Why is there an increase in demand of personal loans?

As the indebtedness of the average Indian grows, we cannot ignore the surge of retail loans over the past five financial years. As we cast our eyes on the rise in the number of loan accounts, we observed that retail loans have clocked a compounded annual growth rate (CAGR) of 16.4%. However, the CAGR of […]

Sound Financial Advice: Invest more, Spend More.

Why is investing important? It is a question with an obvious but prudent answer. If you are already struggling to manage a monthly budget and repaying debts, you might wonder why should you add another financial task to your to-do list. But, investing might be the most important expenditure of all. Investing is crucial as […]

Can Millennial Stress be Resolved by Financial Wellness?

Stress is an issue bigger than ever for millennials, who are rushing ahead with their worklife, finding little time to enjoy the intricacies of life. They are not only toiling themselves with projects, preparing reports and meeting targets, but also when off the work they busy themselves worrying about their debt, savings and expenditure.  India […]

Why should i apply from EarlySalary?

– Over 8 million app downloads– Over 6 lakh instant loans disbursed– Loans worth ₹ 1000 Cr+ disbursed – largest amount of loans given in India by an app based company– Approved loan amount can be used to shop on Amazon, Flipkart, Big Bazaar, Yatra, MakeMyTrip & more– Loan approved and disbursed in 10 minutes– […]

How EarlySalary has revolutionized borrowing in India

Borrowing has become a norm for the young Indian working population. A growing number of Indians are taking loans for a wide variety of reasons, fueled partly by the fact that loans have become so much more accessible for the market today. Loans for travelling, personal loans for shopping, loans specially curated to start your […]

Getting New Joinees To A Good Financial Start: The How-To Guide

With millennials’ increasing dependence on credit options in order to live their life, financial education is more critical than ever. While financial literacy has of course, a directly positive impact on employees, it also benefits employers is more ways than you may imagine. Strong financial education and better financial management skills result in employees less […]

Loans – A Healthy Credit Score and its Benefits

A credit score is an important factor in one’s financial life. It is a three-digit number that financial organisations use to determine your likelihood of repaying a debt. Your credit score is based on your credit history, a record of all your past loans and credit transactions which assesses your ability to repay debts. Credit […]

What is a Salary advance and how it is different from a Personal loan?

With the rise of new age borrowing sources, the consumer finance space is delivering a wide range of options across segments to its customers. Salary advances and personal loans are some new age borrowing options for retail consumers that offer credit without collateral to salaried professionals. Let’s take a closer look at both: Salary Advance […]

Leaving your money in the bank? You’re losing it!

Money saved is money earned – but this is not equivalent to funds left idle in the bank. Idle cash that does not generate any return may ultimately be costing you money after accounting for inflation when you’re calculating the real-adjusted returns. In earlier times, money left in the bank generated at least a somewhat […]