EarlySalary is a leading online platform for personal loans in India. The company provides instant salary advance loans to salaried individuals. EarlySalary provides fast, hassle-free loans for short-term needs, such as travel, medical emergencies, education expenses, and more.
Pros and Cons
- Easy and quick loan approval process
- Competitive interest rates
- Flexible repayment options
- No collateral required
- Only available for salaried individuals
- High processing fees
- Limited loan amount
EarlySalary has an easy-to-use website and mobile app for hassle-free loan applications. The platform offers a streamlined approval process and real-time status update to their customers.
Pricing and Value for Money
EarlySalary offers competitive interest rates on their instant salary advance loans. However, the processing fee can be high, which reduces the value for money.
Some of the popular alternatives to EarlySalary are PaySense, MoneyTap, and KreditBee.
EarlySalary has a highly responsive customer support team that is available 24/7 through email, phone, and chat.
Product Quality and Selection
EarlySalary offers a limited loan amount, and the loan tenure ranges from 90 days to 365 days. However, the platform empowers customers to make the most of their instant salary advance loans.
EarlySalary's website and mobile app are easy to navigate and user-friendly, enabling hassle-free loan application and management.
Returns and Exchanges
EarlySalary follows a no-refund policy as the loan amount is non-refundable.
Promotions and Discounts
EarlySalary offers attractive promotional offers and discounts to their customers from time to time.
EarlySalary has a strong reputation in the market and has been endorsed by reputed financial institutions and investors.
EarlySalary accepts payment through various digital payment modes such as UPI, net banking, credit cards, and debit cards.
Currently, EarlySalary does not have loyalty programs for their customers.
EarlySalary has received mixed customer reviews, with some praising the platform for its quick loan approval process and competitive interest rates, while others have criticized the high processing fees.
EarlySalary has been actively involved in various social initiatives, such as providing relief measures during natural calamities and promoting financial literacy.
Shipping and Costs
Since EarlySalary provides instant salary advance loans, there is no shipping cost involved. However, the processing fee can be high, which increases the cost for the loan.