Prefr: Personal Loan App India

Need funds fast? Prefr is the personal loan app built for you. Trusted by over 3 crore Indians, Prefr is a simple, secure, 100% digital way to get an instant personal loan, disbursed straight to your bank account. Whether you're salaried or self-employed, get a quick loan anytime, anywhere, backed by RBI-registered lending partners. As one of India's most trusted loan apps, Prefr keeps your loan application fast, paperless, and transparent. 1. Personal Loan, Made Instant Apply for a personal loan online from your phone, no branch visits. Prefr is built to be the fastest instant loan app for everyday needs. Personal loan up to ₹5,00,000 100% digital loan application & KYC Fast approval with minimal documentation Your personal loan disbursed directly to your bank account Rate & APR set by your lending partner (see example) Backed by RBI-registered lending partners 2. Check Your Credit Score, Free Know where you stand before you apply for a personal loan: Check your credit score online anytime Monitor your credit profile with an easy credit app Get timely updates before you apply Why Choose the Prefr Loan App A personal loan app with a fast, paperless journey Simple loan application process from start to approval Secure & transparent, no hidden surprises Among the few loan apps offering direct-to-bank disbursal Responsible lending via RBI-registered partners A Personal Loan for Every Need Medical emergencies & healthcare Higher education & skill development Two-wheeler purchase Home improvement & renovation Weddings & life events Shopping and travel with an instant cash loan How to Loan Apply in Minutes? Download the Prefr loan app & register with your mobile number Complete a digital loan application with KYC Choose your personal loan amount Get approved by a lending partner Receive your online loan in your bank account Transparent Loan Information: Loan Amount: ₹51,000 to ₹5,00,000 Tenure: 6 to 60 months Interest Rate: 18% – 30% per annum Annualised Percentage Rate (APR): 20.7% – 45% Processing Fee: 3% – 5% Loan Repayment 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% For representation only; final rate & APR depend on the lending partner's assessment. Our RBI-Registered Lending Partners: Aditya Birla Capital Ltd, Poonawalla Fincorp Ltd, SMFG India Credit Company Ltd, MAS Financial Services Ltd, Si Creva Capital Services Pvt Ltd, and Respo Financial Capital Pvt Ltd. Contact & Support: https://prefr.com/ | [email protected] | 040-6988 1555 Grievance Officer: Sumit Sharma, [email protected] | 040-6988 2777 Download the Prefr instant personal loan app and borrow with confidence. Whether you want a personal loan, an instant loan online, or are simply looking for a simple loan apply experience, Prefr is among the best loan apps for fast loan disbursement.