Emerald Finance Ltd has partnered with ATS Services Private Limited to let employees draw part of their salary early, it told BSE on 4 Nov.

Early wage access works like a small advance on pay that is already on its way.

Rather than waiting for the month-end payroll, employees can draw a portion of their salary earlier in the month.

The money comes back through salary deductions. Emerald Finance collects the lent amount straight from the employee’s pay, which keeps repayment simple.

ATS Services Private Limited, a New Delhi company, is the partner on the programme.

The firm disclosed the deal under Regulation 30 of SEBI’s listing rules in a filing to BSE on 4 November, signed digitally by Company Secretary and Compliance Officer Amarjeet Kaur. The tie-up builds on work already under way.

The company has been developing a salary advance product for retail customers at large, and the model rests on teaming up with employers to offer short-term loans against pay.

Emerald Finance says the deal fits its aim of widening its retail offerings.

It is not the first deal of its kind. Days earlier, Emerald signed a wage access agreement with Automotive India.

It struck similar deals with Halomax on 14 October, Redhatwheels in Kolkata on 7 October, Influcon on 17 September and Ace Financials on 11 September.

Two deals in two days. On 3 November, the company also signed a direct selling agent agreement with Unity Small Finance Bank.

In plain terms, Emerald Finance will bring in gold loan applications for the bank from customers across the country.

The company said it looks forward to growing its operations through the association.

On 1 October, shareholders approved a dividend of Rs 0.10 for FY26 along with the company’s financial statements.

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