Loans And Advances
Payment module to manage your loans and advances!
Get rid of the complicated manual functions and track your transactions on a single platform.
- User Definable Loans and Bonuses
- Loan Disbursement option with EMI option
- Automatic recovery of EMI amounts
- Auto calculation of Interest on Loans
- Employee-wise history for Loan Recovered, Loan Balances & Loans History
Key Features
Loan Management
Easy to manage EMI with the loan management
Pay and Incentives
Define bonus and variable in your salary structure.
Calculate Interest Rate
Define interest or reducing rate to calculate loans
Adhoc Payments
Make adhoc payments for bonuses and other components.
Enrich Employee Experience
Empower your employees on the go!
Try it Free Schedule a demoFree 14 day trial. No payment info needed.
What our Clients have to Say!
Great Product!
“Zimyo has provided us with the right tools to manage our growing workforce from the start of our journey. I strongly recommend startups who are looking for HR solution.”
Easy to Use
Zimyo Payroll is a great tool that helped us streamline our HR and Payroll processes. The reporting engine is very simple and intuitive to use.
Supportive Team
The team has done awesome work in developing additional modules that fit our demands.
Employees already have enough work to deal with and also have to maintain a healthy work-life balance. Between all these responsibilities, all they need is a helping hand to better manage everything and keep things in order. Tracking and keeping a record of all the loans, EMIs and other monthly deductions is another set of burdens that an employee has to look out for. But technology has made our lives easy and all of these can be easily managed without maintaining a separate notebook for the same. An HRMS offers all the features that engage with the employee to make his/her easier.
With Zimyo HRMS, your employees can now easily calculate monthly EMIs, interests,etc and automate loan disbursements. Prepare your own loan ledger and make payments easy. Moreover, getting loan approval and sanctions will no longer be a troublesome task when automated processes are in place.