How to apply mudra loan

Quick apply

Just 60 seconds to apply

Please enter your first and last name
Enter 10-digit mobile number
Please enter your Birth date
Please enter valid PAN card number
Please enter your pin code
Enter personal email address

I consent to the T&C and authorize Bajaj Finance Limited, its representatives/business partners/affiliates to use my details for promotional communication/fulfilment of services availed.

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.

Also Read: Flexi Business Loans Explained

People Also Considered

Machinery Loan

Machinery Loan

Funds to upgrade machinery
Up to Rs. 20 lakh | Pay only interest as EMI

Flexi Business Loan

Flexi Loan Conversion

Convert your existing loan | Pay lower EMIs by up to 56%

Working Capital Loan People Considered Image

Working Capital

Manage operational expenses
Up to Rs. 20 lakh | Flexible tenor options

Business Loan for Women People Considered Image

Business Loan for Women

Avail customized loans
Up to Rs. 20 lakh | Minimal documentation