BankBazaar Turns 15: Celebrating a Decade and a Half of Innovation and Variety

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It’s time to placed on your social gathering hats and be a part of the celebration as BankBazaar turns 15! Over the previous decade and a half, we’ve been on an exciting journey, redefining the best way Indians entry credit score.

Let’s take a pleasant journey down reminiscence lane and relive a few of the most outstanding moments that formed BankBazaar’s unbelievable 15-year journey.

Blast from the Previous: The Delivery of BankBazaar

Again in 2008, the fintech revolution in India was really revolutionised with the founding of BankBazaar by Adhil Shetty, Arjun Shetty, and Rati Shetty within the vibrant metropolis of Chennai. Armed with a imaginative and prescient to democratise private finance, the trio laid the inspiration for a monetary market that might empower hundreds of thousands of Indians.

Enjoyable Truth: Do you know that earlier than changing into BankBazaar, we truly glided by the title “Mortgage Dukaan”? Nevertheless, we found that ‘Dukaan’ was a tongue-twister for a lot of (Oh, the wrestle!). So, we had a present of fingers, and voilà! We settled on the a lot easier-to-spell and catchier title, BankBazaar. And as they are saying, the remainder is historical past!

$60 Million Jackpot: Funding Frenzy in 2015

Quick ahead to 2015, and BankBazaar struck gold with a whopping $60 million in Collection C funding. Main the cost was none apart from the tech large Amazon, together with assist from Constancy Development Companions, Sequoia Capital, Walden Worldwide, and Mousse Companions. This mammoth funding injection catapulted BankBazaar into the large leagues, fuelling our ambition to rework the monetary panorama.

KYC Made Straightforward: Paperless Surprise in 2016

BankBazaar continued to make waves in 2016 after we unveiled our paperless e-KYC platform. Bid farewell to stacks of paperwork and prolonged verification processes! With this innovation, prospects might full the Know Your Buyer (KYC) course of on-line, swiftly and effortlessly.

2017’s Sport-Changer: Credit score Rating Platform

In 2017, BankBazaar opened the gateway to monetary freedom with the launch of a digital Credit score Rating platform. Clients might entry their Credit score Rating free of charge, arming them with invaluable insights to make sound monetary choices and seize alternatives.

New Launch Celebration with Co-Branded Credit score Playing cards

2021 was a yr of celebration as BankBazaar joined fingers with YES BANK and RBL Financial institution to introduce co-branded Credit score Playing cards. This partnership enriched the product lineup and enabled prospects to decide on personalised credit score options tailor-made to their wants and preferences.

TurboLoan: The Lightning-Quick Mortgage Journey

Alongside the co-branded Credit score Playing cards, BankBazaar unveiled TurboLoan, powered by Chola Finance. It was a game-changer for Private Mortgage candidates, providing lightning-fast approvals, making goals a actuality within the blink of an eye fixed.

Championing Variety: BankBazaar’s Empowering Workforce

BankBazaar takes immense pleasure in selling variety and inclusion, mirrored in its workforce. As per the newest HR knowledge, a powerful 55% of the workers had been ladies, setting a commendable milestone within the fintech trade. BankBazaar continues to cleared the path in fostering a supportive work setting for all.

The BankBazaar Dream Staff: Meet the ‘Movers’

Behind each success story stands a dream workforce – the Movers who introduced innovation, creativity, and plenty of enjoyable to BankBazaar’s DNA. Their ardour and dedication have been the driving pressure behind the corporate’s achievements.

Buyer Testimonials: Heartwarming Tales

On the coronary heart of BankBazaar’s journey are its prospects. Listed below are some heartwarming testimonials from actual individuals who achieved their monetary targets, because of BankBazaar’s steerage and assist. Their tales of triumph will certainly resonate with you.

1. “We’re all the time on the go together with one factor after one other to do. So, after we’re given a break with straightforward instruments, apps, and so forth to make issues simpler, it makes all of the distinction! I simply needed to share my expertise checking my Credit score Rating on BankBazaar (been utilizing the web site for 4 months now)! As somebody who has been actively engaged on bettering my Credit score Rating, I used to be searching for a dependable and user-friendly software to observe my progress. From the second I signed up, I used to be impressed with the seamless course of. The web site’s interface is clear, intuitive, and extremely straightforward to navigate. It took me no time to get began and join my credit score accounts securely.

What really units BankBazaar’s web site aside is the great and real-time Credit score Rating monitoring function. Each time I logged in, I might see my up to date rating, serving to me get a right away image of my monetary well being. Upon exploring the web site additional, I felt like Alice in monetary wonderland 😀 (you’ll know whenever you do the identical!). I do know I’ll be returning very often – extremely proud of the entire expertise!”

– Ruth. S, Bengaluru

2. “With BankBazaar, discovering the correct Credit score Card was too straightforward for me. To start with, so many choices to select from! As a first-time applicant, I used to be afraid that I’d decide the unsuitable card with hidden charges and excessive rates of interest. However with BankBazaar’s Credit score Card comparability software, I might view all of the playing cards facet by facet and perceive their options and advantages clearly. Plus, the professional critiques and buyer suggestions made it a lot simpler.

Now, I’m glad that I picked the Credit score Card that enhances my spending habits. Nice rewards and perks that swimsuit my life-style, and no hidden surprises. I acquired the best Credit score Card that I used to be searching for, and BankBazaar was an enormous assist!”

– Amith. Kumar, Kerala

3. “A couple of months in the past, I confronted a private emergency that required speedy funds, and I used to be pressured about handle it with out burdening my household or depleting my financial savings. Making use of for a Private Mortgage appeared daunting, however BankBazaar’s user-friendly platform modified that totally. Their easy-to-navigate web site helped me discover essentially the most appropriate mortgage choices in just some clicks. The method was simple, and I acquired a number of mortgage gives from reputed lenders.

Because of BankBazaar’s help, I secured a Private Mortgage with beneficial phrases and aggressive rates of interest. I might deal with the emergency with out compromising my monetary stability. I’m deeply grateful to BankBazaar for being there once I wanted them essentially the most. They turned a traumatic scenario right into a manageable one, and I extremely advocate their providers to anybody in want of economic assist!”

– Sindhu. Ok, Chennai

The BankBazaar Enjoyable Quotient: A Peek Behind the Scenes

Peek behind the curtains and uncover the enjoyable facet to BankBazaar! From quirky workplace traditions to team-building escapades, the enjoyable quotient at BankBazaar is a vital ingredient in our recipe for fulfillment.

Nostalgia Overload: BankBazaar’s Memorable Advert Campaigns

Make a journey down reminiscence lane with our unforgettable advert campaigns. From heartwarming tales to quirky humour, these commercials have left a long-lasting impression on the minds of consumers.

The New Indian Marriage ceremony – #PlayYourPart

#ThankYouDad by BankBazaar.com | #MyDadMyFirstTeacher

#MakeItHappen – Alicia Souza, Illustrator Entrepreneur

#WhyGoSlow – Gradual Is Irritating. Swap To BankBazaar

Promising Future Forward: BankBazaar Rockets to New Heights

BankBazaar posted a 51% YOY improve in income in Q1-FY24, pushed by our portfolio of co-branded Credit score Playing cards and Private Loans, closing FY23 with audited income of ₹159 crore (66% income progress from FY22).

Further Studying: Press Launch: BankBazaar Posts 51% Improve in YOY Income in Q1 FY24

Right here’s to many extra years of innovation, variety, and monetary freedom! Let’s preserve the celebration going as we form the world of non-public finance, one thrilling step at a time!

Cheers! 🎉

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All info together with information articles and blogs revealed on this web site are strictly for common info objective solely. BankBazaar doesn’t present any guarantee in regards to the authenticity and accuracy of such info. BankBazaar is not going to be held accountable for any loss and/or injury that arises or is incurred by use of such info. Charges and gives as could also be relevant on the time of making use of for a product might fluctuate from that talked about above. Please go to www.bankbazaar.com for the newest charges/gives.

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