Buddy loan is the biggest loan aggregator in India that allows you to co-create your future in the most hassle-free way. Like many others, you can also use the Buddy loan app to get quick, instant personal loans online for any financial crunch or medical emergency. The Buddy loan provides you loan offers to start from INR 10,000 to INR 15 Lakh with an interest rate of 11.99% annum. You can plan your vacation, wedding, or business growth with a Buddy loan. Check the Customer Testimonial of Chiranjeevi Penchalaiah about “Personal Loan For Medical Emergency” below
Here are some great insights from Chiranjeevi Penchaliah, who shares his experience as a user of the Buddy Loan app. Chiranjeevi is from Bangalore and currently working in a Coordinate Business Ltd. He chose to obtain a personal loan because he was in a medical emergency. While searching for various instant loan apps, his friend suggested the Buddy Loan App. As suggested by a friend Chiranjeevi downloaded the app and claimed it to be very useful. As he explains further, during the emergency, he was expecting atleast a loan amount of Rs 10,000, but he got approval for upto Rs 15,000. He states that after all the deductions, a total amount of Rs 13,000 was disbursed into his bank account within a day.
Are you looking for a quick personal loan too? Then you have found yourself in the right place. Take a personal loan with a buddy loan following these few simple steps.
Step 1 – First, you need to download the buddy loan application from the google play store or the app store. Also, you can visit the website to compare and learn more about the features.
Step 2 – Once you have downloaded the app, provide your details and fill in the desired loan amount, tenures and phone number. After that, you will be provided with an option to apply for a loan.
Step3 – Proceed to the next step by filling out the eligibility form after you get an option to apply for the loan. The eligibility form might ask for 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.
Step 4 – After following all the steps mentioned above, you will get an option to select from multiple offers. Based on the information provided above, you will be given a list of potential lenders. Depending on your profile, you may receive one or more offers, and you are eligible to choose the lenders from the list.
Make sure you remember these points when choosing a lender –
- Interest rate offered
- Loan amount
- Loan Tenure.
Step5 – Now you have completed the application process. Hence, after submitting your application, our representative will follow up with you to cross-check the details before forwarding the application to the lender.
Step 6 – You should patiently wait for the loan amount to be disbursed in your bank account.
Hence this is how you apply for a personal loan. You should also know that there are ample benefits in store for the applicants who can avail of an instant personal loan via Buddy loan. So now let’s see what instant help is: personal loan.
Benefits of Instant personal loan
- Get Collateral free Instant personal loan via buddy loan .
- Buddy loans provide you the easiest and application process.
- The applicant can borrow upto Rs 15 Lakhs and then repay the loan amount through the EMI options over a tenure from 6 months to 60 months.
- Buddy loan aggregator has disbursed loans across the country. That’s why there is a vast pool of instant loan providers.
- There is an endurance that there are no prepayment or hidden fees to sort.
- Security and Privacy is the utmost concern of Buddy loans . The applicant’s information is held confidential with a buddy loan.
Advantages and Features of a Personal Loan
A personal loan comes with many benefits and features, which you can avail yourself of for multi-purpose reasons. You can take business loans, wedding, and travel loans while helping with personal loans.
Multi-Purpose: You can use the loan amount to meet various financial needs such as vacation plans, wedding expenses, medical emergencies, business expansion, etc.
Tenure: The repayment period ranges from 6 months to 60 months. Hence it would help if you chose the assignment according to your convenience.
Quick disbursal: Once your loan application is approved, the loan amount will be disbursed to your bank account within a day,
No collateral: Personal loans are unsecured, and there is no need to pledge security to make it more hassling.
Minimum documentation: Minimum documents for identity and income proof, such as Aadhar Card, PAN card, and bank statements, you get for Instant Loan Approval.
Paperless procedure: No physical presence is required to waste time and energy by visiting the banks since the process is online.
Why should you apply for a personal loan?
As a personal loan is a multi-purpose loan, there are multiple reasons to apply for it, and those purposes are as follows.
Remodeling your space – You can avail of loans to remodel your house. Helping a personal loan, for this reason, can never go wrong.
Medical Need – Availing on personal loans to cover sudden medical financial wants is sometimes the only option during an emergency.
Organizing Wedding – Arranging a big wedding can sometimes be nerve-wracking in terms of financial crunch, and availing of personal loans will help you get additional funds.
Getting electronic gadgets – If you have a luxurious device on your wishlist for a long time, then getting a personal loan to fulfill that dream makes it more accessible.
Holiday plans – You can also avail funds to take a break from mundane routine, as a personal loan can give you fund support to fulfill your dream vacation is your dream destination.
One can use Personal loans for anything. However, sometimes the lenders might want to know what you will do with the money they lend you, but as long as you have borrowed it for a responsible reason, then they might not bother. Hence , visit the buddy loan to get the quickest and hassle free personal loan to meet your urgent loan requirements.