A personal loan is a financial product offered by banks, credit unions, or online lenders that allows individuals to borrow a specific amount of money for personal use. These loans are typically unsecured, meaning they don’t require collateral. Personal loans can be used for various purposes, such as debt consolidation, home renovations, medical expenses, or unexpected emergencies. The loan amount, interest rate, and repayment terms are determined by the lender and based on factors such as credit history, income, and debt-to-income ratio.
A personal loan app is a mobile application that provides a convenient platform for individuals to apply for, manage, and track their personal loans. These apps offer features like loan calculators, online application submission, document upload, loan approval status updates, and repayment tracking. They often provide a user-friendly interface, enabling borrowers to view loan details, repayment schedules, and make payments conveniently from their mobile devices. Personal loan apps aim to simplify and streamline the loan process, making it more accessible and convenient for borrowers to manage their loan transactions anytime and anywhere.
FlexiLoans.com is an online lending platform that provides quick and convenient access to personal loans and business loans in India. It is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI). FlexiLoans.com offers flexible loan options with competitive interest rates and easy repayment terms.
The platform caters to individuals, small and medium-sized enterprises (SMEs), and startups looking for financial assistance. It uses technology-driven processes and data analytics to streamline the loan application and approval process, enabling faster loan disbursals.
FlexiLoans.com offers unsecured personal loans for various purposes, including medical emergencies, education expenses, wedding expenses, travel, home improvements, and debt consolidation. The loan amounts and interest rates are determined based on factors such as creditworthiness, income, and repayment capacity.
To apply for a loan on FlexiLoans.com, individuals and businesses can visit the website or use the mobile application. The platform offers a user-friendly interface, allowing borrowers to submit their loan applications online and track the status of their applications in real-time. The documentation process is simplified, and the platform aims to provide a hassle-free borrowing experience.
FlexiLoans provide quick business loans without collateral to small and medium businesses in India for their working capital requirements. We provide unsecured business loans starting at 1% per month. More than 10000+ loans disbursed successfully.
Loan Details :
-> Brand owned by Epimoney Private Limited
-> Loan Amount: ₹50,000 to ₹1 crores
-> Loan Tenure : 3 months – 24 months
-> Interest Rate: 1% to 2% Monthly
-> Repayment Frequency: Flexible
-> Processing Fee: Up to 2.5% of loan Amount
-> Document : Photos of some key documents
-> loan approved within 48 hours
Loan Example :
- Loan Sanction Amount: ₹ 10,00,000/-
- Disbursement Amount: ₹ 9,71,020/-
- Processing Fees (Including GST @18%): ₹ 26,600
- Interest Rate: 1% Flat rate per month
- Instalment Amount: ₹ 51,667 (starting from December 4th, 2018)
- Repayment Tenure/Frequency: 24 / Monthly
Overall, FlexiLoans.com aims to provide accessible and convenient loan solutions to individuals and businesses in India through its digital platform and technology-driven approach.