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Articles By KushiBL

What is the impact of GST on personal loan?
Note: GST does not have an impact on the EMI amount, GST is only taxable when the user is processing the Personal Loan from Buddyloan. Therefore, the GST does affect the personal loan repayment and personal loan interest rate.Buddyloan Personal Loans are the easiest Personal loans, requiring the minimum amount of documentation. The eligibility cr...

What is Gold Loan?
What is Gold Loan?  Gold loan is a loan given by a bank or institution to an individual who pledges their gold jewelry for money. The gold should be within a range between 18 to 24 carats. The loan amount is a certain percentage of the current gold price, as well as the quality of the gold. This will vary from bank to bank and is typically up to 80 pe...

What is a business loan?
What is a business loan?A business loan is taken from the bank to start a business or expand an existing one. This money has a percentage of interest and is payable in a fixed period.  However, loan aggregators help you with the best repayment options for a good 5 years. Explore Buddy Loan in order to reap more benefit for a business loan.Apply Instan...

Can a government employee apply for a personal loan?
Of course, government employee is eligible to apply personal loans via Buddyloan. In fact, all the working professionals, salaried and self-employed individuals are eligible for loans. Not only this, but Buddyloan also offers a personal loan to the pensioners to fulfil their various needs. There are many lenders but it will be a wise decision to apply i...

What is the minimum salary I would require to get a two-wheeler loan?
It varies by bank. Some banks require Rs. 50,000 per year. Some may go even lower, but to about Rs.25000 per month. However, loan aggregators can help you with that. Buddy Loan at a minimum level requires an income slab of Rs. 20,000 pm. But, nowadays this is rare. Simply because the costs of two-wheelers are unlike they were a decade ago.Apply instant two...

How can I get a four-wheeler loan?
How can I get a four-wheeler loan? A loan is a way to purchase or to procure something when it is not available to the person otherwise. By use of a financial institution like a bank such as HDFC, ICICI or Kotak Mahindra Bank or formal money lenders like Muthoot Finance, loans can be taken.Better yet, you can avail the best loan with loan aggregator...

What is the interest on a gold loan?
Interest is the amount you pay back with the principal amount to the lender after you are advanced with a loan. Borrowers are expected to pay a monthly EMI to include the interest.   Apply instant gold loan online. Given that the gold loan is advanced against security. Availing a loan through loan aggregators can suffice y...

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