Prefr is an embedded lending service provider owned by CreditVidya, offers instant personal loan up to Rs. 5 Lakhs to salaried as well as self-employed individuals for all business and personal requirements. Prefr loan involves a completely digital process with simplified documentation.
Following are the key details of Prefr personal loan:
|Rs. 10,000 to Rs. 5 Lakhs
|Salaried individuals and self-employed individuals
|Wedding, events, home renovation, business needs, personal use, education, medical emergency & loan repayment
|6 to 36 months
|Rate of interest
|18% to 36% per annum
|3% to 5% of the loan amount
|Within 2 hours after document verification
Prefr Personal Loan Features
Prefr Personal Loan Interest Rate
Eligibility for Prefr Personal Loan
Prefr Personal Loan Types
Prefr Personal Loan Documents Required
How to Apply for Prefr Personal Loan?
Prefr Personal Loan Contact Details
Following are some attractive features of Prefr loans:
Prefr credit loan interest rate is affordable and fixed between 18% to 36% per annum depending on the borrower’s eligibility, required loan amount, type of loan, tenure of repayment and other factors. Apart from the interest rate, borrowers will also be required to pay the Personal Loan Processing Fee of 3% to 5% of the loan amount, subject to a minimum of Rs. 1,500 + GST.
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 provides the following two types of loans for meeting your personal and professional needs:
To get a Prefr personal loan, you just need to do the following three things:
Voila you are done.
Following are three easy steps to get a Prefr personal loan:
In case you have any query, complaint, feedback or suggestion regarding the Prefr loan, you can contact them through Prefr credit customer care number or any of the following ways:
Prefr loan customer care number: 040-48521334
Address: 2nd Floor, Block 2, My Home Hub, Hitech City, Hyderabad, Telangana - 500081.
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Find out exactly how much you need to pay for your next purchase
Whenever you take a loan, it is important to calculate EMI.
You can avail of a personal loan amount anywhere between Rs. 10,000 up to Rs. 5 Lakhs, depending on your eligibility and requirement.
Personal Loan for Salaried can be repaid in flexible tenure ranging from 6 to 18 months with easy EMIs.
Term Loans for Self-Employed can be repaid in flexible tenure ranging from 6 to 36 months.
Yes, you can use MyMoneyMantra's or HDFC's online EMI Calculator to calculate how much EMI amount you need to pay.
Yes, if you have booked the loan on or after April 1, 2018, it is possible to prepay your Personal Loan from 13 EMIs onwards from the disbursement of the loan. However, part-payment is permitted only twice during loan tenure and once in a financial year. Also, each part-payment should not exceed 25% of the outstanding principal amount.
The additional charges are only applicable if:
Yes, HDFC offers pre-approved Personal Loan to its existing customers. They are eligible to get an instant Personal Loan within 10 seconds of application.
New customers can get a Personal Loan from HDFC in just 4 hours after successful application and approval.
You can avail personal loan up to Rs. 40 Lakhs and also Rs. 75 Lakhs as per eligibility norms from HDFC Bank, depending on your income, CIBIL score, and other eligibility factors.
Yes, with SarvSuraksha Pro, you can secure your Personal Loan repayment. The facility has the following key benefits:
You can pay the EMI on your HDFC Personal Loan using Electronic Clearing Services, Cheque Drop Boxes, or your net banking or phone banking account.