got pre aprooved loan offer from navy insta loan app?

[Sravan]

Navy Insta Loan has pre-approved me for 5 lakh at 24% interest per year. Should I apply or look for other options? I don’t have a job.

 

[Riteshavenger]

Navy Insta Loan has pre-approved me for 5 lakh at 24% interest per year. Should I apply or look for other options? I don’t have a job.

Don't apply, if you need loan apply from bank 24% is huge interest rate.

 

[akshayhs]

I don’t have a job.

Why are you planning to get a loan that too at such exorbitant interest rates when you don't have at least one way to pay it back.