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Press background on Paisabazaar.com
Company profile
Paisabazaar.com is India's largest online financial marketplace for investment and lending products. It currently offers all kinds of retail lending products such as personal loan, home loan, loan against property, auto loan, gold loan, education loan and credit cards. It also offers investment products, including mutual funds, savings account and fixed deposits on its platform.
 Recent press releases
Consumers between 35 and 40 years Most Credit Healthy: Paisabazaar's Insights Report

An insights report by Paisabazaar, India’s largest digital marketplace for consumer credit, revealed that consumers between 35 and 40 years of age are the most credit healthy, while those below 25 years are the least credit healthy.
 
In the last 6+ years, over 2.... (more)
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Over 65 Lakh Paisabazaar Consumers with Delinquencies Clear Outstanding Debt

Paisabazaar, India’s largest digital marketplace for consumer credit, announced today that its credit awareness initiative has helped a large share of its consumer base to clear their outstanding debt. According to Paisabazaar, over 65 lakh consumers, who checked their free credit sco... (more)
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Paisabazaar's Credit Awareness Initiative Enables Over 52 Lakh Consumers to Improve their Credit Score Significantly

Paisabazaar, India’s largest* digital marketplace for consumer credit, announced today that 52.7 lakh consumers, who checked their free credit score from its platform, have improved their credit score by 20 points or more over a period of 18 months. This includes 23.6 lakh customers w... (more)
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Paisabazaar.com Strengthens Neo-Lending Product Suite, Launches New Co-created Product with RBL Bank

Paisabazaar.com, India’s largest* digital marketplace for consumer credit, announced the launch of ‘Paisa on Demand’ (PoD) - An one-of-a-kind credit card, co-created with RBL Bank. PoD is Paisabazaar.com’s third co-created product under its neo-lending strategy, whic... (more)
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Paisabazaar.com Reaches USD 1.1 billion Annualized Loan Disbursal Rate, Provides Access to Credit Across 668 Cities

Paisabazaar.com, India’s largest* digital marketplace for consumer credit, announced today that it has reached an annualised loan disbursal rate of $ 1.1 billion (excluding credit card issuance). In December 2021, the fintech disbursed ~Rs. 695 crore of loans, which included unsecured... (more)
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Paisabazaar.com and Axis Bank Launch Pre-Qualified Program for Personal Loans

Paisabazaar.com, India’s largest digital marketplace for consumer credit, announced today that it has strengthened its partnership with Axis Bank, India's third largest private sector bank, by launching a Pre-Qualified Program for unsecured loans on its platform.
... (more)
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Paisabazaar.com Closes its Largest Home Loan Case of Rs. 9.35 Crore

Paisabazaar.com, India’s largest digital consumer credit marketplace*, announced today that it has closed its highest online home loan case of Rs 9.35 crore.
The home loan, sourced through the Paisabazaar platform, was disbursed by a leading private bank to a Hyderabad residen... (more)
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Paisabazaar Aims to Enable Financial Inclusion through Multi-city Recruitment Drive, Tech-driven Platform

Paisabazaar’s strengthened technology-driven infrastructure enables advisors to connect with customers remotely
The fintech plans to use multi-lingual advisors to drive awareness
It is recruiting local talent across multiple cities to build competencies in offeri... (more)
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Paisabazaar Rolls out its Neo-lending Strategy, Launches Step Up Credit Card with SBM Bank India

Step Up Credit Card is a secured credit card, backed by a FD
Aimed for consumers, who are new to credit or have damaged credit
The card has an end-to-end digital process, with instant issuance and activation
First in line in Paisabazaar’s neo-lending st... (more)
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Paisabazaar.com Wins Top Honours at India Digital Awards for Lending Excellence

The fintech wins Gold for “Excellence in Consumer Lending”
Paisbazaar’s Digital Stack, built to digitize Lending end-to-end, wins “Best Use of Emerging Technology” Award
Paisbazaar.com, India’s largest independent lending and credit sc... (more)
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