image

> >

What is Flexi Loan?

Quick apply

It just takes 60 seconds to apply

Please enter your first and last name
Please enter your Birth date
Please enter 10 digit mobile number
Please enter valid PAN card number
Please enter valid pincode
Please enter your address
Please enter your personal email id
null

“ I authorize Bajaj Finserv representative to call /SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C"

Thank you

What is Flexi Loan?

Bajaj Finserv offers a Flexi loan facility where you can borrow from a pre-approved loan limit when you need money and repay when you can.

So, you can either prepay or ‘down-draw’ against your loan or make multiple withdrawals as long as you stay within your loan limit.

This facility comes in two forms:

Flexi Term Loan

• You get a loan limit, from which you can borrow money.
• Interest is charged only on the amount used.
• EMIs consist of both principal and interest component.
• Withdraw money whenever you need, which reduces amount left in the credit line.
• Part-prepay the principal sum if you have extra funds. However, the amount left in the credit line will not be revised.

Flexi Interest-only Loan

• You get a loan limit, from which you can borrow money.
• Interest is charged only on the amount used.
• Option to pay only interest as EMIs, while repaying the principal at the end of the tenor, or part-prepaying whenever you have extra funds.
• You can withdraw money from the credit line whenever you need.
• When you withdraw, amount of available funds reduces accordingly.
• When you prepay the principal amount, funds available in the line increases accordingly.

People Also Considered

Business Loan for SME- MSME People Considered Image

Business Loan for SME- MSME

Hassle-free finance for your enterprise
Up to Rs. 30 lakh | Approval in 24 hours

KNOW MORE
Business Loan for Women People Considered Image

Business Loan for Women

Avail customized loan
Up to Rs. 30 lakh | Minimal documentation

KNOW MORE
Working Capital Loan People Considered Image

Working capital

Manage operational expenses
Up to Rs. 30 lakh | Flexible tenor options

KNOW MORE
Machinery Loan People Considered Image

Machinery Loan

Funds to upgrade machinery
Up to Rs. 30 lakh | Pay only interest as EMI

KNOW MORE