Applying for a Loan
Employees apply for a loan from their own profile, much like applying for leave. This article is written for the employee.
Where to apply
Open your profile (Sidebar → HR → Employees → your name, or your own profile link) and select the Loans tab. Click Apply for Loan.
You can also reach the loans list at HR → Loans and use Apply for Loan there. You can only apply for yourself (managers with the right permission can apply on behalf of others).
Filling in the request
| Field | Notes |
|---|---|
| Loan Type | Pick the type that matches your need. The form then shows the maximum you can borrow and the repayment period for that type. |
| Loan Amount | The amount you want to borrow — keep it within the maximum shown. |
| Loan Required From | The date you need the funds by (a date picker). |
| Purpose of Loan | Explain what the loan is for. |
| Supporting Documents | Optionally attach files (e.g. a medical bill or invoice). |
As you pick a type, an info box shows your Monthly Salary, the Maximum Allowed, and the Repayment Months.
Terms and signature
- Read the Terms & Conditions shown on the form.
- Tick the box to confirm you agree and undertake to repay through monthly salary deductions.
- If a signature is required, sign in the signature box (draw with your mouse/finger; use Clear to redo).
- Click Submit.
Your request is created with status Pending, your signature and a copy of the terms are saved, and the assigned approver is notified.
Eligibility notes: If you don't meet a guideline (minimum service, an existing loan this year, or an amount above the maximum), you'll still be able to submit — the approver simply sees a note and decides. Eligibility rules are advisory, not hard blocks.
After you apply
- Track status from the Loans tab on your profile, or the HR → Loans list.
- When approved, you can download the signed agreement from the loan's detail page.
- Repayments are then deducted from your salary each month and appear on your payslip (see Repayment & Payroll).