Flexi Loan

With Flexi Loan, you are offered a pre-approved loan limit, which is determined on the basis of your credit profile. You can borrow funds multiple times from your account without the need for fresh applications and prepay as per your convenience.

And the best part! You are charged interest only on the utilised amount. This form of credit helps you manage immediate monetary requirements and offers easy prepayment options as well.

While the flexi loan eligibility parameters set by the lender are simple, apply only after you meet them. Here they are: 

• You need to be within the age bracket of 21 and 80 years, subject to the lender’s terms and conditions

• You need to be an Indian resident

• You need to work in a public or private company if you are a salaried employee

Here are some of the essential KYC documents to submit when you apply for a flexi loan online or offline:

• Proof of Identity - Voter’s ID Card, Aadhaar Card, Passport, or Driving Licence

• Address Proof - Passport copy/ Utility bill / Rental agreement/ Ration card

• Latest salary slips or ITR copies

• Bank account statements for the last 6 months

The online process for availing a Flexi Loan is simple and convenient on Bajaj Markets. Follow the steps and get access to funds instantly.

• Step 1: Click on the ‘APPLY NOW’ tab

• Step 2: Select your profession and fill in other essential details like name, address, mobile number, etc.

• Step 3: Check the applicable loan offer

• Step 4: Enter the suitable repayment tenure and loan amount

• Step 5: Receive funds in your bank account after the loan is sanctioned

Here are various instances of how these flexi personal loans can help you manage both planned and unplanned financial requirements:

• Manage unexpected medical expenses, especially when you do not know the total amount you need

• Fund your children’s educational requirements or other recurring expenses 

• Use the funds as required for a vacation with your loved ones 

• Opt for these unsecured loans to renovate or improve the aesthetics of your home

• Fund wedding expenses by applying for a flexi personal loan

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.