If you are searching for how to get loan on navi app you are most likely looking for a quick and hassle-free personal loan. Among instant loan apps in India, Navi is also one of the most popular because it offers fast approvals with minimal documentation, all completely 100% digital.
Be it medical emergencies, education, home expenses, travel, or rent- any urgent requirement, Navi attempts to deliver fast personal loans credited directly into your bank account within just a few minutes. Most people do not read the details and directly apply them. Read and understand Navi’s eligibility rules, document requirements, minimum CIBIL score, interest rates, late fees, and repayment conditions before you apply.
This is what makes you different from others and increases your chances of getting approved. This article explains, step by step, how to get loan on navi app, including common issues that can delay approval, reasons for rejection, what not to do, and complete EMI tables for ₹ 10,000 & 1,00,000 loans. This guide is written to help you make a safe and informed financial decision. It will ensure you meet all the criteria required for loan approval.
What Is the Navi App? (Owner & NBFC Registration)
Navi is a digital financial services platform launched in 2020.
Sachin Bansal, the co-founder of Flipkart, founded it.
Navi provides its personal loan services through:
Navi Finserv Limited (RBI-Registered NBFC)
This means Navi complies with all guidelines set by the Reserve Bank of India, making the loan process legitimate and safe for users.
Features of Navi Personal Loan
Navi offers the following benefits:
- Instant approval using PAN + Aadhaar
- Fully online KYC
- Loan amount from ₹10,000 to ₹20,00,000
- Tenure from 3 to 72 months
- 100% app-based process
- No physical documents required
- Money transferred directly to your bank account
- Real-time eligibility check
Minimum Age Required to Apply for Navi Loan
To apply for a loan, your age must be:
- Minimum: 18 years
- Maximum: 65 years
Applicants below 18 are not eligible.
Documents Required for Navi Personal Loan
You need only a few basic documents:
- Valid Aadhaar Card
- Valid PAN Card
- Active bank account
- A clear selfie for digital verification
⚠ Important:
If your PAN and Aadhaar details contain spelling mistakes or mismatches, your loan will likely be rejected.
CIBIL Score Required to Get a Loan on the Navi App
While Navi does not publish an official score requirement, based on borrower experiences:
- 650 + CIBIL score is ideal
- 600–650 scores may still get approval, but with lower amounts
- Below 600 leads to high rejection chances
A strong credit score can help secure higher loan limits and lower interest rates.
Navi Personal Loan Eligibility Criteria
To understand how to get loan on Navi app, you must meet the following conditions:
- You must be an Indian Resident
- Age between 18 and 65
- Valid PAN and Aadhaar
- Stable income source
- Good repayment history
- Clean credit record
- No active loan defaults
- Navi Finserv must support Location
How to Get a Loan on the Navi App (Step-by-Step Process)
- Download the Navi App from the Play Store. Step
- Register your mobile number and authenticate it with OTP Step
- Enter details of PAN Card Step
- Scan Aadhaar Card Step 5: Instant e-KYC through DigiLocker Step
- Fill in employment details and basic income details. Step
- Select the loan amount and tenure of the loan. Step
- Check the interest rates and EMI bank details provided.
- Application submitted.
- The loan is credited to your bank account once approved.
This entire process takes only five to ten minutes.
Interest Rate and Processing Fees
Navi’s official website shows that personal loan interest rates usually range between:
- 9.9% to 36% per annum
- Processing fee: Up to 4% of the loan amount
- No collateral required
Interest rate depends on your credit profile and repayment history.
Navi Personal Loan EMI Table (₹10,000 Loan Example)
Assuming an interest rate of 18% p.a. and different tenures:
| Loan Amount | Tenure | Approx EMI | Total Interest | Total Payable |
|---|---|---|---|---|
| ₹10,000 | 3 months | ₹3,540 | ₹620 | ₹10,620 |
| ₹10,000 | 6 months | ₹1,780 | ₹680 | ₹10,680 |
| ₹10,000 | 9 months | ₹1,200 | ₹800 | ₹10,800 |
| ₹10,000 | 12 months | ₹920 | ₹1,040 | ₹11,040 |
(EMI may change based on actual rates shown in the app.)
Navi Personal Loan EMI Table (₹1,00,000 Loan Example)
Assuming interest rate: 16% per annum
| Loan Amount | Tenure | Approx EMI | Total Interest | Total Payable |
|---|---|---|---|---|
| ₹1,00,000 | 12 months | ₹9,080 | ₹8,960 | ₹1,08,960 |
| ₹1,00,000 | 24 months | ₹4,890 | ₹17,360 | ₹1,17,360 |
| ₹1,00,000 | 36 months | ₹3,520 | ₹26,720 | ₹1,26,720 |
| ₹1,00,000 | 48 months | ₹2,920 | ₹40,160 | ₹1,40,160 |
Charges & Late Fees
If you delay your EMI:
- Additional interest is charged
- Late payment penalties apply
- Your credit score may drop
- The recovery team may contact you
Never delay payment if you want a clean credit record.
What Happens If You Don’t Repay the Navi Loan on Time?
Not paying on time can cause:
- Lower CIBIL score
- Higher probability of loan rejection in the future
- Late charges and penalties
- Negative credit report for up to 7 years
- Possible legal action in extreme cases
Timely repayment is crucial.
Why Navi Rejects Loan Applications
Common reasons include:
- Incorrect or mismatched PAN/Aadhaar
- Low CIBIL score
- Multiple unpaid loans
- High credit utilization
- Unstable income
- Wrong details submitted
- Location not eligible
- Frequent loan applications from other apps
Fixing these issues increases your chances of approval.
Essential Tips Before Applying for Online Loans
- Borrow only what you genuinely need
- Check if your EMI fits your monthly budget
- Ensure all documents are updated and correctly spelled
- Avoid too many loan inquiries
- Maintain a clean repayment record
- Always check interest rates and charges carefully
- Prefer longer tenure only if EMI is too high
Document Spelling Mistakes – Will Navi Reject the Loan?
Yes.
Navi’s digital verification system checks for:
- Name spelling mismatch
- PAN–Aadhaar mismatch
- Invalid KYC
- Wrong date of birth
- Name mismatch in the bank account
Any mismatch leads to instant rejection.
Always apply with the correct documents.
Who Should Avoid Taking a Navi Loan?
- Individuals with no stable income
- People are already struggling with debts
- Applicants with very low credit scores
- Students without income
- Anyone unable to repay EMIs on time
- Users whose documents are not updated
Taking a loan without the capacity to repay it creates financial risk.
Final Thought
Navi personal loan is a quick and reliable option for individuals looking for instant online credit. With fully digital KYC, fast approvals, and flexible tenures, it has become one of the most preferred loan apps in India. If you follow the steps and guidelines explained in this article on how to get loan on Navi app, your chances of approval will significantly improve. Always borrow responsibly and repay on time to maintain a healthy credit profile.
Disclaimer
This article is for educational purposes only. Loan terms, interest rates, and eligibility criteria may change. Always verify details from the official Navi app before applying.
