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P
Prefr
Partner SiteFintech Lender
📋 RBI Reg. NBFCPrefr uses alternative scoring signals to underwrite borrowers with limited traditional credit history.
16%–30%
Interest Rate
per annum
₹5.0L
Max Loan
available
24 hours
Disbursal
after approval
Up to 4%
Processing Fee
of loan amt
67% approval rate · Meena from Pune applied 4 min ago
4.2 (2,847 reviews)
Prefr
16% p.a.·EMI ₹26,187/mo
No CIBIL impact · Takes 2 min
Key Features
Alternative credit scoring
Minimal documentation
Flexible short tenure
App-based tracking
Eligibility Criteria
Age 21–45 years
Min income ₹12,000/month
CIBIL score 600+
Any employment type
CIBIL Impact Estimator
Inquiry type:1 Potential Hard Inquiry (via redirect)
Applying with Prefr will trigger a credit pull. Your CIBIL score may dip by 3–7 points temporarily.
Estimated score after inquiry
~750 (current)~743–747 (after inquiry)
✅ Scores typically recover in 3–6 months after first EMI is paid. Multiple applications in 30 days may have cumulative impact.
Protect Your Loan
OptionalLoan Shield covers ₹6.0L in case of job loss, disability, or critical illness. Your family stays protected.
Job loss cover for 6 EMIsCritical illness protectionDisability waiverNo medical check-up
P
Prefr
Fintech Lender
16%
from p.a.
Your Monthly EMI
₹26,187
for ₹5.0L over 24 months
₹1,28,480
Total Interest
Up to 4%
Processing Fee
24 hours
Disbursal
67%
Approval Rate
🔥Meena from Pune applied 4 min ago
Proceed to Prefr No impact on your CIBIL score
256-bit SSL · Data never shared
RBI registered lender
EMI Breakdown
Loan Amount₹5.0L
Tenure24 months
Interest Rate (avg)23.0% p.a.
Principal
₹5,00,000Total Interest
₹1,28,480Total Payable₹6,28,480