How you can benefit from Flexi Personal Loans
  • SUBSCRIBE
  • WHAT TOPICS ARE YOU INTERESTED IN?

    Step 1 of 3

    NEXT Skip

    HOW OFTEN WOULD YOU LIKE UPDATES ?

    Step 2 of 3

    EMAIL ID

    Step 3 of 3

Get The Latest Updates

SUBSCRIBE

How you can benefit from Flexi Personal Loans

  • Highlights

  • Flexibly manage your loan with Flexi Personal Loans

  • Borrow as and when you need by applying only once

  • Pay interest only on the used amount

  • Prepay at your convenience, at no extra cost

A personal loan can be used to manage your wedding expenses, fund your travel plans, pay for marriage and home renovation costs and be of use in a medical emergency.

Despite attaching a little high rate of interest, personal loans are still a much sought-after financing solution. Bajaj Finserv Flexi Personal Loans are the smart way of taking a personal loan.Read on to know what makes these loans unique.

What is a flexi personal loan?

A new-age loan, a flexi personal loan gives you the flexibility to use funds as and when required. You are sanctioned a loan limit and can borrow from this limit as many times as you want, without the need for making multiple applications.

What are the benefits of flexi-personal loans?

- Borrow funds on the go
Flexi-personal loans help you take care of any unforeseen or unplanned expenses as here you can withdraw on your loan limit as and when you need. Moreover, with interest charged only on the withdrawn amount, you don’t pay interest on funds that are not used.

- Lower EMI
This is another upside to flexi-personal loans. Since it isn’t necessary for you to withdraw the entire amount that has been sanctioned by the lender, you can save on interest costs. This also translates to lower EMI payouts per month, something that makes your monthly cash flows look up. Also, some variants of flexi personal loan allow paying only the interest component of the EMI, thereby further bringing down the EMI amount.

-Repayment made easy with part pre-payments
Not only does a flexi personal loan allow you to withdraw as much as you need from within the approved limit, it also facilitates part pre-payments towards the loan, whenever you feel ready to pay back a lump sum. Also, there are no charges on part pre-payments.

- Instant and hassle-free financing
A flexi-personal loan offers you an instant loan approval and money in bank in 24 hours without lengthy paperwork and documentation. Also, you can make multiple withdrawals without having to apply for a loan each time.

Bajaj Finserv also brings pre-approved offers on personal loans which further simplifies the process of finance as here your loan amount is already approved and you can avail funds with just 1-step verification. Know about your pre-approved offer by sharing a few basic details.

- Interest-only EMIs
A flexi-personal loan facility gives you the option to pay interest only EMIs, where your monthly payments only consist of the interest component with the principal repay able at the end of the tenor.

Personal Loan Instant Approval

Please enter your first and last name
Please enter 10 digit mobile number
Please enter valid Office Email ID
Please select your employer name from list

How would you rate this article

 Please let us know why?

What did you dislike?

What did you dislike?

What did you like?

What did you like?

What did you like?

Next up

PRODUCT GUIDANCE

What affects your personal loan approval