Hello, friends are you worried about meeting your expenses and wondering about taking loan from friends? We all have faced this challenge at least once in your life. Even our friends fail to come for our rescue and at times even asking for loan from them makes our friendly relationship too turn bitter. Without any delay let us introduce you to an easy way to solve your problem and that too without any complications.
Today we plan to share with you an amazing application called BuddyLoan App. In this post we will share how you can apply for loan from Buddy Loan App, what are required documents, what is the credit limit, who can apply for loan and at what rate and many more things relevant to make your life easy.
So, let’s start
Table of Contents
Buddy Loan Limit
With Buddy Loan App, you avail loan from 10 thousand to 15 lakh.
Charged Rate of Interest
For loan taken through Buddy Loan App, you will have to pay interest of 11.99% every year on your principal amount.
Documents Required for Loan
- Aadhar card – With the help of Aadhar card, the company can have your personal information.
- PAN card – With the help of PAN card, the company can get your permanent address and also your bank information, which most of the loan companies require.
- Bank statement.
Buddy Loan App, gives you least 6 months to 5 years’ time to repay the loan.
Why chose Buddy App Loan?
In our various posts we have been discussing other loan applications as well so now let us tell you what are factors that differentiate Buddy App Loan from rest of the applications.
- Here you get a loan along with work documents.
- There are many options available to pay back the loan.
- Very little interest has to be paid.
- You are not asked for any credit history.
Friends, in case you are planning to take loan from this company, then you will have to fulfill the following terms and conditions
- Your age should be between 21to 45 years. If your age is below 21 and above 45 then Buddy Loan App will reject your application.
- It is very important for you to have some means of monthly income otherwise company will not sanction you a loan.
- You should be citizen of India.
- Minimum income should be 12 thousand every month.
How To Apply for Loan via Buddy Loan
You need to follow simple steps mentioned below in order to get your personal loan sanctioned
- First of all, you have to download Buddy Loan App from Play Store.
- After that you have to register in it with your mobile number.
- After that you have to enter your required information.
- Now you have to upload your supporting documents in it.
- After this your loan will be approved and the money will come in your account.
So, friends we have given you detailed information regarding yet another exciting application called Buddy Loan application that can be used for taking loan. We have discussed all the topics related to loan application and sanction of loan.
If you have any other quarries, please write in comment section below. See you in our next post. Happy living!