In Keka, organizations can configure a loan policy with specific terms and conditions for employees, such as minimum employment term, minimum/maximum salary, and EMI terms. Additionally, employers can define categories of loans that employees can request, such as education, housing, or personal emergencies.
In order to add a loan amount to several employees in bulk, log in to your Keka portal and find the Payroll (1) tab. Go to Loans (2) and under Loans (3), click on Outstanding Loans (4). Now, click on +Add New Loan and then on Import New Loans (5).
On the next window, select the relevant Pay Group and then click on Download theExcel Template. Update the Excel file with the required inputs and save it. Now click on Upload Excel File to upload the updated file and proceed.
To learn how to import/export data, click here.
We hope this document was helpful. More questions? Please check out the other articles or contact us!
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