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Why frequent flyers should pick a Flexi interest-only loan?

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Why frequent flyers should pick a Flexi interest-only loan?

  • Highlights

  • Get cash when you need it with a Flexi Loan facility

  • Pay interest only the what you withdraw

  • Pay interest-only EMIs to manage cash flow better

  • Pre-pay the borrowed sum conveniently at no extra cost

Extensive travelling involves taking care of a lot of expenses, ranging from flight and hotel bookings to paying for the local travel and food. Added to this, you’ll also be paying for additional services like laundry and Wi-Fi coupled with urgent flight changes in case of re-routing and cancellations. To fund all these needs, you need access to funds on the go. That’s where Bajaj Finserv’s Flexi Loan facility gives you an unbeatable advantage. It helps you manage your cash needs quickly and effectively, while ensuring that repayment is more affordable.

Here’s how a Flexi Loan is the perfect pick for frequent flyers.

Eliminate the need for exact travel calculations with a Flexi Loan

When you’re a frequent traveller, estimating exactly how much money you need is next to impossible. With spontaneous or last-minute modifications in your schedule, you need a loan facility that is as flexible as your plans. A Flexi loan facility is thus suited to your needs. It sanctions you an amount for a particular tenor and gives you the freedom to withdraw as much you need,whenever you need it within the loan’s tenor. You only pay interest on the sum you withdraw,while the rest remains accessible to you interest-free.

So, when you can get an upgrade at a hotel of your choice with a little more money, you can do it without thinking twice!

Access funds quickly with easy eligibility norms

When you’re always on the move, you want a financing solution that’s simple and fast. With loan amounts up to Rs.25 lakh for a Personal Loan and Rs.30 lakh for a Business Loan, you can get access to all the money you need for travel with a Flexi Loan. Moreover, you will find it easy to qualify for this loan with simple eligibility criteria and approval of your loan application in 5 minutes! You can apply in the same amount of time online to save yourself the effort of visiting a lender’s branch office.


Withdraw funds any time you need them

Say you’re a professional travelling to Dubai for a seminar, when you get to know that a client needs you in Singapore. You can be the jet-setter you are with a quick flight booking at the last minute by accessing funds from your Flexi Loan sanction. Without wasting time arranging for finances or waiting for refunds, you can take care of business.

Flexi Loan Explained

Repay only the interest to keep your cash flow strong

You can choose to repay just the interest portion of your EMIs and pay off the principal at the end of the tenor when you choose the Flexi loan option. This way, your monthly EMIs are low and you have more cash on hand for your extensive travel needs.

Additional Read: Flexi Personal Loan or a term loan: What do I choose if I want to travel?

Make part prepayments and re-avail prepaid funds for maximum flexibility

When you have excess income, you can make prepayments to your Flexi Loan at no charge, and cut down on interest costs. If you have a last-minute change in your travel itinerary, you can simply re-avail the prepaid amount. This way you get maximum flexibility to tackle every travel emergency.

Find the convenience and affordability you’re looking for with a Flexi Loan from Bajaj Finserv.

DISCLAIMER: The personal loan features mentioned in this article are subject to change, based on policy revisions. For the updated product details, please visit the Bajaj Finserv Personal Loan page here.

 

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