1. Borrow when you need prepay when you can - Withdraw funds as many times as you need from your approved limit and prepay or deposit funds into your loan account whenever you have Surplus money.
2. No Extra Charges - Withdraw funds and prepay them without paying any fee whatsoever.
3. Online Transactions - Transfer funds from your loan limit to your account and make prepayments.
4. Interest-only EMIs - Opt to pay only interest as your EMI for the first part of the tenor and the principal later to reduce your monthly EMI obligation by upto 45%
5. Day-wise Interest - Incur Interest only on what you utise by the end of the day.
A Flexi personal loan is a variant of personal loans that gives you the flexibility to use funds as and when required. You are sanctioned a loan limit and can borrow from this limit as many times as you want, without the need for making multiple applications.
You are charged interest only on the amount that you utilize,and you are free to withdraw and part-prepay at no extra cost.With the option to pay interest-only EMIs for the initial part of the tenure,you can reduce the burden of the EMIs.
CreditsIn helps you to avail Flexi personal loan from top providers and enjoy features including Longer Tenure, Overdraft Benefit and Step-up payment.