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Feature

Employee Loan Management for Bangladesh

Issue salary advances and employee loans with EMI schedules, auto-deductions from payroll and full audit trail.

Loan and salary advance requests with approval workflow
Auto-generated EMI schedule with interest options
Automatic deduction from monthly payroll in BDT
Outstanding balance and repayment history per employee
Multiple active loans per employee with priority order
Loan policy limits by department, designation, or tenure

Why teams in Bangladesh choose it

Quick disbursement

Approve and disburse salary advances or full loans without spreadsheets.

EMI auto-schedule

Pick tenure and interest — the EMI schedule is built and locked automatically.

Payroll-linked

Each month, the EMI is auto-deducted in payroll. No manual reconciliation.

Approval workflow

Manager and HR approval with notes, before any funds move.

Audit trail

Every change — request, approval, deduction, closure — is logged.

Policy controls

Cap maximum loan amount by tenure or role to keep risk in check.

How it works

1

Employee requests

Employee submits a loan or advance request from the mobile portal.

2

Manager + HR approve

Approval flow with comments and policy checks.

3

EMI schedule generated

System builds the monthly repayment schedule based on tenure.

4

Auto-deduct in payroll

Every payroll run deducts the EMI until the loan is fully repaid.

Frequently asked questions

Can we configure interest rates?

Yes. You can set zero-interest advances or interest-bearing loans per policy.

What if an employee leaves mid-loan?

You can settle the outstanding balance in the final payslip with one click.

Can employees see their balance?

Yes. Employees see outstanding amount, EMI schedule, and history in their mobile portal.

Does it work alongside bonuses and overtime?

Yes. Loan deductions are part of the same payroll run as bonuses, OT and other adjustments.

Ready to modernize your HR?

Free to try. bKash & Nagad billing. Setup in under 30 minutes for most teams.