Prefr - Personal Loan

When applying for a loan, there are various aspects to consider, like interest rate, processing time, charges, and eligibility criteria. You get this with the best personal loan, Prefr personal loan. This unsecured loan is available for both salaried and self-employed, making it a great choice to easily meet your emerging and urgent financial needs. With a low rate of interest and easy processing, this instant personal loan saves time and offers quick online management as well. At the same time,

Max. Loan Amt.

Up to ₹5L

Rate of Interest

15.00% - 24.00%

Tenure

1 - 4 Years

Processing Fee

5.00%

Features
  • Instant loan processing in just 5 minutes.
  • Low interest rates
  • No processing fees or foreclosure charges. 
  • 100% digital journey.
  • No hidden charges linked to the loan. 
Fee and charges
  • Processing fees: 3-5% of the loan amount
  • foreclosure charges: 5% of the principal outstanding amount
Required Documents
1
Last 3 month Bank statement / RBI Approved Account Aggregator Process/ Bank Statement
2
3 latest salary slip with form 16
3
Net Banking or Debit Card details to set up e-Mandate
4
Valid KYC
5
Aadhar card with Date of birth
6
Aadhar card with Date of birth
7
Pan card