What is a Flexi Loan? How is it a Flexible and Convenient Solution for the New-Age Borrower?

Struck in a financial crunch? Don’t worry, there are many ways to counter a financial solution. One such way is by utilising your savings. But using your savings may leave you unprepared for unexpected problems that may arise in the future.

On the other hand, many people utilise their investments to save themselves from financial difficulties. But, by doing so, you are actually spoiling your investment goals.

What could be a better solution, then?

Applying for a Flexi loan can be a better solution when compared to both alternatives! When you have a Flexi loan by your side, you can use it whenever you have an urgent cash requirement, instead of using your savings and investments. Let us dive more and understand what is Flexi loan and how it can be a flexible solution for the new-age borrower.

What is a Flexi Loan?

A Flexi personal loan is a pre-approved cash limit that can be used whenever you are in dire need of money. The main advantage of availing a Flexi loan is you will be charged interest only on the amount that you have used instead of the entire approved loan amount. This way, the total interest that you need to pay will be reduced.

Are Flexi Loans a Convenient Solution for the New-Age Borrowers?

Here are a few reasons to justify the flexibility of a Flexi loan in comparison to other term loans:

  • Borrow funds only when you need them – Once the Flexi loan is disbursed, you can withdraw funds up to the maximum credit limit offered to you. Therefore, you are borrowing only the amount that you need and are hence, gaining control over the loan. In the case of a term loan, you get funds disbursed into your account all at once.
  • Repayments made easy with part-prepayments – Lenders who offer a Flexi loan provide customers with a flexible repayment option. You will pay interest only on the amount that you have withdrawn from your available credit but not on the total sanctioned loan amount. Moreover, with a Flexi loan, you can make part-prepayments when you have the funds, and therefore lower your interest as well.
  • Lower EMI – Since it is not necessary for you to withdraw the entire sanctioned loan amount, you can save a lot on the interest costs. This helps convert to lower EMI payouts every month, which in turn makes your monthly cash flows hiked up.
  • Hassle-free and instant financing – Without any lengthy paperwork, it is now easy to get a Flexi loan for salaried employees within a few hours. Lenders like FlexSalary offer instant financing without any waiting time whenever you need money urgently.

Based on the above discussion, the difference between a Flexi loan and a term loan can be clearly understood. So, avail yourself of a Flexi loan as it is the most flexible and convenient solution for the new-age borrower!


Applying for a Flexi personal loan through a Non-Banking Financial Company (NBFC) is one of the best options because the application process, approval and disbursal of credit happen instantly compared to the banks. So, if you are in dire need of money, avail a Flexi loan through one of the best NBFCs like Vivifi India Finance Private Limited.

Vivifi is registered with the Reserve Bank of India (RBI) and offers loans through one of its loan offering products called FlexSalary. FlexSalary provides a Flexi loan for salaried employees anywhere from a minimum amount of INR 4,000 to a maximum amount of INR 2,00,000 with a flexible repayment option and a flexible tenure.


1. What is a Flexi credit limit?

A Flexi loan is so similar to an overdraft facility. When you are approved for a certain credit limit, you can withdraw any amount up to the maximum credit limit offered to you to meet your urgent needs.

2. How quickly can my loan request get approved?

You can get cash in your account within a few hours after your loan approval.

3. Is any collateral required for Flexi loans?

FlexSalary offers a Flexi loan and is collateral-free. These loans are unsecured and so don’t require a guarantor.

4. Is everyone eligible to apply for a Flexi loan?

Only salaried professionals can apply for a Flexi loan with FlexSalary.

5. How will I know if I am eligible for a Flexi loan?

Check the eligibility criteria such as your age, occupation, and minimum income required to get a loan from FlexSalary. If you meet our simple eligibility criteria, then you can proceed ahead to apply for a loan.