How To Get Loan From Mobile App: Between Coronavirus and economic crisis, now you can take a personal loan (Instant Loan Upto 5 Lakh) up to 5 lakh rupees in just 5 minutes through mobile app. For this, Navi has offered a great offer. Through this, you can apply for a loan right from home. Navi Lending App has officially announced to provide instant loan to the people. Special plans have been launched for the loan. With the help of the app, you can take a loan of up to 5 lakhs through digital medium. At the same time, you will get 36 months to repay the loan installments.
How can the application? (How To Apply For Instant Loan) To apply for a loan, you must first provide some information on Navi Lending App, which will include PAN number, Aadhaar number etc. After this the app will tell whether you are eligible for an instant loan or not. If you are eligible to take a loan, then you can apply for a loan through the mobile app. The special thing is that for this you will not need to give a bank statement or salary slip. Loan will be available in few minutes Explain that for this the app was launched in beta mode in April. In the lockdown, people struggling with financial constraints made full use of this app and applied for a loan while sitting at home. Explain that all the process in this app is online, in which you can avail without any hassle. After the process is complete, the money will be transferred to your account in a few minutes. Getting good response Navi App CEO Samit Shetty said that during the lockdown Navi Lending App has also received a very good response in its beta version. This app is designed with artificial intelligence as well as advanced technology like machine learning. This app is being used by people in 150 cities in India. However, the Reserve Bank of India has reprimanded the companies lending through mobile apps. RBI has expressed displeasure over charging more interest besides making digital loan services more transparent.