Bank of India Partners with Paisalo Digital for enabling loans under Co-origination model
Mumbai, November 4, 2019: Bank of India one of the leading Public Sector banks in India has entered into MOU with Paisalo Digital. This partnership with Paisalo Digital is for enabling loans under Co origination model.
This Co Lending financing model with Paisalo Digital is in line with the Reserve Bank of India guidelines which will benefit the micro borrowers through easy and hassle free online loan with minimum Turn Around Time and quick disposal. This arrangement is also expected to boost lending under MUDRA category.