Corporate employees can avail quick and hassle-free loans from their desk by contacting their employer or concerned HR. Loans are available for multiple purposes that include but not limited to wedding expenses, medical expenses, vacation, purchase of household appliances, etc.
With corporate HR loans, employees can avail any loan starting from Rs 50,000 to Rs 5,00,000 with minimum interest rate of 12.49% to 25% per annum with 6 months to 3 years loan tenures. The loans are available for borrowers in 50 cities in India.
In today's world, where everyone is hard pressed for time, people are finding it difficult to take time from their routine and go after banks in case of any financial need.
At this point of time Recapita addresses this, and make it a win-win situation for the borrower and for the company. From a corporate employee's perspective it means convenience of getting a loan without having to chase banks and for the corporate it is a significant employee friendly step thereby resulting in increased employee satisfaction, productivity and loyalty