Tuesday, May 21, 2019
News
NEWS HOME
»
PRESS RELEASES

Manage All Your Expenses With Flexi Personal Loan From Bajaj Finserv
  SocialTwist Tell-a-Friend  
   


Date: 17-04-2019 11:53AM
Source: Bajaj Finance Ltd.
Category: Business/ Finance, Financial Analyst & Investors, General, Consumer Interest, Lifestyle, Banking & Financial Services
Location: Pune, Maharashtra, India

Business Wire India
It is widely known that personal loan is a useful tool to meet your financial obligations. From managing a medical emergency to consolidating multiple debts and paying for a wedding, there are many instances when a personal loan can come in handy. Banks and NBFCs across India are witnessing a surge in personal loans. A recent report published by Economic Times indicates that personal loans have touched the mark of Rs. 3.5 lakh crore during 2018-19.

With a positive outlook of personal loans in India, lenders are coming up with new offerings, giving a new definition to personal lending. Term loans have made way for new-age financial instruments aimed at making your life simpler. Take the flexi personal loan for instance. Unlike a conventional term loan, a flexi personal loan comprises a loan limit assigned to you based on your eligibility and credit score. You have the flexibility to withdraw as many times as you need and as much of this loan as you need – you will be charged interest only on the withdrawn amount.

Bajaj Finance Ltd., the lending arm of Bajaj Finserv, offers Instant Personal Loans up to Rs. 25 lakh. With quick approval and speedy disbursal, you can use the Flexi Loan to manage all your needs. Bajaj Finserv Flexi Personal Loan offers several unique features and benefits including:

Interest-only EMIs
Go easy on your pocket by paying only interest as your monthly installments. The principal amount can be paid at the end of the tenor. This way you can reduce your EMI by up to 45%.

Flexible tenors
Go for a tenor that suits your needs and repayment capacity the best. Choose to repay the loan over a flexible tenor of 12 months to 60 months.

High loan amount – up to Rs.25 lakh
Avail a loan of up to Rs.25 lakh and fulfil all your requirements without worrying much about the funding. Since the interest will be charged only on the amount you utilize, you can apply for a sizeable amount without second thoughts.

Part-prepayment at no extra cost
With zero charges for part-prepayments, you can pay back the loan amount you utilize without any hassle or charges.

Online account management
Manage your loan account from anywhere and anytime. Get the complete access to your account through the online customer portal, Experia. Withdraw, pay EMIs and part-prepay your loan amount conveniently with the help of the portal.

No multiple applications
Withdrawing money from your loan account can be as easy as withdrawing money from your savings account. Without the need for multiple applications, transfer money from your loan account to your bank account in a jiffy.
About Bajaj Finance Limited

Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 21 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loans Against Property, Small Business Loans, Home loans, Loans for Doctors, Loans for CAs, Loans for Engineers, Credit Cards, Two-wheeler and Three-wheeler Loans, Construction Equipment Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits and Advisory Services. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today.

To know more, please visit: https://www.bajajfinserv.in


More Press Releases

Phase III study showed nintedanib slows the loss of pulmonary function in people living with systemic sclerosis associated ILD1

Herbalife Nutrition Celebrates 20 Years of Success in India With the Unveiling of H24

GIA India Organised a GemKids Programme in New Delhi

NRI FT India and Digital Asset to Deliver DAML Driven Applications to Capital Markets

Analogix Introduces Its VirtualLink™ Reference Design for High-Performance Gaming Notebooks

Gupta Agarwal Foundation Donates $5 Million to Fund Heart Health Research and Education

CNIM to Optimize Renewable Heat Production for Nantes District Heating

Rubicon Capital Advisors Strengthens its Global Presence through the Formation of a Dedicated Investor Coverage Group and the Opening of a New Office in Seoul, South Korea

smartwater, the Perfect Accomplice for Original Thinkers!

Saurav Ganguly Joins My11Circle

Lattice’s New MachX03D FPGA Enhances Security with Hardware Root-of-Trust Capabilities

Lattice sensAI Delivers 10X Performance Boost for Low Power, Smart IoT Devices at the Edge

GLIDE and eBay Present the 20th Annual Auction for Power Lunch with Warren Buffett, May 26 – May 31

PEI-Genesis Promotes Peter Austin to General Manager North America and Corporate Senior Vice President

Onward Technologies Delivers PAT Growth of 50.9 Percent in FY 18-19, Board Recommends Final Dividend at 15 Percent

ams, Ibeo and ZF Partner to Deliver Industry-First Solid-State LiDAR Systems for the Automotive Industry

ICCPL, India’s Top Public Relation Agency Posts a Robust 100 Percent Growth in FY 18-19

New Study Evaluates Ability of Masimo SpHb® (Noninvasive Hemoglobin) to Estimate Timing for Invasive Measurement to Detect Anemia During Surgery

Karisma Kapoor Gives Away AQE Awards 2019 New Delhi by Xel Research

Opening up GIFT City Bourses to Foreign Retail Investors, NRIs a Positive Step, Dr. Niranjan Hiranandani - CMD - Hiranandani Communities

New Exploratory Data from VARSITY, First Head-to-Head Ulcerative Colitis Biologic Study Which Demonstrated Superiority of Vedolizumab to Adalimumab in Clinical Remission at Week 52, Presented at 2019 Digestive Disease Week®

Age, Gender, Disease Severity Impact Adherence to Long-Term PAP Therapy More Than Previously Thought

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Two DRG Personnel Injured in IED Blast...
J-K: Ujh bridge to become functional soo...
BJP demands probe into Delhi police offi...
Man wanted in robbery, murder case, held...
Ayodhya's Shri Sita Ram temple hosts Ift...
Cannes 2019: Sonam Kapoor steals the lim...
More...    
 
 Top Stories
White House tells former lawyer not... 
With terror on agenda, Swaraj depar... 
Jet Airways employees stage protest... 
Mau: Police disperses crowd gathere... 
Modi congratulates Joko Widodo on r... 
Ahead of opposition meet, Kumaraswa... 
Italy's head coach Roberto Mancini ... 
Women with sleep apnoea more likely...