Paisalo Digital has launched a new Loan Disbursal App ‘PAISALO’. The app has been designed to eliminate the presence of the middle-man, reduce corruption across the value chain and enable any individual to borrow an amount ranging from Rs 10,000 to Rs 50,000 from the convenience of their mobile device. An end-to-end digital solution, all key processes such as KYC, legal documentation, disbursement and repayment (via customer’s bank account) will be executed within the app itself.
Paisalo Digital (formerly S.E. Investments) is in the finance-investment sector. The Company is engaged in the business of hire-purchase and leasing of motor vehicles and it also provides personal loans, business loans, loans against property, etc.