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Home Discover Journals Everything You Need To Know About Hybrid Flexi Personal Loan

Everything You Need To Know About Hybrid Flexi Personal Loan

By Finserv MARKETS - Apr 4,2019
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Bajaj Hybrid Flexi Personal Loan Details

When faced with a financial crunch, a personal loan can come to your rescue. Whether you require funds to deal with a medical emergency, renovate your home, meet wedding-related expenses or go on that much-needed vacation, it’s best to opt for a personal loan. Given the fact that the country is moving towards a complete digitized system, you can now avail a personal loan right from the comfort of your home. Yes, you heard that right – no bank visits, no long waits or tedious paperwork and definitely no middlemen involved at all!

One of the recent and convenient personal loans is the Flexi Loan. It is a new-age loan that immediately caters to the financial requirements of customers. With this loan, a pre-approved limit is provided by the lender to the customer which is credited to their account and can be used as and when required. A Flexi Loan can be availed by both salaried and self-employed individuals.

The uniqueness of this loan can be defined by three specific features:

  • Any loan amount within the credit limit can be withdrawn.
  • You can prepay the borrowed amount as per your convenience.
  • Even though the lender has pre-approved a certain limit, the interest will be levied only on the amount you withdraw.

Hybrid Flexi Personal Loan

If you’re in an urgent need for a personal loan but you’re worried about its repayment option, then the Hybrid Flexi Personal Loan is the ideal option for you. With unlimited withdrawals and flexible part-payments, Hybrid Flexi loans can help you live a stress-free life.

Criteria –

Loan applicant should be below 50 years of age

Features –

  • Interest is charged only on your personal loan EMI. During the initial period of your Hybrid Flexi Personal Loan, only the interest amount needs to be paid as the EMI.
  • There is a flexible repayment method. Your principal amount is in your complete control and you can choose to make your part-payments as well.
  • This loan gives you the liberty of unlimited withdrawals on your loan.
  • Additional charges will not be levied if you choose to make part-payments for your principal amount and there is no restriction on when you could repay it.
  • The tedious form-filling process has been eliminated for your convenience. With no repeated form filling, you can withdraw your money from your loan limit anywhere, and at any time.
  • There is no reduction of loan limit during the interest period.
  • You just have to pay a nominal maintenance fee at the end of every year to reap the benefits of this loan.

Benefits –

  • You can enjoy up to 4 years of principal holiday period
  • There is no limit or charge on the number of part-prepayments or withdrawals
  • Interest-only EMIs can help you manage your finances better
  • Minimal chances of any loan default
  • Through our customer portal, you can part-pay and withdraw your money instantly

You must try out the Hybrid Flexi Personal Loan for urgent requirement of finances with a hassle-free period of repayment. It serves best for a Personal Loan with flexi EMI repayment.

With Finserv MARKETS, applying for a Hybrid Flexi Personal Loan is easy, quick, and completely hassle-free. What’s more? You get a host of other features and benefits that you can avail right from the comfort of your home. So why wait? Head over to Finserv MARKETS and get your hybrid flexi loan with us, today!

You can read about how a Personal Loan can help you take care of your vacation.

You can also compare Personal Loan Online and offline.

“Finserv MARKETS, from the house of Bajaj Finserv is an exclusive online supermarket for all your personal and financial needs. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!”


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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522