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 loans like personal and business loans and secured loans like Home Loans and Loan Against Property.



Since March 2020, the pandemic had deeply impacted the lending industry, and Paisabazaar says along with external factors like the

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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.



The Pre-Qualified program on Paisabazaar.com entails deep technology and analytics collaboration with Banks and NBFCs, which enables select customers to view customized and pre-qualified lending offers on the fintech’s platform.


 


Axis Bank customers, both salaried and self-employed, who are

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