Salary based loan is secured and there is a huge demand to design loan products around the working class
Financial institutions have to maintain an expensive process and infrastructure to on-board customers and to sell and manage loan disbursement and collection. SalaryPayLoan re-engineers the whole process making it cost-effective to the end customers and to the Banks and financial institutions.
Lower Default rates, as loan is secured through the employee Salary
Loan applications are online and no cost or effort to on-board the customer, disbursement and collection
SalaryPayLoan brings in new businesses by partnering with various companies. It’s a win-win for the employees, employers and the financial institutions.
