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What Employers should know about FlexSalary Salary Advance Loans?

The concept of Salary Advance is ruling the market by extending monetary support for all salaried professionals. It's not uncommon that employees look out for some financial aid. Following the trend, FlexSalary too gives salary advances for all professionals, but with better benefits. This is what sets us apart from the flock. Let's tell you more about us.

FlexSalary is a FinTech, which offer loans on salary for salaried professionals. Our Salary advance loans are unsecured line of credit loans which are built in flexibility.

So, what are Unsecured Salary Advance Loans?

Line of credit loans or Salary advance loans are open-ended credit loans, where one can borrow money and keep using it forever by making minimum repayments. Likewise, loans on salary from FlexSalary too are flexible, both in tenure & repayments.

If your employee is looking for an instant financial aid, FlexSalary will extend monetary support to make him meet his needs. With loans on salary, your employee can borrow any amount from Rs. 4,000 to Rs. 200,000, and can use where ever they want. Moreover, they don�t need to pay interest on the whole loan amount but only on the used sum. Let�s explain you a bit better.

For an instance, If X borrows Rs. 5000 and only uses Rs. 2000, the interest is charged only on Rs. 2000 and not on Rs. 5000.

Awesome Right!

In similar fashion, FlexSalary Salary Advance Loans boast many more benefits for its consumers; like Same-day approval*, flexible repayment tenure, & Easy EMIs. Loans on salary here are revolving, meaning we allow our customers to spend the amount, repay it in flexible tenure by making minimum payments to replenish the credits and spend it again. This never ending cycle of credit helps our consumers to have monetary backup every time.

Join the Revolution of Salary Advance Loans today!

Apply Now and get a loan up to Rs. 2 Lakh

Salary Advance App from FlexSalary

To make things easier and more agile, FlexSalary launched Salary Advance App for android and iOS platforms. FlexSalary uses data driven algorithm to provide best experience to the users - in need of Salary Advance Loans through App.

Do more with FlexSalary. Download our Salary Advance App

Features of Salary Advance Loans

Apply once. Withdraw Anytime, Anywhere!
Same-day Approval*
Lifetime Validity
Withdraw Anytime
Pay interest only on the amount used, not on the total sum
Interest @ Rs.10/day for Rs. 10,000/-

Benefits of Loans on Salary

Same-day Approval*
No-burden of one-shot repayment. Flexible repayment tenures
Get 50% of your salary as a loan
Easy online application. Minimal Documentation
Unsecured loan. No gurantor or security required
Secured & Agile process

Eligibility Criteria for Loans on Salary

Age: Minimum 21 years & Maximum 55 years.
Employed Professional
Resident of India

Get hassle-free urgent cash loan from as low as Rs. 4000 to Rs.2 Lakhs from www.flexsalary.com

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*Same-day loan approval is only possible when Electronic Bank Verification (EBV) is done

FAQs

You can apply for our personal line of credit either through our website or any of our android or iOS apps.

FlexSalary requires your:

Identity proof
PAN card
Address proof
Bank statements
Payslips
Photo

No. Only salaried individuals with a minimum salary of INR 8,000 can apply for a FlexSalary personal line of credit.

You must be an Indian citizen with minimum of 18 years of age to be eligible for FlexSalary's personal line of credit.

FlexSalary personal line of credit is approved almost instantly.

You can borrow as low as INR 4,000 and up to INR 2,00,000.

The loan tenure is up to 3 Years (Open-ended).

No. You don't have to provide any security or collateral to get approved for a personal line of credit from FlexSalary.

FlexSalary doesn't charge any penalty for prepayment of your loan.

FlexSalary has no restrictions on how you make use of your personal line of credit amount. You can use it for your child's fee payment, upgrading your home or even a holiday.

Electronic Bank Verification is a revolutionary process used by banks, lenders and other financial institutions to verify the financial status of a potential customer. While applying for a personal line of credit, you can choose the EBV option instead of 'Upload Your Documents' option to get instant loan approval.

Your application will be rejected straightaway if your profile doesn't meet our eligibility criteria requirements.