⭐ Editor's Choice — Top Rated Pick
Bajaj Finserv Flexi Personal & Business Loan
📍 Available in: India
★★★★★ 4.7 / 5.0
Bajaj Finance’s signature "Flexi Term / Flexi Hybrid Loan" acts like a revolving credit line: once approved for a limit up to ₹40–₹50 Lakhs, you can withdraw funds into your bank account as needed and prepay surplus cash back into the loan account at any time with ₹0 part-prepayment fee, paying daily interest strictly on the utilized principal.
Key Facts at a Glance
| APR / Rate | 11.00% – 22.00% p.a. |
| Coverage / Loan Limit | ₹1 Lakh to ₹50 Lakhs |
| Credit / Eligibility | CIBIL 730+ |
| Terms Available | 12 to 96 Months |
| Origination Fee | Up to 2.95% + GST |
Pros & Cons
✓ Pros
- ✓Flexi facility lets salaried and self-employed borrowers park surplus cash to slash monthly interest outgo
- ✓Option to pay interest-only EMIs during the initial tenure of a Flexi Hybrid loan
- ✓High ₹50 Lakh unsecured ceiling
✕ Cons
- ✕Upfront processing fee (up to 2.95%) and annual Flexi maintenance fee (0.25%–0.50%) apply
- ✕Aggressive telemarketing calls unless you disable promotional consent in the Bajaj customer portal
Key Features
Flexi Hybrid Overdraft Facility (Pay Interest Only on Utilized Amount)₹0 Fee on Unlimited Part-Prepayments Into Your Flexi LimitNo Collateral or Guarantor RequiredDisbursal Within 24 Hours for Pre-Approved Customers