2 weeks ago
PaisaOne Launches Pan-India Marketplace Connecting Borrowers with 30+ Lenders
A new company in India called PaisaOne wants to make getting a loan much easier.
PaisaOne is like a big market where many banks and money companies show their loan offers all in one place.
Instead of visiting bank after bank, a person fills in one form and sees many offers side by side.
People can borrow amounts from ₹5,000 up to ₹1 crore.
The service works for people who work for companies and people who work for themselves, like shopkeepers and doctors.
PaisaOne also gives people a free look at their credit score and a credit report.
The company says many Indians have bank accounts, but very few can get loans compared to the rest of the world.
Most lending has been built for salaried workers and big cities, leaving many people without loans.
So PaisaOne hopes to connect more people across India, even in small towns, with banks and lenders.
The final loan decision is still made by the partner bank or lender, not by PaisaOne itself.
PaisaOne, a financial products marketplace headquartered in Hyderabad, announced its Pan-India expansion connecting borrowers to 30+ banks, NBFCs and fintechs through a single application.
The platform offers personal loans ranging from ₹5,000 to ₹1 crore, along with business loans, credit cards, insurance and mutual funds.
It serves both salaried and self-employed Indians and provides free credit score checks and detailed credit reports.
PaisaOne cites Deloitte data showing only 15% of Indian adults access formal credit, below the 24% global average, and notes only 14% of MSMEs access formal credit.
As a marketplace rather than a lender, PaisaOne leaves loan approval, pricing and terms to the respective partner lender.
- Who
- PaisaOne, a Hyderabad-headquartered financial products marketplace, along with its 30+ partner banks, NBFCs and fintechs including HDFC Bank, IndusInd Bank, IDFC First, Bajaj Finserv, L&T Finance and ZapCash.
- What
- Announced its Pan-India expansion as a marketplace through which customers across India can compare and obtain personal loans, business loans, credit cards, insurance and mutual funds with a single application.
- Where
- Hyderabad, India, with services offered across India, including non-metro and tier-3 towns.
- When
- Announced on 13-14 August 2026, though one source lists the launch/HQ entry as July 2026.
- Why
- To address India's low formal credit access (15% of adults versus a 24% global average) and to serve self-employed and non-metro borrowers that traditional lending has underserved.
Key facts
- Headquarters
- Hyderabad, India
- Loan range
- ₹5,000 to ₹1 crore
- Partner network
- 30+ banks, NBFCs and fintechs
- Notable partners
- HDFC Bank, Axis, IndusInd Bank, IDFC First Bank, Bajaj Finserv, L&T Finance, Aditya Birla Capital, Muthoot Finance, ZapCash and others
- Target customers
- Salaried and self-employed Indians, PAN India
- Products offered
- Personal loans, business loans, credit cards, insurance, mutual funds
- Additional services
- Free credit score checks and detailed credit reports
- Context stats
- 15% of Indian adults access formal credit vs 24% global average; 14% of MSMEs access formal credit
Sources
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