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A Flexi Loan lets you withdraw money when you need and as many times you need
It also lets you make complete or part payments when you can
No multiple applications
You are charged interest on a daily basis, as per the amount utilized at EOD
Flexi Loan
Your credit limit remains same till the end of the tenor
We are providing you one Overdraft facility as a financial backup on behalf of your salary for 5
year.
Suppose if your salary is 50k then we will provide you 5 to 6 Lac, 10 to 12 times of salary,
maximum amount 35 lac.
Suppose sir you have withdraw 1 Lac rupees from your OD account for the one month then you
need to pay Interest on 1 Lac rupees that will be 1.20% monthly it means you will pay only
100000*1.20/100= Rs.1200/-
Interest will be applicable on utilize amount and interest will be charge on daily basis. e.g.
suppose you have utilize 50000 for 10 days then you need to pay interest only 10 days
(50000*0.040*10/100=Rs.200)
If you not withdraw any amount from OD account then you don't need to pay any Interest .
There is also Unlimited Part-prepayment facility suppose if you have withdraw 50000 from OD
account and after 3 or 4 month later you want to return 20000 to OD account,after return of
20000 now you are using 30000 rupees of Bajaj, then from next day you have to pay interest will
be charge on 30000 only not on 50000.
Its up to you can withdraw any amount multiple times without taking any authentication from
Bajaj.
And also you can use withdraw amount for five year but you just have pay interest against
withdraw money and you can return withdraw amount within five year as per your comfort.
ELIGIBILITY CHECK DETAILS
1. NAME :-
2. DATE OF BIRTH :-
3. COMPANY NAME :-
4. WORKING CITY :-
DOCUMENTS LIST
1. ADHAR CARD
2. PAN CARD
3. 1 PHOTOGRAPH