Employee Loan Management is an internal business process application that manages staff loan submissions, interest calculations, department head endorsements, and human resource approvals on Joget DX 8 and DX 9.

Human resource departments often manage staff loan requests through paper forms or email threads, leading to uncalculated interest payments and lost audit trails. Department heads lack clear visibility into an employee salary limits or active loan balances before granting approval. Manual record-keeping in spreadsheets creates data errors when human resource teams prepare monthly salary deductions.

Key Features

• Calculates total interest and monthly repayment amounts based on configured organization annual interest rates.
• Captures drawn digital signatures from Department Heads directly within the approval form interface.
• Routes loan requests sequentially from Designated Department Heads to Designated HR Approvers.
• Displays employee eligibility requirements including confirmation status and salary percentage limits directly on the application form.
• Exports completed loan records and approval histories to CSV, Excel, XML, and PDF formats.

Frequently Asked Questions

How does Employee Loan Management calculate monthly repayments?
Employee Loan Management applies the global annual interest rate saved in the application settings to the requested principal amount and loan duration to calculate total interest and monthly installment values upon form completion.

Which Joget DX versions and editions support Employee Loan Management?
Employee Loan Management runs on Joget DX 8 and DX 9, On-Premise and Cloud across Enterprise editions.

How does Employee Loan Management record managerial sign-offs?
Employee Loan Management includes an signature form field within the approval form where department heads draw their signature before submitting the review decision.