The Salary Employees Loan is a personal loan product, which is available for low salaried employees for a variety of purposes. Individual loan is provided to permanent and contractual employees of an organization.

The payroll product targets employees working with both private and public companies. Though these individuals are employed and receive a salary, they find it difficult to access short term credit when they have taken out a large loan from a commercial Bank. This product is mainly to support their short term needs like school fees, acquisition of simple assets like Televisions, Cookers, and Chairs. It’s strictly a bridge finance Loan.