Paisabazaar.com, India’s largest digital marketplace for consumer credit, announced today that it is has strengthen its collaboration 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 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 eligible for pre-qualified for personal loans from the bank, will now be able to view and apply for same offers through the Paisabazaar platform as well. This incorporation would lead to instant access to credit for these select clients through end-to-end digital process, which can be completed through the click of a few buttons on Paisabazaar.
Speaking on the collaboration, Sumit Bali, Group Executive and Head – Retail lending, Axis Bank, said, “Our partnership with Paisabazaar.com is one more step towards offering enhanced client experience through an innovative financial solution that is both convenient and easy. Our pre-qualified credit products involve paperless processes and quick disbursals. The same customer experience on our pre-qualified products will now be available on Paisabazaar.com as well”.