An MoU Loan is a structured financing solution that allows employees to access affordable loans through their employer’s partnership with Divitia. Under a formal Memorandum of Understanding (MoU), eligible employees can secure loans with seamless payroll deductions, eliminating the stress of traditional loan applications.
Employees can access personal loans conveniently under their employer’s MoU.
Loan approval is based on employment status and agreement terms.
Favorable rates compared to standard personal loans.
Hassle-free repayment through payroll deduction.
We keep things simple and honest, so you know exactly what to expect.
Enhances employee morale and productivity by offering financial support.
No collateral, no lengthy approvals—just easy access to loans for employees.
Agreement defines loan terms, eligibility, and repayment conditions.
Employees submit applications based on predefined terms.
Quick processing and direct loan disbursement to employees with monthly auto repayment
To ensure a smooth and structured loan process, both employers and employees must meet certain requirements. Here’s what you’ll need to qualify:
For an employer, the following is required for your employee to benefit from an MoU loan:
For employees of MoU loan partners, you will need the following:
Partnering with Divitia to provide MoU Loans for your employees is seamless and beneficial. Follow these three simple steps to set up a structured financing solution for your team:
Begin by establishing a formal Memorandum of Understanding (MoU) with Divitia. This agreement outlines loan eligibility criteria for employees, repayment terms trhough payroll deduction, and emplyer responsibilities.
Once the MoU is in place, your employees can easily apply for loans through a simplified process. As an employer, you will verify employee status and eligibility, facilitate required documentations and approve payroll deduction. We handle the rest.
Loan repayments are automatically deducted from employees’ salaries, ensuring hassle-free repayments and no missed payments or financial strains on employees.
We know you might have questions about how the MoU loan works and how you can take advantage of it. Here are some of the most common queries and questions.
100+ impact stories
Employer
Employee
Employee
Employee
Employer
Amazing customer service
