Yes. Prest Loans is the digital brand name of Lord Krishna Financial Services Ltd, a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) under Certificate of Registration No. B-14.02019. Incorporated and operating with high distinction since 1992, we strictly adhere to all statutory RBI Master Directions, Fair Practices Codes, and digital lending benchmarks.
Our application workflow is 100% digital and paperless. Applicants primarily require:
• Applicant KYC Identification (PAN Card & Aadhaar Card)
• Last 6 to 12 months bank statements
• Income proof / salary slips (for salaried) or income continuity proof (for self-employed)
• Proof of residence / address.
Yes, absolutely! Our Personal Loans, Education / Coaching Loans, and Short Term Loans are 100% collateral-free. You do not need to mortgage property or pledge gold assets. Credit decisions are evaluated through algorithmic cash-flow analysis and verified bank statements.
Prest Loans operates an entirely paperless, end-to-end digital lending pipeline. Following rapid digital KYC verification and bank statement scrutiny, approved funds are credited directly to your registered bank account via NEFT/RTGS within 24 to 48 business hours.
Prior to disbursement, an automated National Payments Corporation of India (NPCI) verified e-NACH / e-Mandate is activated, allowing your monthly installment to be deducted seamlessly on scheduled due dates. Borrowers can also execute advance payments or prepayments anytime via UPI, Debit Card, or Net Banking on our borrower portal.
In complete compliance with Reserve Bank of India (RBI) regulatory directives, floating-rate individual term loans carry Zero Prepayment and Zero Foreclosure penalties. Borrowers retain complete freedom to close their loan early without extra cost.
You can contact our corporate customer care desk at 011-45241131, message our official WhatsApp support channel at +91-9711669090, or email us at info@prestloans.com. For unresolved grievances, you may escalate directly to our RBI-mandated Principal Nodal Officer at nodalofficer@prestloans.com.
Our dedicated financial advisors and credit specialists are readily available to assist you with tailored loan planning and paperless onboarding.
RBI Compliance