Mega Corporation Limited, a New Delhi headquartered listed non-banking financial company (NBFC), on Monday said it has entered into a definitive agreement with Rajasthan Financial Services Delivery Limited (RFSDL), a Government of Rajasthan enterprise, to implement a state-wide, technology-driven salary-linked advance programme for eligible government employees.
The partnership marks Mega Corporation’s formal entry into government-anchored financial infrastructure and positions the company at the intersection of public-sector welfare, regulated lending and large-scale digital execution.
Under the agreement, Mega Corporation will deploy its proprietary digital lending platform, Lendingo, to enable fully regulated, transparent and payroll-integrated advances against salary. The platform will seamlessly interface with the state government’s financial and treasury systems, ensuring structured recovery through salary deduction mechanisms.
The programme has been designed to provide government employees with frictionless digital access to short-term credit, while maintaining high standards of transparency, auditability and regulatory compliance. It is structured in strict adherence to Reserve Bank of India digital lending guidelines, data localisation norms and other applicable regulatory frameworks.
The initiative represents a significant step forward in the digitisation of employee welfare services by combining government-grade governance with Mega Corporation’s regulated NBFC infrastructure and technology capabilities. By integrating repayment at source, the programme aims to improve financial predictability and discipline, while reducing reliance on informal or unregulated credit sources.
The salary-linked advance facility is intended to address short-term liquidity needs arising from medical expenses, emergencies and unforeseen household requirements, thereby strengthening financial resilience among government employees at scale.
For Mega Corporation, the partnership marks a strategic inflection point, signalling a transition from conventional lending operations to a public-sector-aligned digital financial infrastructure provider. The engagement also establishes a replicable blueprint for similar collaborations with other states and public institutions.
Commenting on the development, Kunal Lalani, Executive Director, Mega Corporation said, “This partnership with RFSDL and the Government of Rajasthan represents a defining moment for Mega Corporation. It reflects the trust placed in our compliance, technology and execution capabilities, and reinforces our long-term commitment to building scalable, responsible and socially meaningful financial solutions within the public sector.”
Mega Corporation Limited is a listed NBFC engaged in delivering structured lending and financial solutions, with a strong focus on regulatory compliance, risk management and technology-enabled delivery.
Lendingo is Mega Corporation’s proprietary digital lending platform designed for institutional-grade, payroll-linked and compliance-first lending programmes, with built-in data security, consent management and audit capabilities to support large-scale government and enterprise deployments.