Opt for an instant personal loan from Navi and enjoy competitive rates
Avail Instant Personal Loans ✓ Quick Disbursal ✓ Minimum Documentation!
A great way to tackle financial emergencies is to get an online personal loan from credible providers like Navi. This lending institution offers credit of up to ₹20 Lakhs with comfortable repayment tenures ranging up to 4 years.
Here are the interest rates and associated charges:
Interest Rate |
9.90% p.a. onwards |
Processing Fee |
Nil |
Pre-closure Charges |
Nil |
*Disclaimer: The aforementioned interest rates and other charges are subject to change. Ensure to cross-check the data with the lender.
Why Choose a Navi Personal Loan
Here are some reasons to opt for it:
Zero Paperwork
Enjoy a 100% digital application process on the Navi Loan App and save yourself from unnecessary paperwork
Instant Disbursals
The lender credits the funds to your account within minutes of your application being approved
Flexible Repayment
You can choose from repayment tenures ranging up to 4 years to repay the borrowed sum comfortably
Affordable Interest Rates
The Navi Personal Loan interest rate starts from just 9.90% p.a., leading to affordable EMI options
Collateral-free Loan
Secure funds online without pledging any asset as collateral
Here are the Navi Personal Loan eligibility criteria to take into account when you are planning to apply:
Your age must be between 18 and 65 years
You have a regular source of income either as a salaried or self-employed applicant
You must have a minimum annual income of more than ₹3 Lakhs
You have must have a credit score of at least 750
Alongside the eligibility criteria, it is important to note the documents required. To get a personal loan from Navi, the documents you need to submit are minimal and pertain mostly to the basic KYC procedures.
As such, you must provide your PAN and Aadhaar card details. Once the verification is complete, you can enjoy a paperless application.
Here are the steps to apply for a Navi Personal Loan online:
Visit the official website or download the Navi App from the Play Store or App Store
Fill in basic details like your name, address, and PAN details to check your loan eligibility
Select your preferred loan amount and repayment tenure
Upload the necessary documents and complete your video-KYC process
Set up auto-pay by submitting your bank details
Get the funds credited to your account instantly on approval
Whether you are an existing customer or planning to apply for a Navi loan, you can get customer support through the mobile app. You can also call the customer care number +91 8147544555 for any grievance or enquiry.
Here are other lending partners offering personal loans at competitive interest rates.
Reference of all T&Cs necessarily refers to the terms of the Partners regarding pre-approved offers and loan processing time, amongst other conditions.
Frequently Asked Questions
Is the Navi Loan App approved by the RBI?
Since the RBI does not approve digital lending apps, the App is not approved by the RBI. However, Navi Finserv Limited is a Systemically Important Non-Deposit Taking NBFC (ND-SI) approved by the RBI. Navi Technologies is the digital lending partner that operates the Navi Loan App.
Can I take a loan from the Navi App?
Yes, you can apply for a loan from the Navi App. It offers paperless personal loans, and the loan application process is quick and hassle-free.
Can I make a partial payment on the Navi loan?
Yes, Navi allows part payments on its personal loans without any additional penalties. You can make part payments by logging into your Navi account and choosing the part payment option.
Can I foreclose my Navi loan?
Yes, you can foreclose your Navi loan anytime by paying the outstanding loan amount. In addition, Navi does not charge any foreclosure penalty or charges for prepaying the loan.
Is Navi a good option for a personal loan?
Yes, Navi offers instant personal loans with amounts of up to ₹20 Lakhs and tenures ranging up to 4 years. The Navi loan interest rate is affordable and starts from just 9.90% p.a. To secure this loan from Navi, you do not have to pay any processing fee.
What is the minimum and maximum amount I can borrow with the personal loan offered by Navi?
You can get an instant cash loan of amounts ranging from ₹5,000 to ₹20 Lakhs.
How to repay my Navi Personal Loan?
Repay your personal loan from Navi by connecting your bank account via the Navi App and establishing an e-Mandate. Through this, the EMI amount will automatically be deducted from your bank account on a designated date every month.
What are the Navi Personal Loan customer care details?
You can reach out to the Navi customer care team by calling +91 8147544555. You can also connect to them through the Navi App.
Do I need to provide any security or collateral when applying for a personal loan from Navi?
No, it is not mandatory to submit collateral to secure an instant personal loan from Navi.
