Navi Home Loan Reviews, Interest Rate, Eligibility 2024: In this article, we will know in detail what is a new home loan, what is the interest rate, eligibility, documents of this loan and how can we apply for this loan, etc., so read this article till the end.
You can take advantage of this loan to fulfill your dream of home. Navi has Navi App loan, with the help of which you can apply for home loan online.
Navi Home Loan
Under Navi Instant Home Loan, you can get a loan of up to Rs 10 crore. The interest rate of this loan starts from 7.89%. The loan tenure of this loan is up to 30 years. You can take advantage of this loan to meet any expenses related to the house.
When we take a loan to build, buy or renovate a house, it is a home loan. There are many banks and financial institutions in India who are providing the best home loan to the customers immediately. Home loan comes under the category of a secured loan. To avail this loan, you have to give security to the lender. You must have a good CIBIL score to apply for a home loan. If you have a good credit history, you can take advantage of Navi’s attractive interest rates.
To meet the immediate needs of the customers, Navi provides Navi Instant Personal Loan to the customers.
Under the Pradhan Mantri Awas Yojana which is a government scheme of the Government of India, you can get Home Loan Subsidy.
Navi Home Loan Benefits and Features
- Any person can take Navi Home Loan to fulfill his dream of home.
- The Navi home loan interest rate starts from 7.89% p.a.
- Your credit score should be very good to apply for the loan. The better your CIBIL score, you will be able to take advantage of the more attractive interest rates of the bank.
- Generally a CIBIL score of 750 or more is considered good.
- From Navi you can take loan up to Rs 10 crore or up to 90% of the property value.
- You can take this loan for a period of 30 years.
- If you apply for a home loan from Navi’s mobile app, you get an instant cashback of Rs 2.5 lakh.
- You can download Navi loan app from Google Play Store or Apple App Store.
- The processing fee for the loan is up to 1% of the loan amount.
- Navi offers Navi Instant Home Loan in just 5 minutes.
Navi Home loan Interest Rate 2024
The Navi home loan interest rate starts from 7.89% p.a. Before applying for a home loan from any lender, you need to be well aware of the interest rate of that loan. After knowing about the interest rate of different banks, you can compare them.
And you can apply for that home loan from the lender whose interest rate you think is low. Navi offers home loans to its customers at attractive interest rates.
Navi Home Loan Insurance
Navi provides the facility of Home Loan Insurance to the customers. It is given to them for the security of the lender. Suppose a lender has taken a home loan for 20 years but the lender dies prematurely. In this situation, the entire burden of the loan falls on his family. In this situation, Navi Home Loan Insurance comes in handy for the customers. Home loan insurance protects the lender from losses.
Navi Home loan Eligibility
Only those who are eligible for this home loan can apply for it. Home loan eligibility depends on factors such as the applicant’s income, age, employment status, etc.
- Any citizen of India can take benefit.
- Applicant’s age should be 18 years or above.
- The customer should have a good CIBIL score.
- You must have all the necessary documents.
Documents Need for Navi Home loan
Before applying for any home loan, you should keep all your documents together so that whenever the lender asks you for documents, you can show them all the documents immediately. To apply for a Navi Home Loan, you must have the following documents:
- Government issued identity proof of the primary borrower as well as the co-borrower (if any).
- Address proof issued by the government (Voter ID Card, Aadhar Card, Passport, Driving License etc.).
- Bank account statement of last 6 months.
- Property documents.
- Duly signed application form with photograph.
- For Salaried Professionals: Latest salary slip and Form 16 as income proof
- For self-employed people: Proof of business existence (GST registration certificate, business license, etc.) and CA-audited financial statements (balance sheet and profit and loss account statement).
Navi Home Loan Aplply
If you fulfill all the conditions of this loan then you can easily apply for it. To apply, follow the steps given below:
- First of all you have to download Navi loan app.
- You can download the app by clicking on the link given below:
- Download from Google Play Store
- Download from Apple App Store
- Enter the required details after downloading the app.
- Enter PAN card details.
- Meet your eligibility and get instant approval for the loan.
Navi Home loan EMI Calculator
Before applying for a home loan from any bank or financial institution, you should calculate the EMI of that loan so that you can get an idea of ​​how much you will have to pay at the time of repayment of the loan. You can calculate the EMI of your loan with the help of Home Loan EMI Calculator by visiting the official website of Navi.
The EMI of the loan depends on the loan amount, interest rate and loan tenure. The longer the tenure of your loan, the higher will be your EMI. EMI helps you to know how much loan you should take and for how long.
Navi Home loan Customer Care Number
If you are facing any problem in applying for this home loan, then you can get information by calling Navi customer care number.
- Phone : +91 81475 44555
- Email : [email protected]
My Last Thought:
In this article, we have provided you complete information about Navi Home loan Review. Navi offers home loans to its customers at attractive interest rates. You can apply for loan from Navi’s app and get approval for loan in just 5 minutes.
Hope friends, you have found this article informative. If you liked the information given in this article, then please share it as much as possible.
FAQs on Navi home loan:
What is the interest rate of Navi home loan?
The interest rate of this loan starts from 7.89% per annum.
Is Navi good for home loan?
Customers have given feedback on Navi’s official website, you can read them and check Navi’s rating which will help you to know whether this loan is good for you or not.
Does Navi offer home loans?
Yes, you can take a home loan up to Rs 10 crore from Navi.
How to apply for Navi Home Loan?
Complete information about how to apply is given in this article.