PAYDAY ADVANCE

Bridge the gap. Get back on track.

A short-term credit product designed for eligible customers who experience a temporary liquidity requirement before their next expected income.

Payday Advance is designed for short-duration financial needs where the customer expects to repay within a relatively short period.

PRODUCT DETAILS

Loan Amount

₹1,000 – ₹50,000

Tenure

30 – 90 days

Interest

From 0.80% per day*

Processing Fee

Up to 10%*

Availability

Subject to eligibility and credit assessment

Lending Partner

Salora Capital Limited

WHEN IT MAY HELP

Payday Advance may be suitable for eligible customers dealing with short-term requirements such as:

• Unexpected household expenses

• Emergency personal requirements

• Temporary cash-flow gaps

• Expenses arising before the next income cycle

• Other short-duration financial needs

The product should be used responsibly and only when the customer is confident about their ability to repay.

HOW IT WORKS

01 — Apply

Submit your application digitally through the Jora Capital platform.

02 — Verify

Complete the required identity, income, and other verification processes.

03 — Assessment

Your application is evaluated according to the applicable eligibility and credit-assessment criteria of the lending partner.

04 — Offer

If approved, you receive the applicable loan offer and terms.

05 — Disbursement

Once the applicable agreements and requirements are completed, the approved amount is disbursed by the lending partner.

06 — Repay

Repay according to the agreed repayment schedule and terms.