Apply online for a loan and get an instant approval
You are planning to do something huge? Do you need money to help your child get a higher education? Do you have a medical emergency? Cash crunch? Cash shortage? You are wondering what to do? If you’re feeling extremely stressed and want a convenient and safe way to finance your expenses, an instant personal loan could be the answer. Personal loans are unsecured loans with flexible terms and a low interest rate. Unsecured loans are not subject to collateral or security requirements. Buddy Loan makes it easy to apply for loan online up to Rs. 15 Lakh at an average interest rate of 11.99%
Personal loans have no limitations. You can use the loan amount according to your needs and repay it within 6 months or 5 years. A personal loan is a great option for any financial need. It’s quick and easy to apply, receive your funds quickly, and you can repay it in as little as 6 months. Isn’t that great?
You must meet these criteria to be eligible for an immediate personal loan.
Indian citizens and residents are required.
The minimum age should be 21
Your monthly income should not exceed Rs.18000
Visit the Buddy Loan app or website to apply for a loan online. After filling out the information, upload your documents (identity proof, salary slips, and address proof) and wait for verification.
Tips to get a personal loan approved instantly
Meet the lender’s eligibility criteria. Before proceeding, ensure that you review the eligibility criteria on the website of the respective lender.
It is important to have a stable source of income. This is one factor that lenders use to determine the loan amount as well as the interest rate.
Before approving your loan request, lenders will consider the CIBIL score. It is a three-digit number that lenders use to determine your financial information and transaction history. Scores above 750 are considered to be good in order to get a loan. You can improve your score by paying off your current loan and other debts promptly.
Do not apply to multiple lenders at once as it could negatively affect your profile.
Clear all existing loans first, then apply for the new one. If you don’t, lenders might doubt your ability to repay.
The following tips and tricks can increase the likelihood of approval for a loan immediately. Buddy Loan’s simple application allows you to quickly and efficiently apply for a loan online. Your loan will be disbursed to your account in 48 hours after all documentation has been verified. Buddy Loan can help you get a loan quickly. Get your loan sanctioned quickly at Buddy Loan
