Paisabazaar review

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

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Our verdict

Paisabazaar is a marketplace that puts you in front of many Indian lenders at once, which suits borrowers who want to compare personal, debt consolidation and business loans in one place. Its rates start at 9.99% to 30%, and a soft prequalification check keeps the first step light on your credit file.

Key facts

Best for
Comparing offers from several Indian lenders on one marketplace rather than applying to each one alone.
APR
9.99% to 30% (Source, checked September 26, 2026)
Loan amount
₹10,000 to ₹5,000,000 (Source, checked September 26, 2026)
Term
1 to 84 months (Source, checked September 26, 2026)
Arrangement fee
0.5% to 4% of loan amount (processing fee) (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Money in your account within 24 hours (Source, checked September 26, 2026)
Representative example
Rs. 4 lakh at 12% p.a. for 3 years with a 1.5% processing fee (Rs. 6,000) gives an APR of approximately 13.05% (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
Age 21 to 65 years; minimum monthly salary Rs. 15,000 for salaried applicants; minimum annual income Rs. 5 lakh p.a. for self-employed applicants (Source, checked September 26, 2026)
Origination fee (%)
0.5% to 4% (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation, Business, Credit-line (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Paisabazaar Marketing and Consulting Private Limited (Source, checked September 26, 2026)
Headquarters
India (Source, checked September 26, 2026)
Founded
2014 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
paisabazaar.com

Apps and profiles

Get the app
Google Play

Pros and cons

Pros

  • Rates run 9.99% to 30% with a fixed rate model, so the cost is set at the start
  • Amounts span INR 10,000 to INR 5,000,000 and terms run 1 to 84, covering both small top ups and larger sums
  • A soft prequalification check means a first look does not need a hard credit search
  • Money lands in your account within Money in your account within 24 hours

Cons

  • Free early repayment is not offered, so settling a loan early carries a cost
  • A processing fee of 0.5% to 4% of loan amount (processing fee) sits on top of the interest rate
  • It is a marketplace rather than a lender, so the final terms depend on which partner you pick

Ready to try Paisabazaar?

Scored 8.5 / 10 by BorrowCue.

See alternatives

Who it suits

  • Borrowers in India who want one application covering many lenders instead of searching separately
  • Salaried and self-employed applicants who meet the stated income rules
  • People who want a soft prequalification check before committing to a full application

Who should look elsewhere

  • If you want to repay early without a fee, Monzo Flex is the better fit
  • Anyone needing a direct lender relationship rather than a comparison marketplace, where Cashspace is closer

Who runs it

Paisabazaar is run by Paisabazaar Marketing and Consulting Private Limited, which is based in India and was founded in 2014. It works as a marketplace, so it puts offers from partner lenders side by side and you apply to the one that fits. Help is available on email, phone and help centre, which covers email, phone and a help centre for questions before and after you apply.

How Paisabazaar compares

Where Paisabazaar is available

Available
India

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

Frequently asked questions

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

Rates run 9.99% to 30% and sit on a fixed rate basis, so the interest is set when the loan starts rather than moving later. The representative example shown takes a mid range amount over a fixed period with a processing fee and works out to an annual percentage rate a little above the headline rate. Compare the pair, not the rate alone.

Is there a fee for arranging the loan?+

Yes. A processing fee of 0.5% to 4% of loan amount (processing fee) is charged on the loan amount, so the true cost sits above the advertised rate. The representative example applies a fee of that shape to a mid range amount and reports an annual percentage rate a little higher than the base rate. Ask for the fee in writing before you sign.

How much can I borrow and for how long?+

Loan amounts run INR 10,000 to INR 5,000,000 and terms run 1 to 84, so the range covers small sums for a quick cost and larger amounts over a longer repayment. Home improvement sits among the stated uses, alongside personal, debt consolidation, business and credit line borrowing. Longer terms mean lower monthly payments but more interest overall.

How quickly will the money arrive?+

The stated funding time is Money in your account within 24 hours, with same day funding listed among the features. In practice the clock starts once the lender approves, so a soft prequalification followed by document checks can add to that. Have your paperwork ready before you apply to keep the delay short.

What credit check will I go through?+

The check is a soft prequalification, which usually leaves a lighter mark on your credit file than a full hard search. Applicants are expected to have a good credit standing to be accepted. A soft check narrows the options but does not commit you, so it is a sensible first step.

Can I repay the loan early without a charge?+

Free early repayment is not offered, so paying off the loan ahead of schedule can carry a cost. If finishing early matters to you, ask the lender for the penalty figure before you commit. Some lenders treat a part payment differently from a full settlement, and the difference is worth checking.

Who is eligible to apply?+

Applicants must be adults, with a minimum monthly salary for salaried earners and a minimum annual income for the self-employed. Meeting the income floor matters as much as the credit standing, since both are checked. Self-employed applicants can apply with the higher income test instead of a salary slip.

Sources

  • en.wikipedia.org/wiki/Paisabazaar checked September 26, 2026

    Backs: Founded, Headquarters, Legal entity

    “Founded 2014”

  • paisabazaar.com checked September 26, 2026

    Backs: Support channels

    “Our customer care team is available from Mon - Sat 9:30 am - 6:30 pm ... call us on: 1800 - 208 - 8877 (toll-free)”

  • paisabazaar.com/about-us checked September 26, 2026

    Backs: Lender type

    “Paisabazaar.com - India's No. 1 Marketplace for Loans and Credit Cards”

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

    Backs: Loan amount, APR, Credit check, Credit needed, Eligibility, Features, Free early repayment, Loan types, Arrangement fee, Term, Use cases

    “Loan Amount: ₹10,000 - ₹50 Lakh”

  • paisabazaar.com/personal-loan/interest-rates checked September 26, 2026

    Backs: Funding time, Pricing model, Origination fee (%), Rate type, Representative example

    “Instant Disbursal: Money in your account within 24 hrs”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Paisabazaar

Comparing offers from several Indian lenders on one marketplace rather than applying to each one alone.

8.5/10See alternatives

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