Paisalo Digital, a leading Non-Banking Financial Company, has initiated transactions worth over ₹3,400 crore for over 59 lakh customers in two years through its network of business correspondents and collaborations with banking partners, including the State Bank of India and the Bank of India.
The NBFC is committed to financial inclusion by leveraging technology and robust partnerships with leading financial institutions to provide seamless banking facilities to India’s under-banked population.
Santanu Agarwal, Deputy Managing Director of Paisalo Digital, said the past two years have been a testament to the company’s ability to deliver financial solutions at scale. He added that this success lays the foundation for achieving the set target of further expanding the outreach, introducing innovative offerings, and contributing meaningfully to the financial ecosystem.
The company’s business correspondent model has enabled it to penetrate deeper into underserved regions by leveraging advanced technology, seamless operations, and customer-centric solutions.
Paisalo Digital, a non-deposit-taking NBFC registered with RBI, has serviced over 65 lakh customers and 3,275 touch points across 22 states.
It is currently involved in seamless credit distribution services and administration of income generation loans.