Welcome to BorrowBuddy, your trusted companion for short-term personal loans. Need quick funds for unexpected expenses or to bridge financial gaps between paychecks? BorrowBuddy has you covered. Experience rapid approval and enjoy the flexibility of personalised repayment plans. Say goodbye to lengthy processes – our app is designed for swift, hassle-free transactions. Apply, get approved, and manage your short-term personal loan seamlessly, all within the BorrowBuddy app. Your financial well-being, simplified.Benefit from the lowest interest rates, no hidden costs, 100% transparency, and zero collaterals.

Key Features:
Key Highlights
❌ No security deposit
❌ No Hidden Cost
● Loan Amount: ₹5000 to ₹2 Lakhs
● Loan Tenure: 62days to 365 days
● Annual Percentage Rate range from 0% - 36%
● 100% Digital Process
● Accessible Anytime, Anywhere:Whether through our mobile app, access at your fingertips whenever you need it.
● Minimal Documentation: We requires minimal documentation, making the
process smoother for you.
● Instant Approvals:Completed applications are approved instantly, ensuring a quick response
to your financial needs.
● Direct Money Transfer to your Account : Once Loan is approved, the money is transferred directly to your bank account, providing swift access to the funds you require.
● Transparent Terms : No surprises. Clear terms and conditions for a worry-free borrowing experience.

Why Choose Us?
- Fast approval
- Secure transactions
- Flexible repayments
- Transparent terms
- Friendly support

Eligibility Criteria
• Salaried Individuals
• Above 21 years
• Minimum take-home salary per month ₹15K Documentation
• PAN
• Aadhaar card
• Salary account bank statement

Sample Calculation
Loan Amount: ₹ 20,000
Tenure: 3 Months
Interest: Flat 36% per annum
Processing Fees (incl. GST): ₹ 708
Disbursed Amount: ₹ 20,000 - ₹ 708 = ₹ 19,292
Flat Interest: ₹ 20,000 * 3/12 * 36% = ₹ 1,800
Total Repayment Amount: ₹ 20,000 + ₹ 1,800 = ₹ 21,800
Monthly EMI: ₹ 21,800 / 3 = ₹ 7,267
Total Cost of loan: Interest Amount + Processing Fees = ₹ 1,800 + ₹ 708 = ₹ 2,508.

Interest rates and other charges
🔹Interest Rate range from 0% to 36%
🔹Late payment charges: We charge a late payment fee not exceeding 8.33% per month on the amount due, subject to a minimum of ₹ 500+GST
🔹Mandate reject charge: ₹ 250+GST.
🔹Bounce charges:₹ 500+GST
🔹Prepayment charges: 0
🔹Processing Fees (incl. of GST) ranges from ₹ 590 to ₹ 11918 (depending on the loan amount & tenure)

Approval Process
1. Login to the app.
2. Fill in some basic details and upload required documents.
3. Choose the loan amount and tenure.
4. Get the money transferred to your account
Safety & Security:
SMS: We only access transactional SMS to evaluate creditworthiness and determine the loan offer amount.
Device Info: Securely links the loan application to the user's phone.
Location: Ensures the serviceability of a loan application and accelerates the KYC process.
Camera & Media Access: Facilitates the upload of your selfie as part of the application process.


💼Borrowbuddy is working with RBI complaint NBFC -
1. Superline Fininvest Pvt. Ltd.

📧Contact Us
For any kind of help or support, feel free to send an email to [email protected]