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Prefr Personal Loan

Eligibility Criteria ✔️ Age: Between 22 to 55 Yrs ✔️ Citizen: Indian ✔️ Employment Type - Salaried & Self-employed ✔️ Income- ➖ Salaried- 18K (Metro- Tier1 City), 15K (Tier 2 Cities). ➖ Self-employed- 22K.

Prefr Personal Loan

by Loans App

Step by step process

✔️ Suggest ‘Prefr Personal Loan’ to everyone in your network (Friends/customers)

✔️ Click on the “share to customer” option and share the link with interested customers

✔️ Ask your customer to click on the link shared by you and submit the required details like Name, mobile number, email ID, and city Pincode, then click on ‘Start Journey’

✔️ Now the customer will be redirected to the official website to register and apply for the loan.

✔️ Click on ‘Get Started’ from the screen. Then enter your mobile number and verify it with the OTP.

✔️ In the next step, mention employment type, organization type and net monthly income.

✔️ Now submit the personal details, like name, DOB, Email ID, PAN number, required loan amount and purpose of the loan.

✔️ Submit current and permanent address details. After that provide company and work details. Mark in the checkbox and give permission to verify Bureau data.

✔️ Now enter the OTP and click on ‘Verify’ then the details will be verified by the system.

✔️ In the next step your eligible loan amount will be displayed on the screen, enter the required loan amount, select the tenure and click on ‘Confirm & proceed’

✔️ Now the customer has to submit a selfie and KYC documents, and click on ‘Proceed’.

✔️ Click a selfie and upload it. If your mobile number is linked with an Aadhaar card then select yes, mark in the checkbox below, and click on ‘Proceed’

✔️ Now enter your Aadhaar number, re-enter to confirm it, and enter the security code, now select the option to get the OTP on your mobile number.

✔️ Enter the received OTP, create a share code, and click on ‘Proceed’

✔️ Review the details displayed on the screen and click on ‘Finish’

✔️ Now the customer needs to set up auto repayment, click on ‘Proceed’ and enter the bank account details. After that select, any one option ‘Net Banking’ or ‘debit Card’ to set up the mandate.

✔️ Now the next step, customers can see the loan agreement on the screen, mark in the check box to accept the T&C, and click on ‘I Agree’

✔️ Now the customer’s documents will be verified by the team, once it is done the applicant’s loan amount will be disbursed into their bank account.


Documents required

✔️ Aadhaar Card

✔️ PAN Card

✔️ Bank account details

Key Details

Interest Rate 1.00% - 2.00% p.a.
Loan Amount Up to ₹500,000.00
Tenure Up to 36 months
Processing Fee As per bank

Key Benefits

Features

✔️ 100% digital & paperless process

✔️ No Collaterals

✔️ Tenure- 12 to 48 Months

✔️ Borrow loans from Rs.25,000 to Rs. 5,00,000

✔️ Fast flexible credits for your personal use

✔️ Fast disbursal

Prefr Personal Loan

  • Interest Rate 1.00% - 2.00% p.a.
  • Loan Amount Up to ₹500,000.00
  • Tenure Up to 36 months
  • Processing Fee As per bank
Apply Now 100% secure and instant application

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