FlexPay personal loan is an unsecured personal loan for salaried. It comes with easy eligibility criteria. Everyone with a salary of Rs.8,000/m or above can apply for it. The credit limit is calculated based on your income statements. No hard credit pull is done here but with sound credit health, you can get a better loan deal.
FlexPay instant personal loan online works as a line of credit. A line of credit is a credit limit approved on your account for a particular period. Out of this credit limit, you can keep borrowing the money you need. The interest on this personal loan for salaried employees is calculated only when you spend the money. Whereas in a personal loan the interest is calculated on the lumpsum approved from day one.
Being an unsecured loan you can avail of this as a personal loan on a salary slip. Based on your salary slip and bank statements the credit limit is calculated. With a simple application process, you can have personal loan instant approval here.
Along with being an easy to apply personal loan it's equally relaxed with its eligibility criteria. Just meet the following two criteria to apply for an instant personal loan online here. As a borrower, you must be-
Citizen | Must be an Indian Citizen |
Age | Must be 18 or above |
Occupation | You must be a salaried professional. |
Income | You must have a minimum salary of Rs.8,000K/m. |
Personal loan instant approval is available in all the cities in India. This is a 100% online personal loan that you can avail of from your comfort. When you are stuck in an emergency you need not visit a bank or any other lender. From metro cities like Mumbai, Hyderabad, Delhi, Chennai, Bangalore, Lucknow, and Calcutta to small cities; you can get an instant personal loan online in no time.
This instant personal loan comes with a large credit limit. It varies between Rs.500 to Rs.2,00,000 making it perfect for both small and bigger cash needs.