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Taking into consideration the Low Income Group, the Paisewaala sector was developed to help the people getting financial services. Paisewaala started with the aim to help the segment who is left out of reach of financial services due to complex nature, higher prices and lack of reach. Our vision is economic development of Low and Middle-class people.
Societies are registered under the District Registrar Office of State with the Registrar of Paisewaala, the Paisewaala is registered under the Government of Maharashtra.
The Government of Maharashtra has formed rules to ensure the security of the deposits with Paisewaala and it is mandatory by law for all registered societies to operate within those regulatory acts. Paisewaala follows all existing parameters of fund sufficiency those formed by Government of Maharashtra