Disclaimer
Results generated by the calculator(s) are indicative in nature. The calculator(s) are not intended to provide its users/customers with results that are either certified by Bajaj Finance Limited ("BFL") or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances.
The calculator(s) are only a tool that assists the user/customers arrive at results of various illustrative scenarios generated from data input by the user/customer. The use of the calculator is entirely at the risks of the user/customer. BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator. Finance is at sole discretion of BFL. Interest rate applied on the loan will depend on the prevailing rates at the time of loan booking.
Frequently asked questions
Bajaj Finance offers unique Flexi Loan variants – Flexi Term Loan and Flexi Hybrid Loan on its select loan products. These Flexi variants come with additional benefits such as multiple withdrawals and part-prepayments at no extra cost. When you choose any of these Flexi variants, a loan limit is assigned to you, and you can withdraw from this limit as and when you need. However, interest will be charged only on the amount you withdraw and not the entire limit. You can also part-prepay as many times as you can without any additional charges. If you choose a Flexi Hybrid Loan, you’ll get the additional benefit of paying interest-only EMIs for the initial part of the tenure.
Bajaj Finance offers two variants of Flexi Loans:
Flexi Term Loan: This option allows customers to withdraw from their available loan amount multiple times at no extra cost. Customer can also part-prepay their loan when they have surplus funds without paying any additional charges. This facility provides enhanced flexibility in loan management.
Flexi Hybrid Loan: This combines the features of a Flexi Term Loan with the benefit of paying interest-only EMIs in the initial part of the loan tenure.
Bajaj Finance provides three unique variants of personal loans: Term Loan, Flexi Term, and Flexi Hybrid Loan. If you opt for the Flexi Loan variants, you get a loan limit from which you can withdraw funds as required. Interest is only charged on the withdrawn amount, not the entire approved limit. You can make multiple withdrawals and partial payments from their borrowing limit without any extra charges. Also, with a Flexi Hybrid Loan, there's the added advantage of paying interest-only EMIs for the initial portion of the tenure. This offers borrowers enhanced flexibility in managing their personal loans.
Bajaj Finance offers doctor loans in two unique Flexi variants: the Flexi Term Loan and the Flexi Hybrid Loan. The Flexi feature allows you to make part-prepayments and withdraw funds from your approved loan amount as needed, without incurring additional charges. Additionally, with a Flexi Hybrid Loan, you can choose to pay interest-only EMIs for the initial part of the tenure.
The Bajaj Finserv Business Loan is an unsecured loan personalised for self-employed professionals. This loan facility helps in managing small and big business expenses. Bajaj Finance offers these loans in two unique Flexi variants: the Flexi Term Loan and the Flexi Hybrid Loan. When you choose either of these Flexi variants – a loan limit is assigned to you. You can withdraw funds from this limit as and when you need. However, the interest is charged only on the amount you withdraw and not the entire limit. You can also make partial payments without incurring any extra costs. However, the Flexi Hybrid Loan comes with the additional benefit of paying interest-only EMIs for the initial part of the tenure. These features provide businesses with greater flexibility in managing their finances.
The Bajaj Finserv Used Car Loan provides asset-based financing of up to 100% of the value of your vehicle at affordable interest rates. Bajaj Finance offers these loans in two unique Flexi variants: the Flexi Term Loan and the Flexi Hybrid Loan. These Flexi variants allow you to make multiple withdrawals from your approved loan limit without incurring additional fees. However, interest is charged only on the amount you withdraw and not the entire limit. You can also part-prepay your Flexi Loans as many times as you can without paying any additional cost. Furthermore, the Flexi Hybrid Loan allows you to pay interest-only EMIs during the initial part of the tenure.
The CA loan offered by Bajaj Finance is an unsecured loan provided to chartered accountants that comes with simple eligibility criteria. Bajaj Finance offers two Flexi variants of CA Loans: The Flexi Term Loan and the Flexi Hybrid Loan. When you choose either of these Flexi variants, a loan limit is assigned to you from which you can withdraw funds as many times as you need. However, interest is charged only on the amount you withdraw and not the entire limit. You can also part-prepay your Flexi Loan without paying any additional charges. Furthermore, the Flexi Hybrid Loan comes with the additional facility of paying interest-only EMIs for the initial part of the tenure.
