BorrowBuddy

Android app by SUPERLINE FININVEST PRIVATE LIMITED. Finance · SUPERLINE FININVEST PRIVATE LIMITED

Store rating
Unknown
Store rating count
Unknown
Download price
Free to download
In-app purchases
Not listed in captured metadata
Version
0.0.3
Listing last refreshed
2026-09-17

View the original store listing

Store description excerpt

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 uplo

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