Navi Home Loan Details

Following are the key details of Navi Finserv Home Loan:

Instant Loan amountUp to Rs. 5 Crores
Rate of interest8.55% p.a. onwards
TenureUp to 30 years
Lowest EMI possibleRs. 772 per Lakh
Processing feeNil
Loan-to-ValueUp to 90% of property value

Additional Info: You can also avail Navi Personal Loan

Kotak Home Loan Apply

Navi Home Loan Features & Benefits

  • Navi offers a high home loan amount of up to 90% of property value, subject to a maximum of Rs. 5 Crores.
  • Navi interest rate is affordable and starts from just 8.55% per annum.
  • The borrowed home loan amount can be repaid in flexible tenure of up to 30 years.
  • Nil processing fee charged on the approved loan limit.
  • Navi offers instant home loans of all types for under-construction, self-constructed and ready to move-in independent houses and apartments.
  • If you apply for the loan directly from Navi mobile app, you will get upfront cashback up to Rs. 2.5 Lakhs. 
  • Get instant approval for a home loan within 5 minutes through a seamless and paperless process.
  • The Navi app is available on Google Play Store as well as Apple App Store.
  • You can use the Navi Home Loan EMI Calculator to calculate the EMI of your home loan before applying for the loan.
  • You do not require any Navi Finserv home loan documents till you get a loan offer.
  • No application fee, legal fee, valuation fee, and document handling fee involved.

Navi Home Loan Interest rate

Navi Instant Home loan interest rate starts from as low as 8.55% p.a. The applicable interest rate on home loan is decided based on various factors, such as the loan amount to be availed, tenure chosen for loan repayment, eligibility and repayment capacity of the borrower, and so on.

If you opt to apply for the Navi Finserv loan directly from the Navi mobile app, you get a chance to receive upfront cashback of up to Rs. 2.5 Lakhs, making your loan more affordable. This offer is valid till 31 March 2023. Interest rate also vary on an individual's cibil score

Navi Finserv Loan Comparison with Other Lenders

Lender’s NameMaximum Loan AmountRate of Interest (p.a.)Processing FeeMaximum Tenure
NaviRs. 5 Crores8.55% onwardsUp to 2%30 years
HDFC BankRs. 10 Crores8.75% - 9.65%Up to 0.50% or Rs. 3,000 whichever is higher + applicable taxes30 years
ICICI BankRs. 3 Crores8.75%0.50% + applicable taxes30 years
Bajaj FinservRs. 5 Crores8.50% - 15.00%0.50% - 6%30 years
Axis BankRs. 5 Crores8.75% - 9.10%Up to 1%, minimum Rs. 10,00030 years
Kotak Mahindra BankRs. 10 Crores8.70%Up to 1% + taxes & other applicable statutory dues25 years
SBIUp to 90% of property cost8.50% - 10.05%Up to 0.35%30 years
Yes BankUp to 90% of property cost9.40% - 10.25%2% or Rs. 10,000, whichever is higher + GST 30 years

Types of Navi Home Loan

Types of Navi home loans offered by Navi Housing Finance depend on the requirement of the borrowers. Following are the types of home loans offered by Navi:

  • Loans for under-construction property: These loans can be availed for purchasing an under-construction property.
  • Loans for self-constructed: This housing loan can be availed for buying a self-constructed housing property.
  • Loans for ready to move-in homes: These loans are available for purchasing ready to move-in homes.

Additional Info: You can Know About Navi Mutual Fund

How to Calculate Navi Home Loan EMI?

You can use the Home Loan EMI Calculator available on the official website and mobile app of Navi to calculate the Navi home loan EMI Calculator. Alternatively, you can also use MyMoneyMantra Home Loan EMI Calculator.

Here is an example of EMI calculation done using MyMoneyMantra Home Loan EMI Calculator:

Loan amount to be borrowed: Rs. 50 Lakhs

Applicable rate of interest: 8.55% p.a.

Tenure of repayment chosen: 30 years

EMI to be paid each month: Rs. 39,693

Total interest to be paid: Rs. 92,89,360

Total amount to be paid by the borrower (principal + interest): Rs. 1,42,89,360

Home Loan EMIs for Navi Finserv Loan, sharing below EMI Calculation for Rs 20 Lakh to Rs 70 Lakh amount for 10, 20 & 30 years at lowest rate of 8.55% p.a.

Loan Amount10 years20 years30 years
Rs. 20,00,000Rs. 25,173Rs. 17,802Rs. 15,877
Rs. 30,00,000Rs. 37,760Rs. 26,703Rs. 23,816
Rs. 40,00,000Rs. 50,346Rs. 35,604Rs. 31,754
Rs. 50,00,000Rs. 62,933Rs. 44,505Rs. 39,693
Rs. 60,00,000Rs. 75,519Rs. 53,406Rs. 47,631
Rs. 70,00,000Rs. 88,106Rs. 62,307Rs. 55,570

Document Required for Navi Home Loan

You will be required to submit just a few documents (as mentioned below) online to apply for a Navi Home Loan:

  • You can complete your KYC with just a PAN Card and Aadhaar Card.
  • You will also be required to submit your Bank Statement or GST Returns.

Navi Home Loan Eligibility

Following are the Navi loan eligibility criteria:

  • The applicant must be an Indian citizen.
  • Age of the borrower should be above 18 years.
  • The Navi home loan is available in these select cities right now: Delhi, Bengaluru, Hyderabad, Chennai and Mysore. The service is launching in Mumbai soon.

Tip - Check cibil score for home loan before applying.

Navi Home Loan - Fees & Charges

The fees and charges associated with Navi home loan are mentioned below:

  • Rate of interest: 8.55% p.a. onwards.
  • Processing fees: Currently, Navi does not charge any processing fee on housing loans.
  • Foreclosure charges: You can foreclose your Navi home loan at zero foreclosure charges.

How to Apply for Navi Finserv Home Loan

You can apply for Navi home loan by following the steps mentioned below:

  • Download the Navi app on your smartphone from Google Play Store or Apple App Store.
  • Submit the details of the property that you wish to buy.
  • Check your home loan eligibility based on PAN and basic details submitted by you.
  • Get instant approval on meeting the Navi home loan eligibility criteria.

Additional Info: You Can also apply for SBI Personal Loan

Navi Home Loan Customer Care

For home loan queries, you can email Navi Finserv Home Loan customer care through:

Email: help@navi.com

Call: 814754455.

Office address:

Navi Technologies Pvt Limited

3rd Floor, Salarpuria Business Center, 

93, 5th A Block, Koramangala

Bangalore - 560095

Apply for Lowest Home Loan Online @ Rs. 769/Lakh* EMI

Apply for instant home loan online at Interest Rate starting from as low as 8.50% p.a. Pay EMI of just Rs. 769 per Lakh. Loan can be repaid in flexible tenure of up to 30 years. Apply now with minimal documentation. Check eligibility & get instant approval here.

Navi Home Loan

✅ What is the Navi Home Loan ?


Navi is an advanced digital platform that offers instant home loans and other products. You can get instant home loans up to Rs. 5 Crores from Navi. You don’t even need to submit any documents till you get a loan offer. Navi provides high loan amounts and low EMIs. Navi home loans can be availed for under-construction, self-constructed and ready to move-in homes. No application fee, legal fee, valuation fee, or document handling fee is involved.

✅ What are the cities in which Navi Finserv currently services home loans?


Currently, Navi Finserv services home loans in Delhi, Bengaluru, Hyderabad, Chennai and Mysore. The service is launching in Mumbai soon.

✅ What is the current Navi Home Loan Interest Rate?


The current Navi Finserv Home loan interest rate starts from as low as 8.55% p.a. 

✅ Can you apply for Navi Home Loan online?


Yes. You can apply for a Navi loan online through the official website of Navi or from the Navi mobile app available on Google Play Store and Apple App Store.

✅ What is the minimum salary required for Navi Loan?


You can call Navi on 814754455 or send an email at help@navi.com to know about the minimum salary required for Navi Home Loan.