Prefer : Get Instant Loan App Review 2024
Prefer credit is an app made for the unsung heroes on the back of whom india runs on a daily basis with prefer, we give you instant personal loan up to 3,00,000 directly in your bank account so that you can progress and grow in life not just personally but also professionally without any barrier or hesitation.
At prefer all the loans are financed by our lending partners – hero Fincorp LTD, NDX P2P private limited and Aditya Birla finance limited
We provide you with a range of products meeting your personal and professional needs like :
Term Loans For Self – Employed : flexible tenure loans that will help you grow your business
Personal Loan For Salaried : comfort loans for your medical, home upgrade, wedding expenses ranging from 6 to 18 months with easy EMIs
With prefer getting a loan is as simple as it gets without any hassle and friction get your loan approved in just 3 easy steps :
Check you loan offer : as per your need, choose a loan plan especially curated for you
Verify Documents : tell us about who you are and what you do with the supporting documents
Easy Repayment Facility : setup on auto debit on your bank account for your EMI payments and we will take care of the rest
Highlights
- Finance amount : min. 25000, max. 3,00,000
- Tenure : 6 to 36 months
- Interest rate : between 18% to 36% per annum
- Processing fee : 3% to 5%
Let’s say
For 1,00,000 / borrowed at interest rate of 24% per annum for 12 months you would pay :
- Processing fee : 2000
- Interest : 24,000
- Total amount repaid after a year : 1,26,000
To know more, visit or website or mail us at wecare@prefer.com or follow us on Instagram .