Know your Flexi Loan
Bajaj Finance Limited offers two Flexi variants for some of its loan products - Flexi Term Loan and Flexi Hybrid Loan. These variants give you the flexibility to manage your EMIs based on your financial situation.
When you choose either of our Flexi variants, a loan limit is assigned to you. You can withdraw funds from this pre-assigned limit whenever you need them and pay interest only on the withdrawn amount. You can also part-prepay your loan at no additional cost.
If you choose the Flexi Hybrid Loan, you will also have the additional benefit of paying interest-only EMIs for the initial tenure.
Get the most out of your Flexi Loan
- Withdraw as many times as you need from the available loan limit during the loan tenure.
- Part-prepay your loan as many times as you like without any additional charges.
- Pay interest only on the amount you withdraw from your available limit.
Please note that you have to maintain a minimum balance of Rs. 100 as your outstanding principal amount to keep your Flexi Loan active. Also, the minimum amount you can withdraw from your Flexi Loan account is Rs. 1,000.
Our Flexi Loan variants – Flexi Term and Flexi Hybrid offer you a host of additional features. This includes withdrawing funds from your available loan limit as many times you need and part-prepaying your loan at no additional charges.
However, if you choose our Flexi Hybrid variant, you get an additional facility of paying interest-only EMIs for the initial part of the tenure.
Check your Flexi Loan account
Sign-in to our customer portal in two simple steps and track your loan details easily.