Preferred Criteria
✔️ CIBIL Score: 720+
✔️ Stable Income Source
✔️ Clean Repayment History
✔️ Active Bank Account with Regular Transactions
Eligibility Criteria
✔️ Employment: Available for Salaried & Self-Employed individuals
✔️ Minimum Monthly Income:
• Salaried: ₹25,000
• Self-Employed: ₹25,000✔️ Age: 23 – 56 years
✔️ Credit Score: 725+ preferred
✔️ Availability: Loan service available in select / limited locations only.
Loan Application Process – Prefr
1️⃣ Click the shared application link and open the personalized application page.
2️⃣ Enter the required personal details to begin the application.
3️⃣ You will be redirected to the official Prefr website and click “Apply Now.”
4️⃣ Login with your mobile number.
5️⃣ Provide basic details as per PAN and Aadhaar Card.
• Salaried applicants must enter net monthly salary credited in the bank account.
• Self-employed applicants must enter their monthly profit/income.6️⃣ Enter PAN number, Pincode, and Email ID, then click “Get Offer.”
7️⃣ An OTP will be sent for credit history verification. Complete this step to continue the process.
8️⃣ The system will show the eligible loan amount, interest rate, and processing fee.
Select the loan amount and repayment tenure.9️⃣ Click “Confirm and Proceed.”
🔟 Provide additional information and complete KYC using DigiLocker or Driving License.
1️⃣1️⃣ Enter bank account details and set up auto-payment. Accept the loan agreement.
1️⃣2️⃣ Once the process is completed and approved, the loan amount will be disbursed to your bank account.
If you want, I can also convert this into a visual step-by-step webinar slide flow (with icons + graphics) so you can screen-share it easily to customers during a Zoom webinar.
Terms & Conditions
• Loan is available for Salaried and Self-Employed individuals.
• Minimum Monthly Income: ₹25,000 or above.
• Age Requirement: 23 – 56 years.
• Credit Score: Preferably 725+.
• Loan services are available in select / limited locations only.
• Loan approval, amount, and interest rate are subject to the lender’s eligibility criteria and verification process.