Emerald Finance partners Kandarp Digi Smart BPO for early wage access in Uttar Pradesh

Emerald Finance Limited has partnered with Kandarp Digi Smart BPO Limited to launch an Early-Wage-Access program that lets employees draw part of their monthly salary instantly, ScanX reported. The filing was made to the Department of Corporate Services at BSE Limited on October 26, 2026.

How the Kandarp Digi Smart Program Works

The Early-Wage-Access program functions as a short-term loan tied to employment, according to the report. Employees can withdraw part of their accrued salary during the month, and the amount lent is collected directly through salary deductions from the employer.

The product is designed for employees of partner companies, starting with Kandarp Digi Smart BPO Limited in Uttar Pradesh. Emerald Finance said the partnership aims to expand its offerings to serve retail customers through a salary advance solution.

The agreement was disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was reviewed by Naman S of the ScanX News Team.

Emerald Finance's Employer Partner Record

According to akta.pro company records, Emerald expanded its Earned Wage Access platform in India in February 2026 by onboarding seven new employer partners spanning multiple sectors and regions. The same records show the maximum credit limit available to employees through EWA is up to 50% of monthly salary.

Emerald partners with credit information bureaus including CIBIL, Equifax, Kudos and CRIF High Mark for credit assessment and reporting, the records show. Companies using Emerald Early-Wage-Access typically see attrition fall by 7%, according to the company's EWA Savings Calculator tool and industry benchmarks.

Earlier Wage Access Partnerships

On October 14, 2026, Emerald Finance partnered with Halomax Lighting Solutions to provide an Early-Wage-Access program, allowing employees to access part of their monthly salaries, ScanX reported. The loans are repaid via automatic salary deductions, aligning with Emerald Finance's strategy to expand retail lending.

On September 11, 2026, Emerald Finance partnered with Ace Financials to offer an Early-Wage-Access program, allowing employees to access portions of their salaries via short-term advances collected through salary deduction, ScanX reported.