Yes, like all banks and NBFCs, EarlySalary is also approved by the RBI. 

EarlySalary is available for customers from Delhi, New Delhi, Gurgaon, Faridabad, Noida, Greater Noida, Ghaziabad, Mumbai, Navi Mumbai, Thane, Pune, Chennai, Coimbatore, Hyderabad, Secunderabad, Surat, Vadodara, Bangalore, Mysore, Mangalore, Chandigarh, Ahmedabad, Jaipur, Bhubaneswar, Kolkata, Visakhapatnam, and Vijayawada.

Apply for EarlySalary personal loan.

EarlySalary Loans Snapshot

Loan Types 

Instant Personal Loans

Shopping loans 

Salary Card

Education Loans

Loan Amount

Rs.5000 – Rs.5 lakhs

Interest Rate

1.5% – 2.5% 

Minimum Age Criteria

21 years

Minimum Salary Limit

Rs.18000 for metros

Rs.15000 for non-metros

 

Is Earlysalary A Bank Or An NBFC?

EarlySalary is a fintech company that connects salaried professionals in need of emergency funds with lenders, which can be banks or non-banking financial companies (NBFCs). It is a digital platform that has partnered with banks and NBFCs to provide salaried people with short-term cash advance loans.

EarlySalary has partnered with leading financial services in India to offer seamless credit to eligible borrowers. Some of their lending partners are leading names like Aditya Birla Finance Ltd., Incred Financial Services Ltd., Northern Arc Capital Ltd., HDB Financial Services Ltd., and more. 

EarlySalary's primary goal is to provide users with the most convenient and simple-to-obtain personal loan systems with minimal documentation and no human intervention.

Check for other Short Term loan in Creditmantri.