Personal Loan

Refer for a personal-loan

Personal Loan With Gorefr

Unexpected expenditure can stand at your doorstep anytime without warning. But you need not worry, we at GoRefr, understand your money requirements and hereby present to you the option of hasstle free, easy options of Personal Loan.

Be Samajdaar - GoRefr Bar Bar

Personal Loan

Refer / Earnings Process

How can you earn using Go Refr?

We at GoRefr help you or your referral to get the best discount possible in the market on your
new car booking at our partner dealerships (Car Showrooms)

Personal Loan Personal Loan

You can redeem money from your Gorefr Wallet once the amount crosses a minimum balance of Rs 2000 to your account (bank details will be provided by you)
You can refer your friends / family to earn the maximum amount. We would also help you with the loan application on this new car and the lowest rate of Interest with various partner banks

GoRefr FAQ?

A personal loan is an unsecured loan, which means you do not need to pledge a collateral (any asset) to receive the funds. Most of the loans which you hear about are primarily secured loans ( which one needs an asset to work as a collateral). Some NBFC offer upto 25 lakhs on personal loans

It can cater to your need of the expenses of a variety of needs including:

  1. Travel
  2. Wedding
  3. Home renovation
  4. Medical emergencies
  5. Higher education

With different banks you can expect approval for application in from 5 minutes to 2 days

The minimum salary required to avail a Personal Loan depends on your city of residence and varies from one financial institution to another. For instance, if you reside in Mumbai, Pune, Bangalore, or Delhi ( I.e., Metros) you must have a monthly salary of Rs.35,000

To avail a personal loan, you only need to meet the basic eligibility criteria.

  • You must be a citizen of India and a resident
  • Aged between 23 - 57 years
  • Employed with an MNC, public or private company

As long as you meet the salary requirements as specified based on your city of residence, you can qualify for a personal loan.

Many financial institution charge a 4-6% foreclosure charge plus applicable taxes on principal outstanding but there are certain customers who have an option of zero foreclosure charges

You will be charged a processing fee up to 4% of the loan amount.

You can borrow up to Rs.25 lakh without pledging any collateral but the capping various for all the Banks / NBFCs. You can repay the loan over flexible tenors ranging from 12 months to 60 months.