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Emerald Finance informs about updates

Emerald Finance has informed that the company has partnered with Capital Depot, Chandigarh, to offer its Early-Wage-Access program to the employees of the firm. This partnership aims to provide an instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. The Company, in line with its vision to expand its offerings and to serve retail customers at large had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance. The amount lent is then collected through salary deduction.

The above information is a part of company’s filings submitted to BSE.