Emerald Finance Limited partners with Idea Clan Pvt Ltd for Early Wage Access program

Emerald Finance Limited has partnered with IDEA CLAN PRIVATE LIMITED, a company having its registered office address at SCO No. 201, Sector 14, Urban Estate, Panchkula, Haryana-134113 to offer its Early-Wage Access program to the employees of the Company.

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.

Shares of Emerald Finance Ltd was last trading in BSE at Rs. 100.15 as compared to the previous close of Rs. 97.80. The total number of shares traded during the day was 18787 in over 191 trades.

The stock hit an intraday high of Rs. 100.80 and intraday low of 96.30. The net turnover during the day was Rs. 1854514.00.

Source : Equity Bulls

Keywords

EmeraldFinance INE030Q01015 Partnership IdeaClan EarlyWageAccessProgram