Paisabazaar Scales Up Home and Secured Loans: A Deep Dive

Paisabazaar, India's leading marketplace for consumer credit, is focusing on scaling its Home Loans and other secured loan products. The company aims to increase the share of secured loan disbursals to 50% of total disbursals through its platform, focusing on key markets like Delhi NCR, Mumbai, and Bengaluru.

Paisabazaar, India's leading consumer credit marketplace, is ramping up efforts to scale its Home Loans and other secured loan products. The platform aims to increase the share of secured loan disbursals to 50% of total disbursals, targeting prime markets like Delhi NCR, Mumbai, and Bengaluru.

According to co-founder and CEO Naveen Kukreja, the company is building its distribution and fulfilment capabilities to improve last-mile delivery. 'The overall macros for India's consumer credit market remain strong and conducive for long-term growth,' he said.

Sahil Arora, Chief Business Officer for Secured Loans, emphasized the company's focus on providing end-to-end assistance to consumers. Paisabazaar is also working on digitizing parts of the secured loan process to enhance efficiency and consumer experience.

(With inputs from agencies.)