Paisalo Digital has signed its co-origination loan agreement with Bank of India, for lending to priority sector. Under this tie-up both the entities would jointly reach out to prospective customers and conduct due diligence for extending small ticket size loans.
Paisalo Digital is a leading systemically important Non-Deposit taking NBFC registered with the Reserve Bank of India (RBI), in operation since 1992. The company’s main thrust is on small finance to ensure rural development, self-employment and women-empowerment.