SalarySe Co-founder: Digital Credit Boosts Financial Wellness for Salaried Employees

• Digital credit is gaining ground as a tool to ease paycheck-to-paycheck strain for India's salaried workforce, says SalarySe Co-founder Piyush Bagaria.
• Approximately 100 million salaried employees face limited savings despite stable incomes, making digital credit a practical financial solution.
• Employment-linked credit models use salary cycles and employer verification to offer tailored borrowing and repayment options, reducing risk.
• AI-driven tools provide personalized financial guidance, while micro-savings features encourage consistent saving during repayment.
• Digital credit platforms aim to reduce financial stress and enhance workplace outcomes for employees by improving financial management.

Why It Matters: Digital credit offers financial stability and stress reduction for salaried employees.