Get Instant Personal Loan in Kolkata up to ₹20 Lakh
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 online 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
How to Apply for a Personal Loan in Kolkata?
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
| 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.
Various Use Cases of Personal Loan
Trusted by Millions of Users
What our customers say about us
Blogs
June 22
Different Types of Loans Available In India: Which One Do You Need
Financial institutions in India offer a wide array of loans to customers. Want to know more about the different types of loans? Click here!
June 15
Online Instant Paperless Loans: Benefits, Eligibility Criteria And Other Features
Want to know about paperless loans? Navi provides paperless loans online upto 5 lacs at low interest rates in 20 minutes. Check procedure, eligibility & apply now!
Dec 18
Marriage Loan In India: Get Low Cost EMI Wedding Loans In 2022
Planning your dream wedding? Here's how to get a personal loan for marriage, features, benefits, steps to apply and more! Read now!
Explore our videos
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.
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.