Loan & Advances

  • Knowing that the employer helped during their time of need and placed faith in them to repay the loan may make employees feel more committed to an employer.
  • This may help with retention, job satisfaction, improve work focus and productivity.
  • Asking an employer may seem to be a good idea for employees, as the employer may offer more favourable terms than a bank and will be able to line up repayment dates with pay-check dates. 


Each employee can apply for loans and advances from his/her account.The applications will auto appear in the line manager account for recommendation or rejection.Recommended applications will be further available for approval in the account of designated person.


1. Employee can view the status of his/her loan application from the account
2. Loan and advance reports can be filtered employee-wise, location-wise and employee type-wise for a selected period or between a particular period.


1. Auto linked with payroll for deductions of monthly instalments from the salaries/wages 2. Can be integrated with MAB ERP for affecting the financial statements.


Line manager can only view his/her department applications

Continuous updates based on feedback and feedforward