Before initiating a withdrawal request from your Flexi Loan account, it is important to ensure that all eligibility conditions are met. These checks help ensure smooth processing and timely disbursal of funds.
First, your registered bank account must be active and verified. Any issues with account status can delay or prevent the transfer of funds. Second, your loan account should be free from overdue EMIs, as pending repayments may restrict withdrawals until dues are cleared.
You must also have sufficient available limit in your Flexi Loan account. Withdrawals are permitted only within the unused portion of your sanctioned limit. Additionally, ensure that your KYC details and profile information are fully updated, as incomplete documentation can block transactions. Finally, the withdrawal amount should fall within the permitted limits defined by your specific Flexi Loan variant.
How to Withdraw Funds
Withdrawing funds from your Flexi Loan is a simple, digital-first process designed for convenience. You can initiate a withdrawal at any time using the Bajaj Finance App or the official website.
Start by logging in with your registered credentials. Once logged in, navigate to Service, My Relations select Flexi Loan, and choose the Withdraw Funds option. Enter the amount you wish to withdraw, ensuring it is within your available limit. Review the details carefully and confirm the request by entering the OTP sent to your registered mobile number.
After successful verification, the requested amount is transferred directly to your linked bank account, usually within a short time. This seamless process ensures quick access to funds whenever the need arises.
