An Emerging Leader who has Pledged to Change the Face of Services in the Financial Solutions Industry with its Digital Concept


Advertisements may present getting a loan as a piece of cake, but the reality of the entire process often proves that obtaining a loan can be a daunting challenge.

The loan application process can be fraught with pitfalls, including arduous documentation requirements, unresponsive behaviour from banks, excessive phone calls from the backend team, and, in the end, the potential for loan application rejection.

One such experience resulted in the conceptualization of MyFund Bucket. Pawas Goyal, who was then an IT professional, went through a very bad experience when he applied for a commercial loan through a renowned online platform.

This case needed him to create a platform that would make things very smooth for people and would enable them to get loans sanctioned from the comfort of their homes.

Hailing from Mumbai, MyFundBucket is a leading Service Provider of Home loans, personal loans, education loans, and more.

The company serves as a platform that connects people looking for suitable loans/Credit cards/ and offers with Money lending Institutions and promises loans at the best interest rates.

One can apply for every kind of online loan like personal loan, home loan, car loan, and business loan. Here, the loan application process is also very simple.

The applicant just needs to set up an account and upload documents to apply for loans/Credit cards. In addition to that, he can compare and apply with several banks at the same time to get the best interest rates. The company has a very good policy for facilitating people during the documentation process.

The company dispatches associates to provide hands-on assistance to applicants who prefer not to upload their documents but simply want to register. The applicants' documents are securely stored in the MFB repository, offering convenient access from anywhere and at any time for personal use.

The company not only helps the registered applicants choose a better loan but also makes sure that the loan gets sanctioned and the whole process closes smoothly as soon as possible.

It guarantees the safety and security of the documents, which can be further used for credit cards, debit cards, policies, mutual funds, insurance, utility connections, and consulting services.

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Having obtained a strong foothold in the market, MyFundBucket has served nearly twenty-two hundred customers and has succeeded in closing a huge business of two hundred crores through Personal loans, Home loans, Business loans, LAPs, and credit cards.

In a chat with our editorial team, Pawas Goyal, Chief Executive Officer of MyFundBucket, speaks about his strategies for building a successful customer base, "We have come up with a unique fintech concept which has changed the mindset of the people who used to fulfil their financial needs through old fashioned methods of availing a loan or credit card.

We have closed many unsecured loans without any physical involvement of the customers. Our organization is built on the core values of integrity, reliability, and transparency, which enable us to deliver satisfaction to our customers." These lines from the founder of the company make it obvious that MyFundBucket's work speaks. 

Key Differentiators

Several factors pillar the company to stand tall among the rest in the market:

  • Digital services

  • Document E-Locker

  • Document e-sign

  • A team of expert IT Professionals

As every journey faces some hindrances, MyFundBucket also faces a big challenge, striding on its path to success. The biggest challenge is changing the mindset of the people.

As quoted by Mr. Pawas Goyal, "As of now the big challenge is the acceptance of our digital processing of loans and credit cards. People are still using and following the old methods for availing loans and credit cards, viz. applying for credit cards, long process of documentation, physical appearance for bank verification, and more.

However, we not only hope but also are assured that we'll achieve success in our initiative as our goals are aligned with the concept of digital India."

The company is currently directing its efforts towards expanding its service offerings to include new products such as investments, insurance, business loans, and a range of utility payments and repository subscription-based services. It is fully prepared to establish itself as a comprehensive one-stop destination for all financial products with a nationwide presence.

The Spirit Behind the Success 

Pawas Goyal, Chief Executive Officer, MyFundBucket 

Mr. Pawas Goyal, the founder of MyFundBucket, possesses a rich experience of ten years, having worked with reputed organizations in the IT industry.

An entrepreneur at heart, he could not continue the journey, as he was not put up for that.

Advice to Entreprenuers

His advice to all aspirants who are planning to step into the journey of entrepreneurship may be summed up as, "As an entrepreneur, you're every decision and strategy should be made after careful study and analysis. Never lose your optimism. Decision making, future planning, and good coordination are the three key things which have to be kept in mind always for achieving positive results."

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