Get Flexi Credit up to ₹9 lakhs
✔️Instant disbursal ✔️100% online process
Short Term Loans - Airtel Flexi Credit
Airtel Flexi Credit also offers short-tenure loans to users who are looking for a quick and flexible way to get financial assistance. Choose your own credit amount and EMI repayment options so that paying back your short-term loan is effortless. Now get credit with low interest rates approved in an instant, with Airtel Flexi Credit.
Benefits of Short-Term Personal Loan
Get a loan on your terms. Choose from flexible EMI and tenure options.
100% digital process
Submit details online
Instant Loan approval
Get approval in mins!
Flexible EMIs and tenure
Choose your tenure & EMI
How to apply for a Short term Loan?
Follow the simple steps mentioned below
Open Airtel Thanks App
Find Shop > Airtel Finance
Select Flexi Credit
Fill in your basic details
Get best offer
Basis profile verification
Complete the KYC
Link your bank account
Short Term Loan EMI Calculator
Calculate your Short Term Loan EMIs and interest rate easily using the Short Term Loan EMI calculator.
Adjust the tenure and loan amount to know the average interest amount.
Short Term Loan amount
Enter the loan amount
Choose your tenure plan
Rate of interest
Adjust your interest rate
Features of Short term Loan
With Airtel Flexi credit you get below
Personal loan amount
₹10,000 to ₹9,00,000
Starting from 11.5% p.a.
Personal loan tenure
03 to 60 months
Within 24 hours
Low processing fee
2% to 4% + GST
Short term Loan Eligibility Criteria
One must be between 21 to 65 years of age to be eligible for a short term loan.
Flexible employment typeShort term personal loans from Airtel Flexi Credit are available for salaried and self-employed individuals
Monthly income criteriaAnyone with a monthly income of ₹13,500 or more can apply
Short term loan limitIf you are looking for a loan between ₹10,000 to ₹9,00,000, then Airtel Flexi Credit is perfect for you!
Short Term Loan- FAQs
What are short term loans?
What is the loan amount that is given for short term loans?
How do I repay my Airtel Flexi Credit loan amount?
Is there any collateral needed for a short term loan?
What is the tenure for a short term loan?
What are the interest rates offered by Airtel Flexi Credit for short term Loans?
How to apply for a short term loan?
Step 1: Download the Airtel Thanks app and login using your mobile number.
Step 2: On the app, go to the loans section and apply for one.
Step 3: Enter PAN details to get the best offer.
Step 4: Now, enter bank details to receive the loan amount.
What is the due date for paying my EMI?
What are the eligibility criteria to avail of a short term loan?
. The applicant should be an Indian citizen.
. The applicant’s age must be between 21 to 60 years.
. The applicant should be employed or salaried in a reputed firm.
. The applicant should be earning a minimum salary amount that is different for each state and lender
What are the pros of short term loans?
Quick approval and disbursal: Short term loans are typically approved faster sometimes within a few hours. This can be helpful in case of emergency expenses or unexpected cash flow issues.
No collateral required: The majority of short term loans do not require any collateral, which makes it easy to get for most individuals and businesses.
Improve credit score: Timely repayment of short term loans can help improve the borrower's credit score. Flexible repayment options: Short term loans may offer more flexible repayment options compared to other types of loans, which allows borrowers to repay the loan in smaller instalments or in lump sum amounts as per their financial situation.
What is the penalty for delay in clearing short term loans?
What is a short term loan?
It is a type of loan that is designed to be repaid in a relatively short period of time, typically within a few months to a year. The loan provides the borrower with quick access to funds to meet urgent or unexpected financial needs. Short term loans can be useful for individuals or businesses that need to cover unexpected expenses or manage cash flow issues, and they are often used for things like paying bills, covering payroll, or purchasing inventory.
Eligibility Criteria for a short-term loan
In order to apply for an Airtel short tenure loan online, you need to fulfil the eligibility criteria mentioned below:
- The age of the applicant must be between 21 to 60 (for some cases the upper age can be 65) years.
- The indiviudal should be either salaried or self-employed.
- Minimum monthly income should be more than ₹13,500 or ₹15,000 depending on the lender.
Factors affecting short term loans
There are several factors that can impact an individual's eligibility for a short term loan. Here are some of the most common factors:
Credit Score: A good credit score can increase the chances of being approved for a short term loan. We at Airtel, use credit scores to assess a borrower's creditworthiness and ability to repay the loan.
Income: The lender may consider an individual's income to determine if they can repay the loan.
Debt-to-income ratio: An individual's debt-to-income ratio which is the amount of debt owed compared to income earned, to determine if they have the ability to repay the loan is considered.
Loan purpose: The purpose of the loan may also impact eligibility. The lender may require a specific loan purpose, such as for business expenses or education.
Features of short term loan
Convenient: Airtel short tenure loans are accessible through the Airtel Thanks app and mobile browser. This makes it easy and convenient for borrowers to apply for short tenure loans and manage their loans.
Fast disbursal: Airtel short tenure loans are disbursed quickly, often within a few minutes of approval, providing borrowers with the funds they need.
Flexible repayment options: Airtel short tenure loans offer flexible repayment options, allowing borrowers to choose a repayment plan that suits their financial situation.
Competitive interest rates: Airtel short tenure loans offer competitive interest rates, which can be lower than other short term loan options.
Eligibility criteria: Airtel short tenure loans have relatively simple eligibility criteria, which make it easy for borrowers to qualify for the loan.
Why choose Airtel Personal Loan?
You can choose Airtel Personal Loan for its quick and hassle-free application process, low-interest rates, flexible repayment options, and no hidden charges. With instant approvals, it's a convenient way to meet your financial needs.
Articles related to Personal Loan
How to get a personal loan with low CIBIL score?
Life is indeed unpredictable. Any financial expense or an event which requires you to shell out a decent sum of money can occur any time. ...Read MORE
Difference Between Secured and Unsecured Personal Loans
Many of us have to rely on credit to finance big-ticket items like a vehicle, home, or marriage. These items can be financed by taking a loan.....Read MORE
What are the tax benefits for Personal Loans?
According to a report by the Reserve Bank of India, personal loans account for 28% of total bank credit in India....Read MORE
What is the maximum and minimum tenure for a personal loan?
A personal loan can be used to consolidate your debt, finance your dream wedding, or renovate your house.....Read MORE
How to apply for a loan without income proof?
A personal loan is one of the easiest unsecured loans you can get for umpteen expenses....Read MORE
What are the Various Types of Personal Loans?
A personal loan is a broad term to describe any type of unsecured loan that you can use to pay for your expenses and debts....Read MORE