You should understand the purpose for this type of loan.

Flexi Loan is more for business owner who is running business and could afford to pay extra $$$ generated from their business. The withdrawal flexibilty enables them to get the extra $$$ out whenever they need it for their business cash flow. If you are fixed income earner, very seldom you will do extra payment.

I dun see any advantage of this type of loan as interest rate are higher than term loan and you have to pay startup fees and maintenance charges.

Just for info, banks don't do losing money business.