PB Fintech, the company that runs PolicyBazaar and PaisaBazaar, has announced a big profit of ₹85 crore for the April–June quarter (Q1). This is almost 5 times higher than last year’s ₹19 crore in the same period.
The strong growth came from rising sales of health insurance policies and an increase in secured personal and home loans through their online platforms.
Key Highlights
- Profit: ₹85 crore (up from ₹19 crore last year)
- Revenue: ₹1,348 crore (33% more than last year)
- Top reasons for growth:
- More people buying health insurance online
- Loans approved quickly through digital systems
- Strong trust in the PolicyBazaar and PaisaBazaar brands
Why Health Insurance Is Growing Fast
Many people are now more careful about their health after COVID. Because of that, more families are buying cashless health plans and top-up covers online.
PolicyBazaar helped many customers choose the right plans, compare prices, and buy insurance directly from home — which made it easy and popular.
PaisaBazaar’s Loan Business Also Did Well
The PaisaBazaar platform helped thousands of people get:
- Home loans
- Personal loans (with security like property or gold)
Thanks to quick approvals and easy online steps, more people preferred using the app instead of visiting banks.
This result shows that Indians are now more comfortable using online platforms for insurance and loans.
It also means:
- Better deals and easy comparisons
- Faster approvals
- More choices from different banks and insurers
“This strong Q1 profit shows that PolicyBazaar and PaisaBazaar are becoming trusted tools for Indian families looking for insurance or a loan.”
Investors are also happy with the company’s growth and expect more gains in the next quarters.
While PolicyBazaar’s Q1 profit surged to ₹85 crore, it’s not just the numbers making headlines. The company is also investing heavily in digital innovation — most recently with the launch of ClaimSetu, India’s first AI-powered group health claims engine. This new platform is expected to strengthen customer trust and streamline claim approvals, reinforcing PolicyBazaar’s leadership in the insurtech space.
Digital platforms like PolicyBazaar and PaisaBazaar are helping people save time, money, and effort. Whether you need health insurance for your family or a home loan to buy your dream house — these online tools are making it easier for everyone.
Stay tuned with eBharat.com to track more updates from India’s growing digital insurance and loan market.
