Buddy loan is India’s fastest-growing instant loan app built with the latest technology to fulfill all financial needs. It is one of the biggest loan aggregators that will turn your dream into reality. You can use the Buddy Loan application to get an instant personal loan online for medical emergencies, travel to your dream vacation, make wedding plans, or grow your business. India’s best personal loan app offers instant loans starting from INR 10,000 to INR 15 lakhs with an interest rate starting from 11.9% per annum.
Muniraju is one of Buddy Loan’s happy customers and shares his experience after using the app. Muniraju is from Bangalore working as a Team Leader in a BPO. When he was in need of immediate funds, one of his friends suggested using the Buddy Loan app. He then downloaded the app from the Google play store. He states that he got his loan amount disbursed within 1 day. Moreover, he mentions that the whole process just took around 4 to 5 hours. He was delighted and stated that he had a great experience using Buddy Loan and rated 09/10 for the outstanding support and help provided by our Buddy Loan’s support team.
Steps To Apply for a Personal Loan Through Buddy Loan
Are you planning to apply for a personal loan too? You need not worry; here are a few simple steps to apply for a personal loan through Buddy Loan.
- Download the Buddy Loan app from the Google Play store, or you can also visit the official website to learn more about the features.
- The next step is to fill out the application form with the required details. Also, fill in your desired loan amount, tenure period, and mobile number.
- After this, you will get the option to apply for a loan. There you have to fill out the eligibility form, including the following details:
- Email Address
- Employment Type
- Company type
- Your industry type
- Current Company Name
- Enter Company address
- Year of employment
- Monthly in-hand salary
- Mode of Salary
- PAN Card details
- Full Name (as per PAN card)
- Current Residence Pin code
- Mobile Number
- In this step, you will get an option to select from multiple offers based on the above information. You will get a list of potential lenders depending on your profile, and you choose the lender from the list.
- However, keep these points in mind when choosing a lender: Interest rates offered, loan amount and tenure of the loan
- Lastly, you have to wait for your loan amount to be successfully disbursed into your bank account.
Benefits of Instant Personal Loan
- You can get an instant personal loan without any collateral through Buddy Loan.
- Flexible loan tenures start from 6 months to 60 months, and you can choose the term that’s convenient for you.
- With Buddy Loan being the biggest loan aggregator, your loan getting approved is very high.
- The interest rates at Buddy Loan are low, starting from just 11.99% per annum. You can quickly get a loan at lower interest rates if you have a good credit score.
- The loan will get sanctioned within 48 hours of submission.
- There are no prepayment or hidden charges included.
- The information that you provide is held safe and confidential.
- You have to submit only minimum documents like Aadhar Card, PAN Card, Passport, etc. for KYC verification and income proof like bank statements and salary slips.
Personal loans can be used for any purpose be it medical emergencies, travel plans, wedding plans, business needs, etc. With quick and digital processes, personal loans are the most convenient source of funds when you have a sudden emergency. Likewise, with Buddy Loan, you can get an instant loan online without any hassle. You can also check your credit score using Buddy Score and get a whole credit report to know your creditworthiness. Moreover, if you have a high credit score, you can get personal loans at low interest rates easily.