People Choice HR Provides User Definable Loans/Advances and also loan repayment using easy to use EMI management.
Create Policies for EMI repayment as per Employee Salary or the loan Amount. Our software lets you define a fixed term or a fixed EMI as per the repayment ability of the employee.
Approval Workflow can be of multi-level or single level as per the amount of EMI’s Repayment. Our system provide a stemless flow at employee end to view all activities.
System generate automatic report for employee as well as admin or account department for the proper tracking of workflow.