offers personal loans starting at 9.9% p.a. onwards for tenures of up to 48 months and for loan amounts of up to Rs 20 lakh. Borrowers can avail the digital personal loan through Navi app with zero processing fees. The cash loan processing is entirely paperless, based on PAN and Aadhaar Number. Navi personal loan is sanctioned within 10 minutes and is disbursed instantly to the applicant’s bank account.
Navi Finserv has not disclosed the prepayment or foreclosure charges for personal loans. Hence, borrowers should contact the lender about these charges before foreclosing.
| Navi Personal Loan Highlights | |
| Interest Rate | 9.90%-45.00% p.a. |
| Loan Amount | Up to Rs 20 lakhs |
| Loan Tenure | Up to 48 months |
| Preclosure Fees | Nil |
Eligibility Criteria for Personal Loan
Personal loan applicants should meet the below eligibility criteria to avail personal loan from Navi Finserv:
- Indian Citizen Age: 18 to 65 years
- Income criteria: Annual income above Rs 3 lakhs for both salaried and self-employed applicants
- CIBIL score should be above 750
Navi Personal Loan Processing Fees & Charges
Navi Finserv has not disclosed the prepayment or foreclosure charges for personal loans. Hence, borrowers should contact the lender about these charges before foreclosing the loan.
Documents Required for Navi Personal Loan
Stated below are the documents required for availing personal loan or cash loan from Navi Finserv:
- PAN Card
- Aadhaar Card
