Date: 17/11/2022

Subject: Revision in Disbursement fee w.e.f. 18/11/2022

Dear Customer,

Thank you for being a loyal customer of Emerald Leasing Finance and Investment Company Limited. We hope that the Salary Advance facility availed by you, is enabling you in managing your finances better and timely repayments on the amounts withdrawn, will further help you improve your credit history and the credit score.

We would like to inform you that the disbursement fee, presently charged on the Salary Advance facility enjoyed by you, is being revised as under, with effect from 18/11/2022. These changes will be effective only prospectively and will be applicable on all withdrawals done w.e.f. 18/11/2022.

Revised Withdrawal slabs and Disbursement fees are as per the table below:

Withdrawal Slab (INR)            Disbursement Fees Inc. GST (INR)
100.00 to 300.00                                      13
300.01 to 500.00                                      20
500.01 to 1000.00                                    39
1000.01 to 1500.00                                  66
1500.01 to 2500.00                                  110
2500.01 to 5000.00                                  220
5000.01 to 10000.00                                303
10000.01 to 15000.00                              649
15000.01 to 20000.00                              908

As you are aware that you have availed a Salary Advance facility from Emerald Leasing Finance and Investment Company Limited CIN: L65993CH1 983PLC041774, a public company incorporated under the Companies Act, 1956 / 2013 and is also registered as an non-banking financial company under the Reserve Bank of India Act, 1934 and having its registered office at SCO 7 Industrial Area, Phase 2 Chandigarh 160002 via our approved digital platform Rain, which is valid for a period of 12 months from the agreement date.  

As per clause 4.20 of the loan agreement, Lender holds unilateral authority to change the rate of interest (if any applied) or the Disbursement Fees on Facility undertaken by Borrower and further shall inform the Borrower of said change prior to implementation of change in interest (if any applied) rates.

Hence, this revision of Disbursement fee is for your information and will be applicable on withdrawals done by you w.e.f. 18/11/2022.

In case the above changes are not acceptable to you, the loan can be foreclosed without any additional charges.

For any query or further information, you may call us at 080 47187727 or write an email to us at

Thanking you,

Emerald Leasing Finance and Investment Company Limited

PS: This is a computer-generated letter and does not require a signature.