tempted many to reach out to the ever-easy credit cards to finance it. However, this has led many into the vicious web of cyclic debts and more so if you have many credit cards. By consolidating all such debts under a single personal loan, you can escape this vicious circle.

Plan exotic vacation: to destress and rejuvenate oneself vacation are advised, however, the rise in travel costs and related expenses might leave you even more stressed. You can opt for an unsecured loan in Mumbai from Qbera and enjoy stress-free holidays.

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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