Navi Personal Loan brings you the most convenient and fastest personal loan. Get a quick loan approval within 24 hours and get money in your account, and spend them on anything you like. It’s your money, spend it the way you like, be it a car, vacation, or party. This article will guide you through the process of applying for a loan from Navi. Friends, in today’s blog, we will tell you how we can take an instant personal loan from the online Navi loan app. With the help of “The Navi Loan App”, you can easily take loans of up to 5 Lakhs “Personal Loan” with Up to 36 Month Tenure.
About Navi Personal Loan
Navi Personal Loan is a web-based financial lending firm, where you can find out the best personal loan that suits your needs. The company is founded by Sachin Bansal of Navi Finserv Limited in the year 2020 in Hyderabad and has extended its operations to New Delhi, Bangalore and Mumbai. The company makes a deal with the users that if the borrower fails to pay back the loan, the lender will not have to pay any interest and Navi becomes a part of its ownership. The company provides personal loans in many cities at all banks and NBFC, i.e., registered under MCA.
How to get a loan from the Navi app?
Navi personal loan is the new platform for a personal loan that can help you to make your dreams come true. With our online digital platform, you can apply for your loan by only filling out a form, and once approved, you can get your money directly into your bank account. Navi personal loan offers quick and easy access to loans from Rs. 10,000 to Rs. 5 Lakhs by providing personal loans with zero processing charges to the customer.
There are many types of loans are available with Navi Personal Loan such as Salaried, Self-Employed, Industrial loans, Business loans, Home loans, etc. Navi Personal Loan provides loans based on the credit history of the customer and the income level of the customer.
If you are in need of money immediately and you are tired of going to the bank, then you can now take a personal loan immediately from the Navi Loan App on Google Play Store. All you have to do is complete the up registration and after filling in some information, you can get the loan amount in your bank account and you can use it for bills, recharge, buying goods online, paying EMI, etc.
What is Navi App?
Navi Instant Personal Loan is a mobile application that provides a loan facility to every person in India who is above 21 years of age and has any source of income. One can avail personal loan instantly from Navi App. Apart from this, this mobile application also provides facilities like home loan, insurance, etc. Navi is a secure platform approved by the Reserve Bank of India (RBI) and NBFCs.
You can get a personal loan through Navi Instant App without any guarantee in less than 5 minutes only. For this, you do not need to go offline places. This means all your work will be done online.
What is the specialty of Navi Loan Application?
Although there are many loan applications available in the market right now, which provides the facility of giving personal loan, but the Navi Loan App on Google Play Store is the most special, this app is very popular in the market due to its specialty, which is due to the following features. People have liked it a lot for the following reasons.
- Get an instant loan with Navi App
- The loan can be availed directly in the bank account.
- The loan is available on minimum documents.
- No security or guarantor is required.
- Time is saved in taking a loan, there is no need to go anywhere around like banks.
- The loan gets approved instantly.
- You can use the loan amount in the bank according to you.
- The credit limit increases if the loan is repaid on time.
- Helps to increase credit score.
- In this, you do not need any bank statement or salary slip.
- In this, you can fill the loan amount in monthly EMI.
- Loan Payment Paytm, Phonepe, Amazon Pay, Google Pay Apart from Net Banking. A debit card can be done with a credit card.
- With the help of this, home loans, health insurance, etc. can also be taken from the home.
How much loan will I get from Navi App?
If you are still wondering how much loan you will get from Navi App, then for your information, let me tell you that Navi is an instant personal loan application, with the help of which Navi Personal Loan can be taken from ₹ 10,000 to ₹ 5 lakh. .
For this, your credit score should be good. If you live in a metro city, then you get the loan amount in the bank account immediately after approval.
Navi Personal Loan Interest Rate
Before taking a loan from Navi app, you should know about it like how much loan you will get, how much interest rate will be charged, is this mobile application safe, apart from this other information should be known. We have given information about this in the table below.
App name Navi: Loans & Health Insurance
Loan Type : Navi Personal Loan
Loan amount : ₹10,000 to ₹5,00,000
Interest Rates : 12% to 36% per annum
Tenure : 3 to 60 months
Processing fees : 2.5% to 6% (Min ₹1,499+GST and Max ₹7,499+GST)
Navi Loan Eligibility Criteria : Check Online
Any person whose age is more than 21 years and any source of income is available to him, then he can get an Instant Personal Loan by installing Navi App from Play Store.
Apart from this, the applicant should be an Indian citizen and should also have the necessary documents to apply for the loan.
Also read: What is Groww App & How To Use It?
What are the documents required to take a loan from Navi App?
Any person whose age is more than 21 years and any source of income is available with him, then he can get Instant Personal Loan by installing Navi App from Play Store.
- PAN Card
- Proof of address
- Source of income
- Details of your bank account
Apart from this, the applicant should be an Indian citizen and should also have the necessary documents to apply for the loan.
Following are the steps to be followed to apply for Navi Instant Personal Loan:
Step 1. First of all, install Navi App from Google Play Store.
Step 2. Complete the registration with your mobile number.
Step 3. Select Personal Loan to apply for the loan.
Step 4. Now fill in your personal information like name address mobile number etc.
Step 5. Select the EMI plan as soon as the loan amount is approved.
Step 6. Now upload your KYC documents.
Step 7. After this fill in your bank details, and where you want to get the loan amount.
Step 8. After waiting for some time, money is transferred to your account instantly.
Navi Loan Faqs
Q1. Is NAVI a secured loan application?
Ans. Yes it is a secure mobile application that is approved by the Reserve Bank of India and NBFC, apart from this its official website is also available, you can also check it on the mca.gov official website which is Registered in the name of Navi Technologies Pvt. Ltd.
Q2. If I am a student, can I get a loan from Navi?
Ans. If you are a student and your age is more than 21 years then you can take a loan from Navi App but for this, there is a condition that you should have income proof. Otherwise, you will not get this loan.
Q3. What can happen if Navi Personal Loan is not repaid for 1 year?
Ans. If you do not repay the loan for 1 year, then your credit score may deteriorate. And you will not be able to take advantage of any type of online personal loan in future. You can get a loan amount up to a maximum of Rs 5 lakh by timely repayment of the loan.
Q4. What is the name of the founder of Navi App?
Ans. The owner of the Navi app is Sachin Bansal who is also the founder of the Flipkart company. He launched the mobile application on 30 April 2020 keeping in mind the personal needs of the people. It is a secured instant personal loan company, apart from this you can also get a home loan, and health insurance from Navi app.
Q5. How to deposit Navi Loan?
Ans. At present, there are many platforms available with the help of which personal loans can be filled. If you want to deposit Navi Instant Loan then you can use Paytm, Phonepe, Amazon App, and Google pay app. Here we have explained the complete process step by step.
- Step 1. First of all, open the Phonepe App on your mobile.
- Step 2. Select the Loan Repayment option.
- Step 3. After this submit your loan no.
- Step 4. After this, transfer the loan amount from your bank account.
Note: The loan amount can also be filled from Navi App, here you have to fill the amount before the due date otherwise you may have to pay some penalty charges.
Navi Personal Loan Review
In today’s article, I have told you about Navi App, and how to take a loan from it. Navi personal loan applies online, Navi loan details, Navi loan app fake or real, Navi loan eligibility, Navi loan customer care number. I hope this information will be very helpful for you. If you want to ask any kind of question then you can ask us in the comment box.
Note: Take a loan only when you really need money and want to start some work, before taking a loan also think about depositing the loan, apart from this use your understanding while taking a loan.
P. Note: Through Navi App, you can apply from any city in India like Tamil Nadu, West Bengal, Rajasthan, Gujarat, Punjab, Maharashtra, Delhi, Telangana, Madhya Pradesh, Odisha, Uttar Pradesh, Uttarakhand, Bihar, Jharkhand, Andhra Pradesh, Gives loans in Haryana, Kerala, Pondicherry etc.
P.P. Note: While taking the loan, definitely check the interest rate, loan amount, bank information, and terms of condition, so that any kind of problem may arise in the future. A personal loan can be taken up to ₹ 5 lakh by timely repayment.