Loans
The Loans module lets your company offer staff loans and advances end-to-end: an admin defines the loan types and the policy terms, employees apply from their own profile (reading and signing the terms), an assigned approver reviews and e-signs the decision, a signed PDF agreement is stored, and repayments are then deducted automatically from payroll each month.
Most day-to-day actions live under HR → Loans in the sidebar and on each employee's profile; configuration (loan types, terms, approver, eligibility) lives under Loan Settings.
Module & permissions: The Loans menu appears only when the module is enabled for your company. What you can see and do depends on your role — employees can apply for and view their own loans, while admins/HR manage types, settings and approvals. If something described here is missing for you, ask a company admin.
Articles
| # | Article | What it covers |
|---|---|---|
| 01 | Getting Started | What the module does, who does what, and where everything lives |
| 02 | Loan Types | Create loan types, amount limits (× monthly salary or fixed), interest, and importing templates |
| 03 | Settings & Terms | The terms & conditions editor and templates, approver assignment, and eligibility rules |
| 04 | Applying for a Loan | How an employee applies from their profile, consents and signs |
| 05 | Approving & Disbursing | How HR reviews, approves/rejects, e-signs, and generates the signed agreement |
| 06 | Repayment & Payroll | How installments are deducted from salary, prepayment, and closing a loan |