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SalaryDay

Curated by Signal

Consumer direct lender offering short-term personal loans to professionals.

Overview

SalaryDay functions as a consumer direct lender that focuses on providing short-term personal loans to employed professionals. The company employs artificial intelligence and machine learning technologies to enhance the loan approval process, enabling rapid assessments of applicants' financial information. SalaryDay offers loan amounts between Rs. 5,000 and Rs. 50,000, with various repayment options and no disclosed hidden fees. The target demographic includes salaried individuals aged 21 to 50, who must meet a minimum net salary criterion. The SalaryDay mobile application supports the loan application process, real-time verification, and online disbursement, catering to the demand for prompt access to funds while emphasizing ethical lending practices and transparency.

Key facts

Founded
2000
Headquarters
Hyderabad, India

Business model

Contact

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About SalaryDay

What does SalaryDay do?

SalaryDay functions as a consumer direct lender that focuses on providing short-term personal loans to employed professionals.

Where is SalaryDay headquartered?

SalaryDay is headquartered in Hyderabad, India.

When was SalaryDay founded?

SalaryDay was founded in 2000.

Which sector is SalaryDay in?

SalaryDay operates in Digital Lending, part of Financial Technology.

Who are SalaryDay's competitors?

Companies similar to SalaryDay include One Moja, Emkan, and Tiny Loan.