BankBazaar review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

BankBazaar suits Indian borrowers who want one marketplace to price personal, secured, car and student loans side by side, with a soft prequalification credit check and same day funding. The catch is the fee spread: origination runs 0% - 6% of the loan amount + GST on personal loans, and early repayment carries a charge.

Key facts

Best for
Indian borrowers comparing fixed rate personal loan offers from several banks in one place
APR
8.75% to 24% (Source, checked September 26, 2026)
Loan amount
up to ₹10,000,000 (Source, checked September 26, 2026)
Term
up to 84 months (Source, checked September 26, 2026)
Arrangement fee
0% - 6% of the loan amount + GST (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Same day, within 1 working hour (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Marketplace (Source, checked September 26, 2026)
Free early repayment
No (Source, checked September 26, 2026)
Eligibility
Salaried 21 to 60 years, self-employed 21 to 65 years, Indian residents (Source, checked September 26, 2026)
Origination fee (%)
0% to 6% (Source, checked September 26, 2026)
Loan types
Personal, Secured, Car, Student (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Legal entity
A&A Dukaan Financial Services Private Limited (Source, checked September 26, 2026)
Headquarters
India (Source, checked September 26, 2026)
Support channels
Email, Phone, Chat (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
bankbazaar.com

Mortgages

Initial rate
7.1% (Source, checked September 26, 2026)
Maximum loan to value
90% (Source, checked September 26, 2026)
Product fee
₹0 (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Marketplace (Source, checked September 26, 2026)
Legal entity
A&A Dukaan Financial Services Private Limited (Source, checked September 26, 2026)
Headquarters
India (Source, checked September 26, 2026)
Support channels
Email, Phone, Chat (Source, checked September 26, 2026)

Apps and profiles

Elsewhere
WikidataLinkedInXyoutube.com

Pros and cons

Pros

  • A single marketplace covers personal, secured, car and student lending, so one search covers personal, secured and car
  • Applications use a soft prequal credit check, so an enquiry does not need a full hard search
  • Disbursement is quoted at Same day, within 1 working hour on approved personal loans
  • Pricing is fixed rather than variable across personal, secured and car, which keeps repayment costs steady
  • Support runs on email, phone and chat, so help is available without posting a form into a void

Cons

  • Origination fees of 0% - 6% of the loan amount + GST apply on personal loans, and the range shows GST on top
  • Free early repayment is not offered, so settling a personal loan early carries a charge
  • The APR spread of 8.75% to 24% is wide, so quotes from the same marketplace can differ a long way
  • Only a good credit file is listed, which puts the door out of reach for weaker files
BankBazaar

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Scored 8.7 / 10 by BorrowCue.

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Who it suits

  • Salaried or self employed Indian residents inside the good credit band
  • Borrowers who want to compare fixed rate offers from many lenders before picking one
  • Anyone who needs money moved fast once a loan is approved

Who should look elsewhere

  • Borrowers who want to repay early without charge, since free early repayment is not offered
  • Those shopping a single lender rather than a marketplace, because marketplace means offers come from many banks
  • Lenders offering a single fixed rate, as 8.75% to 24% spans a wide band

What borrowing costs

Personal loans are priced on a fixed basis, with APR running 8.75% to 24% across the range of lenders on the marketplace. The borrowing rate is the same whatever the credit file, so the differences sit in the fee. On top of interest sits an origination charge of 0% - 6% of the loan amount + GST, which is charged as a share of the amount borrowed. Repaying a personal loan early is not free: free early repayment is not offered, so a settlement charge applies on top of any interest already accrued. Readers weighing total cost should treat the origination charge as part of the price of the loan, not as an optional extra, and should check whether the lender offers a waiver on disbursement day. On a fixed rate, the monthly figure stays level for the life of the loan, which makes budgeting easier than with a variable rate. Because marketplace means the quotes come from several lenders rather than one, two borrowers on the same credit file can be shown different rates within 8.75% to 24%.

Application and funding speed

Speed is the clearest reason to use this marketplace. The credit check is a soft prequal, which means an enquiry can be made without the full hard search that a lender running a hard check would carry out. Once an offer is accepted, funding time is quoted at Same day, within 1 working hour, so an approved personal loan can reach the account while the working day is still going. The same day funding feature is listed as a standard part of the personal loan offer rather than a bolt on for some lenders only. Loan sizes are wide, with up to INR 10,000,000 available, which covers both a small top up and a large consolidation or renovation bill. A longer borrowing period of up to 84 is available where the monthly figure needs bringing down. Applicants also need to clear basic eligibility: Indian residents, with salaried applicants accepted from a minimum age and self employed applicants from a minimum age up to a later cut off.

The company behind it

BankBazaar is a marketplace rather than a bank itself. The legal entity behind the site is A and A Dukaan Financial Services Private Limited, based in India. Because it is a marketplace, the money is lent by the partner banks shown on the offer, and the terms that matter are the ones printed on that lender's schedule. Support is offered on email, phone and chat, so a borrower can reach the site by phone, by email or by live chat rather than post only. The set of products covers personal, secured and car, and home loan lending sits alongside them with an initial rate of 7.1% and a maximum loan to value of 90% for purchase and remortgage. The fee charged to join or use the service is a INR 0.

How BankBazaar compares

Where BankBazaar is available

Available
India

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate will I pay on a BankBazaar personal loan?+

Personal loans are priced on a fixed basis, with APR running 8.75% to 24% depending on the lender and your credit file. The rate is set by the partner bank making the offer, not by the marketplace. Because offers come from several lenders, the same application can be shown more than one rate.

Are there fees on top of the interest?+

Yes. Personal loans carry an origination charge of 0% - 6% of the loan amount + GST, which is a share of the amount borrowed plus GST. Using the marketplace itself costs a INR 0. Readers should add the origination charge to the interest when comparing two offers rather than looking at APR alone.

Can I repay a loan early without a charge?+

Not on a personal loan. Free early repayment is not offered, so settling the balance early attracts a charge from the lender. That makes a fixed rate less attractive if you expect to clear the balance sooner than planned, since the rate itself is fixed and will not fall.

Does applying affect my credit file?+

The credit check quoted is a soft prequal, which is softer than the hard search some lenders run. Applicants still need a good credit file to be accepted, and a full search follows once a lender takes the application forward. The soft stage lets you see offers without committing to a hard check.

How fast do I get the money?+

Funding time is quoted at Same day, within 1 working hour on an approved personal loan, and same day funding is listed as a standard feature of the offer. That speed depends on the lender completing its checks, so the clock starts after approval rather than after you apply. Larger amounts can take extra handling.

How much can I borrow and for how long?+

Loan amounts reach up to INR 10,000,000, and a term of up to 84 is available. The marketplace covers personal, secured and car, so a secured, car or student loan can be found in the same search. Larger amounts usually pair with the longer end of the term range.

Who can apply?+

Eligibility covers Indian residents, with salaried applicants accepted from a minimum age up to a set cut off and self employed applicants accepted from a minimum age to a later cut off. A good credit file is also required, so weaker files will not match. Income proof and address documents are typical requirements for the partner banks.

Is BankBazaar a bank?+

No, it is a marketplace. The legal entity behind the site is A and A Dukaan Financial Services Private Limited, based in India, and the lending is done by the partner banks whose offers appear in the search. That distinction matters when reading the terms, since each lender sets its own rate, fee and early repayment charge.

How do I get help if an offer looks wrong?+

Support runs on email, phone and chat, so a borrower can reach the team by phone, by email or by live chat. Because offers come from partner banks, disputes about the rate or a fee on a specific offer are usually handled by that lender, and the marketplace can point you to them. Keep the offer reference from the application when you raise a query.

Does BankBazaar lend for a home?+

Yes, home lending sits alongside the other products, with an initial rate of 7.1% and a maximum loan to value of 90%. The stated purposes are purchase and remortgage. Buying a home means a much larger application than a personal loan, and the mortgage runs through a partner lender.

Sources

  • bankbazaar.com checked September 26, 2026

    Backs: Credit check, Loan types, Purpose

    “You'll also know your approval chances before you apply with no impact on your Credit Score”

  • bankbazaar.com/aboutus.html checked September 26, 2026

    Backs: Headquarters, Lender type, Product fee

    “CHENNAI (Headquarters) Prince Info Park, Block-B, 3rd Floor, 81B, 2nd Main Road, Ambattur Industrial Estate, Ambattur, Chennai 600058, India”

  • bankbazaar.com/conditionsofuse.html checked September 26, 2026

    Backs: Legal entity, Support channels

    “owned and operated by A&A Dukaan Financial Services Private Limited ('BankBazaar'), a company incorporated under the provisions of the Companies Act, 1956”

  • bankbazaar.com/home-loan-interest-rate.html checked September 26, 2026

    Backs: Initial rate, Maximum loan to value

    “Compare the lowest home loan interest rate starting from 7.10% p.a.”

  • bankbazaar.com/personal-loan-interest-rate.html checked September 26, 2026

    Backs: APR, Credit needed

    “Personal loan interest rates in India range from 8.75% to 24% p.a., depending on your credit score, income, and employment profile”

  • bankbazaar.com/personal-loan.html checked September 26, 2026

    Backs: Loan amount, Eligibility, Features, Free early repayment, Funding time, Pricing model, Arrangement fee, Origination fee (%), Rate type, Term

    “Personal Loan: Loan Amount - Up to Rs.1 crore”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

BankBazaar

BankBazaar

Indian borrowers comparing fixed rate personal loan offers from several banks in one place

8.7/10See alternatives

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