What is Navi home loan interest rate?

The Navi home loan interest rate starts from 8.68% p.a. onwards but varies based on the applicant’s credit score, repayment history, repayment capability and other factors. I availed of their loan two years ago; hence I know the home loan details so let me guide you. They have three primary requirements: the applicant needs to be an Indian citizen, he or she needs to be a salaried individual and their age should be between 22 and 62 years.

What is the Navi Home Loan Rate of Interest?

The Navi home loan interest starts from 8.68% but varies depending on the applicant’s

• Credit score

• Repayment history

• Repayment capability

• Income stability

• Loan amount

• Loan tenure and other aspects

Upon considering these factors, the bank decides the final interest rate; hence, you better consult with them to know what the interest rate will be in your case. 

Is Navi Good for a Home Loan?

Yes, Navi is good to avail of a home loan from. It is a renowned financial institution that offers home loans at attractive interest rates and has

• Flexible repayment options

• Hassle-free application process

• Quick disbursal of home loan

So this is what I know about Navi Bank’s interest rate and features.

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Home loans from Navi Finserv (Navi) begin at 8.85% per year onward for loan amounts of up to Rs 5 crore and loan terms of up to 30 years. You can apply for an immediate home loan with no processing costs via the Navi app. The loan processing is completely paperless based on PAN and basic information. So let’s take a look at what is Navi home loan interest rate.

What is the interest rate on the Navi home loan?

Interest rates for Navi instant home loans start at 8.85% per annum. The loan amount to be obtained, the payback period selected, the borrower's eligibility and ability to repay the loan, and other criteria are taken into consideration when determining the applicable interest rate for a house loan.

You have the possibility to obtain an advance cashback of up to Rs. 2.5 Lakhs if you choose to apply for the Navi Finserv loan directly through the Navi mobile app, making your loan more reasonable. The deadline for this offer is March 31, 2023. The interest rate is also dependent on your Cibil score.

What are the features of Navi home loan?

• A variable repayment period of up to 30 years is available for the borrowed home loan amount.

• No processing fees are assessed on the accepted loan limit.

• If you apply for the loan directly through the Navi mobile app, you will receive an upfront rebate of up to Rs. 2.5 Lakhs.

• Get fast approval for a home loan in 5 minutes via a quick, easy, and paperless process.

• You can calculate your home loan's EMI using the Navi Home Loan EMI Calculator before submitting an application for a loan.

• Navi offers all forms of rapid home loans for independent homes and apartments that are self-built, self-financed, or ready to move into.

• You do not need to submit any Navi Finserv home loan documentation before receiving a loan offer.

You are now aware of Navi home loan interest rate.