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Buddy Loan

Buddy Loan is a digital fintech marketplace for loans, offering instant personal loans, gold loans, business loans, and free credit score checks.

Last updated September 1, 2026

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Overview

Buddy Loan is a digital fintech marketplace facilitating loan services for all eligible age groups. It provides curated options from multiple lenders, with a focus on quick approvals and transparent unsecured loan journeys. The platform offers personal loans up to ₹35 lakh, gold loans up to ₹2 crore, and business loans up to ₹50 lakh, along with free credit score checks. Founded in 2019 by Srikanth Bureddy and Sathish Saraf, the company has processed over 7 million loan applications by 2020 and established a presence in the United States by 2022.

History

Buddy Loan was founded in 2019 by Srikanth Bureddy and Sathish Saraf. In 2020, the platform processed over 7 million loan applications. In 2022, it established a significant presence in the United States.

Products and positioning

  • Instant Personal Loan

    Up to ₹35 Lakh, 100% digital process, interest rate from 12%.

  • Instant Gold Loan

    Up to ₹2 Crore, high loan value, minimum ROI, no credit score required.

  • Quick Business Loan

    Up to ₹50 Lakh, minimal documentation, no collateral, fast approval.

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