News: EarlySalary grants short-term loans to salaried professionals


EarlySalary grants short-term loans to salaried professionals

EarlySalary, a Fintech startup provides instant short-term loans to salaried professionals who run out of money at month-end. Recently, it launched operations in Hyderabad, its sixth market.
EarlySalary grants short-term loans to salaried professionals

Unveiling its operations in Hyderabad, EarlySalary is a Fintech startup that provides short-term lifestyle loans. Earlier, it has successfully captured markets in the cities like Pune, Bangalore, Chennai, Mumbai and Delhi NCR. Hyderabad is its sixth milestone.

EarlySalary focuses on segment such as young salaried professionals who need a helping hand at the end-of -the-month in the beginning of their careers. It is a mobile app based platform that allows instant application of short-term loans. The loans are thus approved and disbursed by RBI and approved by NBFC.  Its super-fast decision making mechanism helps to get loan approved within minutes with the help of social algorithm and artificial machine intelligence. Best part is that it offers instant cash ranging from Rs. 10,000 to Rs.1 lac for a tenure period of 7 to 30 days.

Pune based Fin-tech Startup helps users to sustain their lifestyle without asking money from friends and relatives. “EarlySalary is a short term lifestyle loan. We are excited to bring our innovative offering to the rescue of young professionals facing month-end cash crunch in Hyderabad,” says  Akshay Mehrotra, Co-founder & CEO at . He further added, “This festive season starting with Dussera, go out and spurge a little with EarlySalary and don't let your cash crunch come in the way of celebrations.”

The app is available on android & iOS store.  It has received 1,95,000+ downloads so far. 

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Topics: Entrepreneurship, Technology

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