Paisabazaar.com, Axis Bank unveils pre-qualified program for personal loans

Hyderabad Paisabazaar.com, India's largest digital marketplace for consumer credit, said on Friday that in partnership with Axis Bank it has launched a Pre-Qualified Program for unsecured loans on its platform.

The program 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, can view and apply for pre-qualified and customized personal loans from the bank through the Paisabazaar platform. This integration would lead to instant access to credit for the select customers through the click of a few buttons on Paisabazaar.

Sumit Bali, Group Executive, Retail Lending, Axis Bank, said: '' Our partnership enhances customer experience through an innovative financial solution that is both convenient and easy. Our pre-qualified credit products involve paperless processes and quick disbursals."

"We remain committed to offer the industry-best experience on our platform for varied consumer segments and offer tailor-made lending solutions. By deepening our partnership with Axis Bank, we are focusing on accessing of credit process simple, convenient and frictionless," said, Naveen Kukreja, CEO & Co-founder, Paisabazaar.com.