Prefr Two Wheeler Loan EMI Calculator 2025 - Bike & Scooter Loan | Thiyagi.com

Prefr Two Wheeler Loan Calculator

Calculate your Prefr bike & scooter loan EMI with current 2025 rates (14.25% - 27.25%)

Fintech Company

Loan Details

₹30,000 ₹5,00,000
14.25% 27.25%
6 months 84 months (7 years)
3 years
Monthly EMI
₹4,950
Equated Monthly Installment
Total Interest
₹28,200
Interest over loan tenure
Total Amount
₹1,78,200
Principal + Interest

Loan Breakdown

Payment Schedule

Prefr Two Wheeler Loan Details

Key Features

  • Personal loan platform
  • Quick approvals
  • Digital lending
  • Mobile app based

Eligibility Criteria

  • Age: 21-55 years
  • Minimum income: ₹18,000 per month
  • Employment: 1 year minimum
  • Good credit score

Documents Required

Income proof
Employment records
Bank statements
Vehicle proforma

Amortization Schedule (First 12 Months)

Month EMI Principal Interest Balance

Prefr Two Wheeler Loan - Complete Guide 2025

Interest Rate Range

14.25% - 27.25%
Per Annum (Reducing Balance)

About Prefr Two Wheeler Loans

Prefr offers competitive two-wheeler loans for bikes and scooters with interest rates starting from 14.25%. As a fintech company, Prefr provides reliable financing solutions with flexible repayment options.

Why Choose Prefr?

With a track record in fintech company services, Prefr offers streamlined loan processing, competitive rates, and customer-centric policies that make vehicle financing accessible and affordable.

Frequently Asked Questions

What is the current interest rate for Prefr two-wheeler loans?

Prefr offers two-wheeler loans at interest rates ranging from 14.25% to 27.25% per annum, depending on your credit profile and loan amount.

How can I apply for a Prefr two-wheeler loan?

You can apply for a Prefr two-wheeler loan online through their official website, visit the nearest branch, or contact their customer service team for assistance with the application process.

What is the maximum loan amount and tenure available?

Loan amounts typically range up to ₹5 lakhs depending on the vehicle and your eligibility. Tenure options generally extend up to 7 years (84 months) with flexible EMI options.

Is there any processing fee for Prefr two-wheeler loans?

Processing fees vary but are typically 0.5% to 2% of the loan amount. Some promotional offers may waive processing fees. Please check current terms and conditions with Prefr.