Disclaimer : Our Objective is to connect Borrower to Lender to solve Financial issues.
Payment Bazaar Loan App is an Instant personal loan app for Student & Salaried upto Rs. 45,000
Use the Payment Bazaar Loan App to get Instant Personal Loans starting from ₹5,000 up to ₹5,00,000 in just a few minutes! Payment Bazaar is the best loan app for students and salaried professionals. It is trusted by more than 1.5 crore Indians. Our process is completely online and it's the most secure Instant Loan App.
Why Payment Bazaar ?
✔ Doesn't matter whether you are a salaried professional, Businessman or Student, you can get instant cash loans or student loans with minimal documentation
✔ This Online Loan App gives Instant loans upto Rs. 5,00,000 in just 10 mins.
✔ We have a best in class customer experience team to help you with any kind of support required, which makes us one of the best instant loan app.
So, just download Payment Bazaar App and get Personal Loan approved, with the amount getting credited in your bank account instantly.
Payment Bazaar is the best student loan app and salaried loan app. Get an instant loan for college students and an instant loan for salaried employees. Avail personal loan instantly ranging from Rs 5,000 to Rs 5,00,000. Just open this online instant loan app and consider this as a borrowing option whenever you are short of pocket money or you want to avail an urgent cash loan in case of an emergency or even to settle your travel plans and much more. Get everything settled with the best instant loan app.
⭐️Key Features
✔ Instant Personal Loan of upto Rs 5,00,000
✔ Cash Transfer to Bank Account, cash loan in 2 minutes
✔ Flexible Repayment Options
✔ Rewarded for Timely Repayments
✔ Processing & Loan Management fees range between Rs 50 to Rs 200 + 18% GST depending on the loan amount with maximum APR of 142%.
Interest rates range between 0% to 4% per month. Maximum tenure upto 24 months.
For example, for a student or salaried personal loan of –
Loan amount - Rs 2000
Tenure – 3 Months
Interest Rate – 24% Per annum
Processing & Loan Management Fee - Rs 200
GST on Processing Fee - Rs 36
Total Interest - Rs 120
APR – 71%
Total Loan Repayment Amount is Rs 2356 inclusive of interest and all the other fees.
Loans are given out by Bank/s or Our Registered NBFC Partner/s. We are legally compliant and well regulated.
Any student or salaried person, pan-India is eligible for an Instant Loan through our app. To avail a quick personal loan, your age must be above 18 years and should have student ID proof. As a quick cash personal loan app for salaried people, Payment Bazaar offers loans to people receiving salary in a bank account. Payment Bazaar offers a reliable & safe payment system, without compromising their information.
📑 Documents Required
Payment Bazaar has a very smooth and fast verification process and is considered to be one of the best online loan app in India (पर्सनल लोन एप्स). To avail Instant Personal Loan, submit documents-
✔ College ID card for Students
✔ Last 3 months Bank Statement, Salary Slip/Joining Letter for Salaried Professionals
✔ PAN Card
✔ KYC Details
Payment Bazaar does not directly participate in lending activities or any kind of direct financial activities, but only provides a platform to facilitate registered non-bank financial companies (NBFC) or banks to lend users, and is not involved in the administration or the recovery of the loans granted to end users.
IIFL Finance Ltd. is registered under an officially approved license by RBI, the non-banking financial company provides loans for Payment Bazaar users to easily apply for the service online.
Our Policy
The purpose of this Privacy Policy ("Policy") is to let users know about the personal information collected and to protect their information given to Payment Bazaar through the Payment Bazaar ("Mobile App").
Payment Bazaar aims to follow the Information Technology Act, 2000 and Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 ("Rules").
This Policy applies to all information collected by Payment Bazaar about a user.
1. User Agreement and Consent
By using the Platform, users agree to let Payment Bazaar collect, use, and protect their personal information in line with this Policy. Users can choose not to provide their data, but this might limit their access to the Services.
2. Why Information is Collected
The main reason for collecting and using user information is to make the Services better and tailored to their needs. Payment Bazaar collects only necessary basic personal information for providing the Services.
3. What Information is Collected and How It's Used
Payment Bazaar collects different types of data:
- Directly from Users: This includes personal data users provide like name, email, contact details, employment info, and financial history.
- Through Platform and Device Usage: This is data collected while using the Platform, like SMS data, device info, and usage patterns.
- From Third Parties: This includes data received from third parties for advertising, analytics, and public sources.
4. How Personal Data is Used
Payment Bazaar uses the collected data to:
- Register users and verify their identity
- Improve user experience and provide services
- Manage relationships and notify about changes
- Offer loans and financial services
- Prevent fraud
- Send surveys and offers
- Provide technical support
- Understand user preferences and improve services
5. Sharing Personal Data
Payment Bazaar shares data with third parties to provide services, comply with laws, prevent fraud, and improve services. Users' consent is obtained before sharing data.
6. Cookies
Payment Bazaar uses cookies on the Website to track usage and improve content. Users can control cookies settings in their browsers.
7. Web Beacons
Web beacons are used to understand how the Website is used and improve customer communications.
8. Data Protection and Security
Payment Bazaar follows security measures to protect user data as per applicable laws.
9. User Rights
Users can withdraw consent or request data deletion, but certain data might be retained for legal reasons.
10. Updating User Information
Users should keep their information updated and correct.
11. Data Transfer
User data is stored in India and not transferred to other countries.
12. Third-Party Links
The Platform might have links to other websites. Users should review the privacy policies of those sites.
13. Changes to Privacy Policy
Users will be informed of any changes to the Policy.
14. Grievance Redressal
A designated Grievance Officer is available for any issues or complaints regarding user information.
For more details or questions, users can contact the Grievance Officer during office hours.
