Emerald Finance has informed that the company has partnered with Jaura Organics LLP, a Limited Liability Partnership having its registered office address at Lakeside M804 Palava, Phase IILSG Kalyan, Khoni, Kalyan, Maharashtra-421204 to offer its Early-Wage-Access program to the employees of the LLP. 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.
