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Bajaj Finserv offers Personal Loan with Flexi Loan Facility Posted On 30th August 2019 : Posted By VISHAL MEDIA
Bajaj Finserv offers Personal Loan with Flexi Loan Facility
Flexi Personal Loan is hassle-free, no collateral requirement with instant approvals, quick disbursals and enhanced flexibility
The facility allows customers to part pay and withdraw from the loan amount and pay interest only on the utilised loan amount
Raipur, 30th August 2019 : Bajaj Finance Limited, India's most diversified Non-Banking Finance Company (NBFC) and a lending arm of Bajaj Finserv group are offering personal loan with a unique Flexi Loan Feature for salaried customers. Under this facility, the entire loan amount is disbursed to the customer’s account and are provided with a facility of multiple part payment and withdrawals.
Customers can part pay and withdraw from the loan amount as per their convenience and pay interest only on the loan amount utilized.
A Flexi personal loan can be used by the customers to meet their immediate cash requirements for a variety of purposes such as taking a vacation, paying for higher education, planning a wedding, medical emergency, home renovation, and a vast array of other requirements.
Additionally, Bajaj Finance is also providing a Hybrid Flexi Loan Facility to help reduce the EMI burden during the initial tenure. Under this facility, the EMI comprises only payment of interest for the initial loan tenure and a combination of principal and interest for the subsequent loan tenure.
Key features of Flexi Personal Loan:
Hassle-free application process: Customers can just log on to the Bajaj Finserv website, check out the eligibility criteria and apply for a personal loan.
Collateral-free loans: Flexi Personal Loans are unsecured loans and do not require any collateral. Customers can avail loans up to Rs. 25 lakh through Bajaj Finance.
Enhanced flexibility: Customers can use the loan amount as per their wish. Repayment can be made as per their convenience in EMIs over the tenure of up to 60 months.
Instant approvals and quick disbursals: If eligible, customers only need to submit the necessary KYC and financial documents, and the application will be approved shortly. The loan is disbursed within 24 hours of approval.
Multiple part payments and withdrawals: Part pay and withdraw from the loan amount as per the convenience through our customer portal ‘Experia’ and pay interest only on the loan amount utilized.
Reduce your EMI burden during your initial tenure: With the Hybrid Flexi Loan Facility, one can reduce their EMI burden during the initial tenure and pay back a combination of principal and interest as the EMI for the subsequent loan tenure
Flexi Personal Loan from Bajaj Finance offers complete control over the finances and enables customers to meet their financial obligations promptly without affecting their savings. The best part about the feature is that one can check their pre-approved offer from Bajaj Finance in just a few seconds. Existing customers, all they need to do is enter basic details like their name and contact number.
About Bajaj Finance Limited
Bajaj Finance Limited, the lending arm of the Bajaj Finserv group, is one of the most diversified deposit taking NBFCs in the Indian market catering to more than 37 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Co-branded Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance, which includes Gold Loans and Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international ‘BBB’ with a stable outlook for long-term, by S&P Global Rating.
To know more, please visit: https://www.bajajfinserv.in
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