Regulated NBFCAll Eligible Borrowersunsecured

Navi Instant Personal Loan

नवी इंस्टेंट पर्सनल लोन

100% digital instant personal loan via Navi app up to ₹20 Lakhs with ZERO foreclosure charges.

Max Loan Amount

₹10,000 to ₹20,00,000 (100% paperless app loan)

Interest Rate

9.90% - 36.00% p.a. (risk-grade fixed)

Tenure

3 to 72 months

Processing Fee

NIL to 3.99% of loan amount + GST (ZERO processing fee for select customers)

✦ What It Is: Product Architecture & Regulatory Scope

Navi Finserv's 100% paperless digital lending app, offering instantaneous personal loans up to ₹20 Lakhs with ZERO foreclosure charges and zero physical paperwork.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Wide interest rate range reaching up to 36% p.a. for riskier credit profiles. • Processing fee up to 3.99% + GST applies for non-prime borrowers. • Strictly available only on the Navi Android/iOS mobile application.

✦ Key Benefits & Features

• ZERO FORECLOSURE CHARGES: Prepay or close loan anytime with zero penalty fees • Disbursal in under 10 minutes directly into borrower's bank account • 100% paperless digital process via Navi mobile app • Tenure flexibility from 3 months up to 72 months.

✦ Prepayment, Part-Payment & Foreclosure Rules

ZERO (NIL) prepayment and ZERO foreclosure charges across all tenures!

✦ Eligibility Requirements

Indian residents with smartphone and verified bank account. Min Age: 21, Max Age: 65. Min Monthly Income: ₹15,000. Min CIBIL: 680.

Min Age21 Years

Max Age65 Years

Min Monthly Income₹15,000

Min CIBIL Score680+

✦ Documents Required

• Completely paperless (PAN and Aadhaar verified digitally).

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Open Navi App > Instant Cash Loan. Select amount and tenure, complete Aadhaar OTP e-sign. Disbursed in 5 minutes.

Pathway B

New Online Applicant (Fresh Digital)

1. Download Navi App from Play Store / App Store. Enter PAN, link bank account via Account Aggregator, and complete digital KYC.

Pathway C

Branch Walk-In Application

Not applicable — 100% digital app-only product.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (Navi Finserv Official Portal)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on Navi Instant Personal Loan

Are there really zero foreclosure charges in Navi?

Yes! Navi Finserv charges ZERO prepayment or foreclosure fees across all loan tenures.

How quickly are funds disbursed?

Funds are transferred directly into your bank account within 10 minutes of completing digital setup.

Can self-employed borrowers apply?

Yes, both salaried and self-employed individuals can apply via the Navi app.