Get Instant Personal Loan with Navi
Enjoy attractive interest rates starting at 9.9%
p.a. with flexible EMI options.
What is a Personal Loan?
A personal loan is a loan you can avail of to meet any financial requirement, be it for paying your credit card bills or funding your wedding. These loans are unsecured loans, meaning you don’t have to pledge collateral or a guarantor to get the loan. Like any other loan, you are required to repay the borrowed amount in EMIs (Equated Monthly Instalments).
Navi offers instant personal loans with minimal documentation in a 100% paperless manner. Download the Navi app from Play Store or App Store, apply and get your preferred loan amount disbursed to your account within minutes.
Features and Benefits
Instant Disbursal
No more waiting for 3-4 days. Download the app and apply for the amount you need. If you are eligible, money will be disbursed to your bank account within a few minutes. You heard that right, it’s that fast and simple
100% Paperless Process
Zero paperwork is required to get an instant loan with Navi. The entire process - from loan application to disbursal - is entirely app-based. This makes it easier for our customers to apply for a loan from anywhere, anytime
Flexible EMI Options
Get your loan and repay it in easy EMIs at your convenience. We offer flexible repayment tenures of up to 6 years or 72 months. Select your preferred tenure and pay off your loan stress-free
Minimal Documentation
Say goodbye to heavy paperwork. Get instant personal loans of your choice with Navi at attractive interest rates. All you need is your PAN card as the primary document, that’s it!
No Collateral Required
Personal loans are unsecured loans, meaning you don’t have to pledge collateral or a guarantor. The loan amount and interest rate are decided based on your eligibility
Get Loan Amount of Your Choice
Whether you want immediate cash to pay your medical bills or fund your next staycation, we have loans for every need. Apply for Navi Personal Loan today and get instant loans of up to ₹20 lakh
Interest Rate and Charges
Interest Rate: 9.9% - 45% p.a.
Loan Amount: Up to ₹20 Lakh
Tenure: Upto 72 months
How to Apply for Navi Personal Loan ?
Get the Navi App
Download Navi App from Play Store or App Store
Check your eligibility
Enter a few basic details to check your eligibility
Select loan details
Enter loan amount and tenure.
Complete KYC verification
Complete your video-KYC using PAN, Aadhaar and Selfie.
Link your bank account and Get your loan
Enter bank details and set-up auto pay. Get instant money in your bank account.
Eligibility Criteria
PAN card holder
Salaried or Self-employed
Good CIBIL score*
Documents Required
Navi offers instant loans with minimal documentation. To complete your KYC, you just need
PAN card
Aadhaar Card
Usecases of Personal Loan
What our customers say about us
It's a superb app that provides loan with minimum document. The approval process is too fast, within 10 minutes amount was credited to my account. Thanks a lot team.
Jajnyeswar Medhi
The easiest way I have ever received a loan. It was beyond my expectations as I had to upload everything online and my loan was credited within few minutes. Thank you Navi!!
Mriganka Baishya
I required money for my mother's sudden illness. They were in the way of hospital and i was just thinking that from where should I send money. Navi app helped me with immediate loan. Thanks again
SS Rathore
It's a superb app that provides loan with minimum document. The approval process is too fast, within 10 minutes amount was credited to my account. Thanks a lot team.
Jajnyeswar Medhi
The easiest way I have ever received a loan. It was beyond my expectations as I had to upload everything online and my loan was credited within few minutes. Thank you Navi!!
Mriganka Baishya
I required money for my mother's sudden illness. They were in the way of hospital and i was just thinking that from where should I send money. Navi app helped me with immediate loan. Thanks again
SS Rathore
This is the first time that I had great experience personal loan, thanks to Navi App. The option provided for loan customisation is excellent for hassle-free repayment. This is the one of the best App and highly recommended.
Senthil Murugan
I felt it is the best instant loan app in the market at present. Very simple process of availing the loan. This app does not ask for a lot of personal or device or bank information like other instant loan apps. Keep it up team!
Kartik Talwar
Excellent & Quick. Fast & quick disbursement when you are in urgent need money is what most of us look for. Thank you so so much Navi.Hope this service continues in coming days too.
Kavya MN
I am really very happy and impressed with the Navi Personal loan App. I applied for a loan and it got approved quickly without any problem. The loan process was very smooth. I recommend this App for personal loans.
Kurapati Durgaprasad
Navi is a simple app for personal loans. It needs minimum documentation. I applied for a loan it hardly took 5-10 minutes for loan disbursal. Thank you Navi!
Vikas Kumar
Wonderful app. Very easy to use and everything described very clearly to avoid any confusion. I am using this app for last 7 months and have a loan but I never faced any inconvenience related to payment or anything else.
Yogesh Kumar
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Frequently asked questions
How to repay my Navi Personal Loan?
You can repay your loan in Equated Monthly Instalments or EMIs during the loan tenure. If you link your bank account through the Navi App by setting up an E-Mandate, the EMI amount would be auto debited from your bank account on the specified date set-up by you every month.
Can I foreclose or pre-pay my personal loan?
Yes, you can foreclose or prepay your personal loan after the payment of at least one EMI, subject to terms and conditions terms and conditions.
What happens if I default on my loan?
Defaulting on EMI payments will lead to bounce charges, penal interest and late payment fees being levied, as per the terms and conditions of the loan agreement. Most importantly, this could affect your credit score.
What’s the maximum amount of loan I can borrow from Navi?
Navi offers maximum loan amount of ₹20 lakh from Navi. The sanctioned loan amount is subject to Navi’s underwriting. The maximum repayment tenure is 6 years i.e. 72 months.
Do I need to provide any security or collateral for Navi Personal Loan?
Personal loans are unsecured loans. You do not have to provide any security or collateral.
Do I need to have a good credit score to get a loan?
Having a credit score of 720 or above is always good to get the best loan offers. However, that doesn’t necessarily mean that you won’t get a loan if you don’t have an excellent credit score.
How do I improve my credit score?
Healthy financial habits like paying all your credit card bills and loan EMIs on time, avoiding multiple loan applications in quick succession, and checking your credit score regularly to spot and rectify errors (if any) among other things could help gradually improve your score. We have an extensive blog and a video on the same in case you want to learn more about it.
What is a pre-approved personal loan?
If you’re pre-approved for a loan, it means the lender has already evaluated your loan eligibility. For pre-approved loans, the loan offer processing has already happened basis your credit profile.
What could be the reason for KYC rejection?
This could happen if there’s a mismatch with your details. For any help during such situations, write to us at [email protected] [email protected]
What should I do if my Aadhaar is not linked with my mobile number?
You can get your mobile number linked at your nearest Aadhaar Seva Kendra.
In case of any pre-payment / excess amount paid, how will the same be appropriated in the loan account
In case of any pre-payment / excess amount paid the same will be paid towards the principal outstanding.
Can I borrow more money than what has been disbursed to me?
Our system generates the maximum amount you are eligible for based on various parameters like your credit score, income, etc. You will not be able to borrow a higher amount than this amount for this time. But, if you show consistent repayment record, we could offer you a Top-Up loan after some time or you could be eligible for a higher amount next time.
How is the interest rate determined for my personal loan?
Personal Loan interest rates are applied basis the defined pricing matrix followed and standardised as per customer’s profile.
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