EarlySalary crosses Rs. 4000 Crore of disbursal expected to touch Rs. 5000 Crore by December 2021
India, 24th August 2021: With 6 years of strong credentials of disbursing 1.9 million loans, EarlySalary India’s largest consumer lending platform for salaried professionals, crossed Rs. 4000 crore of disbursal and expected to touch Rs. 5000 crore by December 2021. EarlySalary’s Credit Suite is a comprehensive credit solution portfolio for the digital-first Indian consumer. EarlySalary has taken several steps to give users a better credit experience over the years. And the introduction of the ‘Credit Suite’ is just another small move that has brought a change in consumer credit experience.
EarlySalary lately expanded its presence in 27 Tier II and Tier III regions to meet the robust demand for credit solutions from the region. It is the platform that provides a one-stop credit solution to serve all the possible credit requirements of a salaried individual. It includes, Instant loans & Salary Advances, Personal loans with limit up to 3 years, Free Credit Score feature, Instant RuPay Card for credit payments, ‘Buy Now Pay Later’ with EMI. Affordable interest rates, faster processing, transaction innovations are working in favor of borrowers.
EarlySalary is committed to providing a seamless customer experience by leveraging new-age technologies in the areas of data processing, AI/ML, and analytics for real-time analysis and decision making. EarlySalary aims to help millions of people lead a better life who want to achieve their financial freedom, meet any emergency needs and upgrade their lifestyles. EarlySalary has 500,000+ happy customer base. EarlySalary has seamlessly connected the dots between borrowers and lenders, offering credit in more convenient ways. EarlySalary has taken several steps to give users a better credit experience over the years.
Speaking on the occasion, Akshay Mehrotra, Co-Founder and CEO of EarlySalary said, “At EarlySalary, we have successfully made digital credit possible which has consistently helped millions of salaried Indian professionals. Over the past 6 years, we have built one of the largest consumer lending FinTech Company of India and have disbursed over 1.9 Million loans, and expected to touch 2Mn figure by September 2021. As we evolve and mature as a company, we realized the need to cater to a varied set of consumer needs ranging from a short term loan to a long term personal loan, from enabling credit to providing a Buy on EMI option, we decided to build a comprehensive credit portfolio which allows us to serve to all our consumer needs for a longer period.”
Speaking on the occasion, Ashish Goyal, Co-Founder and CFO of EarlySalary said, “EarlySalary aims to make credit access easier to India’s digitally-savvy young generation, which drives the major consumption of products and internet services, especially during the pandemic period. Our focus is on solving the problem of providing access to instant credit & cash to consumers at a reasonable price anytime.”
