Welcome back guys! People need money for some reason Due to which people want to take loans to improve their financial condition. But it has become very difficult to take loan from banks, that’s why people apply for loan from online app because loan is available very quickly from online loan app without any heavy document process.
But many times people take loan from fake loan app due to which they suffer more financially. that’s why today we are going to tell some features of the real loan app, and we will review the navi loan app completely, by reading which you will be able to easily take a loan from the real loan app.
Navi loan app was launched in 2020 by sachin bansal who was the ex- CEO of Flipkart. Navi loan app provides digitally instant personal loan, home loans and health insurance to every class of people. Initially navi app used to provide only loan to the people but over time it is giving different types of financial products.
- Before knowing about navi loan app fake or real, let’s take a look at the history of navi loan app. sachin bansal, the ex-founder of india’s largest ecommerce company Flipkart, launched the navi loan app in 2020, which increases the trust on the navi loan app because the ex-founder of such a big company cannot launch the fake app.
- The office of navi loan app is present in hongasandra village hosur road, Bangalore and many employees work there, and this company also keeps giving jobs to many new people. On the other hand, fake loan app does not have any personnel office and such fake loan app does not give jobs to people.
- Businessmen like sachin bansal buy equity (stake) of many companies. Together, their different types of business keep running, that is why such big businessmen do not cheat people by making fake apps. Because of doing fraud, he can also lose his stake in other companies.
- Navi loan app has been downloaded by more than 10 million people on play store, and it has got a good rating of 4.2 on play store. On the other hand, fake loan app does not get good reviews nor good ratings on play store.
- The user interface of the fraudulent app is poorly optimized and many problems are found in it, but the user interface of the navi loan app is very good, and this app is updated every month. Due to which, the bugs present in the app get fixed.
- Navi loan app RBI approved NBFC company is a company whose name can be seen by visiting the official website of RBI. On the other hand, fake loan app can never get RBI approved. The navi app is registered on the rbi website, whose proof we have also given on the screenshot below.
- We had taken loan from navi app few months back. Then successfully we got the loan amount in the bank account after 2 days and the interest and installments mentioned by them are going on as mentioned while taking the loan.
- You will also get to see against review of navi loan app in many places, but those reviews are mostly of those people who are unable to repay the loan on time, or they do not know the term and condition of the loan. That is why we would advise that you read all the conditions carefully before taking a loan because the interest of an app like navi loan is higher than a normal personal loan and not paying the loan installment on time may cost you more penalty.
- For example, we have made a chart below in which the installation, interest and processing fees have been given for taking loan from navi app. That is why before taking a loan, definitely read their term and condition because digital app loan is a bit expensive compared to bank.
|Navi App Loan Amount||₹50,000|
|Navi App Loan Tenure||12 months|
|Navi App Interest Rate on Loan||22% ( Interest rate will be charged every month on the outstanding loan amount)|
|Total Interest Payable on loan||₹4,680 x 12 months =56,160 and interest amount is ₹6,160|
|Processing Fees||₹1,475 (While taking any kind of loan, additional fees are charged by the Navi company which are called processing fees)|
|Total Cost of the Loan taken from navi app||Processing Fees + Interest Amount = ₹6,160 + ₹1,475 = ₹7,635|
Friends, today we gave you complete information about Navi loan app fake or real, and finally we have come to the conclusion that navi loan app is real, and it is providing loan to people, that’s why you can use this app with certainty. Huh.
If a person asks for your personal information by becoming a representative of the navi app on the phone, then do not share any information with that person because the company never asks for personal information such as credit card, debit card number or OTP. If someone calls you and demands these things, then it can be a fake call. That is why never share your personal information with any company because nowadays, many fraud people are making fraud calls in the name of big companies.
Click on this link to check the review of navi loan app. After clicking, you can check the reviews of the navi loan app that present on the Play Store.
Navi Loan’s customer care number is currently closed, but you can contact them by emailing to [email protected]
yes, navi loan app is RBI approved. RBI approved loan app’s list can be seen by visiting the official website of RBI.
After doing complete investigation, we found that the navi app is genuine.