Paisalo Sourcing

Paisalo Digital Limited is a listed, Non Deposit taking Systemically Important-Middle Layer, RBI registered Non-Banking Financial Company (NBFC) focused on expanding access to formal financial services and credit for individuals, self-employed persons, MSME businesses and other underserved segments. The Company seeks to combine responsible lending practices with technology-enabled processes to make access to financial services simpler, more convenient and accessible.
 As part of its digital initiatives, Paisalo Digital Limited proposes to provide a Paisalo Sourcing to facilitate convenient submission of loan applications by prospective customers. The App is intended primarily as a digital interface for customers to initiate and submit their loan applications and provide the information and documents required for processing.
 The App will enable customers to undertake customer-led KYC validation, using the applicable KYC processes and authentication mechanisms made available by the Company. This will help improve the accuracy of customer information and simplify the initial application process.
 The App is not a Digital Lending App (DLA) and does not itself constitute a digital lending platform. It is intended only for loan application sourcing and submission. Credit appraisal, sanction, documentation, disbursement and other lending decisions will be undertaken by Paisalo Digital Limited through its prescribed processes and systems, in accordance with applicable regulatory requirements and the Company's internal policies.
 The Company's existing Privacy Policy/Privacy Notice will govern the collection, use, processing and protection of customer information through the App.