Navi: Loan, Insurance & Funds 4+
Instant & Paperless Process
NAVI TECHNOLOGIES PRIVATE LIMITED
-
- Free
iPhone Screenshots
Description
1. Cash Loan
Get an Instant Cash Loan of up to ₹20 Lakh with the Navi Personal Loan app. Our APR varies from 9.9% to 36%* & you can choose a wide range of repayment options starting from 3 to 48 months.
Personal/Cash Loan Features & Benefits
● Loan Amount: Up to ₹20 Lakh
● Interest Rate: Starting from 9.9% - 36% p.a
● Loan Tenure: 3 to 48 Months
● 100% digital process
● Instant money transfer to your bank account
● Minimum household income: ₹3,00,000 p.a
● No security deposit
How to apply for a Cash/Personal Loan?
- Download the Navi app
- Enter your details & check eligibility
- Enter the loan amount & select the tenure
- Complete your video KYC using PAN & Aadhaar
- Add your bank account, set auto-pay & get instant cash in your bank account
Example of How Navi Personal/Cash Loan works
Loan Amount - ₹50,000
Tenure - 12 months
Interest Rate - 22% (on reducing principal balance interest calculation)
EMI - ₹4,680
Total Interest Payable - ₹4,680 x 12 months - ₹50,000 Principal = ₹6,160
Processing Fees (incl. GST) - ₹1,475
Disbursed Amount - ₹50,000 - ₹1,475 = ₹48,525
Total Amount Payable - ₹4,680 x 12 months = ₹56,160
Total Cost of the Loan = Interest Amount + Processing Fees = ₹6,160 + ₹1,475 = ₹7,635
*Note: These numbers are for representation purpose only. Final interest rate & APR will depend on customer’s credit assessment
2. Home Loan
Get up to ₹5 Crore loan at an attractive interest rate starting at 8.74% p.a with flexible EMI options on Navi Home Loan app
Home Loan Features & Benefits
● Loan Amount: Up to ₹5 Crore
● Interest Rate: Starting from 8.74% p.a.
● Loan Tenure: Up to 30 Years
● Zero Processing Fees
● 100% paperless application process
How to apply for a Housing Loan?
- Download the Navi app
- Enter your personal & employment details
- Complete your KYC with PAN, Aadhaar & bank statements
- Get financial sanction letter
Navi Home Loan is available in Mumbai, Bengaluru, Hyderabad, Chennai, Delhi NCR, & Pune.
3. Health Insurance
Navi Health Insurance app provides a comprehensive health insurance plan which helps secure your family’s financial future with up to ₹1 crore cover.
Health Insurance Feature & Benefits
● Cover up to ₹1 crore
● Premium starts at ₹235/month
● 20 min cashless claim settlement at 10,000+ network hospitals
● 100% hospital bill covered
● 100% paperless process
● Insurance top-up & porting facilities available
How to buy Navi Health Insurance?
- Download the Navi app
- Get an instant quote
- Pay your premium & get access to your policy documents
How to claim Health Insurance?
- Select your admittance date & hospital
- Upload all the documents on the Navi App
- Avail of cashless claims with Navi
CIN: U66000MH2016PLC283275 | IRDAI Registration Number: 155
4. Mutual Fund
Navi Mutual Fund app helps you to invest in a wide range of funds, such as Navi Nifty 50 Index Fund, Navi Nasdaq 100 Fund of Fund, among various other active schemes.
Navi Mutual Fund Feature & Benefits
● Low expense ratio
● Diversification
● Start investing with as low as ₹10
How to invest in Navi Mutual Fund?
- Download the Navi app
- Select a Mutual Fund
- Complete your KYC
- Select SIP or Lump Sum
- Enter the investment amount & start investing!
*MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS. READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY.
About Navi
Navi app is developed & owned by Navi Technologies Limited founded in December 2018 by Sachin Bansal and Ankit Agarwal, with the objective to simplify finance for a billion people.
The Personal/Cash & Home Loans are provided by Navi Finserv Limited, a Non-Deposit taking systemically important NBFC registered & regulated by the RBI.
Health Insurance is offered by Navi General Insurance Limited, a company registered with the IRDA as a general insurer.
Navi Mutual Fund, registered with the SEBI, offers multiple mutual fund schemes to investors.
Contact us:
● Loan: help@navi.com
● Insurance: insurance.help@navi.com
● Mutual Fund: mf@navi.com
What’s New
Version 2.7.2
Performance enhancements and bug fixes.
Ratings and Reviews
Best app for instant loan
I’m a customer of SBI bank from at least 15 years ,have credit card of SBI doing enough transaction every month but when I ask for loan of 1lakh bank manager look at me that I asked for 1 crore .he tell for loan I must have salary account but I’m in business and I give Salaries to my staffs but I’m not egible for loan because I don’t have a current account in their bank so I will have to a current account run it properly for 3 months then manager will think about my loan and also he will visit my shop and then he will see whether I’m eligible for a loan of only 1lakh .my friend told me about this app a guy come to my shop and within 10 minutes I got 95 thousand without any problems.I thanks to this app and the guy who helped me when my bank refused
Thanks for help
Developer Response ,
We appreciate you taking out the time to give your feedback, Niraj. We are delighted you had a great experience with us.
Home Loan
I recently availed a home loan from Navi. To put in few words, I have had an amazing experience partnering with the team. This being my first ever loan, was quite worried if I was taking the right decision, but the teams and especially Mr. Vaibhav Bhagat’s assurance only let me move forward. The application process is paperless and seamless. The review/ assessment of the application is quick and the team does not whine about any issues but find out a way to get the job done. It felt like the team wanted more than I did, a house to myself. They are very supportive of young professionals/ entrepreneurs naturally because they themselves are a team of young professionals. I would highly recommend Navi for your home loan requirements. Thanks Navi Team
Developer Response ,
Delighted to hear this from you. Your admiration will help us flourish and serve better.
Recommended for Health Insurance
I recommend Navi App for Health Insurance purchase. I haven’t made any claims yet but the purchase process and policy benefits are best.
Previous Review: Using the app for about 2 years for health insurance. After the recent update, app is not usable without contacts permission. It should be optional. Navi is asking for contacts permission to detect network fraud. It might be relevant for loans product but don’t see a reason it is related to health insurance. Give me a way to access my health insurance policy without giving contacts permission.
Edit - 20 Nov : App is usable now without contacts permission in case of only health insurance. Thanks Navi team for fixing it.
Developer Response ,
Harsha, we understand your concern about app permissions. These are necessary to ensure effective fraud prevention. We highly appreciate your cooperation in granting the required permissions to use the Navi app. Rest assured, your data security is our top priority.
App Privacy
The developer, NAVI TECHNOLOGIES PRIVATE LIMITED, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Location
Data Linked to You
The following data may be collected and linked to your identity:
- Location
- Contacts
- Usage Data
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Diagnostics
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- NAVI TECHNOLOGIES PRIVATE LIMITED
- Size
- 299.3 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 13.0 or later.
- iPod touch
- Requires iOS 13.0 or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Copyright
- © 2023, Navi Technologies Limited
- Price
- Free