~50+ exclusive offers from across products and financial institutions at the annual BankBazaar #DiwaliBonusWali campaign~
National, 11thOctober 2017/Team Estrade//– BankBazaar.com, India’s leading multi-brand marketplace for financial products, is all set to more than double the number of visitors coming to its site during its annual Diwali campaign—#DiwaliBonusWali. In association with India’s 20 leading financial institutions, this year the program will offer more than 50 deals on home loans, personal loans, car loans and credit cards—many of which are exclusive to BankBazaar.
BankBazaar Chief Business Development Office Navin Chandani said that the online marketplace is aggressively pursuing its target of 20M visitors this Diwali. Chandani explains, “BankBazaar has seen phenomenal growth and this time we are raising the bar even higher. We have seen 16M visitors in September and are on track to welcoming 20M visitors this October. This is just the first milestone. Right now we are averaging at 44M visitors per quarter. This #DiwaliBonusWali Campaign will give us the boost to take us to 100M visitors per quarter by 2018. ”The festival period accounts for some of the highest transaction levels in financial products in India. Historically, in the Dussera-Diwali season, BankBazaar has seen as much as 20% increase in volumes of both visitors and transactions. This is not just higher number of applications but a correspondingly higher number of approvals as well. This year, BankBazaar is expecting to break all its past records and is on track to welcome 20M visitors during the #DiwaliBonusWali campaign. This is a more than 100% jump in the number of visitors coming to the site, up from 9M visitors at the same time last year. The company is looking at an 80% year-on-year increase in transaction compared with last year. The company expects its paperless credit products including personal loans and credit cards to predominantly drive the campaign. A strong interest in insurance and Mutual Fund products is also expected to contribute to this growth.
The campaign aims to connect genuine customers with the intent to buy with the financial institutions to help them access the right financial product for their needs. The company has managed to provide 50+ offers form 20+ partners—several of which are exclusive to BankBazaar.com—making it a win-win for customers and partners. Apart from the exclusive deals on the platform, this year’s #DiwaliBonusWali flash program also offers Amazon gift vouchers on every successful approval of credit cards and disbursement of loan products, applied for through BankBazaar.com’s website.
BankBazaar.com hosts the widest range of financial products from over 50+ of the biggest public and private sector banks, NBFCs, and mutual funds players in India. It gets an average of 16 million visitors per month. The company raised USD 80M through funding from investors such as Amazon.com, Fidelity Growth Partners, Mousse Partners, Sequoia Capital and Walden International.
About BankBazaar
BankBazaar, ranked as the best financial website in India by the Internet And Mobile Association of India (IAMAI) and the best emerging brand in Asia by CMO Asia, is India’s first neutral online marketplace that gives you instant customized rate quotes on loans, credit cards or any other personal finance products. It simplifies the loan application process. Anyone can instantly search for tailor-made offers, compare, customize it as per his or her need or profile and apply for their finance products. It is designed with smart technology capabilities and over 75+ of India’s leading financial institutions and insurance firms have chosen to integrate themselves with the platform. For the online consumer today, banking is as easy as shopping for anything online. What’s more, BankBazaar’s services are completely free!
BankBazaar services are available through the web-portal, made-for-mobile web service, or the BankBazaar app available on the Android play store and iOS app store. It helps consumers compare best offers across various banks and NBFCs. Apart from these, it gives the consumer the latest news/trends and insights into managing finances better. The consumers can track their application and troubleshoot issues in the process through a host of channels like the BankBazaar app, WhatsApp, Email, Voice-support etc.
BankBazaar.com to see 20M visitors in Diwali
