A great way to tackle financial emergencies is to secure an instant personal loan from credible providers like Navi. This lending institution offers credit of up to ₹20 Lakhs at interest rates starting at just 9% p.a. Choose from repayment tenures ranging up to 4 years, and manage your finances effectively.
Navi Personal Loan interest rates and associated charges are as follows:
9% p.a. onwards
*Disclaimer: The aforementioned interest rates and other charges are subject to constant change. Ensure to cross-check the data with the lender.
at % interest rate for months
Here’s the Navi Personal Loan Eligibility Criteria you should take into account when planning to apply for the loan:
Your age must be between 21 and 65 years
You must be either a salaried or self-employed applicant with a regular source of income
You must have a minimum annual income of more than ₹3 Lakhs
You must have a credit score of at least 750 to apply for the loan
Alongside the eligibility criteria, it is important to note the documents required. To get a Navi Personal Loan, the documents required are minimal and pertain mostly to the basic KYC procedures. As such, you are required to provide your PAN and Aadhaar card details. Once you provide these details and they have been verified, you can enjoy paperless loan applications.
Applying for a paperless personal loan on Navi is a simple and hassle-free process. Here are the steps you need to follow:
Visit the official website or download the Navi loan 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
On approval, get the funds credited to your account instantly.
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Yes, the Navi loan app is approved by the RBI. Navi is a digital lending platform that provides personal loans to eligible borrowers. The platform is regulated by the Reserve Bank of India (RBI) and follows all the guidelines and regulations set by the central bank.
Yes, you can apply for a loan from the Navi app. It offers paperless personal loans that can be secured through its app or website. In addition, the loan application process is quick and hassle-free, making it a convenient option for those needing funds.
Yes, Navi allows part payments on its personal loans without having to pay any additional penalties. You can make part payments by logging into your Navi account and choosing the part payment option.
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.