PAISALO DIGITALPaisalo Digital Ltd was incorporated in 1992. It is a Non-Deposit Taking Non-Banking Financial Company registered office of the company is in Delhi and the head office is in Agra.
It is primarily focusing on financing self-employed borrowers, a segment which is still untapped / unserved, driven by rising affluence, aspirations and favorable demographics. The company operates through three divisions, namely Financial Services division, Microcredit division and Alternate Energy.
The Financial Services division offers hire-purchase and leasing services for motor vehicles; and personal loans, business loans, and loans against property to individuals and corporate bodies incl rickshaw pullers, Islamic Microcredit, and microfinance housing.
The Alternate Energy division owns and operates 2.4 MW wind energy generation unit located in Vani Vilas Sagar at Chitradurga, Karnataka; and 0.8 MW wind energy generation unit located at Bhu/Kita, Jaisalmer, Rajasthan.
Technically, it is retesting the 2022 breakout levels. Downside is limited, Upside is the sky.
