Bajaj Finance offers business loans in three unique variants – Term Loan, Flexi Term Loan, and Flexi Hybrid Loan. Unlike regular Term Loans, our Flexi Loan variants come with extra features and services. If you choose either of these Flexi variants, a loan limit is assigned to you. You can use this limit to withdraw funds as and when you need. However, with our Flexi Loan variants, you need to pay interest only on the amount you’ve withdrawn and not the entire loan limit. Flexi variants also allow you to make part-prepayment as and when you can without any additional cost.
With our Flexi Hybrid variant, you also get an additional facility of paying interest-only EMIs for the initial tenure.
If you have a Bajaj Finserv Flexi Business Loan, you can use these services anytime on our customer portal – My Account. You can use our digital customer services to withdraw funds or part-prepay your Flexi Business Loan.
How to withdraw funds from your ongoing Flexi Business Loan account?
Follow these simple steps to withdraw funds from your available loan limit.
- Click on the ‘Sign-in’ button on this page to go to My Account – Bajaj Finance customer portal
- Enter your registered mobile number and the OTP to sign-in
- Verify your details by entering your date of birth and proceed
- Select your Flexi Business Loan from the ‘My Relations’ section
- Click on the ‘Drawdown’ option within ‘Quick Actions’
- Enter the amount from the available limit and proceed
- Verify your details with the OTP received on your registered mobile number
How to part-prepay your ongoing Flexi Business Loan account?
You can follow these simple steps to part-prepay your loan anytime without paying any additional charges.
- Go to My Account – Bajaj Finance customer portal by clicking on the ‘Sign-in’ button on this page
- Enter your registered mobile number and the OTP to sign-in
- Verify your details with your date of birth and proceed
- Choose your Flexi Business Loan account from the ‘My Relations’ section
- Click on the ‘Make Payment’ option within the ‘Quick Actions’ section
- Select ‘Part-prepayment’ from the list of payment options
- Enter the amount and other required details and proceed
- Complete the payment using our secured payment gateway
You can also use our online customer services to download your Flexi Loan statement or update your bank account details easily.
You can also use the Bajaj Finserv app and explore these Flexi Loan services on the go. Our app also offers additional Flexi Loan services to our business loan customers. If you have an ongoing Flexi Business Loan, you can also increase your loan limit if you have an offer. You also get an option to switch your loan variant - Flexi Hybrid and Flexi Term.
Visit Play Store/ App Store now to download our app and start using our Flexi Business Loan services.
