Advans(Phoenix salary advance product) mission is to give Employees an easy access to funds to sort emergencies and unburden the Employer from holding liquidity, to give advances, thus concentrating on their core business.

Terms:

• Amount – 30% of your net salary or limit set by your employer
• Tenor/Period – One month
• Turnaround time – Automated/ instant
• Interest rate – Competitive

The elegance of this product is that it allows Employees have the comfort to work without worries as they have a plan to sort emergencies anywhere and anytime.