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Prefr Loans logo - A key unlocking financial opportunities. Illustration of diverse individuals, representing salaried and self-employed segments. Loan amount ranging from 25K to 300K with flexible tenure. Competitive interest rates, transparent 4.00% processing fee. Net Take-Home specifics for metro, tier-1, tier-2 cities. Age criteria: 22 to 55 years. CIBIL score requirement: 675+. Experience a 100% digital process for seamless financial empowerment with Prefr.
19-02-2024

Unlock Financial Opportunities with Prefr Loans – A Comprehensive Guide

Unlocking Financial Opportunities: A Deep Dive into Prefr Loans

In the ever-evolving realm of financial services, Prefr stands tall as a reliable and accessible provider of credit solutions. Let’s embark on a comprehensive journey to explore the various facets of Prefr loans, understanding why this NBFC (Non-Banking Financial Company) is not just a lender but a financial ally.

Prefr Loans: A Beacon of Financial Reliability

Target Audience: Salaried and Self-Employed Professionals

Prefr distinguishes itself by catering to a diverse audience, offering tailored financial solutions for both salaried professionals and self-employed entrepreneurs.

Loan Amount Flexibility: Empowering Your Financial Goals

With loan amounts ranging from a modest  ₹25,000 to a substantial  ₹300,000, Prefr ensures that individuals have the flexibility to meet their financial needs, whether it’s a small infusion of capital or a larger financial venture.

Repayment Tenure: Your Financial Journey, Your Way

Recognizing the importance of flexibility, Prefr allows borrowers to choose their repayment tenure, spanning from a concise 6 months to a more extended 48 months. This flexibility empowers borrowers to align their repayments with their unique financial circumstances.

Competitive Interest Rates: Making Finance Affordable

Prefr takes pride in offering competitive interest rates, ranging from 15% to 36%. This commitment ensures that borrowers not only receive financial assistance but also benefit from rates that make their financial journey more affordable.

Transparent Processing Fee: Understanding the Costs

Transparency is a cornerstone of Prefr’s approach. The processing fee is a fixed 4.00%, providing borrowers with a clear understanding of the associated costs right from the beginning.

Net Take-Home (NTH): Tailored to Your Location and Employment Type

  • Salaried Individuals:
    • Metro and Tier-1 Cities:  ₹18,000/-
    • Tier-2 Cities:  ₹15,000/-
  • Self-Employed Individuals:
    •  ₹20,000/-

Age Criteria: Welcoming a Broad Spectrum

Prefr extends its financial services to individuals aged 22 to 55, ensuring that a wide range of borrowers can benefit from their diverse product offerings.

CIBIL Score Requirement: Fostering Responsible Borrowing

Maintaining a healthy credit score is paramount, and Prefr sets the bar at a CIBIL score of 675 or higher, promoting responsible lending practices.

A seamless, 100% Digital Process

In an era of digital transformation, Prefr shines with its fully digitalized loan application and approval process. From application to disbursal, experience a hassle-free journey, all from the comfort of your device.

To Apply for Prefr Loan, Click Here

In Conclusion: Prefr Paving the Way to Financial Empowerment

Prefr’s customer-centric approach and commitment to financial inclusion open doors to a world of opportunities. Whether you’re a salaried professional or a self-employed individual, Prefr’s diverse product offerings are crafted to meet your unique financial needs. Choose Prefr and embark on a journey where your financial goals become a tangible reality.

With a firm commitment to providing more information, this extended guide aims to equip you with a comprehensive understanding of Prefr loans, ensuring you make informed financial decisions on your journey to financial empowerment.

Check CIBIL Score Now

CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the credit history found in the CIBIL Report (also known as CIR i.e Credit Information Report).
A CIR is an individual’s credit payment history across loan types and credit institutions over a period of time

CHECK CIBIL SCORE

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