Employee Salary Loan (Postdated Cheque)
TFFS offers a short-term salary loan facility against the employee’s next paycheque in a safe and standardized manner to executive/middle-level management and officers with clearly identified and regular cash flow streams.
This employee salary loan product is targeted at an employee cadre with a regular monthly income. It aims to address the drawing requirements of officers that would like to have access to short-term funds for specific purposes without getting involved in tenured obligations.
Employees including Executive and Middle Management Employees of public and private sector establishments, e.g. Professionals (partners/directors/senior executives) in Business Consultancy outfits, Law Firms, Accounting Firms, and Medical services whose salaries are regularly paid through their Banks.