Features & Benefits

There are two types of Bajaj Finance Limited Flexi Loan:

  • Flexi Hybrid Loan

    Flexi Hybrid Loan

    It is a monetary loan where during initial tenors, your EMI includes only the interest payment of your utilised loan amount. However, during subsequent tenors, you pay both interest and principal based on the loan amount you utilize. This helps you reduce your cash outflow for the first few years.

  • Flexi Term Loan

    Flexi Term Loan

    It is a monetary loan that is repaid in regular payments over a set period of time. Here, your EMI includes both, principal and interest payments. The interest component will be charged on the utilised amount.

  • Benefits of Flexi Hybrid Loan

    Benefits of Flexi Hybrid Loan

    1. You can borrow money easily from your approved loan limit/ available limit.
    2. Interest is charged only on the loan amount used by you and the entire loan amount.
    3. You have the option to pay only interest as EMIs’ while repaying the principal at the end of the initial tenor or part-prepaying towards the principal whenever you have extra funds
    4. When you prepay the principal amount, funds available in your credit line increase correspondingly.

  • Benefits of Flexi Term Loan

    Benefits of Flexi Term Loan

    1. You can borrow money easily from the loan limit offered to you
    2. Interest is charged only on the loan amount used by you and not the entire loan amount
    3. ’EMIs consist’ of both principal and interest components
    4. You can part-pay the principle sum if you have extra funds.
    5. You can reduce your loan tenor by prepaying a portion of your loan interest-free

  • Borrow when you need

    Borrow when you need

    Withdraw funds as many times as you need from your approved loan limit/ available limit.

  • Day-wise interest

    Day-wise interest

    Pay Interest only on what you utilize by the end of the day. Use the Flexi Interest Calculator for insights.

  • Pre-pay when you can

    Pre-pay when you can

    Deposit funds into your loan account whenever you have surplus money.

  • No extra charges

    No extra charges

    Withdraw funds and prepay them without paying any fee whatsoever.

  • No added applications

    No added applications

    No need Skip having to put in additional paperwork when you withdraw or prepay funds.

  • Online transactions

    Online transactions

    Use our customer portal – Experia to transfer funds from your offered loan limit/ available limit to your registered bank account and make drawdown.

  • Interest-only EMIs

    Interest-only EMIs

    Opt to pay only interest as your EMI for the first part of the tenor and the principal later, to reduce your EMI.

Existing customers of Bajaj Finserv may get exclusive pre-approved offers such as a top-up loan or reduction of rates. Flexi loans are offered with a minimum period of 3 years.

You can borrow as you need and repay when you can. You can borrow from the loan limit several times as long as you do not exhaust the loan limit.

Withdraw funds as many times as you need from your approved loan limit
Deposit funds into your loan account whenever you have surplus money with no extra charges.

Skip having to put in additional paperwork when you withdraw or prepay funds.

Pay interest only on the amount you have utilised.

No additional charges for transaction.

Drawdown/ Withdraw money from your accounts as per requirements at no extra cost within the available limit.

Accessibility through our Experia portal & Bajaj Finserv APP.

Amount in your account in 24hrs post approval.

Loan with minimal documentation and quick disbursal.

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