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Paisabazaar Closes its Largest Working Capital Loan of Rs. 4.5 Crore | ||
Gurgaon, Haryana, India Paisabazaar, India’s largest digital marketplace for consumer credit, announced today that it has closed its largest working capital loan of Rs 4.5 crore. The working capital loan, sourced through the Paisabazaar platform, was disbursed by Axis Bank, India’s third largest private sector bank, to a self-employed consumer from Gujarat.
"Paisabazaar has helped me find the best loan offer with ease. Both Paisabazaar and Axis Bank guided me on every step of the process. The entire experience was hassle-free,” said the consumer, who runs a wholesale business near Ahmedabad.
One of Paisabazaar’s focus areas has been to build a more inclusive lending ecosystem for the MSME community, by working closely with its partner Banks and NBFCs. About Axis Bank
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses. With its 4,758 domestic branches (including extension counters) and 10,990 ATMs across the country as on 31st March 2022, the network of Axis Bank spreads across 2,702 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge and Axis Bank Foundation.
For further information on Paisabazaar, please refer to: www.paisabazaar.com. |
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