Get instant funds for emergencies with 24x7 FlexiCredit
3 min read
May 6, 2024
The 24x7 FlexiCredit is an overdraft facility for customers who have a salary account with Axis Bank. Avail this overdraft facility for instant and flexible fund requirement. Following is a fictional account of how a customer used Axis Bank 24x7 FlexiCredit to his benefit.
I am basically a corporate employee leading a decent life in the metropolitan area. To become wealthy, I used to allocate and save a portion of my earnings, like any normal middle-class man would do. However, in the blink of an eye, my life took an unexpected turn when my father suddenly fell ill and required immediate hospitalisation. It was a distressing moment for me and my family. It was a minor heart stroke but required care and hospitalisation, considering his age and other health factors.
My father has always been a pillar of strength and wisdom. So when the doctors informed us that he needed urgent medical attention and hospitalisation, I was in great mental distress. Considering the gravity of the situation, my mind raced with various concerns and the financial burden of the treatment was one of them.
The hospital bills were mounting with each passing day and the treatment costs were escalating. We were in a precarious situation and needed a substantial amount of money instantly. I had already used my emergency fund of ₹4 lakh but needed ₹5 lakh more. I was about to sell off my investments for quick funds when my cousin suggested taking advantage of the 24x7 FlexiCredit facility from Axis Bank.
I have a salary account with Axis Bank and found it to be a good option for my urgent financial needs. The application process was also entirely online and digital, thus saving me from running from pillar to post and making multiple visits to the bank. The application process was convenient and hassle-free. Within moments, we had submitted the necessary documents and awaited approval with bated breath.
To our immense relief, Axis Bank wasted no time in processing our application. Its efficiency was remarkable and the funds were swiftly disbursed into our account. It was a moment of profound gratitude and relief. We were relieved and could now focus all our energy on ensuring my father's speedy recovery without the burden of financial stress holding us down.
Looking back, I am filled with immense gratitude for Axis Bank's unwavering support during our hour of need. Its 24x7 FlexiCredit instant overdraft facility on salary accounts up to ₹5 lakh proved to be a lifeline, offering a quick and hassle-free solution to our financial predicament. Thanks to its timely intervention, my father received the best possible medical care and today, he is on the road to recovery. His indomitable spirit is shining brighter than ever.
In times of crisis, it is reassuring to know that there are institutions like Axis Bank that genuinely care about their customers' well-being. Its commitment to excellence and prompt support makes it more than just a bank; it is a trusted partner in life's most challenging moments. For anyone facing a similar situation, I wholeheartedly recommend Axis Bank's 24x7 FlexiCredit facility – a beacon of hope in the darkest of times.
Also Read: How to get instant funds based on your Salary Account?
Features of 24x7 FlexiCredit Overdraft facility
- Entirely online and digital application process
- Limit based on your salary and credit profile
- Interest only on the amount utilised
- Affordable loans at very competitive interest rates
- Access to overdraft facility
- Prepayment and part payment allowed without any additional charges
- Zero documentation requirements
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
