Emerald Finance Limited has secured a term loan of ₹10,00,00,000 from ICICI Bank Limited to finance the expansion of its business operations. The capital infusion is aimed at strengthening the company's funding profile and enhancing the scalability of its lending activities. This strategic move establishes a banking relationship with one of India's largest private sector banks, complementing its existing tie-up with State Bank of India.

The proceeds from the loan will be primarily utilized for onward lending activities. A key focus area for the deployment of these funds is the company's Earned Wage Access (EWA) Program. This initiative provides employees of leading corporates with seamless access to a portion of their earned salaries during the month through short-term credit facilities offered in association with their employers.

By securing credit facilities from both State Bank of India and ICICI Bank Limited, Emerald Finance aims to bolster its operational capabilities. The company believes that these relationships will support the continued growth of its lending business and improve its overall financial stability.

Key Details of the Fundraising

The disclosure regarding this term loan was submitted to the Department of Corporate Services at BSE Limited on June 13, 2026, under Regulation 30 of the LODR Regulations, 2015.

Emerald Finance Limited has partnered with Yerik International Private Limited to offer an Early-Wage-Access program to the employees of the company. This strategic collaboration, disclosed on June 09, 2026, aims to provide instant financial relief to employees by allowing them to access part of their earned salaries seamlessly throughout the month. The initiative aligns with the company's vision to expand its offerings and serve retail customers at large through a salary advance solution.

The Early-Wage-Access product entails tying up with employers to offer short-term loans as a salary advance. The amount lent to employees is subsequently collected through salary deduction. This mechanism is designed to assist employees in managing their cash flow more effectively without waiting for the formal payday.

The partnership with Yerik International Private Limited, Delhi, marks a step forward in emerald finance 's efforts to enhance its financial product portfolio. By integrating this solution, the company seeks to address the liquidity needs of its workforce efficiently.