Key Development
The company has entered into a partnership with ATS Services Private Limited, New Delhi, to offer an Early-Wage-Access program to its employees.
Program Details
The partnership aims to provide instant financial relief to employees by allowing them to access part of their salaries seamlessly throughout the month. The program represents the company's expansion into salary advance solutions as part of its vision to serve retail customers. The product involves:
- Tying up with employers to offer short-term loans as salary advance
- Collection of the lent amount through salary deduction
Company Representation
The disclosure was signed by Amarjeet Kaur, Company Secretary cum Compliance Officer (Membership No.: F13755) on behalf of Emerald Finance Limited.