Navi Loan App: A Comprehensive Guide

navi loan app

Are you looking for a reliable and user-friendly loan app? Look no further than Navi Loan App! In this article, we’ll take a closer look at the features of the Navi Loan App and how it can help you fulfill your financial requirements.

What is Navi Loan App?

Navi Loan App is a digital lending platform launched in 2020 by Sachin Bansal, co-founder of Flipkart, and Ankit Agarwal, who had previously worked with Bank of America and Deutsche Bank. The app offers a range of financial services, including loans, insurance policies, and mutual funds.

Who Can Use Navi Loan App?

The Navi Loan App is suitable for people who are financially independent and wish to purchase financial products or services based on their requirements. While any Indian citizen above the age of 18 can register with the Navi App to use the UPI service or purchase insurance policies for themselves or their families, there are a few eligibility criteria for other financial services. To apply for loans using the Navi App, the eligibility criteria are:

  • The applicant should be an Indian national.
  • The applicant should be above the age of 21 to avail of a cash loan.
  • The applicant should be above the age of 22 to avail of a home loan.
  • The applicant can be salaried or self-employed.

Features of Navi Loan App

The Navi Loan App offers a seamless experience with a complete paperless process with minimal documentation and claims 100% transparency in the process. Here are some of its features:

Instant Loans

The app offers instant loans up to Rs 5 lakh with affordable interest rates based on your profile.


Navi has recently tapped into micro-financing to provide small loans to people who need them.

UPI Service

The app also offers UPI service for quick and secure transfers.

Insurance Policies

You can purchase health insurance policies for yourself or your family members through the app.

Navi Loan App Review: Pros and Cons

Here are some pros and cons of using the Navi Loan App:


  • User-friendly interface
  • Complete paperless process
  • Minimal documentation
  • Affordable interest rates
  • Instant loans up to Rs 5 lakh
  • Micro-financing available
  • UPI service available
  • Health insurance policies available


  • Eligibility criteria for loans may not suit everyone
  • Some users have reported poor customer service

interest rates of Navi Loan App

The interest rates for Navi Loan App are fixed and can vary from 9.9% to 45% per annum, depending on the loan amount, repayment tenure, and borrower’s eligibility . The final interest rates offered to the applicants depend upon age, monthly income, job profile, employer’s income, credit score, loan repayment history, etc.


Overall, the Navi Loan App is a great option for people who want to fulfill their financial requirements in a hassle-free manner. With its user-friendly interface, complete paperless process, and affordable interest rates, it’s definitely worth considering. However, make sure you meet the eligibility criteria before applying for loans through the app.

People also read Cred app review.

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