With Prefr, They give you instant personal loan upto ₹5,00,000 directly in your bank account so that you can progress and grow in life not just personally but also professionally without any barrier or hesitation.
At Prefr, all the loans are financed by lending partners – Hero FinCorp Ltd and NDX P2P Private Limited (Liquiloans).
Prefr Loan Customer Care & App Details
| CASHe Loan Interest Rate | 18% to 36% per annum |
| Personal loan Process | Completely digital, Contactless, Paperless Process |
| Processing Fee | 3% to 5% of the loan amount |
| Loan tenure | 6 to 36 months |
| Maximum Loan Amount | Rs. 10,000 to Rs. 5 Lakhs |
| Age Limit | Above 18 Years |
| Citizenship | Indian Citizen |
| CASHe Loan Customer Care Number | 040-48521334 |
| wecare@prefr.com |
Features of Prefr Loan App
Following are some attractive features of Prefr loans:
- Get an instant personal loan from Rs. 10,000 up to Rs. 5,00,000 for not just personal but also professional needs.
- Prefr loan interest rate ranges from 18% to 36% per annum.
- A processing fee of 3% to 5% of the loan amount, subject to a minimum of Rs. 1,500 + GST, will be charged.
- No security is required to be kept with Prefr to get a loan.
- Prefr loan app offers Term Loans for Self-Employed with flexible tenure ranging from 6 to 36 months that will help them grow their business.
- Prefr offers Personal Loan for Salaried for their medical, home upgrade, wedding expenses and other personal needs for tenure ranging from 6 to 18 months with easy EMIs.
- No CIBIL score is required as Prefr uses borrower’s banking data to generate their offer.
- Get loan approval in just one minute flat once you provide all the necessary details.
- Money will be disbursed to your bank account within 2 hours after successful document verification.
- Prefr is a great platform for availing of a personal loan. To know about its benefits, you can read Prefr loan reviews online
Prefr Personal Loan EMI Caculator
Prefr Loan App Eligibility Criteria
Availing of a personal loan from Prefr is easy. All salaried, as well as self-employed individuals aged above 18 years, can apply for Prefr personal loan. The borrower must have a regular source of income to service loan repayment along with the interest component. The applicant has to provide information about their income and employment and also their bank account details for auto-debit of EMI payments.
Prefr Personal Loan Types
Prefr provides the following two types of loans for meeting your personal and professional needs:
- Term Loans for Self-Employed: This loan is offered to self-employed individuals with flexible tenure to help them grow their businesses.
- Personal Loan for Salaried: These loans are offered to salaried individuals for any personal requirements, including medical, home upgrade, wedding expenses, etc. The tenure for this loan ranges from 6 to 18 months.
Prefr Personal Loan Documents Required
To get a Prefr personal loan, you just need to do the following three things:
- Click a Selfie
- Upload your PAN Card
- Upload your Address Proof document
How to Apply for Prefr Personal Loan?
Following are three easy steps to get a Prefr personal loan:
- Click on the Link below
- Provide information about your income and employment to check your loan offer in just 1 minute.
- Click a Selfie and upload your PAN and address proof in the app.
- Set up an auto debit on your bank account for easy EMI repayments.
Prefr Personal Loan Apply Link:
Prefr Loan Related FAQ:
Is it Safe to Use Prefr Loan App ?
Yes , You can easily trust Prefr Loan because it was Registered with RBI and also trusted by us . But one thing you have to know that their was Duplicate apps of Prefr in the Playstore . Beware of them , So please download the Prefr App from our Link which given above.