Loangranted is a loan offering from Vivifi India Finance Private Limited, a non-banking finance company (NBFC) registered with the Reserve Bank of India (RBI)*

Flexi Loan In India from Loan Granted helps you handle any financial emergency easily. It’s a current age loan that provides an immediate financial requirement for people to utilize them as and when required; without incurring any additional charges. A flexi loan is an overdraft facility where customers can withdraw the required amount when in need of cash to manage their immediate or future contingencies. Borrowers can repay the borrowed amount as per their convenience and will be charged with an interest only on the amount that is withdrawn. The remaining amount will not accrue interest.

Flexi Loan In India: Features and Benefits

Loan Granted is a loan offering from Vivifi India Finance Private Limited, a non-banking finance company (NBFC) registered with the Reserve Bank of India (RBI). It offers India’s quickest online flexi loans with disbursal in just 24 hours and a loan up to INR 5,00,000 by not compromising on any guarantees. It can be processed further with certain eligibility criteria and the submission of basic documents. A flexi loan from Loan Granted is a personal loan , which is more appealing with its features and benefits mentioned below:

  • Instant cash 24*7 - As and when the need arises for unexpected financial requirements, Loan Granted offers instant cash loan 24*7. The customer is approved for a certain credit limit and they can withdraw the amount as many times when required.
  • Ease of prepayment - Loan Granted provides customers with an option to proceed with prepayments during excess cash inflow, thereby helping the loan (principal amount) repayment easier.
  • Unlimited withdrawal - If you need immediate cash after pre-payment is done on the earlier borrowed amount, no worries, Loan Granted offers an option to withdraw the amount that you have already paid within the loan tenure and within the credit limit. Hence, not wasting additional time in applying for fresh loan applications.
  • No collateral - Flexi loans at Loan Granted are collateral-free. As the borrower is not required to submit his assets as security for the loan, they are free from risk in case of non-payment.
  • Complete digital process - An online application form is available to the borrower on our website where they can fill in the required details along with the submission of some necessary documents.
  • Speedy disbursal of funds - At Loan Granted, once the flexi loan is approved online, the cash gets paid to the borrower’s account instantly, with less wait time.
  • Lesser interest charges - Loan Granted provides flexi loans at competitive interest rates. When the customer withdraws his loan amount to his account, the interest is levied only on the amount that is withdrawn and not the entire amount sanctioned by the lender; which means the EMI’s will be low, thus making the loan repayment easy.

Flexi Loan in India: Eligibility

Due to the advancement in technology, the tedious and tiresome process of applying for a loan has been eliminated. The new age formula of Loan Granted is to provide instant flexi loans to the salaried professionals in a quick and easy process. Listed below are the eligibility criteria that are required to get flexi loan approval online.

  • Must be of Indian nationality
  • Should be salaried professionals
  • Minimum eligible age is 18 years
  • Income should be at least INR 8000

Loan Granted shall check the individual’s eligibility for a flexi loan through the CIBIL report that incorporates all the past running loans, credit card payments, and all your repayment history. So, the CIBIL score is the most significant factor that defines the eligibility to get a flexi loan. A higher credit score builds higher chances for loan/credit application to get approved. Nonetheless, a very low CIBIL score will diminish your eligibility to get a flexi loan.

Documents Required to Apply for a Flexi Loan in India

Listed below are the documents required to get flexi loan approved online at Loan Granted:

  • Identity proof
  • Address proof
  • PAN card
  • Last 3 months Payslips.
  • Bank Statements of the last 3 months
  • Passport size photographs

Loan Amount

Avail flexi loans worth INR 4,000 to INR 5,00,000 with Loan Granted.

Loan Tenure

The tenure of a Loan Granted flexi loan is up to 3 years.

How to Apply for a Flexi Loan in India at Loan Granted?

A step-by-step procedure to achieve flexi loan in a day:

  • Login to Loan Granted website and click apply now. You will be redirected to the online loan application form page.
  • Fill in your personal details, employment details, and income details.
  • Submit the loan application form along with the mandatory documents.
  • The funds are transferred to your bank account in 24 hours.

Loan Granted offers flexi loans with maximum flexibility in loan amount utilization and repayment. Instead of paying EMIs of different loans at variable interest rates, it is an easier option through Loan Granted to avail a flexi loan and pay off all the other debts and later repay the flexi loan in its scheduled time conveniently. So, apply now and get approved for a flexi loan up to INR 5,00,000 instantly.

FAQs


You can quickly apply for a personal loan with Loan Granted using our simple online application form.
The mandatory documents required to apply for a personal loan with Loan Granted are:
  1. Identity proof
  2. PAN card
  3. Address proof
  4. Bank statements for the last 3 months
  5. Salary slips for the last 3 months
  6. Photo
No! Loan Granted personal loan can be availed by only salaried individuals with a minimum salary of INR 8,000.
To be eligible for our personal loan, you must be an Indian citizen with a minimum of 18 years of age.
Loan Granted personal loan is approved almost instantly.
You can borrow as low as INR 4,000 and up to INR 5,00,000 with Loan Granted.
The loan tenure is up to 3 Years (Open-ended)
No, this is an unsecured loan. You don't need to provide any security, guarantors, or collateral.
Yes, you can prepay your loan. Loan Granted doesn't levy any prepayment fee.
A personal loan from Loan Granted can be utilized for any of your needs. There are no restrictions on usage!
Electronic Bank Verification is a revolutionary process used by banks, lenders and other financial institutions to verify the financial status of a potential customer. While applying for an online personal loan with Loan Granted, you can choose the EBV option instead of 'Upload Your Documents' option to get instant loan approval.
Your personal loan application with Loan Granted will be rejected if your profile doesn't meet our eligibility requirements.
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