
Partnership25 Mar 2026, 01:29 pm
Paisalo Adds Indian Overseas Bank to BC Partner Network
AI Summary
Paisalo Digital Limited, a leading digitally enabled NBFC focused on inclusive lending, has been appointed as a Business Correspondent (BC) partner for Indian Overseas Bank (IOB), enhancing its position as a bank-agnostic BaaS partner and strengthening its position as a key last-mile banking and financial services enabler. This partnership enables the delivery of essential banking services to underserved and underbanked communities across rural and semi-urban India, aligning with Paisalo’s broader strategy of building a high-tech, high-touch distribution architecture.
Key Highlights
- Paisalo appointed as Business Correspondent (BC) partner for Indian Overseas Bank
- Enhances Paisalo’s position as a bank-agnostic BaaS partner
- Strengthens Paisalo’s position as a key last-mile banking and financial services enabler
- Delivery of essential banking services to underserved and underbanked communities
- Alignment with Paisalo’s broader strategy of building a high-tech, high-touch distribution architecture