Latest news with #Paisabazaar
Economic Times
4 days ago
- Business
- Economic Times
I have a voluntary retirement corpus of Rs 1 crore and my annual expenses are Rs 6 lakh. How to generate a sustainable income?
Getty Images Investing Rs 1 crore in fixed deposits, small savings schemes or corporate bonds can fetch yields of 7.5% or more. I'm 52, single and recently took voluntary retirement. I have Rs 1 crore in hand and my annual expenses are Rs 6 lakh. How much should I put in equity, debt, and other avenues to ensure I don't run out of money in retirement? Santosh Agarwal CEO, Paisabazaar: Investing Rs 1 crore in fixed deposits, small savings schemes or corporate bonds can fetch yields of 7.5% or more. However, these are pre-inflation returns and may not cover long-term, post-retirement needs. A sound retirement plan should have two components—fixed-income corpus for regular income and an equity corpus for inflation-beating growth. Allocate Rs 45 lakh to direct plans of ultra-short duration funds for seven years and start a systematic withdrawal plan (SWP) for monthly income. Renew the SWP annually adjusting for inflation. Assuming 6% return and 6% inflation, the corpus should last seven years, with Rs 6.9 lakh as buffer. Maintain an emergency fund covering six months of essential expenses, parked in high-yield FDs from small finance banks. Allocate 10% of corpus to gold funds, which hedge against volatility and inflation. Invest the remaining corpus equally in flexi-cap and large-cap funds via one-year SIPs. Assuming 12% return, this portion could grow to Rs 92 lakh in seven years. Then redeem gradually to replenish your fixed income portfolio for sustained income. Also read | I am 55 years old and have Rs 50 lakh lump sum. How can I invest it to build wealth in 5 years? I am 48 years old and professionally employed. I have a lump sum of Rs 10 lakh. Should I invest it all at once in mutual funds or stagger it through an STP over the next year for better returns and lower risk? Dev Ashish Founder, StableInvestor, and Sebi-registered investment adviser: While it's ideal to invest near market bottoms, current global and market uncertainties make timing difficult. A reasonable correction has taken place, but valuations are not deeply undervalued. Further corrections— whether by price or time—cannot be ruled out. Hence, a balanced approach is advisable. One strategy could be investing 25-35% upfront and staggering the rest over 6-12 months. If markets correct sharply, you can accelerate deployment. While not perfect, this method helps balance risk and opportunity. Unless you're confident about tactical or sector-specific bets, it's better to stick with large-cap index funds, flexi-cap funds, and large- & mid-cap funds. Ask our experts Have a question for the experts? etwealth@ (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
Business Standard
5 days ago
- Automotive
- Business Standard
Paisabazaar Expands Product Suite with Loan Against Car; Ties Up with HDFC Bank, Tata Capital, and Others
NewsVoir Gurgaon (Haryana) [India], June 16: Paisabazaar, India's leading marketplace for consumer credit and free credit score platform, today announced the launch of its new offering - 'Loan against Car'. The new product further expands Paisabazaar's product suite and would help expand access to credit to new consumer segments. Paisabazaar has partnered with multiple partners, including HDFC Bank and Tata Capital, to provide tailored Loan Against Car offers. The launch is in line with Paisabazaar's long-term strategy to go deeper in secured lending, by scaling its key categories Home Loans and Loan Against Property, while building new categories like Loan Against Car. Key features and benefits offered on Loan Against Car on Paisabazaar: * Loan amount of up to 200% of the car's value * Tenure up to 5 years * Easy digital processes Santosh Agarwal, CEO, Paisabazaar, said, "As a marketplace, we remain focused on providing varied consumer segments with diverse product offerings and a wide choice of lenders. Launching new categories like Loan Against Car is a natural step towards scaling and expanding our secured portfolio - a key growth pillar for us over the next few years. As we grow, we would continue to work with our partners and the industry to help address genuine consumer pain-points and build a more inclusive ecosystem." Loan Against Car would offer another avenue of credit to consumers on the Paisabazaar platform, especially those with limited options from more traditional options. Paisabazaar, a part of PB Fintech (listed since 2021), is India's largest marketplace for consumer credit and free credit score. Over the last 11 years, Paisabazaar has earned the trust of over 50 million consumers and it handles 20 lakh+ monthly enquiries from 1000+ cities. Paisabazaar has built 65+ partnerships withBanks, NBFCs, and fintechs to offer a broad range of credit products. Paisabazaar is ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.
Fashion Value Chain
6 days ago
- Automotive
- Fashion Value Chain
Paisabazaar Expands Product Suite with Loan Against Car; Ties Up with HDFC Bank, Tata Capital, and Others
Paisabazaar, India's leading marketplace for consumer credit and free credit score platform, today announced the launch of its new offering – 'Loan against Car'. The new product further expands Paisabazaar's product suite and would help expand access to credit to new consumer segments. Paisabazaar has partnered with multiple partners, including HDFC Bank and Tata Capital, to provide tailored Loan Against Car offers. The launch is in line with Paisabazaar's long-term strategy to go deeper in secured lending, by scaling its key categories Home Loans and Loan Against Property, while building new categories like Loan Against Car. Key features and benefits offered on Loan Against Car on Paisabazaar: Loan amount of up to 200% of the car's value Tenure up to 5 years Easy digital processes Santosh Agarwal, CEO, Paisabazaar, said, 'As a marketplace, we remain focused on providing varied consumer segments with diverse product offerings and a wide choice of lenders. Launching new categories like Loan Against Car is a natural step towards scaling and expanding our secured portfolio – a key growth pillar for us over the next few years. As we grow, we would continue to work with our partners and the industry to help address genuine consumer pain-points and build a more inclusive ecosystem.' Loan Against Car would offer another avenue of credit to consumers on the Paisabazaar platform, especially those with limited options from more traditional options. About Paisabazaar Paisabazaar, a part of PB Fintech (listed since 2021), is India's largest marketplace for consumer credit and free credit score. Over the last 11 years, Paisabazaar has earned the trust of over 50 million consumers and it handles 20 lakh+ monthly enquiries from 1000+ cities. Paisabazaar has built 65+ partnerships withBanks, NBFCs, and fintechs to offer a broad range of credit products. Paisabazaar is ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.
Time of India
19-05-2025
- Business
- Time of India
ICS 2025: An Influencer's value lies in their voice, not visibility
HighlightsAt the India Communication Summit 2025, communications leaders emphasized the shift from viewing influencers as mere endorsers to recognizing them as strategic business partners, highlighting the importance of authentic relationships in influencer marketing. Abhishek Roy from Paisabazaar pointed out that only 2% of influencers have registered under SEBI's guidelines, stressing the need for regulation to enhance accountability in the influencer ecosystem. The panelists, including Aanchal Jain from Mars Petcare India, noted that the future of influencer engagement lies in collaboration and mutual respect, as brands seek to build long-term relationships rather than relying on short-term visibility spikes. At a time when the digital landscape is increasingly shaped by influencers and creators, brands are rethinking their approach, moving beyond transactional endorsements to build meaningful, authentic relationships. At the recent India Communication Summit 2025, in a thought-provoking session titled Breakthrough Engagement: Influencer Narratives Beyond Endorsements , communications leaders from across industries shared how they're reshaping influencer engagement as a strategic lever, not just a marketing tool. The panel featured Abhishek Roy, head of PR, Paisabazaar; Amrit Anand, head of communications, Zupee; Aanchal Jain, director – corporate affairs, Mars Petcare India; Sandipan Ghatak, vice president and head, corporate marketing and communications, Jubilant Pharmova; Aman Kumar, country brand director, BVLGARI India; Radhika Nihalani, co-founder and CEO, Think Ink Communications and was chaired by Varun Markande, From Mouthpieces to Strategic Partners'We think about influencers not just as mouthpieces to drive brand affinity but as strategic business partners,' said Roy. For the financial services brand, influencer engagement is tied to a larger mission, promoting financial health. But he also drew attention to the importance of regulation in the space, citing SEBI's guidelines for influencers. 'Only 2% of influencers have registered themselves since the guidelines were issued. It's a step in the right direction to bring accountability to the ecosystem.' Jain echoed this sentiment, underlining the need to balance reach with trust. 'By 2026, the creator economy in India will be worth ₹3,500 crore (EY), with 80% of purchase decisions influenced by content. Yet, 42% of people don't trust influencers. That's where corporate communications steps in, to co-create content without compromising the influencer's authentic voice.' The Communications Perspective: Trust Over NoiseFor many brands, influencer marketing has long been the domain of the marketing team. But as Anand pointed out, communication leaders bring a different lens. 'Marketing often looks for reach and noise. As a comms professional, I focus on impact and narrative. Trust is the currency. If an influencer doesn't believe in your message, it's just another ad, and nobody buys into that.' This divergence is crucial in understanding why influencers matter beyond their follower count. Nihalani summed it up: 'If creators become mere mouthpieces, they're replaceable. Their value lies in their voice, not just their visibility. A collaborative spirit is essential.' Authenticity is the New InfluenceIn today's hyperconnected world, the definition of an influencer is broad. 'All of us are influencers in some way,' said Ghatak. 'But what matters is credibility. Who do you trust to recommend your next purchase or holiday destination?' He emphasised that influencer engagement should be aligned with long-term reputation building, not short-term visibility spikes. 'If you're not part of a real, ongoing conversation, your presence will feel forced.' For brands like Mars, the power of influencer engagement lies in relevance. 'We work with pet parents who are already part of the community. They're not there to pitch products, they're telling stories that resonate with fellow pet parents,' said Jain. Surprise, Relevance, and Point of ViewLuxury brands like BVLGARI are also exploring new territory. 'People don't want to be marketed to. They want stories, perspectives, and authenticity,' said Kumar. 'We work with creators outside the typical luxury ecosystem to bring in surprise and relevance. It's not about a luxury aesthetic, it's about meaningful content and credibility.' The Future: Collaboration Over ControlAs the creator economy matures, brands and communication leaders are increasingly seeing influencers as long-term collaborators rather than campaign-based endorsers. The success of this new engagement model, according to Nihalani, hinges on mutual respect. 'The more collaborative the relationship, the more enduring the impact. Without that, you're just replacing one influencer with another.' From financial literacy to luxury fashion to pet parenting, the message across industries is clear: authentic, narrative-driven influencer partnerships are no longer optional—they're essential to modern brand building. And it's communication leaders, not just marketers, who are driving this evolution. In a space where noise is easy and trust is rare, the real influencers aren't just the loudest voices, they're the most authentic ones.
Mint
19-05-2025
- Business
- Mint
Youngsters in India start their credit journey in their 20s, shows study
Consumers have started their credit journeys at a significantly younger age with each passing generation, revealed an internal analysis by Paisabazaar. This analysis was based on the data of consumers who have checked their credit score from Paisabazaar over the years, along with a consumer survey. While consumers born in the 1970s typically availed their first credit product in their late 30s or early 40s, those born in the 1990s began their credit journey in their mid-20s - an over 15-year drop in credit adoption age, clearly indicating easing of access and shift in consumer mindset in availing credit. The analysis highlights a generational shift not just in the age, but also in the types of products availed to begin the credit journey. While older generations took secured loans like home or auto loans as their first credit product, those born in the 1990s - entered the credit ecosystem typically via unsecured products like credit cards, personal loans, along with consumer durable loans, often by age 25-28. Home loans, traditionally accessed later in life, are also being availed earlier, with the average age falling from 41 (for 70s-born) to 28 (for 90s-born). Similarly, the average age for business loans has dropped from 42 to 27, reflecting India's growing entrepreneurial spirit and better access to MSME lending products. The findings also show that consumers born after 2000 are continuing this trend, with early signs of even earlier credit adoption - often starting around the age of 22, primarily via small-ticket loans and Buy Now Pay Later (BNPL) products. Radhika Binani, Chief Product Officer, Paisabazaar, said, 'Today's young consumers are more aware, aspirational, and digitally savvy. They are not only accessing credit earlier but also using it more confidently and diversely - whether to meet life goals or lifestyle and aspirational needs. Our analysis also indicates the evolution of the ecosystem, easing access over time. We remain committed to empowering consumers with the right tools and guidance to build healthy credit behaviours from the start." Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
