Buddy Loan is an application for Android that gives you the opportunity to borrow money from a bank online if you need them urgently.
This app provides you with the ability to apply for a loan online. If it gets approved, you can receive the money almost instantly and spend them.
Buddy Loan is developed for the Indian market. You can borrow up to 1 500 000 rupees and the interest rate starts at an estimated 12 percent.
You are also able to choose the duration of the loan. There is a wide variety of options available for users, from six months to five years.
You need to provide your identification documents in order to apply for a loan online. If you meet all the requirements, the cash will be transferred straight to your bank account. You can use it for any purposes and pay it back gradually.
If you live in a country other than India, it is possible to find utilities with the same functionality. For example, citizens of Nigeria can use sokoloan.
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