Government of Assam Signs MoU with BillMart to Enable Earned Salary Advance and Salary-Linked Credit for Government Employees
VMPL
Guwahati (Assam) [India], March 17: In a major step toward enhancing financial inclusion and employee welfare, the Government of Assam has launched the Earned Salary Advance (ESA) and Salary-Linked Credit (SLC) facility for approximately 5 lakh state government employees through a secure digital financial platform.
The initiative has been introduced to provide government employees with timely access to formal credit, enabling them to manage short-term financial needs in a transparent and responsible manner while reducing dependence on high-cost informal borrowing channels.
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