We can’t always plan ahead in life. When a medical issue, sudden move, or family event arises, you may require immediate money without paperwork or delays. Navi Personal Loan provides instant 20 lakh borrowing, entirely online, avoiding bank visits.
With Navi, your loan is approved within minutes, and the money reaches your account almost instantly. So you can focus on what truly matters, not on waiting.
Navi Personal Loan Recap
| Feature | Details |
| Loan Amount | ₹10,000 to ₹20,00,000 |
| Tenure | 3 – 72 months |
| Interest Rate | From 9.9% p.a. |
| Processing Time | Instant |
| Mode of Application | 100% Online |
| Documents | Aadhaar, PAN, Bank Details |
| Prepayment Charges | None |
Benefits & Features of Navi Personal Loan
1. Instant Approval and Quick Disbursal
No waiting for days or weeks. With Navi’s smart algorithm, your loan application is processed and approved within minutes. Once approved, the funds are transferred directly to your bank account.
2. 100% Digital and Paperless
Forget about physical documents or in-person verification. Every step — from applying to receiving funds — happens on the Navi app. It’s fast, secure, and completely paperless.
3. Flexible Loan Amounts and Tenures
You can borrow from ₹10,000 up to ₹20 lakh based on your eligibility and repayment capacity. Navi also lets you choose a repayment tenure from 3 months to 72 months, making it easier to manage your EMIs.
4. Competitive Interest Rates
Navi offers interest rates starting as low as 9.9% per annum, depending on your profile and credit score. The platform is fully transparent — no hidden fees, no surprise deductions.
5. Zero Prepayment Charges
Want to close your loan early? Navi doesn’t penalize you for being financially disciplined. You can prepay your loan in full or in part anytime without any extra cost.
Also Read: Top 10 RBI-Approved Instant Loan Apps
Navi Personal Loan Eligibility Criteria
To qualify for a Navi Personal Loan, you need to meet these simple requirements:
- Age: Between 21 and 65 years
- Employment: Salaried or self-employed individuals
- Income: Steady monthly income to support loan repayment
- Citizenship: Must be an Indian resident with valid KYC documents
Navi Personal Loan Interest Rates and Charges
| Loan Feature | Details |
| Interest Rate | Starts from 9.9% p.a. |
| Loan Amount | ₹10,000 to ₹20,00,000 |
| Loan Tenure | 3 to 72 months |
| Processing Fee | Up to 2% of loan amount |
| Prepayment / Foreclosure | No Charges |
| Late Payment Fee | Applicable as per lender policy |
Documents Required for Navi Personal Loan
One of the best parts about Navi is its minimal documentation. You only need:
- Aadhaar Card
- PAN Card
- Bank Account Details for verification and loan disbursal
- Proof of Income (if requested for verification)
All documents can be uploaded directly within the Navi app — no photocopies or physical submission needed.
How to Apply for Navi Personal Loan
Applying for a Navi Personal Loan is quick and simple:
- Download the Navi App from Google Play or the Apple App Store.
- Sign up using your mobile number and complete your KYC.
- Check your eligibility and select the loan amount and tenure.
- Review interest rates and EMI options before confirming.
- Get instant approval, and the funds are credited to your account within minutes.
That’s it — no paperwork, no stress, no waiting.
Also Read: InCred Personal Loan Apply
Conclusion
Money shouldn’t make you wait — and with Navi Personal Loan, it doesn’t have to. Enjoy fast approvals, flexible EMIs, and transparent terms that give you control and peace of mind.
FAQs
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How much loan amount can I get from Navi?
You can borrow anywhere between ₹10,000 to ₹20 lakh with Navi, depending on your income, credit score, and repayment capacity.
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What is the interest rate on Navi Personal Loan?
Navi offers interest rates starting from 9.9% per annum, which may vary based on your credit profile and loan tenure. The rate is transparent with no hidden charges.
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Can I apply for a Navi Personal Loan without a CIBIL score?
Yes, you can still apply. However, a good CIBIL score (700 or above) increases your chances of approval and helps you get a lower interest rate.
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Is Navi Personal Loan safe and reliable?
Absolutely. Navi is an RBI-registered NBFC (Non-Banking Financial Company) that follows all regulatory and security standards. Your personal and financial data is encrypted, ensuring complete safety and privacy.
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Is there any processing fee or hidden charge in the Navi Personal Loan?
Navi charges a processing fee of up to 2% of the loan amount. There are no hidden charges, and you can also prepay anytime without any extra fee.
