PAISALO DIGITAL LIMITED NCD 2026

NCD · Rated BWR AA/STABLE · BSE

Type

IPO

Interest Rate

9.00–10.47%

Tenor

1.5–5.0Y

Min Invest

₹10,000

IPO Schedule

Open Date

07 Aug 2026

Close Date

20 Aug 2026

Listing Date

28 Aug 2026

Issue Size

₹300 Cr

Status

open

Available Series / Options

Series	Tenor	Rate % p.a.	Payment	Min Invest	Eff. Yield
Series I	18M (1.5Y)	9.000%	monthly	₹10,000	9.380%
Series II	24M (2.0Y)	9.150%	monthly	₹100,000	9.530%
Series III	36M (3.0Y)	9.500%	annual	₹100,000	9.920%
Series IV	36M (3.0Y)	9.920%	annual	₹100,000	9.920%
Series V	60M (5.0Y)	10.000%	monthly	₹100,000	10.460%
Series V\|	60M (5.0Y)	10.470%	annual	₹100,000	10.460%

Issue Details

Payment Mode

ASBA/UPI

Security

1.10 times

Registrar

Alankit Assignments Limited

Lead Manager

Tipsons Consultancy Services Private Limited

Statutory Auditor

Saket Jain & Co. Chartered Accountants

About This Issue

Paisalo Digital Limited is a technology-enabled, Reserve Bank of India-registered non-banking financial company (NBFC-ML) established in 1992, with a deep-rooted focus on financial inclusion across rural and semi-urban India. The company operates through a diversified network of over 5,000 touchpoints across 22 states, offering tailored financial solutions, including micro-enterprise loans and MSME/business loans, to a significant customer base. A key strategic differentiator is its co-lending model with prominent public sector banks, allowing it to leverage their balance sheet strength while using its operational expertise in sourcing, servicing, and collections. With a consistent track record of growth in its asset under management and profitability, Paisalo Digital maintains strong asset quality and a robust capital adequacy ratio, supported by high credit ratings from rating agencies.

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Tax on NCD Interest

The interest earned on these NCDs is fully taxable. It will be added to your total income and taxed according to your applicable income tax slab rate. The company will usually deduct Tax Deducted at Source (TDS) on your interest income. The standard TDS rate on interest from listed securities is 10% You can avoid TDS by submitting a self-declaration (Form 121) to the company if your total income for the year is below the taxable limit

Who Should Consider This NCD

This NCD is suitable for conservative to moderate investors seeking stable, fixed-income returns with a high degree of safety. The instrument carries a credit rating of "BWR AA/Stable" and "IVR AA/Stable", indicating a high degree of safety regarding timely servicing of financial obligations and very low credit risk. Therefore, it is an appropriate investment for individuals and entities looking for predictable interest income, portfolio diversification, and capital preservation, similar to high-quality corporate bonds or fixed deposits. While the security is backed by a charge on the company's loan receivables and offers a relatively safe investment, it is not without risk. Prospective investors must be comfortable with the risks inherent to the NBFC sector, such as interest rate fluctuations, asset-liability mismatches, and the company's exposure to credit risk from its borrowers

Liquidity & Early Exit

Listing on a Stock Exchange (The Primary Exit Route): The NCDs are proposed to be listed on the BSE Limited. Potential Liquidity: Being listed allows investors to potentially exit their investment before the maturity date by selling the NCDs to other market participants. Liquidity on the exchange is not guaranteed. If the market is illiquid, investors may find it difficult to sell their NCDs at a desired price, or at all, and may have to hold the security until maturity .

Frequently Asked Questions

What is the Minimum Investment Amount?

The minimum application size is ₹10,000, which corresponds to 10 NCDs of face value ₹1,000 each. Applications can be made in multiples of ₹1,000 (1 NCD) thereafter.

What is the Listing and Exit Strategy for Investors?

The NCDs are proposed to be listed on the BSE Limited. This provides an opportunity for investors to sell their NCDs in the secondary market before maturity, offering a potential exit route. However, it's important to note that liquidity cannot be guaranteed as an active secondary market for the NCDs may not develop. If market liquidity is low, investors might have to hold the NCDs until their maturity date.

Who Can Apply and How?

This NCD issue is open to a wide range of investors, including: Retail Individual Investors High Net-worth Individuals (HNIs) Non-Institutional Investors (companies, trusts, etc.) Institutional Investors (mutual funds, banks, insurance companies, etc.) The application process is entirely digital. All investors must apply through the Application Supported by Blocked Amount (ASBA) process via a Self-Certified Syndicate Bank (SCSB). For individual investors applying up to ₹5 lakhs, the UPI mechanism offers a quick and paperless application method.