Bajaj Finserv to offer hybrid loan to its premium clients
By Vaibhav Aggarwal
Jun 20, 2012
Print    Email    RSS   
Bajaj Group owned non banking financial company (NBFC), Bajaj Finserv launched a hybrid product for its current premium clients. Flexisaver will be available to existing borrowers with ticket size greater than 1 crore.

The facility would be available online, and provide a mix of term loan and revolving credit. This means the clients can have flexibility in servicing or drawing down their term loans.

Another benefit of Flexisaver would be that client's excess funds can be transferred to the loan account to bring down the interest. Interest is charged only on the utilized amount of the loan.

The NBFC would offer the scheme only for the customers who have a loan size greater than Rs. 1 crore and are with the bank for more than last 6 months.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Need of Financial inclusion: making the...
What to look for while taking a personal loan
Get a loan to meet your any personal need
Winning in Emerging Markets by Tarun...
Central Bank of India ordered to return...

Wickr ID :::gblghl2;;;;GBL Gamma Butyrolactone Wheel...
HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive