Karjabazaar is a digital platform where users can view different retail loansavailable from licensed financial institutions (home, auto, loan against property,credit cards, etc.), compare various features like interest rate, terms etc., checktheir eligibility according to the banks' criteria and even begin processing theirpersonal loan or credit card application straight from the website. Karjabazaarhas been released online following detailed consultation and process flowadjustments with Nepal's leading commercial banks.Three commercial banks (Standard Chartered Bank, NMB Bank, and LaxmiBank) and a regional development bank (Sindhu Bikas Bank) have signed upwith Karjabazaar. More banks and financial institutions are expected to join inas Karjabazaar serves as a cost-effective and innovative channel to acquirecustomers.To fill the information gap in the retail lending space, Karjabazaar has alsodeveloped its own proprietary credit scoring algorithm for individual borrowersto help lenders assess the creditworthiness of the borrower.