What is Partner Spot Payment?
It is a programme for faster payout processing on eligible partner cases. Successful disbursement, bank or NBFC confirmation and applicable verification must be completed before eligible same-day payout processing applies.
When is the payout processed?
The eligible payout is processed the same day after successful confirmation and completion of applicable verification. Programme eligibility, partner terms and case confirmation still apply; this is not an unconditional promise of receipt at a particular time.
Is payout processed before disbursement?
No. Successful loan disbursement is a prerequisite. Sharing a lead, submitting an application or receiving a preliminary approval does not by itself qualify the case for payout processing.
Why is bank confirmation required?
Confirmation from the concerned bank or NBFC is needed to establish the successful disbursement for the programme process. The case and partner details then undergo the applicable verification before an eligible payout is processed.
Does every referred case qualify?
No. The loan must be successfully disbursed and meet the programme requirements. Eligibility may differ by product, lender and applicable terms, so confirm the conditions for the particular case with the Partner Desk.
Who can become a LoanBazzaar partner?
DSA and connector partners can enquire about working with LoanBazzaar. The team can explain the applicable relationship and programme terms. An enquiry does not automatically establish partner acceptance or payout eligibility.
Which loan categories are supported?
Current categories include Personal Loan, Home Loan, Business Loan, Loan Against Property and Cash Credit Limit. Availability and payout eligibility may vary; confirm the relevant programme terms rather than assuming uniform coverage.
How do I register as a partner?
Use Become a LoanBazzaar Partner to open the existing partner enquiry page, or contact the Partner Desk on WhatsApp. Discuss your interest and ask the team about the next steps and applicable terms.