BORROW FROM YOUR EMPLOYER Will Give You A lots Of benefits!!

Interest rate: 5-8%  Could also be interest-free.

If you need funds ASAP, consider your workplace first.

Many companies extend an advance on salaries.

The funds could be equivalent to 1-6 months’ take-home pay and will be deducted from the salary over 3-24 months.

Downside The loan will be taxable as part of your salary. It will be exempt only if the funds are used for certain medical treatments or if the amount is less than Rs 20,000.