SalaryPayLoan
Curated by SignalSalary-linked loan service enabling employees to access short-term credit.
Overview
SalaryPayLoan is a financial technology company that focuses on offering salary-linked loans to employees through partnerships with employers. This model allows for loan repayments to be automatically deducted from employees' paychecks, which is intended to create a structured repayment process. The company provides a range of financial products, including loans for medical emergencies, home repairs, and career development courses, primarily targeting lower-income salaried individuals in India. The application process is designed to be efficient, with immediate approval and disbursement of funds via IMPS, aiming to address the issue of limited access to short-term credit for employees facing urgent financial needs.
Key facts
- Founded
- 2016
- Headquarters
- Mumbai, India
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 4 products and services
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Contact
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- Phone
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