Fund My Staff

Fund My Staff - Simple Loans for Staff

Experience a simpler, more dignified way to access staff loans with Fund My Staff. We understand that many workers need small loans for urgent personal needs, but often face rejection from banks and loan apps due to limited credit history. Fund My Staff helps eligible staff members access formal loans backed by their employer as guarantor, with repayment through easy EMIs.

Key Features

Formal Loans for Staff:

• Access low-interest loans designed for workers who may be new to credit or have limited credit history.
• Your employer's creditworthiness, income and financial profile can support your loan application.
• Choose a repayment tenure and repay the loan amount in easy monthly EMIs.

Employer-Backed Support:

• Employer acts as a guarantor to help staff access a formal loan.
• Employer does not need to lend money from their own pocket.
• Helps avoid awkward repayment conversations between staff and employer.

Easy EMI Repayment:

• Repay your loan through monthly EMIs.
• Set up a repayment mandate for automatic EMI collection.
• Track your loan and repayment status within the app.

Digital Verification:

• Complete KYC verification using Aadhaar and PAN.
• Credit score check is carried out to assess loan eligibility.
• Account Aggregator support helps verify income and financial history with user consent.

Financial Control:

• Stay informed about your loan, repayment schedule and upcoming EMIs.
• Manage your payments and loan details within a few taps.
• Build your credit profile over time through timely repayments.

Safe and Secure:

• Your data is handled securely and used only for loan processing with your consent.
• Bank account details are verified through secure and regulated frameworks.
• Your data is never sold to third parties.

Why Fund My Staff?

Fund My Staff turns informal borrowing from an employer into a structured financial product. Staff members get access to formal credit at fair rates, while employers can support their team without using their own money. It helps protect the relationship between staff and employer by making repayment organised, automatic and transparent.

Sample EMI Calculation For a Loan Amount of Rs. 1,00,000 and tenure 12 months @ Interest Rate of 12% pa EMI will be Rs = Rs. 8,333 Processing Fee = Rs. 0 Total Payment = Rs. 1,12,000 APR range - 12% to 20%

Loan duration options - 3 months, 6 months, 9 months, 12 months

Declaration Fund My Staff is a platform that facilitates money lending by duly registered NBFCs to users and complies with all applicable laws including RBI's Fair Practices Code. Lending is subject to credit evaluation and applicable terms and conditions. Please read all loan-related documents carefully before proceeding.

Lending Partner - ASH GROVE CAPITAL PRIVATE LIMITED Website - https://ashgrove.in Email - grievance@ashgrove.in

Have questions? Reach out to us anytime at contact@third-unicorn.com