A instant personal loan can give you a financial boost in your tough times.

Whether you are a salaried person or self-employed, at certain times you may confront financial crunches.

To save yourself from unwanted and uninvited emergencies, nothing can be better than opting for a loan.Yes, a quick & easy personal loan at a reasonable interest rate could be the solution to all your monetary problems.

Being a salaried employee, it can be easier to get the loan approved showing the income proof, but when it comes to a self-employed individual, people believe that it can be difficult to get a loan sanctioned.This is not the truth as a self-employed person can easily avail a loan from a trusted lender/bank after submitting the necessary documents and fulfilling all the formalities.

Lenders are willing to give loans to self-employed individuals who have their documents ready.

Check out the personal loan eligibility criteria, required documents, and other things to get an instant personal loan.Eligibility Criteria: The borrower should be a resident of India between the age 18 - 65 yearsThe annual turnover or profit has to be 1 lakh or as per the requirement of the lenderThe borrower has to be in the same business for at least 3 years or moreDocuments Required:Proof of age - Birth certificate/passport/PAN cardProof of ID - Voter ID/Passport/Aadhar/PANPhotographsProof of residence - passport/utility billLast 3 months bank statementProof of income - Latest income tax return, the balance sheet of last 2 years, profit/loss certificateCheck with the lender if you need to submit any other documents.Rate of Interest (ROI):The rate of interest depends on various factors including the relationship between the lender and borrower, credit history, and many more.

Buddy Loan encumbers both private & public sector banks for loan dispenses.

It holds the biometrics of the borrower & his authentic details, there are fewer documents required for availing a loan.Over time, the loan approval period has gradually decreased.

Hence, it is easier & faster to avail a personal loan with complete verification.Buddy Loan focuses on the various aspects of financial solutions; Cutting across turnaround time, easy loan journey, 0 complexity & weekend availability & even income opportunities for people with different financial backgrounds.

Aadhaar card & personal loan: There is barely any requirement of physical documents with the e-KYC option.

Buddy Loan has encapsulated the entire loan journey in a digital platform.

Since, it serves as a proof of identity and citizenship validation, it is on top of the e-KYC list for loan approvals.Aadhaar card helps you avail a personal loan in less time.

When a fixed amount of money is lent to the borrower with a fixed repayment time, it is called personal loan.

They do have a fixed interest rate over the repayment tenure.Further, personal loans are segregated to two other categories, unsecured and secured, which we shall discuss more on.

Beside all the benefits, if you still want to default your score, It is pretty good as defaulting your financial image.Buddy Loan offers a solution to each of your financial nuance, with a wide pool of lenders.

It disburses unsecured loans, yes loans without a collateral with lower interest rates starting at 11.99%p.a.

The careless: There are people who avail the loan and not care enough to repay it on time for many reasons such improper calculation between income and expenses.People realise those mistakes once they start paying the EMI.

The candid: People who have real tight situations and genuine problems to deal with.

Not only does it help in loan approvals but also as a better Proof of Identity.

For loan aggregators with 80% approval rate, Aadhaar card is a key proof for sanctioning loans.Buddy Loan is reputed in the industry, for higher beneficiaries.

It can help you avail loans at competitive interest rates & in other comprehensive financial solutions.All banks, NBFCs, financial firms require KYC documents and that’s why, Aadhaar card serves as a better proof of identity.

Thanks to Aadhaar card, it has transformed financial services for people from different walks of life.Besides opting for a loan, borrowers can apply for a new job opening, play games & make money.

Shop online with Buddy Loan’s unique offers.

Note that the turnaround time after submitting the loan application is usually less than 15 mins.The borrower can avail a personal loan for personal or commercial reasons.

Joy of travelling levy’s the character or expands your personality.

Get that instant personal loan for all your travel coverage.To avoid the confusion, Buddy Loan, one of the biggest loan aggregators in India disburses travel loans at lower interest rate starting at 11.99%p.a.

This article helps you reason out why you need instant personal loan over other factors to help you during financial shortcomings!

Why don’t you choose a personal loan instead of spending your savings and fixed deposits on travelling while there are better means to use for travelling?

A long shot for getting an idea to make your experience more legit.Budgeting:The more the money the better the experience.

Budgeting does distribute your money wisely and helps you experience the most important things better.The sum total accountable:Once you have the idea of the total trip cost, you can first see how much you have and leverage the shortcoming by opting for an instant personal loan from Buddy Loan.

Personal loan documents are very easy to dodge & get the right turn of approvals instantly.

To cut down the hassles of local address proof, identity proof & visual identity proofs, government has marked laws on linking Aadhaar for online verification process.Buddy Loan, an aggregator known for its’ 80% approval rate reputation in the industry.

However, the application requires 2 must show documents for any amount of you avail.

At Buddy Loan, instant medical loan with lower interest rates are approved but with no collateral.During medical emergency:Emergencies are uncertain and based on these documents provided, the issuing party will either approve or deny the loan to the corresponding applicant.

As a result, the applicants needn’t present physical documents while availing an Aadhar loan.

Though the requirement may vary from lender to lender marginally.Buddy Loan, has wide network of distributors like the NBFCs, banks & financial firms as PANIndia fintech solution.