Alphagraph | Paisalo Digital Ltd (NSE: PAISALO): Q3FY23 Results Out; Total Income rises 21% YoY.

Paisalo Digital Ltd is a Non-Deposit Taking Non-Banking Financial Company that was incorporated in 1992. The company has its registered office in Delhi and its head office in Agra. It offers a variety of financial products including Business Loans, SME & MSME Loans, and Income Generation Loans for business and self-employment purposes.

One notable aspect of Paisalo Digital’s operations is its Co-Origination Loan Model. The company has signed an agreement with State Bank of India (SBI) for co-origination of Priority Sector Loans. Under this model, SBI contributes 80% of the loan value while Paisalo Digital contributes the remaining 20%. The risk and reward sharing in this model is in an 80:20 ratio. This partnership allows for low borrowing costs for customers at the bottom of the pyramid due to SBI’s low cost of funds and Paisalo Digital’s low cost of operations.