Help centre
Frequently Asked Questions
What does Loan Credit Bazaar do?
We provide loan-related information and assistance with enquiries and application preparation. We are not the lender. Actual product availability depends on the relevant lender and any current authorised arrangement.
Is Loan Credit Bazaar a bank?
No. Loan Credit Bazaar is a loan facilitation platform, not a bank or NBFC.
Do you charge customers a commission?
We do not charge a separate customer brokerage or facilitation commission for our standard assistance service. The lender may impose its own disclosed loan and statutory charges.
Does filling out a form guarantee loan approval?
No. Every application remains subject to the lending institution's independent assessment and policies.
Can I apply for more than one type of loan?
You may enquire about different products. Your circumstances and the lender's eligibility criteria determine which product, if any, is appropriate.
What is APR?
Annual Percentage Rate represents the annualised cost measure for a loan calculated according to the applicable method, generally considering interest and specified fees. It can help borrowers compare costs more meaningfully than the nominal rate alone.
What is EMI?
An Equated Monthly Instalment is a regular repayment amount calculated using the principal, interest rate and tenure for an applicable repayment structure.
Why can loan eligibility vary between lenders?
Lenders apply different risk policies, income requirements, product rules, collateral criteria and internal assessments.
What is a home loan balance transfer?
It is the transfer of an eligible outstanding home loan to another lender under approved terms. Compare the overall repayment cost before deciding.
How does a top-up loan work?
A top-up may allow additional borrowing under an eligible existing loan arrangement, subject to the lender's rules and a separate or revised credit assessment.
Does LAP mean I lose ownership of my property?
No. LAP is a secured borrowing arrangement, not an outright sale. However, default can lead to enforcement against collateral under applicable law and contractual terms.
Are all steps completed online?
Enquiries and several coordination steps can be digital. Certain lenders or products may require physical verification, original documents, in-person procedures or registration formalities. We do not promise an entirely online process in every case.
How can I confirm which lender is processing my request?
Ask for the institution's full name and check its official documents and authenticated communication channels before providing sensitive information.
Should I share an OTP or banking password with a representative?
No. Never share OTPs, PINs or online banking passwords with anyone claiming to arrange a loan.
How can I contact the team?
Email loancreditbazaar.support@gmail.com or call Hritik Singh on +91 79064 47051. You may also contact Puneet Paliwal on +91 88825 78057.