Get an instant ₹1 Lakh personal loan with Navi

Enjoy attractive interest rates starting at 9.9% p.a. with flexible EMI options

About ₹1 Lakh Personal Loan

Need an instant personal loan of ₹1 lakh urgently? Thanks to Navi’s quick disbursal and 100% paperless feature, you can now get an instant personal loan easily.

All you have to do is install the Navi app on your mobile. From applying and approval to disbursal, the whole process is fast, convenient and can be completed within a matter of minutes. You will also enjoy flexible EMIs and competitive interest rates. Whether you need an instant ₹1 lakh loan or more, Navi has got you covered!

Features and Benefits of ₹1 lakh Personal Loan

Features and Benefits of ₹1 lakh Personal Loan

Navi senses your urgency. Get an instant personal loan by downloading the Navi app
No heavy paperwork. Just apply on the Navi app with PAN or Aadhaar details (optional)
Navi offers loans of up to ₹20 lakh. Choose any loan amount to meet your financial needs
Enjoy flexible EMI options and repayment tenure of up to 72 months. Repay the loan at your convenience.
Navi offers competitive interest rates on personal loans starting at 9.9% p.a.
Security or collateral not required. Just apply for a loan on the Navi app

How to Apply for ₹1 Lakh Personal Loan?

Follow the steps to apply for a personal loan of ₹1 lakh
Visit the Play store or App store. Download the Navi app
Provide your details such as name, address and PAN card number to check your eligibility
Enter your loan amount and tenure
Our representative will call you. Provide PAN or Aadhaar details (optional) to complete your V-KYC verification
Link your bank account to the Navi app and set up auto-pay. Get instant disbursal of the loan amount into your account

How to Apply for ₹1 Lakh Personal Loan?

How To Apply

Eligibility Criteria and Documents Required

Indian Resident 18-65 years of age

PAN Card Holder

Salaried or Self-Employed

Aadhaar Card Holder

₹1 Lakh Personal Loan Interest Rates in India

Navi offers attractive interest rates, starting from 9.9% p.a. The rate of interest varies depending on your eligibility
Interest Rate9.90% p.a. onwards
Processing FeeUp to ₹7,500
Loan AmountUp to ₹20 lakh
Loan Prepayment FeeNil
Loan TenureFrom 3 to 72 months

How to Calculate ₹1 Lakh Personal Loan EMI?

You can calculate EMI in two ways – manually or by using online calculators. Here is the formula for personal loan EMI calculation:

EMI = P × r × (1 + r)n/((1 + r)n – 1) where P= Loan amount, r= interest rate, n=tenure in number of months.

However, manual calculations require time and leave room for errors. Instead, use Navi’s personal loan EMI calculator. Just enter your loan amount, interest rate and repayment tenure to get an EMI estimate. Knowing the EMI amount beforehand will help you manage your finances better.

Personal Loan Calculator

Loan Amount

Rate of Interest (P.a)


Loan Tenure (Months)


Monthly EMI


Total Interest

Total Amount

Why Choose Navi for your ₹1,00,000 Personal Loan?

Instant disbursal

If you need instant cash to cross any financial hurdle, choose Navi. It hardly takes a few minutes to apply and get the loan disbursed to your account if you are eligible.

Repay at your convenience

We give you the flexibility to repay your loan in easy EMIs at your convenience. Choose loan tenure as per your wish.

No paperwork

100% app-based paperless process. You can apply for a loan from anywhere, anytime.

Trusted by Millions of Users

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App Downloads
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Loan Sanctioned
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Loan amount disbursed
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Active Loans

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June 14

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Frequently asked questions

You can pay your ₹1 lakh personal loan via EMIs. Just link your bank account to the Navi app and set up an auto-debit. The EMI will get automatically deducted from your bank account every month on the due date.
The interest rate for your personal loan is decided based on parameters such as loan amount, credit score and repayment capability.

Here are some of the factors you could consider before taking a ₹1 lakh personal loan:

  • Credit score: Having a good credit score implies that you will be able to pay off the loan effortlessly. In other words, it determines your creditworthiness. Better the credit score, the higher the chances of getting a loan at attractive interest rates.
  • Repayment capacity: Assess your repayment capacity before applying for a loan. If you default on EMI payments, it could hurt your credit score.
  • Loan EMI: Make sure to calculate the EMI on your loan before applying for a loan. This will help you to plan your financial obligations.
Yes, you can choose to close your loan account in advance through prepayment. With Navi, there are no prepayment charges.
Yes, you can get a ₹1 lakh personal loan with minimal documents through the Navi app. Only your PAN card details are required.
You can use the loan amount for any financial requirements – from booking tickets to your favourite destination to shopping for an upcoming festival.
You might get the desired amount but the interest rate could be in the higher bracket. Also, having a poor credit score could lead to loan reflection. So, always strive to maintain a healthy credit score.

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