Payroll

Loans & Advances

A loan book with EMIs that recover themselves.

What it does

Record loans and salary advances, generate the EMI schedule and let payroll recover it. Skip a month, put a loan on hold or close it early — the schedule adjusts.

Highlights

  • Loan book with outstanding balance
  • EMI schedule per loan
  • Skip, hold or pre-close
  • Recovered automatically in payroll