Flex Credit: Credit Line

Flex Credit is a digital credit management application that helps users view, track, and manage an available revolving credit line in a clear and responsible way.

After completing an eligibility assessment, qualified users may be assigned an available credit limit within the platform. It can remain unused without any cost. Charges apply only when the credit line is actively used, helping users manage their credit usage more clearly.


Key Features

Credit Limit Overview
View your approved credit limit, current usage, and billing details in one place.

Flexible Credit Usage
Decide when and how much of your available credit line to use.

Transparent Pricing
All applicable costs and usage rules are displayed clearly before confirmation.

No Charges When Unused
If the credit line is not used, no fees will be applied.

Secure Data Protection
Advanced security systems and encryption technologies help protect user data and personal information.


Credit Line Details

Indicative Credit Line Range: INR 1,000 – INR 50,000
Maximum Usage Period: up to 365 days
Daily Usage Rate: up to 0.05% per day
Maximum Annualized Rate (APR): up to 18.25%
Service Fee: up to 1% of the utilized amount

The approved credit line remains available within the assigned limit and may be used again according to account conditions.


Example Cost Calculation

This example is provided for illustration purposes only to help explain how usage costs may be calculated.


Credit used: INR 10,000
Usage period: 100 days
Daily usage rate: 0.05%

Interest cost:
INR 10,000 × 0.05% × 100 days = INR 500

Service fee:
INR 10,000 × 1% = INR 100

Total repayment amount: INR 10,600

Charges are calculated based on the actual number of days the credit line is used. Actual costs may vary depending on the usage duration and account conditions.


Eligibility Requirements

To access features within the application, users must meet the following basic conditions:

Be at least 18 years old
Possess a valid identification document
Meet the basic eligibility criteria defined by the platform

Customer Support

If you have any questions, feedback, or require assistance, please feel free to contact our service team.

Customer service email: service@flexcreditapp.com