Flexpay Loan- Personal Loan 3.2

FlexPay Loan is an Instant Credit Line & Personal Loan application that offers customers the opportunity to secure loans of up to 3 lakhs online. Managed by Vivifi India Finance Pvt. Ltd., a non-banking financial company registered with the RBI, FlexPay provides a convenient APR ranging between 19% and 55%, with loan durations spanning from 10 to 36 months.

For illustrative purposes, consider this payment example: On a ₹50,000 loan at a 29% annual interest rate with a 36-month tenure, the maximum APR would be 31.16%. A one-time processing fee of ₹1,000 is applied during the initial withdrawal, enabling flexible monthly installments with a minimum payment of ₹2054. Upon completion of 36 months, the total repayment amount sums up to ₹74,872.

FlexPay prides itself on its competitive annual interest rates ranging from 18% to 36.5%, complemented by one-time processing fees ranging from ₹0 to ₹1,250 during the initial withdrawal. Additionally, conditional interest varies from 0% to 1.75% per month, while offering unrivaled benefits such as zero late fees, zero bounced check charges, and zero prepayment penalties.

Upon meeting the straightforward loan eligibility criteria, borrowers can expect same-day cash transfers into their accounts. FlexPay aims to distinguish itself as one of the most user-friendly Fast Personal loan applications in India.

Through its streamlined process and innovative features like instant credit access, a quick loan application process, and 'Scan-now Pay-later' functionality, FlexPay caters to users seeking simplicity and efficiency in managing their finances.

FlexPay serves as an online personal loan application designed to enhance the financial experience of employed individuals in India through its hassle-free online application process. By granting quick loans for various necessities like groceries, food, medicines, bike services, or travel tickets through a smartphone interface with deferred payment options.

With options for flexible repayments and minimal interest charges on used funds, FlexPay allows users to manage their instant cash loans on their terms. The platform encourages applicants to make use of instant personal credit for immediate needs without added complexities.

• Instant Credit Approval & disbursal
• Credit management tools: Track spending habits and review payment history
• Quick payments for merchants and peer-to-peer transfers
• No hidden charges or penalties
• Multilingual platform with QR code facilities

FlexPay ensures a seamless experience by offering one-time approval for instant cash accessibility anytime. With provisions for multiple withdrawals and interest charges solely on utilized amounts, users can purchase immediately and repay at their convenience with minimal interest.

For rapid access to credit lines and digital credit solutions through a Buy Now Pay Later scheme, FlexPay serves as a practical financial tool with quick turnaround times for loans and attractive reward programs.

The document verification process requires:

• Identity Proof (Aadhaar / Driver’s License / Passport / Voter ID)
• PAN card
• Address Proof (Driving License/Utility Bills / Aadhaar / Passport / Bank Statements /Voter ID)
• Net banking verification for income validation
• Selfie/Photograph

To qualify for a loan application:

• You must be an Indian Citizen
• Above the age of 21
• Earning a minimum salary of ₹4,000

In terms of safety and security measures, FlexPay ensures complete confidentiality by encrypting all shared information solely for verification purposes during the application process.

*The provided APR within the example is based on an indicative payment schedule specified within the loan agreement. Customers retain full flexibility to adhere to this schedule or opt for multiple withdrawals and payments at their discretion. There are no prepayment penalties for settling outstanding balances early.

If you have any inquiries or require assistance:

• Email: [email protected]
• Customer Support: +91-40-4617-5151
• Location: Unit A, 9th Floor, MJR Magnifique, Khajaguda X Roads, Raidurgam, Hyderabad, Telangana-500008