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Flexi personal loan - What is it and when do you need it_

A personal loan can be a saviour during emergencies and financial crises. This unsecured loan form can be utilised for any personal reason including medical emergencies, home renovation or even buying a car. Similar to personal loans, flexi personal loan with certain distinct characteristics is becoming widely popular. Hereu2019s all you need to know about flexi loans India and how to avail of them.

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Flexi personal loan - What is it and when do you need it_

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  1. Flexi Personal Loan - What is it and when do you need it?

  2. Meaning of flexi personal loans Has a predetermined limit. You can withdraw funds whenever you want.

  3. Characteristics of flexi personal loans

  4. They are pre-approved and available right away. Minimal documentation required. You can withdraw any amount up to the prescribed limit. Only the utilised amount is subject to interest.

  5. Key distinctions between flexi loans and regular personal loans

  6. Flexi loan interest rates are comparatively lower. Unlike personal loans, flexible loans allow you to withdraw funds many times. Regular personal loans may not offer repayment flexibility.

  7. Flexi loans eligibility criteria • You must be an Indian citizen with a stable income. • You must fall within the prescribed age range. • You must file your income tax returns regularly.

  8. If you are expecting an increment in your income soon, flexi loans are ideal for you during emergencies.

  9. Thanks! Would Love to hear from you. Hero Fincorp Limited 09, Basant Lok, Vasant Vihar, New Delhi - 110057 Tel : 18001024145 Email : corporate@herofincorp.com Website : https://www.herofincorp.com/ Know More : Flexi personal loan - What is it and when do you need it?

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