Paisabazaar.com ties up with leading banks, NBFCs for car loans

Paisabazaar.com, a one-stop shop for all personal financial products, has entered into strategic partnerships with leading banks and NBFCs including HDFC Bank, ICICI Bank, Kotak Prime and IndusInd Bank, AU Financiers and L&T Finance to offer car loans to consumers.

According to Naveen Kukreja, managing director, Paisabazaar.com, the company is looking forward to enhance the value proposition for those looking to buy car loans through its website.

The loans will be available for new vehicles and used cars. PaisaBazaar is part of PolicyBazaar.com, India’s leading online destination for all kinds of loans, credit cards and other financial products. The group has been funded and backed by Naukri, Intel Capital, Inventus Capital Partners, Tiger Global and Ribbit Capital.

PaisaBazaar’s comparison engine gives consumers all options to fit their requirements. The portal allows the borrower to evaluate various deals on the basis of loan amount, interest rate, eligibility criteria and repayment options.