When you want to make a dent in the online financial marketplace, creating an all rounder platform becomes a very tough thing to do. This is what happened with the FlexSalary personal loans. Experts who had combining experience of more the 75 years in lending, came together, created one of the Best Instant Personal Loan Apps In India.
If you need personal loan, FlexSalary instant loan would be a good choice. However, it is essential to know the loan details before you apply. So, in this post we will share every info you need.
FlexSalary Personal Loan
FlexSalary grow out of Telangana which is already becoming famous for the next big IT city. Currently it holds 4.3/5 on the Google play store because of it’s fantastic service. Here are it’s loan details.
FlexSalary offers instant personal loan up to Rs 2 lakhs.
The loan repayment tenure is from 10 months to 3 years.
The rate of interest goes up to 3% per month.
The processing fee is Rs 650 excluding GST.
In the present time, FlexSalary has disbursed more then 35,000 loans all over India. The loan disburse amount is more then 100 crore in less than 2 years of it’s operations.
Features of FlexSalary Personal Loan ?
The loan amount is quite large for an emergency.
Since a personal loan is an unsecured loan, there is no need for collateral or security.
The loan is approved instantly once the verification process is completed.
The loan is disbursed with in 24 hours.
There is no fixed installment when you are ready to repay the loan amount.
The eligibility criteria for FlexSalary instant cash loan?
The applicant should be an Indian resident.
The applicant should be above 21 years of age.
The applicant should have minimum salary of Rs 8,000 monthly.
The borrower should have minimum 3 months of work experience.
The borrower must have an active valid bank account
Types of FlexSalary Loans
Executive Education loans – If you want to pursue higher education, this loan would be perfect for you.
Debt Consolidate loans – If you want to pay off the old debts, this loan would be an ideal choice.
Travel loans- IIF you want to travel domestic or international, this customized loan could help you out.
Personal loan- If you have an emergency, doing home renovation or need to do a wedding shopping, this loan is for you.
Required documents for FlexSalary Personal Loan
Proof of identity ( Aadhar card, PAN Card, Voter ID card, Driving license)
Proof of address ( Electricity bill, water bill, telephone bill, utility bill, postpaid bill)
Bank statement for the last 6 months
Salary slips for the last 3 months
Passport size photographs
Loan application form
When FlexSalary can help you immensely?
When you do not have collateral to offer for a loan.
When you have a low CIBIL score.
When you need emergency cash
When your loan application is rejected by banks
When you do not want to pay high personal loan interest rate
When you want to a line of credit for lifetime
How to apply for FlexSalary personal loan?
Start by download the FlexSalary app from the Google play store.
Register on the app.
Fill out the loan application.
Choose the loan amount and the loan tenure
Complete the KYC procedure
Submit the loan application.
Once the loan application is verified, the loan amount is disbursed.
Conclusion
So, this is everything you wanted to know about the FlexSalary Instant Personal Loan app. In case you want to contact them, the official email address is Support@FlexSalary.com.