SBI-Life Insurance Backed Stock Allots 3,000 Secured NCDs At 8.45% Yield; Locks In Rs 30 Cr Funding

After its Operations and Finance Committee meeting on December 15, 2025, Paisalo Digital Limited approved and allotted 3,000 fully paid, rated, listed, senior, secured, redeemable, taxable, and transferable Non-Convertible Debentures (NCDs) on a private placement basis. This information was shared with the stock exchanges. With a 24-month tenure and a face value of Rs 1 lakh for each NCD, the total issue size is Rs 30 crore.

The NCDs offer an annual coupon of 8.45%, payable annually, and will be redeemed at par upon maturity on December 15, 2027.

A first-ranking exclusive charge on specified loan receivables is used to secure these debentures, ensuring security protection of at least 1.10 times the outstanding principal amount. According to SEBI rules, the company explained that there are no special rights associated with the instrument and that there are no instances of payment delay or default. Penal interest of an additional 2% annually is only payable in the event of future default.

To improve its credit risk management ecosystem, Paisalo Digital recently unveiled a sophisticated AI-powered platform for fraud detection and customer profiling. For underprivileged customers in semi-urban and rural India, this new approach is intended to improve underwriting accuracy, reduce fraud, and allow more reliable lending options.

"This approach provides greater transparency into borrower histories and helps prevent overlapping liabilities that could otherwise compromise repayment capacity or signal concerns about loan intent. This comes alongside the rollout of Paisalo's GenAI-based calling system, an automated platform that enhances the loan recovery process and borrower communication," said the company in a regulatory filing.

Paisalo's secured and unsecured lending verticals, such as Micro Loan Against Property (Micro LAP), Income Generation Loans, and MSME financing, will all use the framework. By analyzing a variety of data parameters, such as repayment patterns, asset ownership, demographics, income stability, bank transactions, and collateral relationships, this technology also permits dynamic customer scoring, allowing for customized lending decisions without sacrificing the objectives of financial inclusion.

SBI Life Insurance initially acquired a sizable 9% stake in Paisalo Digital in late 2020, but it has subsequently decreased; as of the September quarter of 2025, their ownership was 6.83%, with an equity position of 6,21,14,267 shares. Because of the sizable ownership, Paisalo Digital is regarded as a non-banking financial company (NBFC) stock owned by SBI Life.

Paisalo Digital Ltd.'s current price of Rs 37.81 is trading above both its 50-day Simple Moving Average (SMA50) at 37.2 and its 200-day Simple Moving Average (SMA200) at 34.3, generally indicating an upward trend, according to Trendlyne's technical analysis. This suggests a mixed to slightly bullish outlook. Momentum indicators, however, point to a neutral position; the Money Flow Index (MFI) at 69.5 and the Day Relative Strength Index (RSI) at 56.5 are both in the mid-range. According to the analysis, the stock has "Very High Volatility" according to its 1-Year Beta.