Navi App Personal Loan Apply Online 2024: If you need a large loan and are getting disappointment from everywhere, then this article is going to prove very beneficial for you. In today’s article, we are going to tell you about Navi Instant Personal Loan App, from where you can get home loan up to Rs 1.5 crore and personal loan up to Rs 5 lakh in easy installments.
What is the process of taking loan from Navi App, what is the eligibility to take loan. What documents will be required, how much loan will be given, what will be the interest rates and how to contact Navi, you will get all this information through this article. Therefore, you must read the article completely, only then you will be able to get complete information about Navi App Loan.
What is Navi App?
Navi App is an application that provides Home Loan and Personal Loan facilities in India. Through this application you can take loan from your mobile phone sitting at home. The special thing about Navi App is that you can get the loan amount instantly in your bank account.
This company named Navi Finserv Private Limited is a NBFC registered company and it works under the rules of RBI. The founder of Navi is Sachin Bansal who established Navi company in 2020. This company provides instant personal loan up to Rs 5 lakh and home loan up to Rs 1.5 crore.
More than 5 million people have installed this app in their mobiles and it has a rating of 3.5 in Play Store.
Navi Personal Loan App Download
Downloading Navi App is very easy, you just have to open Playstore and type Navi Personal Loan App in the search box. You will see this app, install it and use it to easily take personal loan and home loan.
How to Take Loan from Navi App
To take loan from Navi App, follow the process given below step by step –
- Step 1 – First of all download Navi App from Play Store.
- Step 2 – After this, accept the Terms and Conditions of Navi App and click on Continue and allow whatever permission Navi asks from you.
- Step 3 – You will then be asked to enter your number. Enter your Number and click on the Get OTP option and get the OTP verified.
- Step 4 – After completing this process, your account will be created on Navi App and you will come to the homepage of Navi App. Here you will see two options Personal Loan and Home Loan.
- Step 5 – Click on the type of loan you want, then Navi App asks you for your basic details such as –
- Your name, which is on the PAN card.
- Your Marital Status
- Employment Type, means whether you are Salaried, Unemployed, Student, Retired etc.
- Your Monthly Income
- In which industry do you work?
- Reason for taking loan
- Your Minimum Education Qualification
- Your PAN Card Number
- Your date of birth which is on the PAN card.
- 6 digit Pin Code of the place where you are living.
After filling all these details you have to click on Submit Application.
- Step 6 – After this, it will take 2 to 3 minutes for your application to be processed, if you are eligible to take the loan then complete the further process. And if your application is rejected then you can apply for the loan again after 90 days.
- Step 7 – After being eligible for the loan, you have to select the loan amount and monthly installment.
- Step 8 – After this complete your KYC, for this you will need Aadhar card and a selfie.
- Step 9 – Fill the details of the bank account in which you want money. Keep in mind that you have to give details of only that bank account which is active.
Now the loan amount will come to your account within some time. So this was the simple process by following which you can apply for loan on Navi App.
Eligibility for taking loan on Navi App
If you have decided to take a loan from Navi App, then it is important for you to know about the eligibility criteria for taking loan on this application. You will get loan from this application only when you are eligible to take loan on Navi.
Following are the eligibility criteria for taking loan on Navi App –
- Navi App provides loans only to Indian citizens. You can take a loan from Navi only if you are an Indian citizen.
- Navi provides loans only to people above 18 years of age.
- Navi does not provide loans in entire India, you can check in Navi Application whether the loan is available in the area where you live or not.
- Navi gives you loan only if your credit score is good.
Documents required to take loan from Navi App
Very few documents are required to take home loan and personal loan from Navi App. You get both types of loans only on Aadhar card and PAN card.
Documents to take loan from Navi App –
- PAN Card
- Aadhar card
- Bank Passbook
- Mobile Number
All About Navi Personal Loan App
As we have told you earlier that you can take Home Loan and Personal Loan from Navi. Therefore, we have told you about both types of loans.
The complete information about Navi Personal Loan is as follows –
- Loan Amount – On Navi App you get personal loan ranging from Rs 10 thousand to Rs 5 lakh.
- Rate Of Interest – The interest rate on Navi personal loan ranges from 12 to 36 percent per annum.
- Tenure – With Navi App you can take a personal loan for 3 to 36 months.
- Processing Fee – Whenever you take a loan from any bank or institution, some processing fee is also charged. On Navi App, you have to pay processing fees of 3.99 percent for personal loan.
Features of Navi Personal Loan
Navi Personal Loan has the following features –
- You can take a personal loan up to Rs 5 lakh from Navi App.
- No bank statement or salary slip is required to avail a personal loan from Navi App.
- In Navi Laon you do not need any kind of paperwork.
- You do not require any type of collateral. This means that in taking a personal loan from Navi, you do not have to mortgage any type of property.
- Minimum documents are required.
- When you apply for Navi Personal Loan, your eligibility will be immediately checked and you will be told whether you can take loan from Navi App or not.
- If you are eligible to take a loan from Navi App, then the loan amount is immediately deposited in your bank account.
- Navi App provides loans in big cities of almost all the states of India.
About Navi Home Loan
Navi has added a new feature of Home Loan in its application which is going to prove very beneficial for the customers. Complete information about Navi Home Loan is as follows –
- Loan Amount – You can take a home loan of Rs 1.5 crore from Navi App. This amount is enough to build a good house.
- Rate Of Interest – The interest rate charged on Navi Home Loan is 6.95 percent per annum.
- Tenure – The repayment period for Navi Home Loan is up to 25 years. You can take home loan from Navi for 25 years.
Features of Navi Home Loan
The Main features of Navi Home Loan are as follows
- Navi App gives you home loan up to 90 percent of the total property value. For example, if the price of the house you are buying is Rs 1 crore, then you can take a home loan up to Rs 90 lakh from Navi App.
- On Navi App you get high loan amount at low EMI.
- You do not have to pay any additional fee on Navi Home Loan such as Application Fees, Legal Fee, Valuation Fee or Document Handling Fee.
- You can use Navi Home Loan to shift to an under-construction, self-built or new home.
- If you are eligible for Home Loan then the loan amount is immediately deposited in your account.
- Often a lot of paperwork is required in home loan but if you take home loan from Navi App then you do not need any kind of paperwork till you get the loan proposal.
Navi Contact Details & Customer Care Number
For Any type of problem you can contact Navi –
- HelpLine Number (Contact Number) – +91 80108 33333
- Email ID – Help@Navi.Com
- Official Website – Https://Navi.Com/
- Address – 3rd Floor, Salarpuria Business Center, 93, 5th A Block, Koramangala Bangalore – 560095
Read Also
- How to Take Car Loan in Inida
- What is Home Loan And How to Get it
- How to Take Loan From Cash Bean App
- How to Take Personal Loan From Paytm App
FAQ’s Navi App Personal Loan Apply Online 2024
Which loans can be taken from Navi App?
How much home loan can one get on Navi App?
Navi is the application of which country?
What is the customer care number of Navi App?
Is Navi Loan App Approved by RBI?
Navi App Personal Loan, Navi App Personal Loan, Navi App Personal Loan, Navi App Personal Loan, Navi App Personal Loan, Navi App Personal Loan, Navi App Personal Loan, Navi App Personal Loan,
