Navi Finserv offers digital personal loans at interest rates starting from 9.9% per annum. It is Rs 20 lakh for a period of up to 6 years. Is giving loan up to Rs. You can take a personal loan from Navi App without paying any processing fee. There is no need to provide any documents for the loan, the entire process is based on PAN number and Aadhaar number. Navi personal loan is approved within 10 minutes and the loan amount is instantly transferred to the applicant’s bank account. Read this article to know what is Navi Personal Loan and how to take loan from Navi App
Navi App Home Loan Details
| App Name | Navi |
| Loan Type | Personal Loan |
| How much loan can be taken | ₹5,000 – ₹20 lakh |
| Navi Personal Loan Interest | 9.9% – 45% |
| How to apply for personal loan | online |
| Navi Helpline Number | +91-80108-33333 |
Navi Personal Loan Interest Rates
| Interest rate | 9.9%-45% per annum |
| Loan amount | up to ₹20 lakh |
| Loan tenure up to | 6 years |
| Processing fee | Zero |
What is Navi app?
Navi is a loan giving mobile application. With the help of Navi Loan app, you can get a personal loan instantly. Along with this, this application also provides the facility of home loan and many types of insurance. We can say that Navi Loan application is an all-in-one platform from where every Indian can avail many types of benefits.
Navi Loan application is available on Google Play Store for Android smartphones, along with Android this application is available on App Store. With the help of Navi Loan application, you can take instant personal loan up to Rs 20 lakh and home loan up to Rs 5 crore, that too with a completely online process.
What are the features of Navi Loan?
- Through Navi Loan you will get instant loan, that is, you will get the loan in just a short time. In this, it does not matter whether you take home loan or personal loan, both the loans are approved in a very short time.
- The interest rates in Navi Loan App are also quite low. Also the processing fee seems to be negligible.
- There is no need for many documents for the loan from Navi Loan. Only through Aadhar card and PAN card, one can take loan up to Rs 500000 for personal loan and up to Rs 20 lakh for home loan.
- Apart from this, if you take a loan through Navi app then it is completely paperless. Meaning, no necessary paper is required to take a loan.
How to apply for loan through Navi App?
Download Navi App:
Go to Google Play Store and install Navi Loan application on your smartphone, and if you use iPhone then go to App Store and download Navi Loan application on your smartphone.
complete registration
After installing the application in the mobile phone, enter your mobile number in the application on which an OTP will come, after submitting it, complete the registration.
Select Personal Loan
On the home page of Navi Loan application, you will see “Personal Loan” option, select it.
Fill in personal information
After this you will be asked about your personal information like name, address, mobile number, pin code, DOB, qualification, where you work etc. You have to fill the information correctly and submit it.
Eligibility check
After your personal submission, your loan eligibility will be checked which will take 2-3 minutes. If you are eligible for the loan, you will be able to complete the further process (if you do not meet the eligibility for the loan, you can apply again after 90 days).
KYC Document Verification
If you become eligible for the loan, then now you have to select the loan details like loan amount and tenure, EMI payment. After this you will have to do KYC document verification in which you will have to upload your documents and also upload a photo selfie.
Fill in bank details
Once completed from here you will have to fill your bank details like bank account number, IFSC number etc. Fill the bank details carefully because the loan amount will be transferred to your bank account only.
Navi Loan Eligibility Criteria
Some eligibility criteria have been set to take a personal loan from Navi Loan application, which is mandatory to be fulfilled only then you can take a personal loan, the eligibility criteria for taking it are as follows:
- To avail a personal loan from Navi Loan application, your age should be at least between 21 years to 65 years.
- Your nationality should be Indian, meaning you should be an Indian citizen.
- To avail a personal loan, you must have a job or have your own business.
- If you work, your salary should come into your bank account.
- If you have your own business then you must have ITR and GST papers.
- To avail loan your credit score should be at least Rs 650
- To avail personal loan, annual income should be Rs 3 lakh.
Features and benefits of Navi Home Loan?
Loan of ₹5 crore
Home loans up to ₹5 crore are issued through Navi App. Home loan amount up to 90% of the property can be easily availed by applying from home.
Attractive interest rates
The interest rate of Navi Home Loan is quite attractive compared to other banks and financial institutions. Here you get an interest rate of 8.55% per annum.
Flexible payment term
The payment tenure in Navi Home Loan has become flexible. The time period given for loan repayment is 30 years. You can choose the payment term as per your convenience and budget.
100% paper less application process
Home Loan From Navi App is issued through digital process. Therefore, no physical document has to be submitted in the application. All the documents have to be scanned and uploaded to the app.
Instant Sanction Letter
After filling and submitting the home loan application through Navi app, an instant loan sanction letter is issued, which contains the details of the information filled by you in the home loan application.
Quick loan approval
Navi app allows quick home loan approval, which takes just a few minutes. In this way you can get instant home loan.
Navi App Home Loan Processing Fees and Other Charges Navi Home Loan
Processing Fee: Navi App does not charge any kind of processing fee on home loan. In this way you can take a home loan without paying processing fees.
Four closure charge: If you want to four close the home loan taken from Navi App, then you do not have to pay any kind of four closure charge.
Stamp duty: Stamp duty will have to be paid at the rate prescribed by the government.
GST: GST will have to be paid at the rate prescribed by the government.
Navi App Home Loan require documents
Application Form: Completed bank or financial institution loan application form.
Address Proof: Address confirmation documents, such as Aadhaar card, passport, utility bill, rent contract, or voter ID card.
Proof of Income: Documents to confirm income, such as salary slip, Form 16, income tax return form or audit report.
Passport-size Photograph: Recent passport-size photographs of the applicant and co-applicants.
Proof of Identity: Any identity proof issued by the government like Aadhar Card, Passport, PAN Card, Aadhar Card, or Driving License.
Property Documents: Details of the property you plan to purchase, such as its title deed, sale agreement, and other related documents.
Bank Statements: Bank account statements to evaluate your financial position.
GST Return: GST return will have to be submitted for home loan on property taken for business activities.
Tenure of Navi loan
By taking loan through Navi Application, you can easily repay it through EMI. Navi App gives personal loan for up to 72 months. You have to repay your loan in this time period.
Apart from this, if you want to apply for Navi Home Loan, then you are given 30 years time to repay Navi Home Loan. Navi home loan has to be repaid within thirty years.
Where can you take loan from Navi App?
Loans available from Navi are often given in metro cities and big cities in India. If someone is from a village and wants to take a loan from Navi and has applied for it, then it is possible that he may not get the loan. His loan application may also be rejected.
Navi instant loan is often available only to people living in urban areas. However, there are many cities which provide both personal loan and home loan through Navi loan.
Here I have mentioned the names of some big cities. If you live in any of these cities then you will get Navi Instant Loan.
- Delhi
- Maharashtra
- Karnataka
- Tamil Nadu
- West Bengal
- Punjab
- Gujarat
- Telangana
- Madhya Pradesh
- Odisha
- Rajasthan
- Uttar Pradesh
- Uttarakhand
- Jharkhand
- Bihar
NAVI LOAN HELPLINE NUMBER
If you have any kind of question related to Navi Loan, then you can get answers to your questions by contacting us through the contact given below.
- Helpline Number/Contact Number: +91-80108 33333
- Email ID: help@navi.com
- Official Website: https://navi.com
- Official Address: 3rd Floor, Salarpuria Business Centre, 93, 5th A Block, Koramangala, Bangalore-560095
Loan App Useful Links
| Navi App एप्लीकेशन | CLICK HERE |
| How to take loan from Navi app | CLICK HERE |
| HOME PAGE | CLICK HERE |