Flex now has made its name as the best instant personal loan app, and it justifies itself with the kind of UI/UX it has to provide for its application. You can easily log in and register on the application, and the dashboard has all kinds of information that you need to avail of an instant loan. You can choose from a wide range of loans and the maximum amount is INR 5,00,000 with different interest rates and credit periods. You can also transfer money directly to the linked bank account. You can also set up direct auto-debit for loan interest amounts, and you do not need to go to the platform every time. There are also tie-ups with Flipkart, Amazon, Big Basket, etc. for their Buy Now Pay Later programs, and you can also choose to insure your loans with insurance policies.
Instant personal loan for salaried – Get personal loan up to 2 Lakh. Scan & Pay.
Flex Now, Instant Loan App – The Coolest new way to shop at your favourite merchants
FlexPay, brought to you by FlexSalary, is an Instant digital credit line & Personal Loan app that provides customers with their very own Digital Credit Card like experience. It’s an All-in-one credit-based payment application with a simple yet smart design focused primarily on simplifying the life of users by giving superior features such as instant access to credit on UPI, & Scan-now Pay-later option.
FlexPay provides instant credit up to ₹ 2,00,000 for salaried individuals in India with the following –
• Annual percentage interest rate (APR)-maximum of 36%
• Tenure- Ranging from 10 months to 36 months
• One-time Processing Fee ₹300- ₹750 (including GST): Will be applicable in the case of a new customer only at the time of first withdrawal.
• Late Fee- ₹0
• Bounce cheque fees-₹0
• Pre-payment penalty- ₹0
• Line usage fee- 1.5% + Tax Applicable only if the credit line is kept active after a part payment.
Using FlexPay Instant digital credit card, you can now pay for your groceries, food, medicines, bike service or buy train tickets & much more just using smartphone & Pay later at your convenience.
If that’s the case, what are our charges? Let’s take a small example to explain this-
Payment Example*: Suppose you get approved for a credit amount of ₹50,000 at an interest of 33% for a tenure of 10 months, the total of all the payments would be ₹57,605. This translates to a maximum APR of 35.47%.
• Approved Loan Amount= ₹50,000
• Loan Tenure= 10 months
• Total of all payments= ₹57,605
• Principal= ₹50,000
• One-time Processing Fee= ₹750
• Total Interest Amount= ₹6,855
*The above example shows the schedule for a customer who makes all the suggested payments on time with a minimum payment of 15% of initial outstanding (principal). Interest Rate varies based on the risk profile of the customer.
FlexPay is an offering from Vivifi India Finance Pvt. Ltd., a non-banking financial company (NBFC) registered with the RBI.
You can repay the instant cash loan along with interest conveniently in flexible payments over time. So, apply for an instant personal credit & use the funds for your needs.
Why use FlexPay?
Instant Credit Approval & disbursal : Get access to instant credit and Shop on UPI
Credit management : Check pending dues, review payment history, & track your spending
Quick payments : Make quick & easy merchant payments & send money to your friends & relatives instantly
No hidden Charges
Scan QR Code or Pay to UPI Id
Use instant credit on UPI to buy now & repay us the amount with minimal interest, anytime at your convenience.
FlexPay aims at replacing the traditional credit card experience with its quick & easy Buy Now Pay Later – digital credit solution. You can call it a personal loan app or an app that offers a quick cash loan. Avail instant credit on UPI, rewards, & more on FlexPay.
Documents Required for Verification:
• 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 validating your income
Eligibility Criteria for Loan
• Must be an Indian Citizen
• Must be above the age of 21
• Must have a minimum salary of ₹8,000
About Safety and Security : FlexPay is completely safe & secure. Information you share is encrypted & only used to verify your application.