Date Format

The date format as applicable to the login user. Tell me more

Organization Unit

From the drop-down list, select the required organization unit.  Tell me more

Payroll Calendar

From the drop-down list box, select the required payroll calendar.

Employee Code

The code of the employee for whom you want to enter the loan details.  Help Available

Employee Name

The system displays the name of the employee corresponding to the employee code that you entered.

Loan Type

The type of the loan for which loan details are entered.

Grade Set

The system displays the code of the grade set to which the grade is mapped.

Grade

The system displays the code of the grade to which the employee belongs.

Date of Loan Application

The date entered in the application for loan.

Loan Amount – Default

The system displays the loan amount for the employee as defined in the “Loan Details” page.

Loan Amount

The loan amount for the employee.

Interest (%)

The system displays the rate of interest.

Installment Months

The system displays the number of months in which the loan amount is to be repaid.

Disbursement Period

The process period in which the loan amount is disbursed.

Recovery From Process Period

The starting process period in which the loan amount is recovered.

Recovery To Process Period

The ending process period in which the loan amount will be recovered.

Balance Amount

The system displays the balance loan amount that is to be recovered.

Adjustment Amount

Any amount paid by the employee apart from the amount recovered through payroll.

Recovery Element

The pay element in which the loan is to be recovered.  Help Available

Remarks

You remarks pertaining to the loan details, if any.

Exit Allowed

From the drop-down list box, select “Yes” if the separation can be allowed for an employee who has availed the loan.