Salary Backed Loans

EFC offers Salary-Backed Loans to clients in the formal sector. This product is available to organizations with salaried employees, including private companies, and enables them to sign a Memorandum of Understanding (MoU) with EFC to provide loans to their staff. The Salary-Backed Loan is convenient, easy to arrange, and entirely hassle-free, bringing financial assistance directly to the employee’s doorstep.