Navi personal loan serves your various financial requirements. You can avail loan upto ₹20 Lakh at an interest of 9.9% - 45% p.a. for a repayment tenure of 72 months.
With Navi personal loan app, you can get hassle-free loan solutions with minimal documentation without any collateral. Now get your desired loan amount in just a click.
Navi Loan Details
Navi provides simple, affordable, and accessible financial products and services. Check the details on the table below to know more about Navi loan details:
| Navi personal loan Interest rate | 9.9% - 45% p.a. |
| Processing Fee | NIL |
| Loan amount | ₹10,000 - ₹20 Lakh |
| Tenure | Up to 72 months |
Navi Personal Loan Interest Rates
Interest rate plays a major role while you are planning to avail personal loan from any Banks and NBFCs. However, availing your desired loan amount at the most affordable interest rate is also equally necessary & convenient. And that’s exactly what Navi aims at providing you. Here are the details on Navi personal loan interest rate mentioned below:
| Navi Personal Loan Interest | 9.9% - 45% p.a. |
Navi Personal Loan Fees & Charges
Before applying for a personal loan, it is necessary to have a comprehensive idea about the expenses involved in borrowing .The table presented below outlines the processing fees and other associated charges along with other Navi loan details:
| Processing Fees | Nil |
| Tenure | Up to 72 months |
| Loan amount | Up to ₹20 Lakh |
| Foreclosure Fee | Nil |
Navi Personal Loan Eligibility Criteria
Navi has specific requirements that the borrowers have to meet, like age limit for Navi loan, credit score, income level and employment status.These eligibility criteria are put in place to ensure that borrowers have the ability to repay the loan.
By referring to the table below you can determine the eligibility to apply for a Navi personal loan online and increase your chances of approval.
| Age | 18 - 65 |
| Credit Score | 650 and above |
| Income level (salaried or self employed) | More than 3 Lakhs annually. |
| Employment | Salaried or Self-employed |
Documents Required for Navi Personal Loan
To proceed with a Navi Personal Loan application, it is important to gather the necessary documentation. These documents are essential for verifying your identity, income, and other relevant information. By providing the required documents, you can streamline the loan application process and increase your chances of approval.
Here, below is the list of the documents you will need to submit when applying for a Navi Personal Loan online.
- Proof of Identity - PAN card, Selfie as a proof
- Proof of Address - Aadhaar card, Voter ID, Passport, Driving license.
- Proof of Income (self-employed) - Last 6 months payment slips/last 2 years IT returns/Income Tax challans for TDS certificate.
- Proof of Income (salaried) - Last 3 months’ salary slips/Form 16
*Applicable only to Indian residents.
Calculate EMI For Navi Personal Loan
Now plan your repayments by calculating the Equated Monthly Installment (EMI) for your Navi personal loan beforehand.
Just by following a few simple steps like entering your preferred loan amount, interest rate, and loan tenure, calculate your EMI. This will help you take charge of your budget and make well-informed decisions regarding your financial obligations.
Compare Navi Personal Loans Over Other NBFCs
Comparing interest rates with other NBFCs will help you ensure that you're getting the most competitive rate available in the market.This can also potentially help you make a more informed financial decision especially while availing a instant personal loan. Hence, refer to the table below before applying for a Navi cash loan and choose the right interest rates that suit your requirement.
| NBFCs | INTEREST RATE (p.a.) |
|---|---|
| Navi | 9.9% - 45% |
| Paysense | 16.8% - 27.6% |
| HDB Financial services | Upo 36% |
| CASHe | 27% |
| Home Credit | 24% |
| Money View | 15.96% |
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Features & Benefits of Navi Personal Loan
Get a quick access to Navi cash loan to experience the seamless loan process along with other exclusive features and benefits as mentioned below:
Instant Approval
Now with navi, get instant loan approval
Paperless approval
Get quick 100% Paperless approval
Minimal Documentation
Get instant loan at most minimal documentation
Flexible repayments
Select your preferred loan tenure upto 72 months
Zero Collateral
Get collateral free loan instantly
Desired loan amount
Avail loan amount upto 20 Lakhs
Types of Navi Loans
Navi loan is safe as it offers personal loans that cater to specific requirements and situations. Hence, following the point below will help you have a better understanding of the various types of loans provided by Navi.
- Car Loan - Avail a personal loan for car purchase with Navi to purchase the vehicle of your choice. Now with a 100% paperless process get instant loan disbursal.
- Travel Loan - Now your dream destination is not a dream anymore! With competitive interest rates and a loan repayment tenure of 72 months for a smooth travel experience!
- Bike loan - With Navi Personal loan for a bike is easy now! With seamless loan application and disbursal process repay your loan at your convenience!
- Mobile loan - Navi instant loan provides for mobile gives and its customers the buying power of a new mobile in a 100% paperless manner!
- Marriage Loan - Don't compromise on your wedding plans. With a 100% paperless process Navi personal loan ensures instant approval, competitive interest rates, and flexible EMI options.
- Used Car Loan - With Navi instant personal loans, experience the numerous benefits including instant disbursal, hassle-free process with zero paperwork, and no requirement for collateral.
- Second Hand-Bike loan - Avail pre-owned bike loan is an option, availing a personal loan Navi for second hand bike is now feasible. Enjoy instant approval, competitive interest rate.
- Laptop Loan - With laptop loans, getting high functioning laptops is easy! Now with Navi’s instant personal loan for laptops you don't have to burn your savings on your favorite laptop.
How Do You Apply for Navi Personal Loans with Buddy Loan?
Follow these steps to apply for a Pocketly personal loan on Buddy Loan:
Step 1 - Visit - buddyloan.com & install Buddy Loan app
Step 2 - Fill out the application form, including the loan amount, the tenure months, and contact details.
Step 3 - Fill out the following personal details where required:
- Email Address
- employment type: Salaried/ self-employed
- Company Type
- Industry Type
- Current Company Name
- Company Address
- Year of Employment
- Net Income
- Mode of Salary
- PAN Card Details
- Full Name (As Per Pan Card)
- Current Address with PIN Code
- Mobile Number
Step 4 - Submit the details & wait for the loan confirmation
Navi Loan Repayment
Loan Repayment is the process of returning the borrowed funds, along with interest rate, to the lender based on a fixed interest rate agreement. Timely payments of all your loan EMIs are crucial to ensure a smooth Navi loan repayment journey and avoid penalties.
Ready to take next step ?
Frequently Asked Question on navi Personal Loan
Navi personal loan provides instant funds that can be used for various purposes, with a simple application process, quick disbursal and 100% paperless documentation.
Navi provides personal loan up to ₹20 Lakh for a tenure period of 72 months.
Salaried individuals, self-employed professionals, and business owners who meet the specified eligibility criteria can get a loan from Navi.
Applicants should have a minimum credit score of 650 or above to avail Navi personal loan.
Navi Personal loan doesn’t charge any processing fee for personal loan.
Yes, you can repay the loan before your fixed period.
Navi does not charge any additional fees to foreclosure your loan.
Yes, your minimum loan amount for Navi personal loan is ₹10,000
Navi loan payments cannot be made directly with a credit card. However, for further information you can visit their official website.
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