A loan is an amount that an organization provides on interest to its employees when employees require financial assistance. Employees can apply for a loan depending on the company policies and guidelines. After approval of the loan, the organization deducts the amount in installments from the subsequent monthly salaries of the employees.
To view your loan statement, perform the following actions:
- Navigate to Salary > Loan Statement. The Loan Statement page opens.
- Under the Active tab, your loan statement displays.
- Click the loan card for which you want to view the details. The card expands.
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