Navi App Personal Loan: Get a personal loan from 5,000 to 1 lakh instantly

 Navi App Personal Loan : Navi App Personal Loan If you don't have money and need an immediate loan, you can take an instant loan from the new app. Personal loans can be taken from Navi App starting from Rs 5000 to a maximum of Rs 1 lakh. The interest rate applicable on the new app personal loan depends on the user's eligibility and credit history. Loans can be taken from this app with minimum documents which are based on Aadhaar Card and PAN Card.

Generally, the initial interest rate of these loans is 9.9% per annum. If you are in need of a loan then you should get the detailed information about New App Personal Loan which is available in this article. Here you will know what is New App Personal Loan? What is its eligibility criteria? What are the documents required? And how to apply for New App Personal Loan online.

What is Personal Loan?

Navi App Personal Loan is a platform that offers users personal loans of up to Rs. 1 lakh. Users looking for instant loans can use this app to get a loan as per their requirement with zero processing fees and minimum documents. Let us tell you that the repayment period of this loan is up to a maximum of 6 years and if you are eligible, you can get a personal loan like a home loan, consumer loan or vehicle loan in 10 minutes.

Interest rate of personal loan

The starting interest rate on the new Finserv personal loan is just 9.9% and can go up to a maximum of 45%. We would like to inform you that the interest rate of new app personal loan also depends on the applicant's eligibility. The interest rate is determined by evaluating factors such as applicant's job profile, credit score, loan payment record, monthly income, age, etc.

Personal Loan Benefit

• Under the new app personal loan, a maximum loan of 1 lakh rupees can be taken.
• Users can get a personal loan in 10 minutes.
• It has been sanctioned by RBI and NBCC.
• The process of taking a loan from this is based on Aadhaar card and PAN card.
• Consumer loans, vehicle loans and home loans can be availed under the new app Personal Loan.
• No processing fee is charged for the new personal loan.
• New App Personal Loan interest rates start at just 9.9%.

Eligibility Criterion

Navi App Personal Loan: To get a personal loan, make sure you meet the following eligibility criteria –

• Make sure you are essentially an Indian citizen.
• Provide proof that your age is between 21 years to 65 years.
• You must have some source of income, ie, you are either a working or non-working applicant.
• Make sure you have all KYC documents available.
• Check that your CIBIL score is above 650.
• Your annual income should be more than ₹3,00,000.

Documents required for Personal Loan

• Aadhaar Card
• Address proof
• PAN card
• Email Id
• Bank statement
• Pay slip
• mobile no
• A selfie.

How to take personal loan

If you need a loan and want to take a loan from a new app, you can apply for a new app personal loan online. For this, follow the step by step below-

• First of all you can go to the Google Play Store and download the ship app.
• After downloading the application, open it and create an account through the mobile number linked to the Aadhar card.
• After creating an account, go to “Loan Section” and click on Personal Loan option.
• After clicking, tab on the Apply button.
• Now an application form will open, enter the necessary basic details asked here.
• After providing the basic details, upload the important KYC documents.
• After doing this, the verification of your documents will be completed and if all documents are correct, the money will be transferred to your bank account.