Jify 3.7.8

Jify is a prominent financial wellness platform for the workforce in India, specializing in on-demand salary services. It pioneers instantaneous access to earned salaries before the traditional month-end payout. Through Jify, users can avoid high-interest charges, reliance on loans from various sources, and bank/credit overdraft fees. This platform facilitates access to earned salaries via a credit line managed by our RBI-regulated partners - NDX P2P PRIVATE LIMITED ("LiquiLoans") and K.M. Global Credit Private Limited ("Credit Fair").

Eligibility for utilizing Jify's services is granted to employees of partner organizations who are Indian residents actively engaged with our partners.

Reasons to consider Jify:

• Selected by HR leaders for promoting long-term financial well-being
• Zero-interest and fee structure with immediate salary access
• Simple KYC process
• User-friendly system with minimal documentation required apart from KYC
• Diverse rewards and advantages
• Accessible to all employees within an organization
• Operational 24x7, enabling users to withdraw salaries as needed

If you find yourself in need of a salary advance or on-demand payment, Jify can be your solution for managing expenses. It offers the ability to access your earned salary when required, providing a safety net to navigate financial challenges.

Jify operates on a credit line system, empowering users to withdraw up to 3X of their monthly income and repay over varying periods ranging from 3 to 12 months per transaction. The Annual Percentage Rate (APR) ranges between 8% to 36%, communicated transparently on the Jify App prior to acceptance.

You can view sample transaction details below:

• Loan Amount: ₹ 100,000
• Minimum Repayment Period: 3 months
• Maximum Repayment Period: 12 months
• Interest Rate: 0.75% per month
• Processing Fee: ₹ 258
• Interest: ₹ 2250 (calculated annually on a reducing balance basis)
• APR: 17.45%
• Amount Deducted from Salary: ₹ 102,657

The necessary permissions requested by Jify include location and microphone access for streamlining processes such as KYC. For expedited processing, users typically grant permissions for location tracking and camera/microphone usage to submit required documents.

Data security at Jify:

• Jify holds ISO 27001:2013 certification for data security
• All data at rest and in transit is fully encrypted
• Customer information is exclusively stored and processed within India

Jify’s Privacy Policy and Terms & Conditions can be reviewed at the following links:
Privacy Policy
Terms & Conditions

To contact us, please reach out via email at [email protected] or phone at (+91)9820048614.