Prefr Personal Loan
- Loan amountUp to ₹5 lakh
- TypePersonal
- Min salary₹25,000/mo
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
At a Glance
- Loan amount
- Up to ₹5 lakh
- Type
- Personal
- Min salary
- ₹25,000 a month
- Age
- 22 to 55 years
- CIBIL score
- 725+
- Collateral
- Not required
What you get
- Enjoy seamless 24/7 access to your funds, giving you the freedom to manage your money anytime, anywhere
- Experience a seamless, complete digital process - fast, easy, and hassle-free
- Avail loan amount of upto Rs 3,00,000 with quick approval and minimal documentation
- Customized financial solutions designed specifically to meet the unique needs of both salaried professionals and self-employed individuals, ensuring flexibility, convenience, and support at every stag
Fees and charges
- Prefr does not publish a rate or fee range: the lending partner sets them, and they are shown in its Key Fact Statement before you accept.
Who can apply
- Age
- 22 to 55 years
- Income
- ₹25,000/monthly
- Credit Score
- 725+
- Occupations Allowed
- Salaried, Self Employed Business & Self Employed
- Occupations not allowed
- House Person, Retired & students
- New to Credit
- Not Allowed
Documents you will need
- PAN, and bank statements and salary slips for the last 3 months (or 3 months of banking shared through an Account Aggregator).
How to apply
- Apply online, check your offer, complete KYC and get the money in your bank account.
Eligibility
- Minimum monthly income
- ₹25,000
Eligibility
- Min monthly salary
- ₹25,000
- Min age
- 22 years
- Max age at maturity
- 55 years
- Employment
- Both
- Min credit score
- 725+
Common Questions
What is the eligibility for the Prefr Personal Loan?
The bank looks for age: 22 to 55 years; income: ₹25,000/monthly; credit score: 725+; occupations allowed: salaried, Self Employed Business & Self Employed; occupations not allowed: house Person, Retired & students; new to credit: not Allowed. Meeting these does not guarantee approval, since the final decision is the bank's.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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Guides in Plain Words
Short reads that explain how it works before you decide.
Personal LoansPersonal Loan True Cost: Flat vs Reducing Rate, Fees and APRTwo personal loans can quote rates that look close and cost very different amounts. Here is how flat and reducing rates differ, what the processing fee adds, and how to read the APR on the Key Fact Statement.Read the guide →
LoansWhat Is a Good CIBIL Score, and How to Raise ItYour CIBIL score runs from 300 to 900, and 750 or more opens most doors. Here is what moves it, what does not, and how to raise it step by step.Read the guide →
