Flipkart Personal Loan

E-commerce website Flipkart in partnership with Axis Bank is offering its customers a personal loan which can be availed by an individual to meet their personal needs. The loan amount ranges between Rs.50,000 and Rs.10 lakh with the repayment tenure between 6 months and 5 years. 

Flipkart Personal Loan Highlights

Loan amount 

Rs.50,000 - Rs.10 lakh 

Repayment Tenure 

6 months-5 years 

Interest Rate 

At the discretion of the bank 

How to Apply for a Personal Loan from Flipkart? 

Given below are the steps you will have to follow to apply for a personal loan from Flipkart: 

  1. You can apply for a personal loan by either visiting Flipkart or the Axis Bank website. 
  2. You can apply by providing important details such as your date of birth and PAN details. 
  3. Set up your account details which include your specific account number and the associated net banking or debit card credentials. 
  4. For verification purposes, please prepare your Aadhaar number and PAN card. 

Once your video KYC is done and all the details provided by you is verified, the loan amount will be disbursed to your bank account. 

Flipkart Personal Loan

Eligibility Criteria 

The eligibility criteria you will need to fulfil to apply for a personal loan from Flipkart is given below: 

  1. The borrower must be an Indian national. 
  2. The borrower's age should be between 21 and 55 years at the time of loan maturity. 
  3. The minimum monthly income required is Rs. 20,000. 

Factors that Determine the Loan Amount I will be able to Avail? 

There are various factors that will determine the loan amount offered by Flipkart. They are: 

  1. Your current association with the banking partner  
  2. Your needs and qualification  
  3. Your earnings Your ability to repay 

How to Check the Status of my Flipkart Personal Loan Application?

You can contact Axis Bank through the following channels: 

  1. Call Axis Bank at: 1860-419-5555 / 1860-500-5555 (Local charges may apply) OR visit: https://www.axisbank.com/contact-us? 
  2. Write to the Axis Bank at: https://application.axisbank.co.in/webforms/axis-support/index.aspx
  3. For assistance from Flipkart, please access the ‘Help Centre’ within the ‘My Accounts’ section on the Flipkart App.

Grievance Redressal 

In case of any grievance, you can follow the steps given below by getting in touch with the grievance officer who can help you with resolving your issue. The details are given below: 

Details for FAPL Grievance Redressal: 

Contact Person: Mr. Shremanth M  

Position: Senior Manager  

Address: Flipkart Internet Pvt Ltd Block B (Begonia), 8th Floor Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Varthur Hobli, Bengaluru East Taluk Bengaluru District, Karnataka: 560103, India  

Email: grievances@flipkartadvanz.com  

 Phone: 044-45614700  

Hours: Monday to Saturday (09:00 a.m. to 06:00 p.m.) 

Level 1 

Customers seeking personal loans from Axis Bank have various channels through which they can reach out to the bank for assistance, including phone calls, email, or by visiting branch or loan centers. Axis Bank aims to respond to customer queries within a maximum of 10 days. If a customer is dissatisfied with the response received, they have the option to escalate the complaint to Level 2. 

Contact Information: 

Call Centre Numbers: 1860-419-5555, 1860-500-5555 

Email: email.services@axisbank.com 

Axis Support: Visit https://application.axisbank.co.in/webforms/axis-support/index.aspx  

Branches/Loan Centres: Customers can locate the nearest branch or loan center by visiting the ‘Locate Us’ section of the website (www.axisbank.com). 

Level 2 

If a customer remains dissatisfied with the resolution provided at Level 1, they have the option to contact the bank's Nodal officers for further assistance. The bank commits to responding within 10 days, and if the customer finds the response unsatisfactory, they can escalate the matter to Level 3. 

Customers can reach out to the Nodal Officer via email, letter, or phone call: 

Detail 

Email 

Call 

Name: Mr. Ashok SunarDesignation: Asst Vice PresidentAddress: Axis Bank Limited, NPC1, 5th Floor, Gigaplex, Plot No I.T.5, MIDC, Airoli Knowledge Park, Airoli, Navi Mumbai - 400708 

nodal.officer@axisbank.com  

Phone number: 080-61865200Timings: 09.30 a.m. to 05.30 p.m.Monday to Saturday (except 2nd and 4th Saturdays and bank holidays) 

Level 3 

If the customer remains unsatisfied with the resolution offered at Level 2, they can escalate the matter to the bank’s Principal Nodal Officer through the channels provided below. 

Detail 

Email 

Call 

Name: Mr. Parag DeshpandeDesignation: Senior Vice President - IIAddress: Axis Bank Limited, NPC1, 5th Floor, Gigaplex, Plot No I.T.5, MIDC, Airoli Knowledge Park, Airoli, Navi Mumbai - 400708 

pno@axisbank.com  

Phone number: 080 61865098Timings: 09.30 a.m. to 05.30 p.m.Monday to Saturday (except 2nd and 4th Saturdays and bank holidays) 

If your query or complaint remains unresolved after 30 days, you can file a complaint through the Complaint Management System (CMS) portal under the Reserve Bank-Integrated Ombudsman Scheme (RB-IOS). 

FAQs on Flipkart Personal Loan

  • Which lender powers the Flipkart personal loan scheme?

    The lender for personal loans on Flipkart is Axis Bank Ltd. 

  • How can I figure out my flipkart personal loan's interest rate?

    Throughout the loan process, the loan amount, rate of interest, loan tenure, and EMI amount will be visible. 

  • How long does it take to receive a flipkart personal loan?

    The loan will be deposited into your bank account within 12 hours of a successful Video KYC.  

  • Does obtaining a personal loan require the provision of any security or collateral?

    No, to obtain a personal loan, you are not required to offer any security or collateral. 

  • What should I do since I did not receive an OTP via SMS for the Aadhaar confirmation?

    To receive an OTP, your cellphone number needs to be seeded with Aadhar. You can give it another go later. Please get your cellphone number registered with Aadhar if it isn't already. 

  • Can I modify my personal loan's repayment date?

    For a personal loan, the EMI payback date cannot be altered. 

  • What are the maximum and minimum repayment terms?

    For non-Axis Bank customers, the product's repayment period can be between 6 months and 36 months, while for existing Axis Bank customers, it can be between 12 months and 60 months. 

  • What is E-NACH? How long is the validity of my E-NACH?

    The Electronic National Automated Clearing House is called E-NACH. This makes it possible for consumers to make regular reparation payments to financial institutions like banks and NBFCs. The amount is withheld for a specified number of months based on the chosen EMI repayment period. 

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