Loan App Details & Reputation
App Name
Navi
Tagline/Description
Your financial super app for UPI payments, loans, insurance, and investments.
Developer/Company Name
Navi Technologies Private Limited
Website URL
Social Media Handles
Twitter: @NaviFinserv | Facebook: @NaviFinserv |LinkedIn: Navi Technologies
Contact Information
Phone Number: 080-68276767
License and Registration Details
RBI-registered Non-Banking Financial Company (NBFC)
Latest News/Updates
July 2024: Navi launched a new feature allowing users to track their credit score and receive personalized tips for improvement.
Loan Details
Loan Amount (Minimum and Maximum)
- Personal Loans: ₹20,000 to ₹5,00,000
- Home Loans: ₹3,00,000 to ₹5,00,00,000
- Cash Loans: ₹1,000 to ₹20,000
Interest Rate (Daily, Weekly, Monthly, Annually)
Varies based on loan type and borrower’s credit profile.
Loan Tenure (Minimum and Maximum)
- Personal Loans: 3 to 60 months
- Home Loans: Up to 30 years
- Cash Loans: Up to 12 months
Repayment Options
EMI, auto-debit, UPI, or through the Navi app.
Fees (Processing, Late Payment, etc.)
Vary based on loan type.
Eligibility Criteria (Age, Income, Credit Score, etc.)
- Age: 21-60 years
- Income: Varies based on loan type
- Credit Score: Good credit history preferred
Documents Required
PAN card, Aadhaar card, bank statements, salary slips (if applicable)
Loan Purpose
Personal, home improvement, medical expenses, debt consolidation, etc.
App Ratings and Reviews
Google Play Store Rating
4.2 Stars
Apple App Store Rating
4.4 Stars
Trustpilot Rating
Not Available
Google Reviews
Mostly positive, praising the user-friendly interface and quick loan disbursal.
User Reviews and Feedback
Positive Reviews
App is easy to use, loan process is fast, customer support is responsive.
Negative Reviews
Email, phone, in-app chat
Customer Support
Contact Channels
Email, phone, in-app chat, and social media
Support Hours
24/7
FAQs and Knowledge Base
Available on the website and app
Loan Disbursal and Repayment
Disbursal Time
Within minutes for eligible borrowers
Repayment Options
Flexible options including EMI, auto-debit, UPI
Late Payment Fees and Penalties
Vary based on loan terms
Additional Features
Credit Score Check and Reporting
Yes
Loan Calculator and EMI Simulator
Yes
Financial Education Resources
Available on the website and app
Referral Programs or Incentives
Yes
Regulatory Compliance
RBI or NBFC License Details
RBI-registered NBFC
Compliance with Indian Banking Regulations
Yes
Data Protection and Privacy Compliance
Complies with Indian data protection laws
Step-by-Step Guide to Using MoneyTap
Download and Install
Find the Navi app on Google Play Store or Apple App Store and install it.
Google Play Store Link
Apple Store Link
Registration
Create an account using your phone number.
Profile Completion
Fill in your personal, employment, and financial details.
KYC Verification
Complete the KYC process by uploading required documents.
Loan Application
Approval and Disbursal
Select the desired loan amount and tenure.
Wait for the loan approval decision. If approved, the funds will be disbursed quickly.
Repayment
Make timely repayments through the available payment options.
Disclaimer
The information presented in this document regarding loan apps is intended for general informational purposes only and is current as of the date of this post. It is compiled from sources believed to be reliable, including official websites, app stores, and user reviews. However, the financial landscape, app features, interest rates, and terms can change rapidly.
Instantloansindia does not endorse any specific loan app or guarantee the accuracy, completeness, or timeliness of the information provided. It is crucial that users verify all information directly with the respective loan app or financial institution before making any financial decisions.
Instantloansindia shall not be held liable for any damages, losses, or liabilities arising from the use or reliance on the information herein. Users are solely responsible for their financial choices and should consult with qualified professionals for personalized financial advice.