Emerald Finance Limited has partnered with Bhola Jewellers, Chandigarh, to launch an Early-Wage-Access (EWA) program for the jeweller's employees. This collaboration aims to provide instant financial relief by allowing staff to access part of their salaries seamlessly throughout the month.

The disclosure was made on September 22, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Amarjeet Kaur, Company Secretary cum Compliance Officer, confirmed the partnership in a filing to BSE Limited.

Partnership Details

The initiative aligns with Emerald Finance’s vision to expand its offerings and serve retail customers at large. The company had been developing a salary advance solution that ties up with employers to offer short-term loans. Under this arrangement, the amount lent is collected through salary deduction. This model provides a structured mechanism for employees to manage cash flow needs while ensuring repayment through payroll processing.

Strategic Context

This move marks a step into the employee benefit services space for the NBFC. By leveraging its lending capabilities, the company seeks to address short-term liquidity needs for individuals within corporate structures.

The partnership with Bhola Jewellers, based in Chandigarh, serves as the latest implementation partner for this product line. It follows an earlier agreement signed on September 21, 2026, with Say Trip hospitality Pvt. Ltd., based in Kolkata. The sequential additions indicate a strategy to diversify the employer base across different sectors and geographies.

Emerald Finance Limited has entered into a partnership with Influcon Digital LLP, based in Kolkata, West Bengal, to offer an Early-Wage-Access program to employees.

The collaboration aims to provide instant financial relief by allowing employees to access portions of their salaries seamlessly throughout the month. This move aligns with the company’s vision to expand its retail offerings and serve customers more broadly.

Product Mechanics

The salary advance solution involves tying up with employers to offer short-term loans as salary advances. The amount lent is collected through salary deduction. This model enables the firm to extend credit directly to the workforce while ensuring repayment through payroll integration.

Regulatory Disclosure

The company made this disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Amarjeet Kaur, Company Secretary cum Compliance Officer, signed the filing dated September 17, 2026.