Get personal Loan in Delhi
Delhi has a fusion of modern and traditional at its best. Begin with food or fashion, dining or shopping, streaming or doing a job in Delhi, the place caters to all for everything. While it's an epicenter for political movements it's also known for a mass movement of people from various states. Delhi has people from all income groups and it also has a lot to spend on. In such situations looking for a personal loan in Delhi becomes obvious and with FlexPay you can meet this need immediately.
When you want to get a personal loan in Delhi, we can be your best resort. It's a line of credit that is offered to salaried individuals or people with recurring incomes. If you are also one of them, you can easily apply for this loan based on your income statements. Here the approval is given just after a soft credit inquiry.
How does it Work?
It's a line of credit where a credit limit is approved on your salary account. Out of this credit limit, you can keep withdrawing money as needed and then only pay the interest. Since the interest applied is proportional to your use, it becomes a pocket-friendly credit option for you. Being one of India's top Fintech Products, it's a trustworthy credit tool for you that you can keep using and renewing as needed.
Top 5 Features of this Loan
Unsecured and short-term loan: We offer an unsecured personal loan to all salaried individuals or people without recurring and regular sources of income. It's a short-term loan that extends up to 3 years starting from three months. To apply for this loan, you need not arrange for collateral or stretch your loan longer than you want because of any strict policy.
Unsecured Credit Line: We offer an unsecured credit facility which means, without any collateral, you can get the loan in your salary account. This works best in emergencies of urgent cash needs because then you don't have to arrange for an asset to the mortgage. Based on your income statement, your credit limit is evaluated followed by fast cash disbursement.
Easy application & documentation: It has a simple application process where the registration is completed just with your name, PAN and contact details. Along with this, the application is completed when you provide your income details along with the occupational information. It also takes minimal documentation where you have to provide your identity proof, address proof and income proof. Using the mobile app or the official website of FlexPay you can easily upload all the records.
Verification and approval: We complete the verification process through e-KYC via a video call. After successful verification instant approval is provided without any waiting time. You can access the money within 24 hours of application in your salary account.
Smooth repayment and renewal: We accept variable instalments at zero added cost. As long as you are making minimum monthly repayments, no penalties or late payment charges are involved. Based on your borrower's behaviour and current credit health, you can easily go with the credit renewal. Having this, you don't have to apply for a new loan every time you need one.
Eligibility Criteria for Instant Personal Loan in Delhi
Following are the simple two criteria that you have to meet for applying a line of credit with us-
| Citizen | You must be an Indian citizen |
| Occupation | You must be a salaried employee |
| Income | Your salary must be min. 4,000K/m |
Credit Limit
You can get this online personal loan for up to Rs. 3,00,000 starting from Rs.500 in the form of a line of credit.
Documents Required
- Aadhaar card
- PAN Card
- Salary Slip
- Bank Statement
- Passport-sized photograph
Personal Loan Interest Rates and Charges In Delhi
In Delhi, you can use this loan for all your financial requirements and pay only a reasonable interest amount. Being a credit line, the interest already is proportional to use and applied at a competitive rate. It's an affordable instant loan option for every individual with a regular income.
We apply one-time processing fees on this loan which are in ratio to the amount you borrow. Although it's a line of credit, and you can use it for fluctuating financial needs, you need not pay a fee every time. Once the credit line is approved, you can keep using it for all your needs without worrying about any hidden charges.
Repayment and Prepayment Options
We extend Flexible repayment options along with a flexible tenure of 10 - 36 months. The flexible EMIs attract zero cost and you can pay off your dues in variable instalments as suitable to you. In case of one-shot repayment, before the tenure ends, you have to pay no prepayment or foreclosure charges against the loss of interest. You can pay back your loan in full without paying any extra price for it.
FlexPay is a fintech product designed exclusively for people with recurring income. It provides relaxed eligibility criteria along with smooth repayment options. Based on your borrower behaviour and clear repayment history you can also keep renewing your credit limit. This helps in using the credit line as a permanent credit back up which saves you from the hassle of applying for a new loan every time you need one.
