Apply For Navi Instant Personal Loans In India : Benefits, Eligibility Criteria, Documents Required
Apply For Instant Personal Loans In India: Benefits, Eligibility Criteria, Documents Required :
Navi Personal Loan Features :
👉 Get Navi instant personal loan up to Rs. 20 Lakh online.
👉 Processing fee is 3.99% to 6% (minimum Rs. 1,499 and maximum Rs. 7,499 + GST).
👉 Get the money instantly transferred to your bank account on approval.
👉 Instant online eligibility check.
👉 No bank statements or salary slips are required to apply for the loan.
👉 The entire process for Navi instant loan is 100% paperless.
👉 Minimal documentation required.
👉 No printouts of documents are required.
👉 Navi app loan interest rate is affordable and starts from 9.9% p.a. Flexible tenure up to 72 months and flexible EMI options available.
👉 No security deposit or collateral required to obtain the loan.
👉 Zero foreclosure charges levied on prepayment of the loan.
👉 Navi instant personal loan reviews are available online for your satisfaction and trust.
- Download the Navi App from the Play Store or App Store
- Once you have the application, you need to click on “Apply” tab
- Then you need to fill in basic details to process your loan application like
- Full Name
- Age
- Marital Status
- Pin code of residence
| Age | You should be between 18 and 65 years of age to avail the loan. The minimum age can also be increased to 21, 23 or 25 years in some cases |
| Interest Rate | Starting at 9.9% p.a. |
| Credit score | Your credit score should be at least 650 to apply for the loan. If your score is below 650, the loan application might get rejected |
| Employment | You should either be salaried or self-employed |
| Income Level | There is a minimum income which you should earn every month to qualify for the loan. The level varies across lenders |
Also Read : Axis Bank Credit Card Apply Online 2022
- Provides personal loan up to Rs 5,00,000 (five lakh).
- Instant money transfer to borrower’s bank account
- Account statement or salary slip is not mandatory
- 100% paperless loan application process
- Minimal documentation for loan application.
- No printouts are required.
- Easy repayment options.
- Instant loan-eligibility check.
- No security or guarantor is required.
Following are the key Navi loan app details :
| Minimum Loan Amount | Rs. 10,000 |
| Maximum Loan Amount | Rs. 20 Lakhs |
| Tenure | 3 to 72 months |
| Rate of Interest | 12% to 36% p.a. |
| Processing Fee | 3.99% to 6% of the loan amount |
| Collateral | Not required |
| Foreclosure Charges | Nil |
