๐Ÿ’ถMy Loan Details

Employee loan request and approval

Pocket HRMS system allows employees to easily apply for a loan through the provided self-service portal (ESS).

Employees can follow the given below steps to quickly request for the same. The assigned manager then receives the loan request on their portal, which they can accept/ reject in a click.

Pre-requisites:

โœ”๏ธ Employee access

Note - Kindly contact your HR or manager for access, if you are not able to perform the steps below.

How to apply for a loan?

Step 1: Log into the ESS portal and click on the โ€˜Profileโ€™ menu followed by the โ€˜My Loan detailsโ€™ submenu.

Step 2: Click on the โ€˜Loan Requestโ€™ tab, here you can view your previous loan requests. Click on the โ€˜+ Addโ€™ button to add a new loan request.

Step 3: From the โ€˜Loan/Salary Advanceโ€™ dropdown select the type of loan you wish to apply.

Step 4: Enter the โ€˜Dateโ€™, โ€˜Apply Monthโ€™ and โ€˜Apply Yearโ€™ in the respective fields.

Step 5: Fill in the following details in the respective fields.

  • Amount โ€“ Enter the loan amount you want to request

  • No. of Installments โ€“ The value for the desired number of installments is the number of months in which you want to repay the loan.

  • Per Month โ€“ The system will calculate the value of installment you have to pay per month based on your loan type, loan amount and number of installments.

  • Remark โ€“ You can add any remarks for the loan request

  • Attach File โ€“ You can click on the โ€˜Choose Fileโ€™ button to upload a file

Click on the โ€˜Saveโ€™ button and your request will be sent to the respective manager and you will be notified about the action they take.

How to check my pending loan requests?

Step 1: Log into the ESS portal and click on the โ€˜Profileโ€™ menu followed by the โ€˜My Loan detailsโ€™ submenu.

Step 2: Under the โ€˜Loan Requestโ€™ tab you can click on the โ€˜Loan Approval Pendingโ€™ button to view your previous pending leave requests.

The โ€˜Loan Approval Pendingโ€™ pop-up window will open where you can check details of your pending leave requests.

How to check status of my Loan request?

Step 1: Log into the ESS portal and click on the โ€˜Profileโ€™ menu followed by the โ€˜My Loan detailsโ€™ submenu.

Step 2: To check the status of your loan request, go to the โ€˜My Loan Detailsโ€™ tab and check the status in the โ€˜Loan Statusโ€™ column. You can also click on the download icon to download the details of your loan request.

For any queries, contact support@pockethrms.com

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