Navi: Navi loan App Personal Loan Apply Best Guide 2022

Hello friends, here we are going to tell about Navi Loan App, what is Navi App, how to take loan from Navi loan App, how much loan is available from Navi App, how to apply for home loan and personal loan from Navi App.

Friends, all of us keep on needing money in some form or the other, such as paying rent, treatment of illness, children’s fees, daily household expenses and many such expenses.

But many times such a situation comes that we do not have money to meet these expenses and there is no means to arrange money immediately, then we think that we take it away from someone.

But those from whom you go to ask for money, they refuse by making some excuse or the other, in such a situation, you can fulfill your need of money without asking for a loan from any friend or relative.

Yes, you can take a personal loan online to meet your money needs and then pay it slowly in installments

Here we are going to review the Complete Navi Loan App, through this app you can take an instant personal loan to meet your needs, along with this app also provides you the facility of home loan.

You can also take a home loan from this app and repay it in installments for household chores like getting your house built, repaired, any kind of improvement in the house.

Now you must be wondering what is this Navi App, how much loan is available from Navi Loan App, how to take loan from Navi App, what documents are required to take loan from Navi App,

So read this Navi Loan App Review till the end and you will get complete information about Navi App.

What is Navi App?

Navi App is a loan app providing personal loan and home loan powered by Navi Financial Services Navi Finance is an RBI recognized NBFC institution.

Navi Loan App was launched on 30 April 2020 on Google Play Store and in such a short time it has got more than 50 lakh downloads.

The reason for the success of this app so quickly is that it provides instant loan with very few documents and without salary slip, yes you can take an instant personal loan from this app in very few documents.

Along with this, this app also provides you home loan in very few documents and at very low interest rate, about which we have also told in further detail.

Eligibility to avail loan from Navi Loan App

To take a loan from Navi Loan App, you need to fulfill the eligibility criteria given below =>

  • You must be an Indian citizen.
  • You must be above 18 years of age.

Documents required to take loan from Navi App

Navi App provides you personal loan and home loan in very less documents To take loan from Navi App you must have the following documents =>

  • You must have Aadhar card.
  • You must have PAN card.
  • selfie image.

How much loan is available from Navi App?

Before taking a loan from anywhere, it is very important to find out how much loan they are providing because if they provide less loan than our requirement then it does not fulfill our requirement.

And again we have to apply for the loan again somewhere else. On Navi Loan App, you can take personal loan from 10000 to 5 lakhs and can take home loan up to 1.5 crores.

What is the interest rate on Navi App?

The interest rate is very important in any loan because it shows how much interest we will have to pay, if we follow the Navi loan app, then the interest rate on personal loan here ranges from 12% to 36%.

Along with this, you also have to pay 3.99% processing fee, the home loan interest rate on Navi Loan App starts from 6.95% p.a.

For how long the loan is available on Navi Loan APP/

After taking a loan, we also have to repay it, that is why it is very important to know how much time we will get to repay the loan or how long will be the tenure of the loan,

On Navi loan app you get 36 months i.e. up to 3 years to repay the personal loan and if you take home loan then home loan is provided on Navi app for up to 25 years.

Navi App Home Loan

  • Loan Amount – Home loan up to Rs 1.5 crore.
  • Interest Rate – Interest rate starting from 6.95% per annum.
  • Tenure – Tenure up to 25 years.
  • Loan Value – Loan up to 90% of the property value.

Navi App Home Loan Features

  • You get instant loan offer.
  • until you come No documents are required to be submitted till the loan offer is received by you.
  • Offered to you on maximum loan and lowest EMI.
  • You get loans for all houses under construction, self-constructed and ready to move.
  • You do not have to pay any kind of application fee, legal fee, valuation fee or document handling fee.

Note – Right now home loan facility is being provided by this app in some cities of the country and where it is not there, you are going to start early, then you should first check whether they are providing loan in your city or not.

  • Loan Amount – From 10000 to 5 lakhs.
  • Interest Rate – 12% to 36% per annum interest rate
  • Tenure – 3 months to 36 months.
  • Processing Fee – 3.99% of the loan amount

Navi Loan App Personal Loan Features

  • Personal loan limit up to 5 lakhs.
  • Bank account instant money transfer.
  • No bank statement or salary slip required.
  • 100% paperless process.
  • Minimum Documentation No printout required.
  • Flexible loan and EMI options.
  • Instant eligibility check.
  • No security (collateral) is required.

Navi Loan App Personal Loan Example

Loan Amount – Rs.50,000

Tenure – 12 Months

Interest Rate – 22%

EMI Amount – Rs 4680

Total Interest Payable = 4680*12 Months – 50000 (Principal) = Rs.6160

Processing fee = Rs.1475 (inclusive of GST)

Account transferred amount – 50000-1475 = Rs.48525

Total Amount Payable = 4680*12 = 56160

Total cost of loan = Interest + Processing fee = 6160+1475 = 7635

How to Apply for Navi Personal Loan?

Now we have learned everything about Navi Loan App but right now there will be a question in your mind that Navi loan App Se Loan Kaise Le (How To Apply For Navi Loan App Personal Loan) so let’s know =>

  • Install Navi App from Google Play Store.
  • Allow app permissions.
  • Now register with your mobile number.
  • Click on Personal Loan option.
  • Check your loan eligibility by entering your basic information.
  • Select the loan and EMI amount.
  • Complete KYC by uploading your Selfie Image, Aadhar Card, Pan Card.
  • Enter bank details for money transfer.
  • Transfer the loan to your account.
  • Navi App Customer Care (Contact Detail)
  • Phone Number – +8010833333

Email – [email protected]
Website – https://navi.com/

Here we have tried to provide Complete Navi Loan App Review and all information related to Navi App like What is Navi app, How to take loan from Navi app, How to apply Navi Personal Loan.

Along with this, what efforts have been made to provide complete information about taking home loan from Navi App, such as how much home loan will be available, how much will be the tenure, what will be the interest rate of home loan.

If you have any other query related to Navi App in your mind, then you must tell us in the comment section, we will be very happy to answer your questions.

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