Buddy Loan App: How To Take Loan From Buddy App

Buddy Loan App: Get instant personal loans from ₹5,000 to ₹15 lakhs in minutes. The Buddy Loan App offers instant personal loans ranging from ₹5,000 to ₹15 lakhs, with repayment plans flexible from 6 months to 5 years. Interest rates start at 11.99% per annum, with a processing fee of 2% plus GST. 

Buddy Loan App Instant Personal Loans

The app offers various benefits, including instant loans up to ₹50 lakhs, competitive interest rates, and paperless applications. To be eligible for a Buddy Loan, you must be between 21 and 60 years old, an Indian resident, with a minimum monthly income of ₹15,000 for salaried individuals or annual turnover for self-employed individuals. A credit score of 650 or higher is also required.

For example, a loan of ₹1,00,000 with an interest rate of 13% and a repayment tenure of 1 year would incur a processing fee of ₹2,360 and a monthly EMI of ₹8,932. The total interest payable would be ₹7,181, with a total repayment amount of ₹1,10,129.

Why Choose Buddy Loan?

• Instant loans up to ₹50 lakhs
• Low interest rates
• 20+ RBI-approved lenders
• Paperless application
• Flexible repayment plans
• Safe and secure

Loan Types: Personal loans, Business loans & Loans for salaried/self-employed.

How To Take Loan From Buddy App?

Buddy Loan offers various loan types, including personal loans, business loans, and loans for salaried and self-employed individuals.

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Install Buddy Loan App

Here's a step-by-step guide on how to take a loan from Buddy App:

Step 1: Download and install the Buddy Loan App from Google Play Store or Apple App Store.

Step 2: Register with your mobile number and email ID.

Step 3: Fill in the loan application form with all correct details

-Step 4: Upload required documents:

-Step 5: Select from RBI-approved lenders and choose your loan offer.

Step 6: e-Sign Loan Agreement

Step 7:  Get the loan amount directly in your bank account.