With the advancement in financial services, it has become easy and convenient to avail an easy personal loan using Aadhaar card to meet your unexpected financial needs. While applying for a personal loan, the Aadhaar card also records your demographic and biometric information, which makes it a very important document.If you are wondering whether you are eligible to apply for a personal loan online using your Aadhaar card, you should know that many lending institutions accept personal loans against Aadhaar card and other minimum documents. The today loan app that provide personal loan with aadhar card is Prefr personal loan app. Lets talk about it:-
Prefr Loan App | Prefr loan apply online | Prefr loan google pay
Friends, if you need a personal loan and you want to apply for a loan sitting at home, then today we are going to tell you about one such mobile application, with the help of which you can apply for a personal loan sitting at home online with the help of your mobile or laptop. You can apply for the loan, friends, the name of that application is Prefr App.
In this article, we are going to tell you what is Prefr App, how to take loan from Prefr App, documents required to take loan on Prefr App, eligibility to take loan on Prefr App, how much loan is available on Prefr App, on Prefr App Interest rate, processing fee on Prefr App, how long the loan is available on Prefr App.
What is Prefr App?
Prefr App is a personal loan providing mobile application with the help of which you can apply for instant personal loan online from the comfort of your home. The special thing about Prefr App is that here your loan gets approved in a minute.
Prefr App was launched on Play Store on 18 February 2020, which is developed by Infocredit Services Pvt. Ltd. At present, Prefr App has more than 1 lakh users, and the rating of Prefr App on Play Store is 4.1 stars, which has been rated by more than 3 thousand people.
How to take loan from Prefr App? (Prefr Personal Loan Apply Online)
First of all, you have to download Prefr App from Play Store, after that you have to follow some easy steps-
Step 1- First of all you have to fill your email id and phone number and click on the option of Agree & Continue.
Step 2- After this OTP will come on your registered mobile number, fill it.
Step 3- Now you have to accept some Permissions and click on the option of I Agree.
Step 4- Now you will reach the home screen of Prefr App, here you have to click on the loan option.
Step 5- After this, to know your eligibility, you have to fill your date of birth, monthly income, and pin code of your current address and click on Check My Eligibility.
Step 6- After this, you have to click on the option of Proceed by clicking on the source of your monthly income.
Step 7- After this, in which department you work and what is your monthly income, fill these details and click on Proceed option.
Step 8- After this you have to fill your personal details and details of necessary documents.
Step 9- After filling the details of the required documents, you get the loan according to your monthly income and transactions in your bank account. The loan amount comes to your bank account within 02 hours.
In this way, you can apply for loan from Prefr App by following these steps.
Eligibility to avail loan on Prefr App
To take a loan on Prefr App, the following qualifications have to be met-
The applicant should be Indian.
Minimum age required is at least 18 years.
The applicant should have a fixed source of monthly income.
Documents required for taking loan on Prefr App
You need the following documents to take a loan on Prefr App –
Aadhar card
Pan card
Bank account number and bank statement
Salary slip
How much loan is available on Prefr App
You get loans ranging from 10 thousand to 3 lakhs on Prefr App. The amount available depends on eligibility and Cibil score of the applicant.
How long is the loan available on Prefr App?
On Prefr App you get loan from 6 months to 36 months. You have to repay the loan amount within this time limit.
Interest rate on Prefr App
Interest rate ranging from 18% to 36% per annum has to be paid on the loan amount on Prefr App. The interest rate depends on your credit score.
Processing Fee on Prefr App
3% to 5% of the loan amount is charged on Prefr App. The processing fee is determined as per your profile.
FAQs: Commonly asked questions about Prefr App
How much loan is available on Prefr App?
You get loans ranging from 10 thousand to 3 lakhs on Prefr App.
For how long is the loan available on Prefr App?
Loan on Prefr App is available from 6 months to 36 months.
How long does it take to get the loan approved on Prefr App?
The loan gets approved within a minute of giving the required documents on the Prefr App.
In what time does the loan amount get disbursed on Prefr App?
The loan amount on Prefr App comes to your bank account within 02 hours.
