I hereby consent to Prefinn being appointed as an authorized representative to receive my credit information from Experian for the purpose of offering loan offers.
Experian T&C ↗
A digital application is a 100% paperless process
allowing you to apply the loan on lender's portal directly and get the approval
online without uploading physical documents.
Under Phygital mode the Customer/Applicant will be
contacted by Prefinn Team to discuss the requirements and then his Loan will be
processed through Appropriate Lenders basis his Choice & Eligibility.
This refers to your primary bank account where you
receive your salary or business income.
Loan Processing/Disbursement TAT depends upon Loan
Product, Customers and Lenders proactiveness.
• For Personal Laon & Business Loan; the Loan Processing TAT is 24hrs to 72
working hours.
• For Home Loan/LAP & Working Capital Loans the Loan Processing TAT is 10
Days to 20 Working Days, once complete documents are submitted by
Customer/Applicant on Prefinn Portal.
No!! Loan Sanction and final Disbursement depend upon
Customer Documents like: Income Proofs, KYC, CIBIL and finally Bank/NBFCs
Policies. Once Loan Process is started, Lenders will verify Application as per
their Process and then only sanction it. Once Loan is sanctioned, disbursement
process is started by Bank and loan status will be updated on Prefinn Portal.
