Flexi Loan Explained

Life is all about give and take isn't it? then why should loans be any different That's why Flexi loans from Bajaj Finserv, where you get access to a credit line, based on your credit rating

The higher your credit rating, the higher your credit line You can use this line as per your needs You can withdraw money wherever you need it and pre-pay when you have extra money in hand withdraw again pre-pay again as many times as you need at no extra cost Give and take remember! You pay interest only on the amount that you have used and not the entire line What's more? You can choose to pay only interest as your EMIs and the principal at the end of the tenor This reduces your emi amount by almost half

Here's an example On a term loan of Rs 1 lakh at 15% interest, your EMI is Rs 2489 But on a Flexi Personal Loan of Rs 1 lakh at 15% interest your EMI could be just Rs 1292 Since you have the option of not paying back the principal immediately that's almost fifty percent less every month

So the next time you need money for a bigger wedding, an exotic holiday, a home makeover or any other unplanned expense choose a flexi loan, a loan that lets you borrow when you need and prepay when you can Think it Done with Bajaj Finserv