Paisalo Digital Ltd, incorporated in 1992, is a Non-Deposit Taking Non-Banking Financial Company (NBFC) with its registered office in Delhi and head office in Agra. Originally named 'SE Investment Limited', the company rebranded to 'Paisalo Digital Limited' on January 12, 2018.
As a Systemically Important Non-Deposit Taking NBFC, Paisalo Digital focuses on providing loans. The company has developed a distinctive "high-tech, high-touch" approach, blending technology with human-centric service, particularly effective for the rural and semi-urban MSME segment where borrowers often lack formal income documentation or digital fluency.
With a robust distribution network, Paisalo has serviced over 15 lakh borrowers through 1052 touchpoints across India. The company is at the forefront of co-lending, pioneering seamless credit distribution services to the bottom of the pyramid by administering small-ticket loans.
Paisalo Digital operates through three primary divisions: Financial Services, Micro-credit, and Alternate Energy. The company offers a diverse range of financial products, including Business Loans, SME & MSME Loans, and Income Generation Loans for business/self-employment purposes.
- Small Income Generation: Loans designed for individuals or small businesses to generate income, offered through Umeed, Pragati, and Vikas loan formats.
- Mobility Loan: Financing for purchasing mobility products such as auto rickshaws, electric rickshaws, two-wheelers, or tempos.
- Entrepreneurial Loans: Business growth financing, with the Udaan product offering loans up to ₹20 lakhs.
- Corporate Loans: Business loans up to ₹500 lakhs for significant financial progression and growth initiatives, including those under co-lending frameworks and corporate partnerships.
Paisalo Digital has a significant Co-Lending Loan Arrangement for SME products with the State Bank of India (SBI), India's largest public sector bank. This agreement, formalized on June 26, 2025, extends their existing partnership to strengthen inclusive credit delivery.
Under this co-lending model, SBI provides 80% of the loan funding while Paisalo manages the full loan cycle, from sourcing and underwriting to servicing and collections. This model ensures low-cost credit access with doorstep delivery and efficient management. Since its inception, the SBI-Paisalo co-lending platform has served over 94 lakh customers through 3,565 touchpoints. The addition of SME products is expected to accelerate lending to priority sectors and meet the financing needs of underserved business segments.
- FY2024-25: Net profit rose 11.82% to ₹200.12 crore, up from ₹178.97 crore in FY22-23. Sales increased 17.06% to ₹771.11 crore, from ₹658.75 crore in FY22-23.
- Q4 FY2024-25: Net profit rose 26.44% to ₹46.29 crore, compared to ₹36.61 crore in Q4 FY22-23. Sales declined 0.78% to ₹193.77 crore, from ₹195.29 crore in Q4 FY22-23.
As of March 2025, Paisalo Digital has an Assets Under Management (AUM) of approximately ₹5,232 crore. The company maintains a robust Capital to Risk-Weighted Assets Ratio (CRAR) of 39.2% and a Gross NPA of just 1.0% on its standalone book, demonstrating strong portfolio quality and prudent lending practices.
As of May 15, 2025, at 03:57 PM, the market capitalization of Paisalo Digital Ltd stood at ₹3,145.69 crore.
- Operating Revenue (TTM): ₹771.11 Crore
- Annual Revenue Growth: 17% (Outstanding)
- Pre-tax Margin: 35% (Great)
- Return on Equity (ROE): 13% (Good)
- PE Ratio (as of May 15, 2025): 15.79
- PB Ratio (as of May 15, 2025): 0.49
- Capital to Risk-weighted Assets Ratio (CRAR): 39.2% (as of March 2025, well above RBI minimum)
- Gross NPA (Standalone): 1.0% (as of March 2025)
- Gross NPA (Co-lending with SBI): Under 1.0%
- Collection Efficiency: Consistently above 95%
Paisalo Digital serves as a National Business Correspondent (BC) for the State Bank of India, operating over 970 Customer Service Point (CSP) outlets across India (as of FY24). These outlets facilitate various banking activities in rural areas, including cash deposits, withdrawals, fund transfers, passbook updates, ATM PIN services, account openings, and mini statements.
- NCD Issuance: Paisalo Digital, backed by LIC, has received approval from its Operations and Finance Committee to raise up to ₹50 crore through Non-Convertible Debentures (NCDs).
- Commercial Paper Allotment: Allotment of 600 Commercial Papers (CPs) worth ₹29.44 crore to SBI at an 11% yield, with a 63-day tenure from July 3, 2025.
- Stock Performance: The stock has faced pressure but showed signs of recovery in May 2025.
India's SME sector, contributing over 30% to GDP, faces a substantial ₹15 lakh crore credit gap according to RBI estimates. Traditional banks often overlook these businesses due to high costs and lack of collateral. The RBI's co-lending framework incentivizes banks to partner with NBFCs like Paisalo, creating a significant market opportunity.
Paisalo is on solid financial ground, demonstrated by its CRAR of 39.2% as of March 2025, which is significantly above the RBI's required minimum. The company is also supported by respected institutional investors, including SBI Life Insurance, LIC, Vanguard, and Abu Dhabi Investment Authority.
Paisalo Digital continues to strengthen its position as a leading NBFC focused on financial inclusion through its technology-driven approach and strategic partnerships, particularly with State Bank of India. This strategy enables it to effectively serve the underserved segments of the Indian economy and address the critical credit gap.
