Digital Lending Partnership with Paisabazaar

Details of DBIL, digital lending partnership with Paisabazaar

We are offering Personal Loans through our partner Paisabazaar.

This is a digital lending partnership for DBIL Bank’s Personal Loan on Paisabazaar platform.

About the Product:

Customers can be offered with Personal Loan up to Rs.5,00,000. The loan amount depends on the eligibility of the customer.

The interest rate is a reducing balance interest rate, and the Personal Loan tenure depends on the eligibility. It could be anything between 12 months to 48 months basis the eligibility.

A one-time processing fee will be charged along with applicable taxes while availing the Personal Loan. Customer to pay monthly EMI during the repayment tenor to repay the Personal Loan. The rate of interest and processing fee will depend on the eligibility. It will be displayed during the application journey.

The Personal Loan application process takes a few minutes to complete. Post completion of digital application process, the Personal Loan amount will be transferred to your opted savings account after your account verification.

Check your eligibility within seconds:

With our simple eligibility criteria, anyone can apply for Personal Loans. You should be:

• An Indian Citizen.
• Between 21 and 60 years of age.
• A salaried professional or a self-employed individual.
• Earning at least ₹25,000 per month.

For more details on the prevailing Terms & Conditions you can refer to:

https://www.dbs.com/digibank/in/loans/personal/personal-loan/terms-and-conditions.page

https://www.paisabazaar.com/terms-of-use

Loan cancellation Charges/ Cooling Off Period:

Loan cancellation can be done during the free look period of 3 days within the disbursal of the loan. Post which cancellation is not allowed

There are no cancellation charges.

However, processing Fee + applicable taxes collected earlier will not be refunded.

In case you have complaint or feedback:

1. Call Customer Service Helpline on Contact our 24-hour customer service helpline number 1860 210 3456/ 1860 267 1234 or our overseas customer service number 91-44-66854555.
2. You can also send an email at [email protected].

 In case the complaint is not resolved within the given time or if you are not satisfied with the solution provided by DBS Bank India Ltd or Paisabazaar Marketing and Consulting Pvt Ltd, you can approach the Complaints Redressal Officer.

The name and contact of the Complaint Redressal Officer are as follows:

Anita Dixit
Principal Nodal Officer
DBS Bank India Limited,
Express Towers
Nariman Point
Mumbai – 400 021.
Tel – +91 22 6614 7578

Email ID: [email protected]

For more details refer to:

https://www.dbs.com/in/treasures/common/redressal-of-complaints-and-grievances.page

https://www.paisabazaar.com/grievance-redressal

Privacy Policy:

In case you wish to refer the Privacy policy details of the Bank, or the Lending Service provider please refer below for more details:

https://www.dbs.com/digibank/in/privacy-policy.page

https://www.paisabazaar.com/privacy-policy

Authorized Recovery Agencies:

View here

Sachet Portal:

Reserve Bank of India (RBI) has launched a website (sachet.rbi.org.in) to curb illegal and unauthorized pooling of funds by unscrupulous firms.

For more details refer to:

https://sachet.rbi.org.in/