Instant Flexi Loan allows you to borrow funds that you can use for any of your needs. Often, situations come when we need immediate cash help and going through the tedious lending process of banks is not feasible for anyone. An instant Flexi loan is an answer to all these requirements. If you want to be credit ready for any emergency needs, an instant flexi loan from FlexPay is the best option.
Instant Flexi Loan
Instant Flexi Loan is a short term loan that covers all the miscellaneous monetary needs a borrower can have. Take a flexi loan from FlexPay as it has a simple application process, minimal documentation, and no collateral requirement. You will get approved for funds within no time, and you can use them to meet your needs immediately or in the future.
Having ready credit helps you stay prepared for a medical crisis, educational needs, family and social liabilities, sudden travel plans, unplanned parties, etc.
Benefits of FlexPay Instant Flexi Loan
Same day approval
Instant Flexi loan from FlexPay is a quick loan that you can get within a few hours on the same day you have applied for it.
Small application process
By filling in a few details, which takes not more than 5 minutes of your time, you can complete the loan application. All we need is your name, PAN number, Aadhaar card, contact details, and a few other mandatory documents only.
You can use the FlexPay credit for any of your needs. Spend absolutely on anything up to the maximum credit limit offered to you.
Features of FlexPay Instant Flexi Loan
Line of credit
FlexPay instant Flexi loan is a line of credit that means you will have to pay interest only for the money you spend from your approved credit limit.
Large credit limit
The credit limit varies between Rs.500 to Rs.2,00,000 at FlexPay, covering all your small and bigger cash needs.
Reasonable interest rates
Interest rates are competitive at FlexPay and no hidden charges are imposed at all on your instant flexi loan.
No collateral or credit check
Collateral is not required to apply for the FlexPay instant flexi loan.
100% online process
The FlexPay instant flexi loan has a completely digital application process. You can just use the app or visit FlexPay.in to begin the application process to receive credit.
Within 24 hours of the application, credit is disbursed into your account. Once the KYC is completed, no waiting time is there in approval as well.
Repayment of the credit that you have borrowed is easy as you can repay comfortably in flexible payments. There are no extra charges levied upon you for paying later or there are no prepayment charges if you pay early.
No fixed tenure
Flexible tenure of 10 - 36 months is granted at FlexPay in which you can repay your instant flexi loan anytime.
Documents Required to Get Approved for FlexPay Credit
There is no lengthy documentation. Submit a few mandatory documents such as:
- Aadhaar card
- PAN card
- Address proof
- Salary Slip (last 3 months)
- Bank statement (last 3-6 months)
- 1 passport size photograph
Eligibility Criteria to Get FlexPay Credit
To be eligible for a FlexPay loan for professionals, you:
||Must be an Indian Citizen
||Must be above the age of 18
||Must be a salaried professional
||You must have a minimum salary of INR 8,000