Immediate Cash Loans in India

6 Ways to Effectively Use a Personal Loan


Personal loans are a godsend when you’re struggling with financial emergencies. However, you can only make the most of these loans when you know how to use them the right way! In case you’re looking for options, here’s a full list of the various reasons why people apply for instant loans.

Consolidating Credit Card Debts

Let’s face it: with an APR ranging from 30% to 40%, credit card debt can be an expensive affair. But you can easily manage these high interest debts by consolidating them with a personal loan. With this arrangement, you’ll have one simple monthly payment that’ll settle your high-interest debts faster. Qbera offers personal loans in Bangalore and several other cities in India.

Miscellaneous Bills

If you don’t yet have a steady flow of cash, a personal loan can be a great way to pay off your outstanding bills. Since you can practically use these loans for anything, you can easily pay off your rent and other pending bills with it. However, being reliant on personal loans can never offer a permanent solution to your debt problems. So even if you’re applying for this loan, assess your financial situation and try to find a more comprehensive solution for it.

Home Fixtures

If you’re facing trouble in financing the remodeling or repair of your home- personal loans can be a good option. They are especially useful when your home fixture project costs you more than you had initially planned for.


Weddings are an expensive affair. So, if you find yourself strapped for cash, simply apply for a quick personal loan. Since the rates on personal loans are lower than credit cards, it is better to choose it for your major wedding expenses.

Home Purchases

If you’re looking to splurge on a swanky bed or want to pep up your living room, personal loans can be a decent option. With this loan, you’ll have more options than what you’re allowed by your bank account. However, since the interest rates on small personal loans tend to be on the higher side, we’d suggest you wait it out instead of immediately taking the plunge.


Looking to take a break from your hectic schedule? A personal loan can be a great way to fill in your financing gaps.

Dental and Fertility Treatments

Since dental and fertility treatments aren’t included in your medical insurance, you can easily fund them with a personal loan.

Where to Get a Personal Loan?

While you can get a personal loan from both banks and alternative lenders, we would suggest you to settle for the latter. Unlike banks, alternative lenders these days offer low interest rates and flexible tenures. Qbera, for instance, offers personal loans starting from 11.99% p.a. So, check our platform, and weigh out your available options, before finally taking the plunge!


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