Get Instant Personal Loan in Kolkata up to ₹20 Lakh

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

Personal Loan in Kolkata

Kolkata, the land of Rabindranath Tagore and Subhash Chandra Bose, is known for its rich culture and heritage. The birthplace of literary and artistic thought has witnessed many overhauls in the past few years. Currently, the city is also a thriving business hub in West Bengal. Whether it is for education, employment, or running a business, many residents of Kolkata are looking for an easy and affordable financing option. So, if you need an instant personal loan in Kolkata, you can do so by applying through Navi.

Applying for a Navi Personal loan is a breeze. Just download the Navi app, apply in a 100% paperless way and get the amount transferred to your bank account within minutes!

Features and Benefits of Personal Loan in Kolkata

Features and Benefits of Personal Loan in Kolkata

Navi offers instant personal loans. Just apply on the Navi app to get the loan in your account within minutes
No heavy paperwork. No human intervention. The entire process is online
Navi offers personal loans up to ₹20 lakh. Apply for any amount on the Navi app
Avail personal loans with competitive interest rates starting from 9.9% p.a.
Enjoy flexible EMI options and a loan repayment tenure of up to 72 months. Repay the loan at your convenience
You can repay your loan before the scheduled tenure with no additional cost

How to Apply for a Personal Loan in Kolkata?

Download the Navi App from Play Store or App Store
Enter a few basic details like name, address, PAN, etc., to check your eligibility
Enter the loan amount and tenure
Our representative will call you. Complete your V-KYC with PAN
Enter bank details and set-up auto pay. Get instant money in your bank account

How to Apply for a Personal Loan in Kolkata?

Eligibility Criteria and Documents Required

Indian Resident 18-65 years of age

PAN Card Holder

Salaried or Self-Employed

Aadhaar Card Holder

Interest Rates for Personal Loan in Kolkata

Navi Personal Loans come with attractive interest rates starting from 9.9% p.a. and are disbursed instantly. Nevertheless; your eligibility will decide the final interest rate
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

How to Calculate EMI on Personal Loan?

Calculate your loan EMI beforehand to better plan your loan and manage your finances. You can either calculate your loan EMI manually or take the help of our personal loan EMI calculator. Here’s the formula for 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 can be tasking. A better alternative would be using Navi Personal Loan EMI Calculator. All you have to do is select the loan amount, interest rate and loan repayment tenure. The calculator will show you the EMI in a matter of seconds.

Personal Loan Calculator

Loan Amount

Rate of Interest (P.a)

%

Loan Tenure (Months)

months

Monthly EMI

0

Total Interest

Total Amount

Why Choose Navi Personal Loan in Kolkata?

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.

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.

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Frequently asked questions

The final interest rate offered on personal loans is solely at the discretion of the lender. However, having an excellent credit score and repayment history can fetch you better deals on interest rates.

Yes, you can take a personal loan for renovating or repairing your house. Personal loans don’t have any end-use restrictions, and one can use them to meet any financial need.

Personal loans are unsecured loans, meaning, you don’t have to pledge collateral or a guarantor to get a loan.
If you have sufficient funds, you can choose to pre-close your loan via making full repayment before the completion of your tenure. This can save you from paying the interest on your loan. Navi doesn’t charge any pre-closure fee.
You can repay your loan in EMIs. All you need to do is link your bank account to the Navi app. Your EMI will get automatically deducted on the due date.

Here are some of the factors you could consider before taking a personal loan in Kolkata:

  • Credit score: Having a good credit score can help you fetch better deals on your loan. Similarly, a poor credit score could lead to loan rejection
  • Repayment capacity: Check your repayment capacity before taking a loan. Missed EMI payments could hurt your credit score and put a dent in your creditworthiness
  • Loan EMI: Always calculate your loan EMI beforehand to check your monthly repayment obligations. This would help you manage your finances in a better way.
Multiple missed EMIs can call for penalty charges. Also, it can put a serious dent in your creditworthiness.
Yes, you can get an instant cash loan within 1 hour in Kolkata. All you need to do is download the Navi app and apply. It hardly takes a few minutes to get your preferred loan amount transferred to your account provided you are eligible.