SalaryAdda Review
Naman Finlease Pvt. Ltd (NBFC Partner)
Salary advance LSP
Red flags
- •Reported APR exceeds 100%
Green flags
No clear green flags noted.
Permissions demanded
Data practices
Recovery practices
Sources & references
Grievance & support
- Grievance redressalhttps://salaryadda.com/grievance-redressal-policy.pdf
- Support / helpdeskcare@salaryadda.com
Contact details published by the lender. If unresolved within 30 days, escalate via RBI Sachet.
Disclaimer: Reviews are independent editorial assessments based on publicly available information and user-submitted complaints. APR ranges and fees can change — always check the lender's Key Fact Statement before borrowing. Not financial or legal advice.
More reviews
Frequently asked questions about SalaryAdda
Is SalaryAdda RBI-registered?
SalaryAdda is operated by Naman Finlease Pvt. Ltd (NBFC Partner). Its RBI status: RBI-regulated NBFC. Always verify the parent lender directly on the RBI NBFC list before borrowing.
What is the real APR on SalaryAdda?
SalaryAdda charges an APR between 200% and 200% per annum with a processing fee of up to 10%. After fees and GST, the effective APR on short tenures can be significantly higher than the headline rate.
Is SalaryAdda safe to use?
Salary advance LSP Permissions demanded: not disclosed. Recovery practices: not independently verified.
What loan amount and tenure does SalaryAdda offer?
Ticket size ranges from ₹0 to ₹0, with tenure between 0 and 0 months.
How do I close my SalaryAdda loan early?
Open the app, request a foreclosure quote in writing, and pay the principal + accrued interest. Demand the No Dues Certificate (NDC) within 7 working days — RBI mandates it. If SalaryAdda refuses or harasses you, file a complaint on the RBI Sachet portal.