Flexsalary loan apply - Interest rates, Eligibility, review

Flexsalary Personal loan 

    Flexsalary is a  personal credit line providing Product of Vivifi India, an NBFC registered on Jan 9, 2016, with the RBI as most of the personal loan sector in India is unorganized. Vivify India was started by Anil Pinapala and Srikanth Kompella with a vision to offer to provide financial products to customers across the credit spectrum with a focus on unserved people.

 Flexsalary has become one of the fastest Telangana-based fintech firms in a short span of time and has distributed more than 100crores, with 3500 Plus loans. With more than 7000 new loan applications received in a month for Flexsalary personal loan, and has more than 97% of its existing customers retaking loan.

how to apply for flexsalary personal loan, eligibility, interest rates and contact nummber of flexpay

    Flexsalary is an online personal loan provider platform, providing a wide range of products to address the needs of individuals. With Flexsalary you can easily apply for an unsecured personal loan right from your living place. No bank visits, No standing in lines, with minimal documentation and a very easy process to apply, the approval rate is very high.

   Flexsalary provides both personal loans and salary advances, for individuals to use for various needs to pay for your emergency medical expenses, to pay off your vehicle EMIs, to head off to your dream vacation, Pay off your credit card dues, To pay your tuition fee.

FlexSalary Features

Flexsalary offers a wide variety of features for your financial needs
  • Provides both Salary Advance and Personal Loans.
  • One time application.
  • No collateral or security is required.
  • A complete paperless process.
  • Minimum documents are required.
  • No loan Re-payment penalties for a salary advance.
  • Quick Cash disbursals.
  • An unsecured loan can be applied 24x7. 

Documents required for FlexSalary personal loan

  • Aadhar card.
  • PAN card.
  • Address proof.
  • Three-month Salary slips are required.
  • Photos of the applicant(Selfie).
  • Netbanking verification of the bank is required.

To apply for MoneyTap personal loan "Click here"

Eligibility for Flexsalary personal loan

  • Should be an Indian citizen above 21 years of age
  • Should be a salaried individual
  • Monthly income of above Rs.8000

Flexsalary Interest rates and Fees

  • Interest rates are up to 36% P.a
  • An Inline usage fee of 1.75% per month with GST 
  • A one-time processing fee os Rs.650 including GST
  • There is no late payment fee for Salary advance
  • The late payment fee can be up to 5% for a personal loan.

Example of Flexsalary personal loan 

    If you take a loan amount of Rs.8000, with an interest rate of 35% for a duration of 30 days. Then the initial processing fee would be Rs.650(one-time fee) with GST and the interest amount that you would be paying is Rs.230.

Flexsalary personal loan

  • You can take a Loan amount varies from Rs.4000 to up to Rs.2,00,000
  • The interest can be maximum up to 36%
  • The duration of the loan can be from 30 days to up to 3 years.
  • The processing fee is Rs.650
  • There is a late payment fee of up to 5% of the outstanding amount
  • Re-payment can be done directly done through a bank account or from Paytm.
  • You can visit the official website by "Clicking here"

Steps to apply for Flexsalary personal loan 

How to apply for Flex salary personal loan in easy steps
  • You can visit the official www.flexsalary.com or download the app from the play store.
  • Register for a new account and fill in the details
  • Upload the necessary documents
  • Apply for the loan amount that you wish to take
  • Once approved you will get the loan amount credited into your bank within a few hours 
  • You can easily repay the loan amount by auto-debiting, bank transfer or by Paytm.

Flexsalary customer care details

     Flexsalary customer care number is +91-4046175151, You can even contact on WhatsApp:+919908935151, and you can contact through mail: support@flexsalary.com.

Conclusion (Personal review)

   With more than a million downloads on Playstore, it one of the most reliable apps around. They disburse loan very quickly and the customer care response is also quick, The interest rates are high and there is a limited loan that you can borrow. For a salary advance, this company is very good as there is no late payment.

I hope you find this information regarding "Flexsalary personal loan" is helpful. Feel free to share it with your friends and family if you find it helpful.

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