Step by step process

✔️ Suggest ‘Prefr Personal Loan’ to everyone in your network (Friends/customers)

✔️ Click on the “share to customer” option and share the link with interested customers

✔️ Ask your customer to click on the link shared by you and submit the required details like Name, mobile number, email ID, and city Pincode, then click on ‘Start Journey’

✔️ Now the customer will be redirected to the official website to register and apply for the loan.

✔️ Click on ‘Get Started’ from the screen. Then enter your mobile number and verify it with the OTP.

✔️ In the next step, mention employment type, organization type and net monthly income.

✔️ Now submit the personal details, like name, DOB, Email ID, PAN number, required loan amount and purpose of the loan.

✔️ Submit current and permanent address details. After that provide company and work details. Mark in the checkbox and give permission to verify Bureau data.

✔️ Now enter the OTP and click on ‘Verify’ then the details will be verified by the system.

✔️ In the next step your eligible loan amount will be displayed on the screen, enter the required loan amount, select the tenure and click on ‘Confirm & proceed’

✔️ Now the customer has to submit a selfie and KYC documents, and click on ‘Proceed’.

✔️ Click a selfie and upload it. If your mobile number is linked with an Aadhaar card then select yes, mark in the checkbox below, and click on ‘Proceed’

✔️ Now enter your Aadhaar number, re-enter to confirm it, and enter the security code, now select the option to get the OTP on your mobile number.

✔️ Enter the received OTP, create a share code, and click on ‘Proceed’

✔️ Review the details displayed on the screen and click on ‘Finish’

✔️ Now the customer needs to set up auto repayment, click on ‘Proceed’ and enter the bank account details. After that select, any one option ‘Net Banking’ or ‘debit Card’ to set up the mandate.

✔️ Now the next step, customers can see the loan agreement on the screen, mark in the check box to accept the T&C, and click on ‘I Agree’

✔️ Now the customer’s documents will be verified by the team, once it is done the applicant’s loan amount will be disbursed into their bank account.

Rules to Follow

✔️ Available for only new users (User should not have any existing relationship with Prefr)

✔️ Your customer has to get the Prefr personal loan by using your tracking link

✔️ Make sure that the same mobile number shall be captured in Banksathi lead and the account opening form for the partner product

✔️ Customer mobile number should be linked with Aadhaar card.

✔️ Customer must complete the application on their device. if more than one customer use the same device to apply, then no commission will be paid.

✔️ Do not misuse/promote your referral link by creating a video on YouTube or Instagram.

• Q1. Why ‘Prefr Personal Loan’?

  Prefr Credit is specially designed for salaried and self-employed people and It gives instant personal loans of up to 3,00,000 directly to your bank account.

  Q2. To whom I should refer Prefr Personal loan?

  This loan is eligible for salaried and self-employed customers whose age is between 22-55 YO and their monthly income is respectively 18K and 20K.

  Q3. Will I receive a payout if the customer already has a relationship with Prefr?

  No, you will not be eligible to get the payout if the applicant has any existing relationship with Prefr.

  Q4. How long does the application process take?

  The application process is very easy and should not take more than 15-30 minutes of your time.

  Q5. How long does Prefr take to disburse its personal loans?

  Prefr takes up to 48 hours to approve/reject a personal loan application and additional 2 working days to disburse the loan amount.