Ties up With Yes Bank, Kotak Mahindra Bank and IndusInd Bank for Offering Savings Account Services to Customers Online financial marketplace, Paisabazaar.com has expanded its business portfolio by entering into strategic partnership with Yes Bank, Kotak Mahindra Bank and IndusInd Bank; for offering savings account services to retail customers.
This announcement comes on the heels of Paisabazaar.com venturing into car loans segment in February this year, and is in sync with their plan to become one stop destination for lending and investment products. A Policybazaar.com Group venture, the company currently offers personal loan, home loan, loan against property, car loans, auto loan, gold loan, education loan and investment products including mutual funds, savings accounts, fixed deposits (to go live soon) on its platform.
As per industry estimates, only 40percent of India's population have access to savings account.
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