Navi Personal Loan 50000
Financial emergencies come unannounced. Instead of breaking your FD or any other savings instrument, you could opt for an instant personal loan of ₹50,000 with Navi. Enjoy competitive interest rates and flexible EMI options with Navi Personal Loan.
Getting a loan from Navi is easy and hassle-free. All you have to do is download the Navi app from Google Play Store and apply for the loan. The entire process is online – from application to disbursal. You will get the amount disbursed to your account within a few minutes.
Navi provides Online personal loan at lucrative interest rates that start from 9.90% per annum. However, the interest rate set for you will depend on your eligibility.
Interest Rate | 9.90% p.a. onwards |
Processing Fee | Up to ₹7,500 |
Loan Amount | Up to ₹20 lakh |
Loan Prepayment Fee | Nil |
Loan Tenure | From 3 to 72 months |
You can either manually calculate the EMI on your ₹50,000 loan or use a personal loan EMI calculator. The formula for calculating your EMI amount is mentioned below:
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 loan beforehand will help you set up a realistic budget. Along with that, it will also help you understand the monthly repayment commitments. However, calculating the EMI amount manually can get complicated. To help you with this, Navi offers a personal loan EMI calculator to calculate the EMI amount. You just need to provide the loan amount, rate of interest and tenure of the loan and the EMI amount will be visible on the screen.
Loan Amount
Rate of Interest (P.a)
%
Loan Tenure (Months)
months
Monthly EMI
0
Total Interest
Total Amount
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.
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.
100% app-based paperless process. You can apply for a loan from anywhere, anytime.
June 14
Personal loans are unsecured loans that do not require collateral.
April 19
India is going digital and to stay aligned with the digitisation-for-all goal, most financial institutions are also implementing new technology to mitigate the need for physical documents.
Feb 11
The trend of instant personal loans is ballooning these days. All of this is possible because of the various instant personal loan platforms, and the Navi Instant app is one among the best of them.
June 14
Personal loans are unsecured loans that do not require collateral.
April 19
India is going digital and to stay aligned with the digitisation-for-all goal, most financial institutions are also implementing new technology to mitigate the need for physical documents.
Feb 11
The trend of instant personal loans is ballooning these days. All of this is possible because of the various instant personal loan platforms, and the Navi Instant app is one among the best of them.
Mentioned below are some of the factors that you should consider before taking a ₹50,000 personal loan: