Chennai-based BankBazaar has secured an undisclosed amount from Muthoot FinCorp as part of its ongoing Series D2 round.

The product is set to facilitate same-day disbursal of gold loans, supported by compliance, security, and high loan-to-value (LTV) ratios.

The subscription window is open from April 29 to May 13, 2025. The NCDs are issued at a face value of ₹1,000 each and offer annual yields between 9.00% and 10.00%.

BankBazaar is also making an entry into the secured gold loan market in partnership with the gold loan focused NBFC ...

Alongside the investment, Muthoot Fincorp has also partnered with BankBazaar in the gold loan business, allowing the online loan sourcing platform to enter secured lending. “Customers will enquire ...

BankBazaar partners with Muthoot FinCorp to enter the gold loan market, with the latter investing Rs 15 crore for a 1% stake ...

HyderabadL: Muthoot FinCorp Ltd (MFL), the flagship company of the 138-year-old Muthoot Pappachan Group (Muthoot Blue), has ...

During the D2 round of fundraising, BankBazaar.com successfully raised Rs 55 crore, resulting in a company valuation of Rs 1,700 crore. Of this amount, Muthoot FinCorp's investment of Rs 15 crore ...

Fintech platform BankBazaar partners with Muthoot FinCorp to launch a digital-first gold loan product, diversifying its ...

As part of the partnership, Muthoot FinCorp has invested in BankBazaar's ongoing Series D2 round as an equity investor.

Muthoot FinCorp will handle KYC, valuation, disbursal, and storage—ensuring same-day loan disbursal through a “phygital” experience. “Leveraging BankBazaar’s customer ba ...