When you need to convert their Flexi label loan to help you a good regular term loan, you must generate an e-mail to our support service giving the say yes to convert the Flexi title mortgage in order to a standard loan application

• Their entered savings account info to own drawdown purchases
• Book virtual membership count
• Inserted cellular amount
• Resource services help guide to help you see the tool and rehearse the brand new notice-solution device efficiently.

Possible availability your loan statements and other details associated into Flexi name mortgage account from anywhere through all of our consumer webpage Experia. It’s also possible to put the drawdown request about this customers webpage.

Once you acquire a personal loan that have Bajaj Finserv, you are available with another membership matter. You’ll be able to create most of the repayments and you may region-prepayments to this type of account using your websites bank-account.

When it comes to good Flexi title mortgage, a comparable might possibly be paid on the Flexi loan account inside the fresh new stipulated day depending on banking guidelines.

Because the a great Flexi mortgage buyers, you may enjoy various extra experts, and one particularly advantage was and also make region-prepayment without paying any extra payment. As the a beneficial Flexi loan customers, you can interact (make costs in your account and you will withdraw the fresh offered harmony matter) normally as required without having to pay any additional costs.

If you have excessive finance and wish to part-prepay a financing, you may make your first region-prepayment just after doing multiple month from financing disbursal.

Bajaj Finserv has the benefit of an excellent Flexi unsecured loan that accompany flexible detachment and you will a part-prepayment studio. For those who have opted for an excellent Flexi name loan, you might withdraw a maximum of 5 times twenty four hours

Sure, your own EMI might be subtracted towards the deadline even after and also make prepayment ahead of time. This is because the fresh month-to-month instalment are recovered to the matter used from inside the battery charging period. But not, making a member-prepayment can help you lower your loan, hence at some online payday IL point makes you pay quicker EMIs into the remaining span of new tenor.

In case you deal with any problem throughout the withdrawal or region-prepayment, you can visit the fresh nearest part regarding Bajaj Loans Limited. You can even apply to you and then have your ask resolved.

Such maintenance charges could well be vehicles-debited out of your account towards wedding of the financing

In case there is one change in personal stats just like your address/ cellular matter/ account amount, you might inform your dating manager. You could potentially submit a request letter signed from you as well as the latest documentary evidence you to definitely suffices the alteration towards worried relationships director, as well as your demand could well be processed soon after.

When you need to foreclose your own Flexi financing membership, an additional fee away from 4% (together with fees) and you may cess to the overall withdrawable count will be energized due to the fact a foreclosures costs.

Bajaj Finserv has the benefit of Flexi unsecured loans that allow borrowers to choose interest-just EMIs to your first financing tenor. As an example: For those who have a great Flexi term loan amount away from Rs. 5 lakh, you’re going to have to pay a keen EMI of around Rs. 6000 composed of only desire as opposed to a regular EMI off Rs. twelve,100000, which has one another dominating and you will attract parts.

Consumers which go for good Flexi personal loan need to pay the new annual repair costs of 0.25% (as well as taxes) on the complete withdrawable amount no matter utilisation for the time off levy of these costs.

As customer support gets the consent, they are going to boost a demand for you. Following the techniques is performed, their Flexi label loan would be changed into a term financing to possess sixty days, and you’ve got to blow a consistent EMI, like the dominant number.