Prefr: Instant Personal Loan

Prefr – Instant Personal Loans Made Simple

Get access to personal loans up to ₹5,00,000 and check your credit score instantly, all in one secure app. From small wishes to big milestones, Prefr helps you move forward with fast, reliable, and fully digital loans designed to support your goals. Whether it's emergencies or life's next big step, experience borrowing that's simple, transparent, and built for you. With this trusted instant loan app, you can apply online anytime, track your eligibility, and receive funds directly in your bank account through a 100% digital process.

DTPL acts as a Lending Service Provider (LSP) and the Prefr application acts as a Digital Lending App (DLA).

Why Choose Prefr?

Access funds when you need them the most

—> Get personal loans up to ₹5,00,000 directly in your bank account

—> Quick approvals with a seamless digital process

Flexible loans for every need

—> Designed for both salaried and self-employed individuals

—> Use funds for medical emergencies, education, travel, or business needs

—> Choose repayment tenures from 12 to 48 months

Smart tools for better financial decisions

—> Track your credit score with easy-to-understand grades and insights

—> Get personalized tips to improve your credit health

100% digital & paperless

—> Apply anytime, anywhere, no paperwork required

—> Simple, fast, and secure loan application process

Simple & Fast Loan Application

Getting a loan with Prefr is easy and quick:

1 - Choose your loan

Select a loan amount and plan that fits your needs

2 - Complete verification

Check eligibility and submit basic details digitally

3 - Get funds & repay with flexibility

Receive money directly in your bank account and repay with easy EMIs

RBI Approved Lending Partners

Loans are facilitated through our trusted partners:

Aditya Birla Capital Limited, Poonawalla Fincorp Limited, SMFG India Credit Company Limited and Respo Financial Capital Pvt. Ltd.

Eligibility Criteria

—> Age: 22 years to 55 years

—> Annual household income: ₹3,00,000 and above

—> Must be a resident of India

Loan Details

—> Loan Amount: ₹51,000 to ₹5,00,000

—> Repayment Tenure: 12 to 48 months

—> Interest Rate: 18% to 30% per annum

—> APR: 20.7% to 45%

—> Processing Fee: 3% to 5%

Example:

Loan amount - ₹5,00,000

Rate of Interest (per annum) - 18%

Processing fee - ₹15,000

GST on proc. fee - ₹2,700

Actual disbursal amount - ₹4,83,300

Monthly EMI - ₹31,903

Total Amount Repaid in 18 months - ₹7,04,976

Annualised Percentage Rate (APR) - 25.4%

Your Financial Partner

Prefr is designed to make borrowing simple, transparent, and stress-free. Whether it's planned expenses or urgent needs, we're here to support your financial journey, every step of the way.

Download Prefr today and experience hassle-free digital lending.

Do you have complaints/queries?

Contact:

Grievance officer: Sumit Sharma

Write to us at nodal.officer@prefr.com or call at 040-6988 2777