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.
Ankit Kumar is one of Buddy Loan’s happy customers and shares his experience after using the app.
Ankit Kumar is 28 years old and requires urgent funds to aid his personal requirements. He was constantly searching and downloading multiple apps where he could get a small loan, but nothing worked for him as it was a lengthy and complicated process. At that right moment, Ankit found the Buddy Loan app through an online ad and downloaded it immediately. To his surprise, the process was much more straightforward, where he had to log in to the app and apply with just minimum documents. His documents were verified, and he also got a verification call.
From document verification to loan disbursement, the whole process just took around 2 to 3 days. Ankit also mentioned that the Buddy Loan app was user-friendly, and the process was easy to understand. He stated that Buddy Loan did not ask for unnecessary details and documents. And, He appreciated the support team of Buddy Loan for giving him constant support when he needed it while filling application and got his loan amount disbursed successfully. Ankit was delighted and stated that he had a great experience using Buddy Loan and rated 10/10 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 how 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
- Complete the application process and submit it. After submitting, our representatives will contact you to cross-verify the details before sending them to the lender.
- Lastly, you have to wait for your loan amount to be successfully disbursed into your bank account.
Benefits of Instant Personal Loan
- 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 will be safe and confidential.
You can use Personal loans for any purpose. With quick and digital processes, personal loans are the most convenient source of funds when you have a sudden emergency. Therefore, with Buddy Loan, you can get an instant loan approval without any hassle.