Benefits of Flexible Personal Loan
Flexible credit limit up to ₹1,00,000
Get an instant Flexible Credit Limit up to ₹1,00,000 available for up to 36 months.
Savings on interest
You pay interest on what you withdraw and not on the entire amount sanctioned to you.
Multiple withdrawals
Withdraw any amount starting ₹5000, whenever you are in need of cash. Make multiple withdrawals with no additional documentation or extra charges.
Flexible repayments
Repay the outstanding principal whenever you have funds available, and just pay the minimum amount due every month.
Fee and Eligibility
Eligibility Criteria
- Applicant should be an Indian Citizen between 18 and 60 years of age
- Should have a valid ID proof (PAN Card Mandatory) and address proof (Aadhaar Card, Voter ID Card, Driving License, Passport)
- Should be salaried or self-employed, with an active source of income
- Should have an active bank account
- Applicant's 'Monthly Household Income' should be more than ₹25000/-. Household means, an individual family unit consisting of a husband, wife, and their unmarried children
Loan Amount | ₹10,000 - ₹1,00,000 |
Loan Term | 5 Years (3 years flexible + 2 years fixed) |
Fees and Charges
Frequently Asked Questions
What is a Flexible Personal Loan?
Flexible Personal Loan offers you flexible credit limit, from which you can withdraw any amount starting ₹5000, into your bank account, any time you want. You can use this limit for various purposes like medical treatment, home renovation, travel, wedding and/or any other financial requirement.