FlexSalary Instant Loan App offers a seamless and efficient solution for salaried individuals in India seeking quick financial assistance. With a personal line of credit of up to ₹3 lakh, this app is designed to address urgent cash needs without the lengthy approval processes typically associated with traditional loans.
Powered by Vivifi India Finance Pvt. Ltd., an RBI-registered NBFC, FlexSalary ensures reliability and security. The annual percentage rate (APR) ranges between 19% and 55%, with flexible tenures from 10 to 36 months. For instance, a loan of ₹50,000 at a 29% annual interest rate over 36 months results in a maximum APR of 31.16%, including a one-time processing fee of ₹1,000. The total repayment amount would be ₹74,872, with monthly instalments as low as ₹2,054.
Key features include: - Quick and Paperless Process: The entire application, approval, and disbursement process is online, eliminating the need for physical documentation. - Flexible Repayment: Users can choose their EMI amounts and tenure, paying interest only on the amount utilized. - Zero Prepayment Penalty: Borrowers can repay the loan ahead of schedule without any additional charges. - Instant Disbursement: Upon approval, funds are transferred directly to the user’s bank account on the same day.
Eligibility criteria are straightforward: applicants must be Indian citizens, at least 21 years old, and have a minimum monthly salary of ₹4,000. Required documents include identity proof (Aadhaar, driver’s license, etc.), PAN card, address proof, and net banking details for income verification.
Ideal for emergencies or unexpected expenses, FlexSalary stands out for its user-friendly interface, transparency, and speed. Whether you need funds for medical bills, travel, or any other urgency, this app provides a hassle-free borrowing experience.
For queries, contact FlexSalary via email at [email protected] or call +91-40-4617-5151. Their office is located at Unit A, 9th Floor, MJR Magnifique, Khajaguda X Roads, Raidurgam, Hyderabad, Telangana-500008.
Keywords: instant loan, personal credit, flexible repayment, salaried individuals, quick disbursement.
