Paisalo Digital Limited widens presence: 8 new states and 1052 touch points achieved

Paisalo Digital Limited, a leading non-banking financial company (NBFC) proudly announces the establishment of its presence in 8 new states, elevating the total touch points to an impressive 1052 locations nationwide. The new expansion maps - Andhra Pradesh, Jammu & Kashmir, Jharkhand, Odisha, Tamil Nadu, Telangana, Madhya Pradesh and Chandigarh respectively, driving co-lending and seamless banking solutions for India's bottom-of-the-pyramid segment. This expansion reflects the company's commitment towards reliable financial services and supporting the economic growth aligned with the Government of India's twin objectives - 'Digital India' and 'Financial Inclusion'.

Leveraging proprietary technology, the company provides income generation loans for India's unbanked population. Known for its comprehensive range of financial services, tailored to meet the diverse needs of individuals from different walks of life, Paisalo Digital ensures accessibility to its exceptional services even in remote regions.

An extensive array of credit and loan propositions enables Paisalo Digital Limited to overcome barriers in the clustered market and streamline the process of providing hassle-free credit. Paisalo has consistently championed the cause of women entrepreneurs and small businesses and the expansion of these new touch points reinforces the company's commitment. Over the years, Paisalo has encouraged more than 450,000 women through co-lending.

Commenting on the milestone expansion, Mr. Santanu Agarwal, Deputy Managing Director, Paisalo Digital Limited said, "Expanding our presence across new states gives us an opportunity to elevate financial readiness in new geographies and service customers from distinct demographics. With our expanded presence, we aim to make credit and financial services available to those who have been traditionally underserved, fostering inclusive growth and further enhancing our accessibility to PAN-India. Committed to enabling financial inclusion, we are moving ahead strongly with unconditional support from our customers and our partner co-lending Banks."

Paisalo believes in breaking the barriers and limitations to create positive change. With a customer-centric approach and a robust technology infrastructure, the company is well- positioned in the lending landscape. Its impact has been huge by empowering millions of Indians.

Source : Equity Bulls

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PaisaloDigital NBFC Expansion