With recent digitization, managing the finances have become simple, transparent and convenient. From digital application of loans to comparing credit card options, everything is handy and easily accessible. Paisabazaar is one such financial platform that brings multiple financial products and services together in one place.
What is
Paisabazaar App?
Paisabazaar app
is an online financial marketplace that helps compare, assess and apply for
multiple financial products, all in one place. Whether it is a personal loan, a
credit card or a credit score check, you can get it all on Paisabazaar in just
a few clicks. The app is quick, convenient and easy accessible from anywhere,
anytime.
Paisabazaar App - Your One Stop Shop for
Financial Products
Paisabazaar
is considered a one stop shop for all the financial products for the following
reasons:
Multiple
Financial Products in One App
One of the
greatest advantage of Paisabazaar is that you get a wide range of financial
products on a single platform. You need not visit multiple websites or bank
branches or download numerous apps. You can explore personal loans, home loans,
business loans, credit cards, loan against property, fixed deposits, etc. on
Paisabazaar app, thereby, reducing the hassle of managing multiple
applications.
Compare Rates and
Offers of Multiple Lenders
You can compare
interest rates and offers from 30+ banks and NBFCs using Paisabazaar app. The
app allows you to check the interest rates, processing time, processing fees,
tenure options, EMI, etc of their partner lenders. Thus, you can opt for the
most suitable lender fitting well within your budget.
Pre-approved
Offers
The app shows
pre-approved offers based on the credit profile of the applicant. Individuals
with a strong credit profile are eligible for pre-approved offers at lower
interest rates. Such loans require minimal or no documentation, quick disbursal
and higher chances of loan approval.
Features of
Pre-approved Loans:
●
Existing
customers of banks and NBFCs/HFCs are eligible for pre-approved offers.
●
Applicants with a
strong credit profile are usually offered pre-approved loans.
●
Pre-approved
applicants are usually offered lower interest rates.
●
The application
process required minimal or no documentation.
●
A pre-approved
loan higher chances of approval and is disbursed quickly.
100% Digital
Application
Paisabazaar app
offers 100% digital application process with minimal documentation and online
document upload. You need not get into lengthy paperwork, visit multiple
websites and bank branches.
EMI Calculators
Paisabazaar
provides built-in EMI calculators to calculate the EMI and overall interest
cost. These are free of cost, user-friendly and accurate. All you need to do is
enter the loan amount, interest rate and loan tenure, and get the results
instantly. Thus you can assess your loan affordability and opt for the loan
sitting well within your budget.
Benefits of EMI
calculator:
●
Helps in
evaluating the overall loan cost.
●
It is free of
cost and user-friendly.
●
You can adjust
the parameters (interest rate, loan amount, loan tenure).
●
You get the
results instantly.
●
You can assess
your loan affordability even before loan application.
Safety and
Security
Paisabazaar is a secured platform where your personal and financial data is protected with bank grade security. Security becomes our top priority when we deal with financial data. Customers can confidently share their critical information with us.
Expert Assistance
A credit expert
guides you through the entire loan process. We ensure you constant support
right from loan application to loan disbursal. Also, you get a call only when
you request assistance during loan application.
How to Apply
Through Paisabazaar
●
Download the
Paisabazaar app from Google Play or Apple Store.
●
Click on the
required loan product (personal loan, home loan, etc.)
●
Enter the
required details.
● View curated offers and apply for the best suited loan offers.
What Makes
Paisabazaar Stand Out Among Other Fintechs?
Paisabazaar focuses on transparency, personalization and user choice, thereby, taking a unique position among other fintechs. It is a wide ecosystem of financial products. It actually compares the rates and offers of multiple lenders and don’t just list them. Its completely digital application process saves a lot of time and effort and is therefore the go-to-financial companion of the customers. Unlike other financial platforms, Paisabazaar also offers loans to new-to-credit customers with very little or no credit history, without any hassle. These features cater to a wide range of user needs. Hence, the app is most preferred as compared to single product apps or other comparison portals.
Conclusion
