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FAQs

Frequently Asked Questions


Eligibility criteria for loans on Loanzbazar are based on the borrower’s credit score, their job status and the loan amount.

The eligibility criteria for loans on Loanzbazar are based on the following factors:

  • The borrower’s credit score
  • The borrower’s job status
  • The loan amount
  • When you apply for a loan, Loanzbazar will want to know your credit history. If you have no credit history, then we may not approve your loan application.

    However, there are some loan provider who don't require credit checks and they may approve your loan application. You can find these provider on the internet or by asking family or friends.

    A personal loan is a great option for those who are looking for a short-term solution to their financial needs. Personal loans also have lower interest rates as compared to credit cards that charge high interest rates.

    Personal loans from Loanzbazar offer benefits like:

  • Low Interest Rates
  • Flexible Repayment Terms
  • Easy Approval Process
  • Loanzbazar is a loan comparison website that helps people find the best loans and offers in the market. It provides an easy way to compare loans, credit cards, home loans and more.

    We have a plethora of offers for you to choose from with Loanzbazar. Whether you need a personal loan or want to compare car loans, we will help you find the best deal.

    Loanzbazar offers different repayment periods for personal loans. The repayment period for a personal loan ranges from 12 to 48 months.

    The repayment period of a personal loan is the time duration in which the borrower has to repay the loan. Loanzbazar offers loans with different repayment periods of 12, 24, 36, 48 months.

    You have to pay back your loan in monthly instalments over the course of your chosen repayment period. For instance, if you borrow Rs 10 lakhs and opt for a 12-month repayment period, you will have to repay Rs 10 lakhs in 24 monthly instalments at an interest rate of 18%.

    Loanzbazar offers loans for people with bad credit. They have a wide range of loans for everyone, which is why they are the best choice for those who need a loan with bad credit.

    Loanzbazar offers an easy and quick application process to get approved in just 3 minutes. They also offer loans up to Rs. 1,000,000 without any collateral.

    They offer personal loans at affordable rates to make sure that you can afford your monthly payments.

    They are also one of the few lenders that approve borrowers with bankruptcy or foreclosure on their record. This is because they understand how hard it is to get approved by other lenders when you have bad credit history.

    The credit score required for a personal loan is a measure of your creditworthiness. It is typically calculated by looking at the information in your credit report, which includes items like your payment history, the amount of debt you owe, and the length of time you’ve been managing credit.

    The higher your score, the more likely it is that you will qualify for a personal loan. Personal loans are typically used to consolidate debts or make large purchases such as houses and cars.

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