Navi Finserve has launched its fee-free April campaign, under which customers taking personal loans in April will get the benefit of zero processing fees.
This offer is applicable to all customers who a. let’s take personal loan, regardless of the loan amount. The sanctioned loan amount will be credited to the customer’s account without any deduction. According to the press release, a customer can use the Navi app to avail a loan through a completely digital route, whereby, by following a few simple steps, the loan amount can be availed within minutes of logging in to his/her bank. will be deposited in the account. step.
Navi has launched personal loan Doed business in April 2020 and disbursed personal loans of approx. 1,750 crore between January and December 2021. The interest rates of these loans start from 9.9% per annum. According to the company’s website, it offers personal loans up to Rs. 20 lakhs with a tenure of up to 84 months. Navi Finserv’s loan products include personal and home loans and loans against property.
generally, personal loan Come with a processing fee of 2-2.5% plus GST, subject to minimum and maximum limits. The country’s largest lender, State Bank of India (SBI), also had a proposal running from August 15, 2021 to 31,2022, under which processing charges on personal loans were waived off for salaried employees with SBI salary accounts. Was.
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