What is a Flexi Loan Statement?
A Flexi Loan statement is a detailed record of all transactions related to your Flexi Loan account. Unlike a traditional loan where you receive a fixed amount with set EMIs, a Flexi Loan allows you to borrow funds from a pre-approved limit as per your requirement and repay them at your convenience. The statement provides a transparent view of your withdrawals, repayments, outstanding balance, applicable interest, and more—helping you manage your loan efficiently.
Issued periodically, typically monthly, the Flexi Loan statement helps track your borrowing behaviour, EMIs paid, interest charged on utilised amounts, and any prepayments made. It also includes critical information such as account number, loan limit, and tenure. By reviewing this document, you can monitor your available limit, interest obligations, and repayment status. The statement ensures you stay informed about your finances and enables you to plan your repayments wisely to minimise interest and maintain financial discipline.
Key Components of Your Flexi Loan Statement
Component |
Description |
Account Details |
Includes loan account number, sanctioned limit, and tenure. |
Statement Period |
Reflects the period for which the statement is generated. |
Opening Balance |
Outstanding loan balance at the start of the statement period. |
Withdrawals |
Lists all amounts withdrawn during the statement period. |
Repayments Made |
Shows EMIs or partial payments made towards the loan. |
Interest Charged |
Details the interest charged on the utilised loan amount. |
Available Limit |
Displays the remaining amount you can withdraw from your loan limit. |
Closing Balance |
Indicates the loan balance at the end of the statement period. |
Charges & Fees (if any) |
Any applicable charges, such as processing or bounce charges. |
Total Outstanding |
The sum of principal and interest yet to be repaid as of statement generation. |
Why regularly checking your flexi loan statement is important?
- Tracks Usage: Helps monitor how much of the loan limit has been utilised and how much remains.
- Manages Repayments: Ensures you keep track of EMIs or partial payments to avoid defaults.
- Monitors Interest Charges: Lets you review the interest being charged and plan prepayments to reduce it.
- Detects Errors Early: Identifies any unauthorised transactions, duplicate charges, or technical issues.
- Improves Financial Planning: Assists in budgeting and ensures your loan fits into your overall financial plan.
- Avoids Penalties: Keeps you informed about due dates and charges, preventing late payment fees or penalties.
- Maintains Credit Health: Timely repayments reflected in the statement contribute to a good credit score.
View your Flexi Loan statement
Your statement of account is a very important document as it helps you track your loan repayment status. Your loan statement is a detailed transaction history that includes total instalments paid, principal outstanding, a part-payment summary, or missed instalments if any.
It’s necessary to check your loan statement regularly as it helps you keep a record of every transaction, you make against your loan account. You can also report errors if there are any.
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How to download your flexi loan statement?
You can download and view your statement of account in your service portal.
- Click on the ‘Sign-in’ button on this page to visit our customer portal.
- Enter your registered mobile number and submit the OTP to sign-in.
- Verify your details with your date of birth and proceed.
- Go to 'Service' section.
- Select your loan account number from 'Relations'.
- Click on 'Repayment Schedule' to download it.
You can also find your statement of account and other loan-related documents by clicking on ‘View your Flexi Loan statement’ below. You’ll be asked to sign-in to the ‘Service’ portal. Once signed-in, you can select your loan account number and click on 'Statement of Account' to download it.
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You can also download your other Flexi Loan-related documents such as repayment schedule and loan agreement by visiting our service portal
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Check your Flexi Loan account
Sign-in to our service portal in two simple steps and track your loan details easily.
Frequently asked questions
Please follow these simple steps to get your Bajaj Finserv Personal Flexi Loan repayment schedule:
1) Log-in to Bajaj Finserv app or website.
2) Enter your registered mobile number and submit the OTP to sign-in.
3) Verify your details with your date of birth and proceed.
4) Go to 'Service' section.
5) Select your loan account number from 'Relations'.
6) Click on 'Repayment Schedule' to download it.
Please follow these simple steps to get your Bajaj Finserv Personal Flexi Loan agreement:
1) Log-in to Bajaj Finserv app or website.
2) Enter your registered mobile number and submit the OTP to sign-in.
3) Verify your details with your date of birth and proceed.
4) Go to 'Service' section.
5) Select your loan account number from 'Relations'.
6) Click on 'Loan Agreement' to download it.
This may be due to any of the two reasons given below:
- You may have withdrawn money from the available limit.
- You may have opted for a flexi loan, where the principal component of the EMI gets reduced month-on-month from your available limit.
For more details, please visit document centre to download and read your loan agreement.
