A loan is a financial arrangement where an individual, business, or organization borrows a specific amount of money from a lender with the agreement to repay the borrowed amount over a defined period of time.
To know the status of the loan application, 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 Pending tab. A list of pending applications appears.
- Click View Details. You can view the status of applied loans under Timeline.
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Related Links:
Video- To watch the video on Managing employee loans, 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.
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