Flexi Personal Loan
Flexi Loans by Rohini Financial Services are the new way of borrowing funds in India. You get a pre-approved loan limit based on your credit profile and can use it to meet your funding needs on the go. You can withdraw funds from this limit whenever you need finance and can prepay them whenever you have surplus money in hand. You pay interest only on what you withdraw from your loan limit and not on the entire sanction. This way, you can address your ever-evolving needs on a case-to-case basis. Interest is charged at the end of the day, and you can use the Flexi day-wise interest calculator to use the loan optimally. Also, you can use the interest calculator to know your estimated EMI amount.
We do not charge anything extra for each withdrawal and part-prepayment you make. So, you can foreclose your loan ahead of schedule to save on your interest outgo. Similarly, we do not ask for additional paperwork for withdrawals and part-prepayments. You can simply transact online and borrow and deposit funds through our customer portal – My Account.
Our instant Flexi Personal Loans are available for salaried individuals, self-employed individuals, professionals, and businessmen. We have simple personal loan eligibility criteria and require a basic set of documents to approve your loan.
A unique Flexi Loan feature is that you can choose to pay just the interest component of your EMI for the initial part of the tenure. You can pay the principal later. This reduces your instalments by up to 45%*. Interest-only EMIs can help you ease your way into repayment and accommodate EMIs into a tight budget. You can also spread out repayment up to 96 months and make the loan even more affordable.
Flexible Personal Loans are ideal for situations where the expenses are ad hoc in nature, such as home renovation, a wedding, or travel or when you are not sure of your funding needs.
Borrow when you need
Withdraw funds as many times as you need from your approved loan limit.
Prepay when you can
Deposit funds into your loan account whenever you have surplus money.
No extra charges
Deposit funds into your loan account whenever you have surplus money.
No added applications
Skip having to put in additional paperwork when you withdraw or prepay funds.
Online transactions
Use our customer portal – My Account, to transfer funds from your loan limit to your loan account and make prepayments.
Interest-only EMIs
Opt to pay only interest as your EMI for the first part of the tenor and the principal later, to reduce your EMI by up to 45%*.You can also use our personal loan EMI calculator to calculate your EMIs in advance.