FINANCIAL SERVICES

Financial benefits,
built into your payroll

Unlock direct payouts, group health coverages, and earned wage advances for your employees without complex paperwork or vendor queues.

No upfront cost to enable Seamless automated deductions
Activation Panel
Group Health CoverIRDAI Insured
Activated
Earned Wage AdvanceRBI-registered NBFC Partner
Activated
Direct Bank PayoutsICICI / HDFC API connection
Connected
BENEFITS PORTFOLIO

A comprehensive financial workspace for employees

Deliver institutional-grade benefits previously only available to large multinational enterprises.

GROUP HEALTH INSURANCE

Secure your startup team with premium health plans

Provide comprehensive medical coverages including pre-existing diseases, maternity, and mental wellness tracks. Employees declare and manage dependents inside the app.

  • No corporate minimum room rent caps
  • Covers spouse, children, and parents
  • 100% cashless treatment at 10,000+ hospitals
Active Policy Roster
Group Floater CoreSum Insured: ₹5,00,000
Active
Ravi Kumar (Spouse + 1 Child)Dependent Card Released
Enrolled
Wage Advance Ledger
Amit VermaRequested: ₹12,000 (15th of Month)
Settled & Paid
Auto-Deduction LockScheduled for Payroll: Aug 31
Locked
EARNED WAGE ADVANCE

Help employees avoid credit debt traps

Allow team members to withdraw up to 50% of their earned salary before payday for medical emergencies or personal needs. Zero administrative burden on HR.

  • Funds sourced by NBFC, not company cash reserves
  • Flat, transparent transaction fees
  • Auto-reconciles against monthly payroll register
BANK INTEGRATIONS

Disburse salaries directly from your corporate accounts

Connect your corporate bank account directly. Switch to a streamlined, automated payment system with 1-click approvals for base salary and allowances.

  • 1-Click bulk disbursements to all bank portals
  • Instant transaction receipt logs in PDF
  • Smart auto-retry for failed account numbers
Bank API Logs
Salary Batch #2087Total Disbursements: 42 staff members
Disbursed
ICICI Corporate LinkDaily Balance Limit Checked
Linked
HANUX AI COPILOT

Autonomous Management of Marketplace Services

Our specialized AI agents handle policy synchronization, risk analysis, and bank ledger checks in the background.

INSURANCE COMPLIANCE

Policy Sync Agent

Monitors new joiners and exits to automatically synchronize active employee lists with the health insurer.

RISK MONITOR

Wage Limit Guard

Reviews worker log-ins and attendance cycles to dynamically calibrate max salary advance limits.

BANK RECONCILIATION

Payout Ledger Auditor

Auto-reconciles bank salary disbursements with your accounting records and highlights anomalies.

ACTIVATION CYCLE

Three steps, no separate contract

1

Group Health Insurance

Manage group health policies and employee insurance records. Fast-track declarations, track certificates, and monitor endorsement cycles from one dashboard.

2

Earned Wage Advance

Let employees access a percentage of their already-earned salary before payday — a low-interest alternative to high-cost emergency loans.

3

Direct Bank Payouts

Initiate bank-direct salary payouts with one click. Generate transfer sheets instantly and close the payroll month in minutes, not days.

BENEFITS CHECKLIST

Designed to scale your team's financial wellness

1

Instant Setup

Activate marketplace products from Settings with one click. No lengthy bank or corporate contract queues.

2

Flexible Premium Splits

Configure employee insurance contribution splits — company funded, employee funded, or co-pay options.

3

Automatic Deductions

Insurance premiums and earned wage advances are auto-deducted directly from the monthly pay register.

4

Licensed Partners

Supported by top IRDAI licensed insurance companies and trusted RBI-registered financial groups.

5

In-App Claims Console

Employees file insurance claims or request salary advances directly from their Hanux Employee self-serve app.

6

Consolidated Settlement

Pay all monthly premiums and advance disbursements in a single unified invoice with your payroll sync.

FAQS

Marketplace FAQs

Yes. Enabling a marketplace product is free — you or your employees only pay for what's actually used (like insurance premiums or salary advance transactions).

No. The system compiles advances and premiums as standard deduction lines, keeping your base statutory compliance completely clean.

Yes. Insurance enrollment and wage advances are strictly opt-in per employee and can be toggled off directly from the profile settings.

We partner with top-tier licensed insurers (like ICICI Lombard, Care Health) and leading banks to ensure premium financial security.

It does not. All wage advances are funded by our partner financial institutions, meaning there is zero impact on your startup's cash reserves.

Run payroll first, unlock the marketplace next

These products are only available to teams already running payroll on Hanux HRM.

Start Free — no card needed