Jify

Zeo Fin Technology Pvt Ltd

Über diese App

Who are we and what do we do?
Jify is one of the largest financial wellness platforms for the employed workforce in India. We are a pioneer in on-demand salary. We allow employees to access their earned salary instantly, before their month-end paycheck. With Jify, you can avoid high-cost interest, paying bank/credit overdraft fees and borrowing from family or friends.
Jify facilitates earned salary access on a creditline or loan via our NBFC Partners - -
NDX P2P Private Limited (Nbfc - P2P) (CIN: U67200MH2018PTC306270)
K. M. Global Credit Private Ltd. (CIN: U65999MH2018PTC308921)
K. M. Global P2P Finance Private Limited (CIN: U65990MH2020PTC339970)
Whizdm Finance Private Limited (CIN: U65929KA2017PTC101703)
All of the NBFCs are in the RBI's approved list of NBFCs. The list of approved NBFCs can be found here:
https://rbidocs.rbi.org.in/rdocs/content/PDFs/NBFCsandARCs10012023.PDF
Who can use Jify?
Jify’s earned salary access is available to employees from partner organizations only. Users must be Indian residents and actively employees with partner companies.
Why Jify?
• Hand-picked by your HR leaders to offer financial wellness
• Zero interest on your salary advance
• A one-time KYC
• Easy to use, with little-to-no paperwork outside of KYC
• Multiple rewards and benefits
• Available to all employees within a a partner company
• Available 24x7
Salary advance/ on-demand salary - want to know more?
You have been working to manage your money, but perhaps you are over budget for the month. Your electricity bill is due on Monday, but you won’t get paid till Friday. You're set to overdraft if money doesn't hit your account soon. This is where Jify comes in to help you take your OWN earned salary when you need it. Think of it as a parachute, helping you land safely at the end of the month.
For example, if you were last paid on Day 15 of Month 1, and you need money on Day 25 of Month 1, you use Jify to access your earned salary for 10 days of hard work.
Fees and Charges
Jify offers salary on a credit line to employees. Users can withdraw upto 3X of monthly salary from this limit and repay over a period of 3 months to 12 months each time they make a withdrawal. Annual Percentage Rate (APR): Ranges from 8 - 36%. APR is communicated on the Jify App upfront before accepting the offer.
Transaction Breakup - Example
* Loan Amount: ₹ 100000
* Minimum repayment period: 3 months
* Maximum repayment period: 12 months
* Interest rate: 0.75% per month
* Processing Fee: ₹ 258
* Interest: ₹ 2250 (calculated on a yearly basis and on a reducing balance basis)
* APR: 17.45%
* Amount that gets deducted from your salary: ₹ 102657
Permissions that we seek:
One-time permissions like location, microphone, to have data points to enable processes such as KYC.
For a faster process, we typically require the following permissions:
Location - To check and expedite the KYC process
Camera & Microphone - Helps to upload selfie video for the application process.
Safety & Security (Data Protection)
Data Security Features
Jify is ISO 27001:2013 certified
Data at rest and in transit is 100% encrypted.
Customer data is stored & processed only in India

Privacy Policy: https://www.jify.co/privacy-policy
Terms & Conditions: https://www.jify.co/terms-and-conditions
To get in touch, you can reach out at [e-mail] or ([phone].