The following video explains Loan with Mode of Payment as Payroll and the procedure to pre-close a loan.
Notes:
- If the mode of payment Payroll then the Loan amount will get reflected in the Payslip.
- After the Payslip is generated the status will get automatically changed to paid
- Only when the monthly deduction is enabled the installment amount will be deducted
- Further queries?, Refer FAQs or chat with us.
- All red ’*’ fields are mandatory fields.
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