Navi is a popular digital personal loan that is operated by Navi Finserv. You can apply for a Navi personal loan of up to 20 lakhs with 72 months’ of tenure. Interest rate starts from 9.9% to 45% per annum.
This is a 100% digital loan process and you will get the loan amount within 48 hours of loan approval. Let’s start the process of Navi Personal Loan Apply Online.
Navi Personal Loan Quick Recap
| Loan Amount | Up To 20 Lakh |
| Interest Rate | 9.9% to 45% p.a. |
| Loan Term | 3 to 72 month |
| Customer Age | 21 yr -65 yr. |
| Income | Rs. 15,000 per month |
| Processing Fees | Up to 3% of the loan amount |
| Eligibile Applicant | Self-Employed / Salaried Person |
Also Read: Fi Money Personal Loan
Benefits of Navi Personal Loan
Fully Digital: Navi offers 100% digital personal loans. The entire process is online. You can apply for a Navi loan without going anywhere.
Minimum Documents: You can apply for a loan with basic KYC documents. Just an Aadhaar Card and a Pan Card will be required to get the loan.
Instant Disburse: You don’t have to wait for long days. Just get the loan within 24 hours of loan approval. After fulfillment eligibility, the loan will credit your account instantly.
Flexible EMI: Navi offers a flexible EMI facility from 3 months to 6 years. Choose repayment tenure that is flexible for you.
Collateral Free: Getting a personal loan that is fully collateral-free means you don’t require any guarantor. Navi provides collateral-free personal loans.
Lower Interest rate: Interest rate starts from 9.9% to 45% per annum. Navi provides a lower interest rate for you.
Also Read: Upward Personal Loan
Navi Loan Interest Rate, Fees & Charges
| Interest rate | 9.9% to 45% per year |
| Processing Fee | Up To 3% + GST |
| Late Payment Fee | Applicable |
| Minimum Loan Tenure | 3 month |
| Pre-close Charge | Zero |
| Maximum Loan Tenure | 62 month |
Navi Loan Eligibility Criteria
Fulfill the basic eligibility criteria to get the loan:
- Age required 21 years to 65 years.
- Salaried or Self Employed required
- The credit score must be Good (720+)
- Minimum Income required Rs. 15,000 per month
Documents Required for Navi Personal Loan
- Pan Card
- Aadhaar Card
- Active Bank Account
- Selfie of the Applicant
How to Apply for a Navi Loan
Follow the step-by-step process to apply for Navi Personal Loan:
Step 1: Click the “Apply Navi Loan” button to begin the process.
Step 2: Now install the Navi app and open it.
Step 3: Verify mobile number through OTP.
Step 4: Enter the basic details to check loan eligibility.
Step 5: Complete the KYC verification process.
Step 6: Now, Navi will check your loan eligibility.
Step 7: Once your loan application is approved, the Borrower will need to link your bank account to complete the e-mandate process.
Step 8: Now get the loan amount to your bank account.
Navi Loan Customer Care
Navi does not provide any customer care number. But you can send an Email for any queries.
Email Id: help@navi.com
Office Address:
Navi Technologies Pvt Limited, 3rd Floor, Salarpuria Business Center 93, 5th A Block, Koramangala, Bangalore Pin-560095.
FAQs on Navi Loan
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How much loan can I get through Navi?
Navi provides up to 20 lakh loans without any guarantor. After checking, your eligibility, get the loan offer.
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How much CIBIL Score required to get the loan?
You will require a 720 + CIBIL Score to get the approval.
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Can I get the loan without income proof?
You can apply for a Navi personal loan without income proof. Just you will require a good CIBIL score, PAN card & Aadhaar Card to get the loan.
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Can I foreclose the loan amount?
You can foreclose the loan amount after one EMI payment.
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My Aadhaar Card is not linked to my mobile number. Can I apply for a Navi Loan?
Before applying for a Navi Loan, you will require an Aadhaar Linked mobile number for the KYC verification process.