Get an instant ₹10 Lakh Personal Loan with Navi

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

About ₹10 Lakh Personal Loan

In urgent need of ₹10,00,000? Apply for a ₹10,00,000 personal loan with Navi for instant approval and disbursal. It’s hassle-free and just takes a few minutes of your time. From paying medical bills to funding a wedding, education, or starting a small business. Navi Personal Loan is the friend you can bank on.

All you need to do is download the Navi app from the Play Store or App Store and apply for the required amount. The entire process, from application and approval to disbursal, is online and 100% paperless. You will also enjoy flexible EMI options with a loan tenure of up to 72 months.

Features and Benefits of ₹10 lakh Personal Loan

Features and Benefits of ₹10 lakh Personal Loan

Navi offers instant approval and disbursal of loans. Just download the Navi app and apply
There is no processing fee for loans of ₹50,000 and above. Get the exact amount that you require.
No heavy paperwork. No human intervention. Just apply on the Navi app and get the loan disbursed to your account
Enjoy flexible EMI options with Navi with a repayment tenure of up to 72 months
Navi offers competitive interest rates starting from 9.90% p.a.
Close the loan by paying a lump sum. Navi does not charge pre-closure fees

How to Apply for ₹10 Lakh Personal Loan?

Download the Navi App from Google Play Store or App Store
Provide a few basic details like name, address and PAN card number to check your eligibility
Enter the loan amount and tenure of your personal loan
Our representative will call you. Provide your PAN or Aadhaar card (optional) details to complete the KYC
Enter bank details and set up auto-pay. The loan will be disbursed to your bank account

How to Apply for ₹10 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

₹10 Lakh Personal Loan Interest Rates in India

Navi offers instant personal loans at attractive interest rates starting from 9.9% p.a. However, the final interest rate offered will depend on your credit score.
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 ₹10 Lakh Personal Loan EMI?

You can calculate the EMI for your ₹10,00,000 loan either manually or with the help of a personal loan EMI calculator. The formula for loan EMI calculation is as follows:

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

Calculating the EMI in advance can help you plan out your finances better. However, manual calculations are time-consuming and leave room for error. Navi offers you a personal loan EMI calculator for easy calculations of your monthly repayment obligations. Just enter the loan amount, rate of interest and loan tenure. The calculator will display the EMI amount within seconds.

Personal Loan Calculator

Loan Amount

Rate of Interest (P.a)


Loan Tenure (Months)


Monthly EMI


Total Interest

Total Amount

Why Choose Navi for your ₹10 Lakh 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.

No paperwork

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

Competitive rates and charges

We are here to make personal finance accessible to all. So, keeping the affordability factor in mind, we offer you one of the lowest interest rates in the market today.

Trusted by Millions of Users

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App Downloads
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Loan amount disbursed
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June 14

Benefits Of A Personal Loan, How To Apply Online And Things To Consider Before Getting A Personal Loan

Personal loans are unsecured loans that do not require collateral.

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Frequently asked questions

Here are some of the factors that you should consider before taking a personal loan:

  • Credit Score: the credit score determines your creditworthiness. A good credit score helps get instant loan approvals. But a poor credit score might also lead to loan rejection. It is advisable to keep your credit score high by paying the existing debts on or before the due date.
  • Loan EMI: Calculating the loan EMI in advance will help you prepare a realistic budget keeping the repayment obligations in mind.
  • Repayment capacity: You must always check whether you have the capacity to repay the loan. Not paying your EMI timely might lower your credit score and affect your creditworthiness.
In order to get a loan without a CIBIL score or a low CIBIL score, you can provide income proof to justify your loan repayment eligibility. However, with Navi, you do not need any other document apart from your PAN or Aadhaar card.
Preferably, a credit score of 750 and above is considered a good or healthy credit score to apply for loans.

The factors that affect getting a personal loan are:

  • Income
  • Credit score
  • Loan Payment history
  • Banking relationship
Eligibility for a loan varies from lender to lender. However, the credit score is an important factor that lenders consider. Although you might get an instant loan with a low credit score, keeping it high will help keep your loan application process hassle-free.
The other charges may include late payment fees, processing fees, GST, prepayment charges, etc. However, Navi does not charge any processing fee for loans of ₹50,000 and above.
Missing EMIs multiple times will result in loan default. It will also have a negative impact on your credit score.

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