Money & Banking

Paisabazaar.com, Karnataka Bank in partnership to offer home loan products

Our Bureau Bengaluru | Updated on December 20, 2018 Published on December 20, 2018

Paisabazaar.com, online marketplace for financial products, and Karnataka Bank have announced a strategic partnership to offer the bank’s home loan product to customers on the Paisabazaar platform.

Through this partnership, consumers will now be able to choose and apply for a home loan from Karnataka Bank, directly through the Paisabazaar platform. Paisabazaar.com works with 30 partners for its home loan product, which includes country’s biggest private and public banks and housing finance companies (HFCs).

“With an increasing number of consumers using digital channels to meet their lending needs, Karnataka Bank is excited to partner with Paisabazaar.com, to offer our home loan product to a massive customer base. Together, we aim to offer simple and convenient processes to help our customers meet one of their biggest life goals, that of buying their own home,” said Mahabaleshwara M S, Managing Director & CEO, Karnataka Bank.

"As a market leader, we aim to provide maximum choice to our consumers, across products. This convenience of choice becomes particularly relevant for products with long-term commitment, like home loans, as the right product can help consumers save significantly in the long run," said Naveen Kukreja, CEO & Co-founder, Paisabazaar.com.

"Paisabazaar.com is to bring Karnatka Bank on board. We expect strong traction towards Karnataka Bank’s home loan product on our platform, thanks to their user-friendly processes and attractive product features including interest rates,” said Ratan Chaudhary, Associate Director & Head of Home Loans, Paisabazaar.com.

Published on December 20, 2018
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