India’s leading credit marketplace expands its secured lending portfolio, offering consumers enhanced credit access through their vehicles
Gurgaon, 16 June 2025: Paisabazaar, India’s largest marketplace for consumer credit and free credit scores, has announced the launch of its latest offering — Loan Against Car. This strategic addition strengthens Paisabazaar’s secured lending suite, aiming to provide broader access to credit for diverse consumer segments across the country.The new product allows borrowers to secure loans up to 200% of their car’s value with tenures of up to 5 years, supported by easy and seamless digital processes. To deliver tailored solutions, Paisabazaar has tied up with top lenders including HDFC Bank, Tata Capital, and other financial partners.> Santosh Agarwal, CEO, Paisabazaar, shared,“As a marketplace, we are committed to offering consumers varied product choices and access to a wide lender network. The launch of Loan Against Car is a significant step towards scaling our secured lending portfolio, alongside categories like Home Loans and Loan Against Property. Our goal is to address consumer pain points, foster credit inclusion, and build a more robust credit ecosystem.”With this launch, Paisabazaar further reinforces its position as a trusted financial partner for over 50 million consumers, empowering those with limited access to traditional credit channels.