Buddy Loan: Personal Loan App

4.5
47.7L reviews
1Cr+
Downloads
Content rating
Rated for 3+
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About this app

Get Instant Personal Loan starting from Rs.5,000 to Rs.15 Lakhs in just a few minutes using the Buddy Loan - Loan Aggregator App. Our Preferred Lenders Interest rates start at 11.99% p.a. & you can select from a wide range of Flexible Repayment Plans starting from 6 months to 5 years. Feel free to use these funds to meet any of your financial needs

Example Calculation: A loan of ₹1,00,000 with an interest rate of 13% and a repayment tenure of 1 year has a processing fee of 2% = ₹2,000 + GST = ₹2,360 (Line setup fee of ₹499+GST = ₹588/- to be paid before starting the credit line) & monthly EMI of ₹8,932. The total interest is ₹7,181 and the loan repayment amount after 1 year is ₹1,10,129.
*The maximum Annual Percentage Rate (APR) can go up to 36% Based on our RBI Approved lenders.

Track Your Credit Score for Free
With Buddy Loan, You can check your credit score for free and get a detailed credit report analysis in your email. Credit score ranges from 300 to 900. Refresh your Credit Score every month to track your credit health and get closer to your financial goals.

Why choose the Buddy Loan App?
• Instant Loan up to ₹50 Lakhs*
• Affordable Interest Rate: Starting at 11.99%* (p.a)
• 20 + RBI Approved Lenders
• 100% Paperless Digital Application
• Highest Approval Rate & Quick Disbursal
• Flexible Repayment Plans: 6 months to 5 years
• Transparent & Convenient Loan process
• Safe & Secure

Your data is safe with us. It is transferred over a secure HTTPS connection, and we do not share it with anyone without your consent. All transactions on Buddy Loan are secured using 128-bit SSL encryption.

Instant Loan Eligibility with Buddy Loan
• Age: 21 and 60 years.
• Residence: Indian Resident.
• Income: Minimum monthly income of ₹15,000 (for salaried) or Annual Turnover for self-employed (as per lender)
• Credit Score: CIBIL Score of 650 or higher * ( Subject to Lender approval)
• Employment: Salaried job in the public/private sector or consistent self-employed income.
• Business Vintage Requirement: Minimum of 2 years or more (depending on lender) (only for business loans).

Types of Loans Offered by Buddy Loan
Personal Loan: Apply personal loan to fulfil urgent cash requirements or any other financial needs. Get instant personal loans, for emergency, shopping, marriage, car or bike, home renovation or other personal needs.
Personal Loan for Salaried/Self Employed: Get easy loans as a salaried or self employed professional. Quick loan approval with flexible repayment options of 6 to 60 months.
Business Loan: Our RBI-approved loan lenders offer MSME/ SME & Working Capital Loans to small & medium-sized businesses. Get a quick, collateral-free business loan of up to ₹50 Lakhs to grow your small business.

Steps to Apply for an Instant Loan
1. Login to the Buddy Loan App.
2. Fill in the basic personal details.
3. Enter the desired loan amount.
4. Get connected to RBI approved lenders.
5. Direct deposit to your bank account.
It’s safe, instant, and reliable!

Responsible Lending
Buddy Loan is a Personal Loan aggregator platform partnered with RBI-registered NBFC lending partners. We ensure you can secure a loan quickly to meet your personal financial needs.#ZarooratAapkiZimmedariHumari

DRP Financial Services Pvt Ltd -
http://drpfinance.com/sourcing_partners.html

Ditya Finance Private Limited -
https://www.mcapital.co.in/#/sourcing-partners

LENDINGKART Finance Limited -
https://www.lendingkart.com/dsachannelpartner-xlr8/

UPWARDS CAPITAL PRIVATE LIMITED -
https://upwards.in/upwards-lead-generation-partners

mPokket Financial Services Private Limited -
https://mpokket.in/digital-lead-partners/

Contact Us:
For Loan Assist or any other details about our personal loans, contact us at
Email : info@buddyloan.com
Phone : 080-47097512
Address : No: 1187, 5th main, 21st Cross Rd, Sector 7, HSR Layout, Bengaluru, Karnataka 560102
Updated on
29 Feb 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region and age The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info
This app may collect these data types
Personal info, Financial info and 2 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.5
47.5L reviews
Santoshi Vichhi
14 March 2024
Worst. Trying to apply for loan from many days all I get is useless promotional messages with link and when I click on link it redirects me to a blank page which never works and always shows this site can'tbe reach. Then why u r even attachin link to to your ur promotional mag? I want to delet my profile. I even emailed to you but no response. Its may be m having hopes from wrong lender. I have remarkable credit score. I dont understand what is the problem.
1,681 people found this review helpful
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Bvalue Services PVT LTD
4 April 2024
We apologize for any inconvenience caused by the broken links and the lack of response to your email. Please be assured that we are actively working to rectify these issues. If you no longer wish to receive updates from us, please click on the following link: www.buddyloan.com/unsubscribe & won't receive any further communications from Buddy Loan.
Amish Hingu
27 February 2024
I have not seen this kind of fraud anywhere , first you made us filling application form then saying that xyz amount is approved via abc partner but when we apply in that particular partner application they are rejecting, if this is the case then it's definitely going to hamper anyone's CIBIL score, I need immediate resolution for the same
1,036 people found this review helpful
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Bvalue Services PVT LTD
29 February 2024
Hi, We're sorry to hear about your experience. Buddy Loan is a personal loan aggregator platform partnered with various lending partners which are RBI registered. Our app is legitimate and committed to user satisfaction and doesn't impact CIBIL scores. Please share your details at support at info@buddyloan..com, Buddy Loan Team.
babusona panja
11 April 2024
Guys don't download this app. I repeat don't.. they store your information & there is no option in this app to delete or delete your account. Only you have to uninstall this app. I have tried to delete my details and account, there is no option left
108 people found this review helpful
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Bvalue Services PVT LTD
12 April 2024
Hello, we apologize for any inconvenience. We gather information to offer personalized services and present your case to lenders. Please understand that loan approval is ultimately decided by the lenders.If you no longer wish to receive updates from us, please update your preferences by clicking the following link: www.buddyloan.com/unsubscribe.

What's new

**Bug Fixes and Performance Improvements.