Personal loans can be used to consolidate debts, cover unexpected medical expenses, renovate a home, fund education, fund a dream wedding, or for any other personal purpose.

The following are the criteria for applying for a personal loan:

• One must be an Indian citizen with a minimum age of 21 years.
• One must have been employed for at least one year.
• The minimum monthly salary should be Rs. 15,000 (this should be reflected in bank statements).
• A CIBIL score of 650 or higher.

One can apply for a personal loan at our partnered NBFCs through Flexifincorp's subscription plan. Apply Now

A credit score of 650 or higher is usually required to apply for a personal loan.

After submitting your application and all required documents, your personal loan will be approved within 1-7 days. The final approval/loan sanction will be based on your profile and the eligibility criteria of the NBFC. Disbursement will take place a couple of days after that.

Yes, your CIBIL score is one of the important factors considered by lenders when approving a loan.

Only if you invest in a business or buy or renovate a residential property. For more information, please contact your CA or tax advisors.

Absolutely! Through our subscription plan, you can apply for a personal loan at our partnered NBFCs.

Yes! You can use a personal loan to pay off your education loan or any other debt.

• CIBIL score
• Age of the applicant
• Income proof and stability.