If you are not able to start a small business due to lack of money or are not able to expand your small business, then in this article we willFlexible App Will give information about. Which mainly provides loans up to Rs 1 crore in easy monthly installments to small traders.business loanProvides facility.
In this article, we will know in detail about how to take loan from Flexi Loans, eligibility for loan from Flexi Loans, interest rate of Flexi Loan, loan repayment period, features of Flexi Loan, etc.
Without wasting time let’s know thatHow to take business loan from Flexi Loans?
What is FlexibleLoans App?
Flexi Loans App is an online business loan application that provides instant business loan facility to small and medium scale businessmen to start or expand their business without any hassle. With the help of this application, you can get a business loan up to Rs 1 crore without mortgaging any property.
FlexiLons App was launched on Google Play Store on 25 September 2017 by FlexiLoans Technologies Private Limited. Whose headquarters is located in Mumbai. The co-founders of this company are Abhishek Kothari, Manish Lunia and Deepak Jain.
Since the operation of this company, more than 5 lakh people have downloaded this app and more than 10 thousand people have given this app a rating of 4.6/5.
IS FLEXILOANS APP SAFE?
Flexi Loan App is registered by Non-Banking Finance Company (NBFC) and RBI, so it follows the rules made by RBI. Therefore we can say that this loan application is completely safe and reliable.
main point | Flex Loans App Details |
app name | FlexiLoans: Instant Small Business |
Types of Loan | Business Loan |
company’s name | FlexiLoans Technologies Private Limited |
Flexi App Headquarters | Mumbai, Maharashtra |
Founder and CEO of FlexiLoans | Abhishek Kothari, Manish Lunia, Ritesh Jain and Deepak Jain |
installation of app | 25 September 2017 |
total downloads | more than 5 lakhs |
Rating on Play Store | 4.6/5 |
Key Features of Flexi Loan
The main features of flexi loan are as follows.
- Facility of business loan without security.
- Less documents required.
- The loan process is completely online.
- The loan process is done under RBI rules, so the data is completely secure.
- Transparent loan charges: Whatever charges are levied are disclosed at the time of loan approval.
- Facility to call for any loan related queries.
- Loan facility at initial interest rate of 1% per month.
- Easy facility to make weekly, monthly EMI payments.
- Facility to take loan from Rs 50 thousand to Rs 1 crore.
- After the loan is approved, the loan amount is transferred to the bank account within 24 hours.
Documents required to take loan from FlexibleLoans App
To take loan from Flexi Loan, you require the following documents.
- KYC Documents:PAN card
- Address proof: Rent Deed, Driving License, Voter ID Card, Ration Card, Passport
- Bank statement: Bank statement of last 6 months current account.
- Business KYC Documents:GST Registration Certificate, Shop Act Certificate
- Financial Documents: Last 2 years financial audit report, last 2 years ITR returns and last 6 months GST returns
Eligibility to avail business loan from FlexibleLoans App
To take a business loan from Flexi Loans App, one should have the following eligibility.
main point | Flexilon Business Loan Eligibility |
age limit | 21 to 65 years |
Eligible Institutions | SMEs, MSMEs, Individual Businesses, Sole Proprietorship Businesses, Partnership Firms, Private Limited Companies, Retailers, Manufacturers, Services, etc. |
business status | At least 1 year old business with profit. |
business experience | 2 years of business experience at one place |
annual business turnover | Minimum Rs 10 lakh or more |
credit score | more than 650 |
Citizenship | Indian |
Additional Qualifications | The loan applicant must have a house, shop or warehouse. |
How to take loan from FlexibleLoans App?
To take a business loan from FlexiLoan App, follow the steps given below.
- First of all, download and open Flexiloans App in your phone.
- After this click on Get Start option.
- Now the app will ask you for some permissions, allow it.
- Now enter your mobile number and click on Verify option.
- You will receive an OTP on your given number, enter it to verify.
- After this enter your name and email ID and click on Submit button.
- After this, fill the amount of business loan you require and click on the Check Loan Eligibility button.
- Now the Loan Application Form will open in front of you in which you have to fill some basic information. As-
- Gender
- your date of birth
- Your business’s total monthly sales
- How old is your business?
- Do you have a current bank account?
- Does your business have GST registration?
- What is your occupation?
- Pin code of your business location.
- home pin code
- Do you live in a rented house or your own house?
- The place where you do business is whether you own or rent it.
- Enter your PAN card number.
- How is your business registered i.e. small business or big business.
- After filling all the information, check your eligibility. If you are eligible for the loan then upload and submit all your mandatory documents.
- After submission, your profile will be reviewed by Flexiloans App.
- After all the information and documents are found correct, your loan will be transferred to your bank account in the next 48 hours.
In this way, you can take business loan from FlexiLoans by following all the processes given above.
Customer Care Number of Flexi Loans App.
For all kinds of questions related to flexi loans, you can contact us through the contact given below.
Customer Care Number | 022-6821-9546 (Time:10 AM to 7 PM) |
Email Address | connect@flexiloans.com |
Official Website | https://flexiloans.com/ |
Corporate Office Address | Epimoney Pvt Ltd / FlexiLoans, 7th Floor, South Annexe, Tower 2, One World Center 841, Senapati Bapat Marg, Saidham Nagar, Lower Parel, Mumbai – 400013. |