Buddy Loan: Instant Personal Loan, Deals & Rewards

About Buddy Loan: Instant Personal Loan, Deals & Rewards

Buddy Loan is not just an instant personal loan app but a one-stop solution that helps you in searching and applying for your dream job, exploring a plethora of deals and offers from brands of all sectors, and earning and redeeming points for exciting products – in addition letting you apply for an online personal loan in the most seamless manner.

It’s safe, instant and reliable!

Buddy Loan brings to you a wide pool of personal loan providers. With this, you can be rest assured to be granted a personal loan instantly, when you are in need to meet your personal financing goals.

Buddy Loan Advantages
Personal loan amount can range from Rs. 10,000 to Rs. 15 lakhs
Interest rate starts at 11.99% p.a.
Minimum and maximum tenure can be from 6 months to 5 years

With a no-questions asked policy, you are free to use the funds to meet any of your financial requirements.

Representative Example:
For ₹1,00,000 borrowed for 1 year, with interest rate @13% per annum*, a user would pay:

Processing fee (@ 2%) = ₹2,000 + GST = ₹2,360
(Line setup fee of ₹499+GST = ₹588/- to be paid before starting the credit line)
Interest = ₹7,181
EMI = ₹8,932
Total amount to be repaid after a year = ₹1,10,129/-
*Interest Rate varies based on your risk profile
The maximum Annual Interest Rate (APR) can go up to 36%
(However, only a fraction of our customers get an interest rate higher than 30% pa)