The description about Buddy Loan: Instant Personal Loan, Jobs & Reward APK
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.
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)
Bvalue Services Pvt. Ltd.
Rated for 3+
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