Buddy Loan App Review – Hi Friends, If you are thinking of taking a loan through Buddy Loan App but you do not have much information about it, then do not worry at all because you have come to the right place, where you will get all the information related to Buddy Loan App like Buddy Loan App Review, Is Real, Safe or Not.
What Is Buddy Loan App?
The Buddy Loan Is a famous Loan Provider platform in India, Where users can Get Instant Personal Loan starting from Rs.5,000 to Rs.15 Lakh Rupees in just a few minutes using mobile application of Buddy Loan. The Buddy Loan Interest rates start at 11.99% p.a. ( 1% monthly approx ) and you can select 6 months to 6 years repayment tenure.
Is Buddy Loan RBI Approved?
The Buddy Loan App is not approved by RBI, but it provides loan facility by connecting users to RBI approved lenders.
Buddy Loan Interest Rate-
- 12% to 20%.
Buddy Loan App Company Details-
| Company Name | Bvalue Services PVT LTD |
| Downloads | 10,000,000+ |
| Ratting | 4.5 Stars By 60 Lakh Users |
| Available on Play Store | Yes |
| Contact Us: | Email : info@buddyloan.com. Phone Number: 080-47097512. Address : No: 1187, 5th main, 21st Cross Rd, Sector 7, HSR Layout, Bengaluru, Karnataka 560102 |
How To Buddy Loan App Download For Mobile Phone? – Step by Step.
- Firstly Visit the Play Store To Download Buddy Loan App.
- Once select download button, Wait for some time.
- Just Install the app then create account at Buddy Loan with entering details.
- Now go dashboard then avail loan.
- Done, enjoy.
Buddy Loan App Loan Eligibility-
If you want to know what you need to get loan on Buddy Loan App then you can read full Eligibility list below.
- Age Requirement: 21 and 60 years.
- Residence: Indian Resident.
- Basic monthly income of ₹15,000 9 ( Minimum ).
- Credit Score: Need to CIBIL Score of 650 or higher.
- Employment: Salaried job.
- Bank Account: Own Bank Account.
Loan Types of Buddy Loan App-
Buddy Loan Provides many types loan, we will be provides list of loan types below.
- Personal Loan.
- Personal Loan for Salaried/Self Employed.
- Business Loan.
If you need urgent money then you can apply Personal Loan fulfill urgent cash requirements, but if you required more money then you consider other types loan including Personal Loan for Salaried/Self Employed and Business Loan.
How To Apply For Buddy Loan?
- First of all, Download and Open the Buddy Loan app in your mobile phone.
- Now register & Login with required details like number and name.
- Just verify your KYC documents, and then apply for a loan.
- Select Loan Type like personal or business.
- Enter or Select desired amount and repayment tenure.
- Just Tap Apply then wait for approval.
- Once approve, You can get loan amount in your bank account.
- Done.
Buddy Loan App Features-
Before finish Buddy Loan App Review, here we will provides advantage of buddy loan.
- Instant Loan up to ₹50 Lakh.
- Affordable Interest Rate: Starting at 11.99%* (p.a)
- 20 + RBI Approved Lenders.
- Flexible Repayment Plans: 6 months to 5 years.
- 100% Paperless Digital Application.
- Track Your Credit Score for Free.
Buddy Loan App Review? Is Real Or Fake-
Buddy Loan App Review: The Buddy Loan App Is a Real & Safe App for mobile phone that available on play store for free, but its not is not approved by RBI, rather it provides loan facility by connecting users to RBI approved lenders.
Important Users Review: According James Partington, According to them, Buddy Loan App charges more interest than the earlier mentioned interest, due to which the borrowers are incapable of repaying them. If you stop the loan for some time, then Buddy Loan customer support threatens you with default and charges, which is very wrong.
Here we shared Buddy Loan App Review, If you like it then you can share this article with your friends.
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