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Flexi Loan

In our life nothing is fixed, then why should our loan come with a fixed structures? Aren't you stressed with having no flexibility. Don't you wish your loan repayment to be hassle-free and convinient?

Well, it's about time you fixed it!

Introducing Flexi loan, a facility that will enable you to withdraw funds as per your need and repay when you can with the added benefit of interest being charged only on the utilised amount. Flexi loan fecility is available with Personal Loan (PL), Business Loan (BL), & Short Term Unsecured Loan (STUL).

What's more you can entirely manage your Flexi Loan through an easy and convinient mobile app.

What does our Flexi Loan offer you?

Flexi repayment options

Flexi repayment options

PL BL STUL

PL credit line upto 7 years

BL credit line upto 4 years

STUL credit line upto 5 years

Interest pay on amount

Interest is to be paid only utilised amount

multi withdrawals

Multiple withdrawals are available

No part pay charge

No partial repayment charges

no need sec

No need for Collateral/Security

How can our intutive mobile app help you?

part_payment Part Payment
account_summary Account Summary
Withdrawals Withdrawals
24X7Availability 24 X 7 Availability
transact_easily Transact Easily

Download ABFL Mobile app NOW! transact_easily transact_easily

Annual Maintenance Charges PL BL/STUL
For Flexi Loan facility only

0.25% on total
withdrawal/withdrawable amount irrespective of utilisation on the date of levy of such charges + GST

Withdrawal/Withdrawable amount – Dropline balance on the date of levy of charges, i.e. Principal outstanding on the date of levy of charges as per repayment schedule on disbursement of loan.
For Flexi Loan facility only

0.50% on total
withdrawal/withdrawable amount irrespective of utilisation on the date of levy of such charges + GST

Withdrawal/Withdrawable amount – Dropline balance on the date of levy of charges, i.e. Principal outstanding on the date of levy of charges as per repayment schedule on disbursement of loan.