OVERDRAFT (FLEXI LOAN)
NO EMI (ONLY INTEREST)
Flexi Loans are the new way of borrowing funds in India, where you get access to a pre-approved loan limit based on your credit rating. Borrow funds whenever you need them and prepay when you have additional funds in hand. Also, pay interest only on the amount you utilize out of the borrowed amount, and get the option to pay just the interest amount as your EMI for first year.
Flexi Loans are available for salaried individuals, self-employed individuals, professionals and businessmen. Find out more about our Flexi Loans, what they have to offer and how you can benefit from them, here.
Features and benefits
Only interest as EMI
Choose to pay only interest as EMI, which reduces EMI amount by up to 45%.
Part-prepay your personal Loan whenever you have surplus funds, without any extra charge.
No multiple applications
Just withdraw money from your loan account and transfer it to your bank.
Withdraw and part-prepay funds through the online customer portal, Experia.
Interest charged daily
Interest charged on a daily basis, as per amount utilized at the end of the day.
Multiple withdrawals, without any additional documentation or charges.