Pune (Maharashtra) [India] October 28 (ANI/BusinessWire India): The festive season is considered the most auspicious time of the year for new beginnings - be it the start of a new venture, making a big purchase for one's house, or even shopping for the festivities ahead.
For those looking to borrow funds to finance festive purchases, several reasons make the Flexi Personal Loan offering from Bajaj Finserv the go-to option. Funds are available in just an instant and customers get greater flexibility when it comes to withdrawing and repaying their personal loan.
Customers also have the option to pay only the interest part of their installment for the initial part of the tenure, which can lower their installment payments by up to 45 per cent.
Here's a quick glimpse at features that make the Flexi Personal Loan the smarter financing option:
1. A high loan amount for all big-ticket spends
Borrow up to Rs 25 lakh at attractive interest rates with complete transparency on the terms of the loan. This means no hidden charges or unpleasant surprises after availing of the money. Plus, the large loan amount means customers can plan their spending without any worry.
2. Quick access to the money needed
A key highlight of the Bajaj Finserv Flexi Loan is that customers can get funds instantly. Enter basic details online and get immediate approval. After a simple document verification process, customers can get money in their account in 24 hours.
3. Manage extra expenses without any hassle
The Flexi Personal Loan gives customers access to an online loan limit that they can withdraw from at their convenience. So, whether it is a planned expense or a last-minute purchase, customers can choose to withdraw as much as they need. Interest is charged only on the amount utilize.
One can make as many withdrawals needed from their loan limit, without the need of making a fresh application every time.
4. Lower EMIs for convenient repayment
Unlike a conventional term loan, one is not expected to pay interest on the entire principal amount. Here, customers can choose to pay interest only EMIs for the initial part of the tenure, which lets them, lower their monthly installments by up to 45 per cent. This way customer can control their monthly outflow, especially after the festive season, when they would like to slow down on their spending.
Another feature that adds to the flexibility is that customers can choose a tenure of up to 60 months to repay their loans.
5. Part-prepay loans, at nil charges
To make the repayment journey even smoother, Bajaj Finserv lets customers make an unlimited number of part-prepayments towards their Flexi Personal Loan. All this at no extra charges. This lowers their net interest outgo. So, whenever customers get access to surplus funds, they can use them to pay back their loans at no additional cost.
To reduce the loan processing time, customers can also check the pre-approved offer that they may be eligible for. All one needs to do is enter their name and contact details to check their pre-approved offer in seconds.
The wait is over. Now, customers can meet all their big-ticket expenses and tick off everything on their shopping list without making a dent in their savings. Choose the Bajaj Finserv Flexi Personal Loan today.
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