|Name of Organization||Flexsalary|
|Full Name of Organization||Vivifi India Finance Private Limited|
Vivifi India Finance Private Limited - Product Features
|Min. financing amount||2000 INR|
|Max. financing amount||200000 INR|
|Max. financing amount||30 days|
|Approval duration||Average time from 2 to 12 hours|
Fees & Charges
|Debt consolidation||Information on debt consolidation is not listed on the site. You need to contact representatives of the organization through any source and clarify|
|Processing fee||One-time fee is not charged when making a loan|
|Stamp duty||Stamp duty is not provided in the organization|
|Annual fee||Annual fee ranges from 180% to 365% depending on the percentage under which you borrowed|
|Other fees||Other fees are not listed on the site. However, when applying for a loan, you can include insurance or any other services. For more information, you need to consult with representatives of the organization.|
|Early settlement||Early debt settlement does not charge you extra fees. For more information contact the credit organization.|
|Late payment charges||6% of overdue amount|
|Other penalties||Not provided|
|Need to bind a bank account||No|
|Other details||Payment on the loan occurs through a bank card|
Flexsalary India is a digital financial services platform that provides short-term loans and micro-savings to working professionals in India. The company was founded by two IIT Mumbai alumni in 2017, with the mission of helping individuals bridge their monthly expenses and build a secure financial future. Flexsalary leverages its proprietary risk scoring algorithm to provide timely, equitable, and affordable access to credit for underserved populations.
Flexsalary India has partnered with several financial institutions and NBFCs throughout the country, enabling it to offer competitive interest rates on its loan products. In addition, Flexsalary’s mobile app offers customers an intuitive interface for managing their finances, including budget tracking tools and customized loan offerings based on individual needs. Using its sophisticated analytics platform, Flexsalary also provides personalized savings recommendations tailored to each user’s individual goals.
Is Flexsalary legit?
Flexsalary India is a legitimate digital financial services platform that strives to provide its customers with access to short-term loans and micro-savings. The company was founded in 2017 by two IIT Mumbai alumni, and since then it has been providing innovative solutions that help individuals bridge their monthly expenses and build a secure financial future.
The company has partnered with several financial institutions and NBFCs across India and offers competitive interest rates for its loan products. Furthermore, Flexsalary’s mobile app provides an intuitive interface for customers to manage their finances, allowing them to track their budget and access customized loan offerings depending on their individual needs. The app also allows users to set savings goals and receive personalized recommendations from the sophisticated analytics platform.
How do I get a loan in Flexsalary?
To apply for a loan in Flexsalary India, you will need to provide certain information such as your name, contact details and employment status. Once you have submitted this information, the company’s proprietary risk scoring algorithm will evaluate your eligibility for a loan. If approved, you can then proceed to select the loan amount and repayment duration that best suits your needs.
Once you have made your selection, Flexsalary India will review your application and verify the details provided. Upon approval of the application and validation of all required documents, the loan amount is transferred directly to your bank account within minutes. The company also provides an easy-to-use mobile app that allows users to track their loans as well as receive personalized savings recommendations based on their individual goals.
Flexsalary India offers competitive interest rates on its loans and provides flexible repayment options that can be tailored according to each customer’s financial situation. Furthermore, the company also offers free credit counseling services to help customers understand their finances better and make more informed decisions about their loan applications.
Cash Loan Requirements
The requirements to obtain a Flexsalary India Cash Loan vary depending on individual circumstances. Generally, applicants are required to meet certain eligibility criteria such as having an active bank account, being of legal age, and having a steady source of income. Applicants must also provide detailed financial documents such as their bank statements and proof of identity for verification purposes.
In addition to the above, Flexsalary India also requires its customers to have a valid credit score that is not lower than 650 in order to be approved for a loan. Moreover, applicants must also have an adequate amount of disposable income that can cover the repayment amount each month. This helps ensure that the loan will be repaid in full and on time.
In order to make sure that loans are provided responsibly and responsibly managed, Flexsalary India has implemented comprehensive risk management tools such as affordability checks and automated decisioning technologies. These tools help ensure that customers receive loans that are both suitable for their financial situation and can be reasonably repaid within the agreed upon time frame. In order to protect its customers from over-borrowing, Flexsalary India has also put in place various measures such as capping maximum loan amounts and limiting the maximum number of loans per customer.
Flexsalary loan interest rates
Flexsalary India offers competitive interest rates on its loan products. Depending on the customer’s creditworthiness and repayment capacity, the interest rate can range from 12% to 36%. The company also provides an easy-to-use mobile app that allows customers to track their loans as well as receive personalized savings recommendations based on their individual goals. Furthermore, Flexsalary India also offers flexible repayment options that can be tailored according to each customer’s financial situation.
To ensure a fair and transparent loan approval process, Flexsalary India uses advanced algorithms to assess a customer’s creditworthiness before offering a loan with the best suitable terms and conditions. These algorithms consider factors such as the applicant’s income, current financial situation, credit score, repayment capacity and other risk assessment criteria to determine the eligibility of an applicant and the appropriate interest rate for them.
In order to protect its customers from over-borrowing, Flexsalary India has also put in place various measures such as capping maximum loan amounts and limiting the maximum number of loans per customer. Additionally, it has implemented comprehensive risk management tools such as affordability checks and automated decisioning technologies which helps ensure that customers receive suitable loans that can be reasonably repaid within the agreed upon time frame.
Overall, Flexsalary India is committed to providing responsible lending solutions that help individuals build a secure financial future. With its competitive rates and flexible repayment terms, it is an ideal choice for those looking for fast loans securely and conveniently.
Flexsalary Loan Calculator
Flexsalary India’s loan calculator is an easy-to-use tool that helps customers understand the cost of their loan. It allows users to customize the repayment period, choose between fixed and variable interest rates, and determine the total amount payable at the end of the loan term. With this calculator, customers can easily calculate their monthly instalments and estimate their potential savings based on different repayment options.
Using Flexsalary India’s loan calculator is simple and straightforward. Customers start by entering the loan amount they wish to borrow and selecting their desired repayment period. Then, they can select from a range of different interest rate options such as fixed or variable rates. The calculator will then generate a detailed break down of all applicable fees associated with the loan including processing fees, late payment charges, early settlement fees etc., which will help customers understand exactly how much they will end up paying for their loan.
The Flexsalary India Loan Calculator also includes advanced features such as tools to compare different repayment options in order to find ones that offer more favourable terms and conditions. This helps customers make well-informed decisions regarding loans that fit their needs best while minimizing total costs. Furthermore, this calculator also provides an overview of estimated savings over time so customers can have a better understanding of how much they are likely to save when opting for an early settlement or opting for a longer term loan with lower interest payments in installments.
The Flexsalary India Loan App is a powerful and intuitive mobile finance tool that helps customers take control of their finances. With this app, users can apply for loans in just minutes, track the status of their loan applications, view their current loan balances, and make payments online. The app also provides detailed insights about an individual’s credit history, helping them make informed decisions about their future finances.
Flexsalary Customer Service
Flexsalary India is dedicated to providing the highest level of customer service. The company offers a variety of support options to help customers manage their finances and make informed decisions about loans. Customers can contact Flexsalary’s team of experienced loan experts via email, phone or chat for answers to any questions they may have about loan eligibility, interest rates and repayment terms. Customers can also access detailed information on loan products and services through Flexsalary’s online Knowledge Centre.
How to pay loan
Paying a Flexsalary India loan is easy and straightforward. Customers can make payments online via debit card, credit card, or net banking. They can also set up an auto-debit facility for uninterrupted loan repayments. All transactions are secure and encrypted to ensure the customer’s privacy and security. Additionally, customers have access to their
How to take a loan in Flexsalary ?
- Fill in the application for a loan.
- Confirm the offer. The offer is signed by an SMS code sent to your Get the solution instantly!
- Transfer money to a bank account or card in one day!
Additional conditions for granting loans:
- the whole process through the Internet, without leaving home;
- for Filipino citizens who have reached the age of 21 (majority);
- the presence of a permanent registration in the territory of the India;
Reasons for a loan denial:
- Poor credit score
- You are blacklisted, on debt review or had a judgement against your name
- You don’t have enough income for the loan you requestedd
- Poor track record of credit card or loan repayments