MyDay PayDay

MyDayPayDay (MDPD) is an innovative platform crafted for working professionals in need of flexible, short-term credit solutions. MDPD enables users to effortlessly manage unplanned expenses, helping them maintain financial stability by bridging the gap between immediate financial demands and income cycles.

Key Features of MyDayPayDay:
●Flexible Credit Options: Tailored credit solutions to meet individual financial needs.
●Quick Approval Process: Streamlined and efficient access to funds when needed.
●User-Friendly Interface: Easy-to-navigate platform designed for an optimal user experience.
●Secure Transactions: Enhanced security protocols to ensure safe and secure data and transaction handling.


MyDayPayDay (MDPD) operates under Kreon Finnancial Services Limited, an RBI-authorised and publicly listed NBFC. This affiliation ensures that MDPD offers robust and compliant financial solutions, enhancing the platform’s credibility and ability to effectively meet diverse customer needs.

Below is an example of the fee breakup for a Salary On-Demand transaction:
●Loan Amount: ₹20,000
●Minimum Repayment Period: 3 months
●Maximum Repayment Period: 6 months
●Interest Rate: 0%
●Processing Fee: 2% of the loan amount (₹400)
●GST on Processing Fee: 18% on the processing fee (₹72)
●APR: 24%
●Disbursed Amount: ₹19,528 (loan amount minus processing fee and GST on the fee)
●Total Loan Repayment Amount: ₹20,000 (no interest charged, so repayment is just the principal amount)

Our policies & services are fully regulated & 100% compliant with NPCI and RBI guidelines.

Eligibility Criteria:

●Must be an Indian citizen.
●Applicants must be at least 21 years old.
●Exclusive to employees of partnered companies, not open to the general public.
●Applicants must be actively and permanently employed with a partner company for a minimum of six months.
●Minimum salary requirement is ₹20,000.

Documents Required:
●PAN
●Aadhaar
●Employee ID card


Loan Process:

●Sign up using your work email.
●Complete the KYC process upon entering the platform.
●The salary advance amount is determined based on your attendance records.
●After application, your loan request requires approval from your employer, the partner organization.
●Once approved by the employer, MDPD will finalize the loan approval, and the advance will be disbursed.
●Repayment is automated; the loan amount is deducted from your salary and paid directly to MDPD by your employer on your salary day.



Why Choose MyDayPayDay (MDPD)?

●Easy Access to Earned Salary: Advanced access to your earned wages before payday.
●Quick and Simple Application Process: Streamline your experience with an efficient application process.
●Instant Approval and Credit Activation: Get immediate approval and access to your funds without delays.
●No Physical Documentation Required: Enjoy a paperless process, enhancing convenience and speed.
●Security and Compliance:ISO 27001:2013 Certified: Adherence to high standards of information security management.
●Robust Data Protection: Utilizing data encryption with storage and processing localized within India.
●Stringent Privacy Measures: Employee data is not stored permanently nor accessible to unauthorized parties.

Additional Resources:

Privacy Policy: View Here - https://mydaypayday.com/privacy-policy
Terms & Conditions: View Here - https://mydaypayday.com/terms-and-conditions
Contact Us: For any inquiries, please reach out to us at info@mydaypayday.com.