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How Bridge Loans Work – A Smart Option for Temporary Gaps

A man standing between two buildings labeled "Old Income" and "New Funds," crossing over a financial bridge labeled “Bridge Loan”.

How Bridge Loans Work – A Smart Option for Temporary Gaps

Vizzve Admin

You’re waiting for your salary, freelance payment, or property sale to come through.
But your rent, EMIs, or bills are due now.

That’s where a Bridge Loan steps in — to fill the financial gap temporarily.
At Vizzve, we help you bridge that short-term pressure, so you stay afloat — stress-free.

What is a Bridge Loan?

A bridge loan is a short-term loan, usually taken for 2 to 12 months, to help cover expenses while you wait for a confirmed source of money.

Common use cases:

Waiting for a property sale

Stuck between jobs or clients

Relocation expenses

Bill payments before salary hits

 How Bridge Loans Work

Let’s say:

You’re selling your old house but haven’t received the amount yet

You need to pay for your new flat ASAP

A bridge loan gives you the temporary funds to ‘bridge the gap’ until the sale closes.

Once your expected money arrives, you repay the bridge loan — often in one go or short EMIs.

 Features of Vizzve Bridge Loans

FeatureDetails
Amount₹10,000 – ₹5 Lakhs
Tenure15 days to 12 months
Approval TimeUnder 24 hours
RepaymentBullet or flexible EMIs
SecurityMostly unsecured (up to ₹2L)
DocumentsPAN, Aadhaar, bank statement, income proof

 Why Choose a Bridge Loan?

1. Avoid Late Fees & Penalties

Don’t miss rent, credit card bills, or EMIs while waiting for money.

2. Seize Opportunities

Grab deals on assets (vehicles, equipment, deposits) while waiting for your funds.

3. Smooth Transitions

Between jobs or contracts? This loan supports your lifestyle temporarily.

4. Property Transactions

If your old house hasn’t sold yet but you’ve committed to the new one, a bridge loan ensures the deal doesn’t fall through.

 How Vizzve Makes It Simple

Apply online via app or website

Submit PAN, Aadhaar, and 3-month bank statement

Get loan offers based on your expected inflow

Receive funds in under 24 hours

Repay when your money comes in — bullet or flexible

Vizzve understands timing is everything, and our bridge loans are designed to be quick, transparent, and stress-free.

 Real-World Example

👨‍💼 “I was waiting on a client payment of ₹1.2L but my rent and team payouts were due. Vizzve’s ₹50K bridge loan saved me. Paid it back in 15 days — no hassle.”
– Rahul, Freelancer, Bengaluru

FAQs

Q1: Do I need collateral for a bridge loan?
Not always. Vizzve offers unsecured bridge loans up to ₹2L based on income and repayment ability.

Q2: How is a bridge loan different from a personal loan?
Bridge loans are shorter in tenure, approved faster, and based on expected inflows.

Q3: Can I pre-close a bridge loan early?
Yes, and Vizzve charges zero prepayment penalty.

Published on : 28th  July

Published by : SMITA

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