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Personal Loan in Chennai

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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%.

Personal Loan in Chennai

Chennai, the capital city of Indian State Tamil Nadu, is one of the biggest educational, cultural and economic centres in South India. Under PM Narendra Modi's flagship "Smart Cities Mission", Chennai is selected as one of the 100 cities to be developed as a smart city. If you are a resident of Chennai; looking for an instant personal loan, Qbera is at your service. Qbera provides instant loans in Chennai for your urgent and unexpected financial needs. Whether you have unforeseen medical expenses, or you want a simple way to consolidate debt, or you just want to go on a holiday with your loved ones, we understand.

Benefits of Instant Personal Loan in Chennai

1. Quick and easy process

When you apply for a personal loan in Chennai, you don't have to plan to visit any bank or financial institutions with all the documents. Sit back at home, login to Qbera.com and apply for a personal loan online. Why the process is easy because you can provide all personal, professional and bank details online itself. 

2. Unsecured loan

Qbera loans are unsecured in nature. So, no need to worry about putting up your legal assets or properties while you apply for a personal loan in Chennai. 

3. Flexible loan tenure

You can choose from a flexible loan tenure that ranges between 6 to 60 months to make repayments. 

4. Low interest rates

As compared to credit cards, which have a whopping interest rate around 30-36%, you can get an instant loan in Chennai starting at 11.99% from Qbera. We calculate your interest rate based on your monthly income and future repayment potential. 

Special Benefits from Qbera Personal Loan in Chennai

1. Loan at low credit score

It is usually advised to keep our credit score above 750 while we apply for a personal loan. But what if you don't have that good score? Qbera extends instant personal loans worth Rs. 25,000 to Rs. 10 lakh to those having a credit score as low as 600. 

2. Living in a shared accommodation? Don't worry, you are eligible for a personal loan

The proprietary risk model that we use to assess a borrower's willingness or capacity to pay is different from traditional lenders. We aim at providing unsecured credit to as many underserved people as possible. Apply for a personal loan with Qbera and we will get back to you with a suitable quote that fits your financial needs. 

3. Online EMI Calculator

Once you decide to apply for a personal loan in Chennai, calculate your EMI using our online EMI calculator that gives you error-free EMI in minutes. All you have to do is put the values of your monthly income and value of your current EMI in case you are paying any. If you know your EMI, it will be easier for you to plan for your upcoming monthly payments. 

4. Easy Repayment

At Qbera, you can choose to pay for the EMIs using NACH. It allows you to get your EMIs automatically debited from your bank account through net-banking. 

5. Improvise your credit history

When you make regular payments to Qbera, it sends timely reports to various credit bureaus regarding your loan performances. These timely payments will help you boost up your credit history.

1. What is the lowest EMI that I can get for a personal loan in Chennai?

Qbera offers one of the lowest EMIs starting from Rs. 2700. 

2. What is the rate of interest charged on a personal loan from Qbera?

Qbera considers various factors such as your age, employment, income and credit history to decide the rate of interest. Our interest rates start at 11.99%. 

3. What is the processing fee that I need to pay for a personal loan in Chennai?

At Qbera, we charge a minimal processing fee that ranges from 2-4%. 

4. What should be my age to apply for a personal loan?

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

5. 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

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: [email protected]
Phone: 1800 4198 121
Whatsapp:+91 72080 56906
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MV Jayaram Road,
1st Main, Vasanth Nagar.
Bangalore 560 052

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