The company says that the next two stores will be opened in Delhi and Noida over the next few weeks
In an effort to ease access to credit for varied segments, Paisabazaar, a credit marketplace and free credit score platform, has notified the opening of its first retail store in Gurugram. The company plans to open 100 stores across key markets of Mumbai, Delhi/NCR, Bengaluru, Chennai, Hyderabad and other major metros across India.
The next two stores will be opened in Delhi and Noida over the next few weeks. These retail stores would offer consumers a personalised experience to help them access the right products and best offers, across business loans, personal loans, home loans and credit cards, along with expert advice to help strengthen credit profiles.
“The retail store is a new business model for us, one that combines the comfort of a physical interaction and a technology-led seamless experience. This is also a natural extension of our vision of making credit accessible to all Indians in the most transparent way. Our physical presence will help us both scale our business and deepen consumer trust,” highlighted Santosh Agarwal, Chief Executive Officer (CEO), Paisabazaar.
The opening of retail stores is in line with Paisabazaar’s commitment to bridge the digital-physical divide, which would help all segments, including the underserved like small business owners and first-time borrowers, to access financial products with ease and confidence, the company said in an official statement. It also strengthens the brand’s hybrid distribution model, enabling it to serve customers who prefer a more personalised and offline engagement while continuing to scale digitally across India.
