Gurugram, November 18, 2025: Furthering its mission to enable underserved consumers to access financial products and make informed choices, Paisabazaar has introduced Udyam registration, GST registration, and GST filing services across its retail stores. These services are aimed at self-employed individuals—one of the most credit-challenged segments—who often face barriers arising from inadequate documentation, insufficient financial records, and limited familiarity with digital channels.

At these stores, trained experts would provide consumers with expert advice, curated recommendations according to need and profile, and documentation assistance along with complete guidance on a range of financial aspects.

Santosh Agarwal, CEO of Paisabazaar, said: “For self-employed consumers and small business owners, access to credit and other financial products  has traditionally been challenging and complex. We, at Paisabazaar, are aiming to address this challenge through our phygital model to empower small businesses. This initiative is in line with our brand purpose – Har Sapna Hoga Sach – helping every Indian make smart financial decisions.”

The primary focus of these stores is on small business owners and shopkeepers, assisting them through every step related to their business and credit needs. Along with the FST and Udyam services, consumers can walk in and also explore various credit options, such as business loans, personal loans, home loans, etc., at these stores and get end-to-end assistance in choosing the right option for their credit requirements.

In addition to these services, consumers visiting Paisabazaar retail stores can check their free credit score and explore the best available loan and credit offers. Trained experts also assist them in understanding their credit profile, improving their credit health, and making better financial decisions.

Currently, Paisabazaar retail stores are operational in Gurugram (Jail Road), Noida (Sector 15) and New Delhi (Lajpat Nagar), where consumers can avail Udyam, Aadhaar and GST registration, along with expert assistance for GST filing.

The company plans to expand its retail presence to Tier-2 and Tier-3 cities, where credit demand is growing rapidly. The number of these stores will be further increased as the initiative continues to deliver positive outcomes.

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Bengaluru, 09^th July 2025 – DBS Bank India Limited (DBIL) has waived prepayment and foreclosure charges for all Micro, Small, and Medium Enterprises (MSMEs) borrowers registered with UDYAM, making it easier for businesses to access credit and manage cash flow. Announced on MSME Day, this move reflects the bank’s continued commitment to supporting India’s MSMEs. The waiver is effective going forward and applies to both new and existing active borrowers.

This proactive step aims to enhance borrower flexibility and aligns with regulatory guidance focused on improving transparency in lending. It also addresses a persistent challenge faced by many MSMEs—where foreclosure charges have often deterred early repayment or refinancing, restricting their ability to optimise cash flow management.

Commenting on the development, Sudarshan Chari, Managing Director, and Head – SME Banking, DBS Bank India, said, “Access to flexible and affordable credit remains a critical need for micro, small and medium enterprises. By waiving prepayment and foreclosure charges, we are addressing a common challenge that often limits financial agility. This change enables businesses to repay loans early without penalty and reallocate funds towards immediate priorities or critical areas like inventory, technology, and expansion. It aligns with our broader efforts to support MSMEs with need-based solutions that strengthen their resilience and unlock long-term growth.”

DBS Bank India is committed to empowering enterprises across the value chain, supporting their growth at every stage. Its SME banking proposition offers a robust suite of solutions tailored to meet the diverse requirements of entrepreneurs, combining innovative offerings with deep regional expertise.

With its online account opening feature, entrepreneurs can set up current accounts quickly and seamlessly, eliminating the need for cumbersome paperwork. The bank also provides hassle-free business loans, enabling faster access to finance for growth and working capital needs. Through award-winning foreign exchange solutions and API-led banking integration, DBS Bank India helps businesses enhance operational efficiency, automate workflows, and respond swiftly to market opportunities.

DBS IDEAL, the bank’s mobile-enabled corporate banking platform, allows businesses to manage payments, monitor cash flows, and track transactions in real time. Additionally, the integration with Tally ERP enables connected accounting, allowing SMEs to automatically reconcile records and maintain better control over their financial reporting.

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