2/3/2025, 11:34:02 am

Flexi Loan Explained: What it means, interest rates and other key factors

Flexi loans offer a pre-approved credit limit, allowing borrowers to withdraw funds as needed and pay interest only on the used amount. Ideal for unpredictable expenses or irregular income, they provide flexible repayment options and no partial payment charges. Through Moneycontrol, loans up to ₹50 lakhs are available from eight lenders at 10.5% interest, with a 100% digital process.