Prefr Personal Loan is an easy and flexible financing solution designed to help individuals meet their financial needs, whether it’s for medical emergencies, education, travel, home renovation, or any other personal expense. One can easily get upto 3 Lakh personal loan with a hassle-free application process, quick approval, and attractive interest rates. Prefr Personal Loan ensures you get the required funds without unnecessary delays.
Key Features of Prefr Personal Loan
- Loan Amount: One can get loan amount ranging from ₹50,000 to ₹3 lakhs, depending on eligibility.
- Interest Rate: Competitive interest rates starting from as low as 15.99% per annum.
- Flexible Tenure: Choose repayment tenure from 12 months to 60 months.
- Quick Approval: Instant approval and fast disbursal within minutes.
- No Collateral Required: This is an unsecured loan, meaning no security or guarantor is needed.
- Minimal Documentation: Simple and paperless documentation for quick processing.
- Prepayment & Foreclosure: Prepayment options available with minimal charges.
Eligibility Criteria for Prefr Personal Loan
To avail of a personal loan from Prefr, applicants must meet the following eligibility conditions:
- Age Requirement: Between 22 to 55 years.
- Employment Status: Both salaried and self-employed individuals can apply.
- Minimum Income: ₹18,000 per month for salaried individuals and ₹2.4 lakhs annual income for self-employed.
- Credit Score: A CIBIL score of 725 or above is preferred for quick approval.
- Work Experience: Minimum 1 year for salaried individuals and 2 years of business continuity for self-employed applicants.
Documents Required For Prefr Personal Loan
- PAN Card
- Aadhaar Card
How to Apply for Prefr Personal Loan?
Applying for a Prefr Personal Loan is a simple and seamless process. Follow these steps:
- Click the Prefr Personal Loan Apply Online Button:
- Enter your mobile number
- Provide personal details like PAN, Aadhaar Number, Monthly Income, Email ID, bank details etc. such as name, mobile number, employment type, and loan amount.
- Enter OTP received on mobile number for CIBIL check
- The eligble loan amount, interest rate and loan tenure will be shown on next screen, Click Accept & Proceed
- Loan amount will be disbursed in the bank account
Benefits of Prefr Personal Loan
- Fast Processing: Get instant loan approval with quick disbursal.
- No Hidden Charges: Transparent fee structure with no hidden costs.
- Flexible Repayment Options: Choose a comfortable EMI plan.
- 24/7 Online Application: Apply anytime from anywhere.
- Dedicated Customer Support: Professional support for all queries and loan-related concerns.
Why Choose Prefr Personal Loan?
Prefr Personal Loan is an excellent choice for individuals looking for quick financial assistance without the hassle of lengthy approval processes. With competitive interest rates, minimal documentation, and flexible repayment options, Prefr makes it easier for you to manage your financial needs effectively.
Prefr Personal Loan EMI Calculator
Frequently Asked Questions (FAQs)
What is the maximum loan amount I can get with Prefr Personal Loan?
You can avail of a loan ranging from ₹50,000 to ₹25 lakhs based on your eligibility.
How soon can I get the loan amount?
Upon successful verification and approval, the loan is disbursed within 15 minutes to 48 hours.
Can I apply for a Prefr Personal Loan with a low credit score?
A minimum CIBIL score of 725 and above is preferred, but other factors like income and employment stability are also considered.
Is there a processing fee for the loan?
Yes, a nominal processing fee (usually 1%-5% of the loan amount) is charged.
Can I foreclose my loan early?
Yes, you can prepay your loan with minimal foreclosure charges, depending on the loan terms.
Conclusion
Prefr Personal Loan is a reliable and customer-friendly option for those looking for quick financial assistance. With an easy online application process, minimal paperwork, and flexible repayment options, Prefr ensures you get the best financial support whenever you need it. Apply today and meet your financial goals effortlessly!