A loan is a financial arrangement in which one party, typically a lender such as a bank or financial institution, provides funds to another party, known as the borrower, with the understanding that the borrowed amount will be repaid over time with interest.
To view the previous loan details, the employee must perform the following actions:
- From the greytHR ESS login, navigate to Salary > Loan and Advances. The Loan and Advances page opens.
- Click the Apply Loan tab. The Apply/Pending/History tab appears.
- Click the History tab. A list of approved and withdrawn applications appears.
- Click View Details to view all the details of the loan.
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Related Links:
Video- To watch the video on Managing employee loan, click here.
FAQs- To read more FAQs about the Loan, click here.
Documentation- To learn more about Loans, click here.
Product Update- To read about the product update, click here.