✅ Minimum tenure of 6 months / maximum tenure of 5 years
✅ Interest rates starting from 11.99% per annum
✅ Loan amount from ₹10,000 up to ₹15 lakhs
✅ Quick approval with no collateral required
✅ No prepayment penalties
Why do we recommend Buddy personal loan?
Buddy Personal Loan connects borrowers with a wide network of trusted banks and NBFCs, giving customers the chance to find offers that best suit their needs. The process is simple, paperless, and designed to save time.
The product stands out because it provides flexibility, both in repayment tenures and loan amounts. Whether you need a smaller sum for short-term needs or a larger loan for major expenses, Buddy Personal Loan makes it possible.
In addition, with minimal documentation and no requirement for collateral, this product becomes an accessible option for individuals seeking quick financial assistance with confidence.
Writer’s opinion
In my view, Buddy Personal Loan is a reliable choice for those who want easy access to personal credit through a secure digital platform. Partnering with multiple lenders allows the borrower to compare and secure competitive rates, which is a big advantage.
The starting interest rate of 11.99% p.a. is attractive compared to many other personal loan options available in the Indian market. The fully online process, fast approvals, and transparent conditions make the platform trustworthy and convenient.
Example simulation: For example, if you borrow ₹200,000 for 36 months at 12% p.a., the approximate EMI would be around ₹6,660, totaling about ₹239,760 at the end of the tenure.
If you opt for a longer tenure, such as 5 years, the monthly EMI becomes lower, but the total interest paid will be higher. This flexibility allows you to choose a plan that fits your budget.
Ready to take the next step?
If you want to know how to apply for Buddy Personal Loan and get started right away, click the button below. It will guide you through the simple process and help you access funds quickly and securely.