MoneyWorks4Me

Emerald Finance disburses Rs 2 crore in EWA loans

03 Feb 2025 Evaluate

Emerald Finance has reached a significant milestone by disbursing Rs 2 crore in EWA loans and surpassing 10,000 shareholders. This achievement highlights the company’s steady growth and expanding reach in the financial sector.

Emerald Finance continues to enhance financial accessibility with its flagship EWA product, designed to provide salaried professionals with timely access to funds. The company’s progress underscores its focus on innovation and commitment to financial inclusion.

Emerald Finance has achieved 40 corporate tie-ups for its EWA program, with a target of reaching 60 by the end of FY25 and 250 by FY26. The company’s robust underwriting and risk management practices have ensured zero non-performing assets (NPAs) across both its EWA and MSME lending segments. Emerald Finance is set to launch small-ticket personal loans for its EWA customers by Q4 FY25, further diversifying its product portfolio and catering to evolving customer needs.

As a Non-Banking Financial Company (NBFC), Emerald Finance is involved in providing financial services with a paramount focus on small and medium enterprises (SMEs) in corporate and non-corporate sector.