Loan Management helps in managing the loan facility of employees as per your company policy. It also gives the permission to request loan and you can view the status of the loan applied. Module calculate the EMI as per the granted loan and show all details related to it.
Handling of multiple types of loan.
Loan can be managed on the basis of fixed interest calculation & reducing interest calculation.
Online Loan Request from the employee based on the policy.
Loan approval process based on work flows.
Rich option to manage the loan EMI.
Multiple loan repayment option.
Loan balance & loan ledger employee wise can be taken.
Handling statutory compliance for company provided loans.