Send Again
Close
X
Login
Already have an account with us Login to your account
X
Sign Up
Create an account with Webkul Store
Please Login to Write Your Review
- Description
- Reviews
- FAQ
- Customers ()
- Specifications
- Cloud Hosting
- Changelog
Odoo Employee Loan Management (Enterprise) helps for companies to manage all employee loans in one place, without any hassle.HR can set up multiple loan types with rules tailored to employees’ experience and job roles.
This system makes loan handling easy and supports employees with stress-free, interest-free loans. It increases employee motivation and loyalty by showing that the company supports their financial needs.
Why do we need a Odoo Employee Loan Management (Enterprise)?
In Odoo Employee Loan Management (Enterprise), employees can have sudden expenses such as medical emergencies, house repairs, or education costs Approving a loan from bank requires lengthy paperwork and often has high interest rates.
This module helps companies provide quick, interest-free loans through Odoo, helping employees save time and money. If an employee needs money for medical treatment, they can easily apply for a loan using the HR portal.
HR team quickly approves the request, provides a loan, and EMI is reduced from an employee’s salary each month. This process reduces financial stress for employees and helps them to build trust in the company.
Highlighted Features of Odoo Employee Loan Management (Enterprise)
Multiple loan types
Odoo Employee Loan Management (Enterprise) allows HR to create and manage different types of employee loans based on purpose or criteria.
Interest-free loan option
Gives employees interest-free loans to help them with their financial problems.
Automatic EMI deductions
Every month, EMI is auto-adjusted in employee salaries through a payslip.
Easy loan approval
Allows HR to quickly and easily approve loans using a simple review process in Odoo.
Duplicate Request Restriction
This feature prevents employees from submitting a new loan request for same loan type while an existing loan is still active. If an employee tries to apply again without settling previous loan, it will display an “Invalid Request” message.
- Blocks new requests for same active loan type
- Shows an Invalid Request message on duplicate try
- Ensures one active loan per type per employee
- Prevents overlapping EMIs and loan confusion
- Helps HR maintain clean and accurate records
Manage EMI Deductions
Odoo Employee Loan Management (Enterprise) feature allows HR to cancel any scheduled EMI if needed. In cases of employee resignation, leave without pay, or special approvals, HR can pause a specific EMI from being taken out salary.
- HR can cancel any upcoming EMI installment
- Useful in cases like resignation or unpaid leave
- Cancelled EMI won’t reflect in payslip
- HR can reschedule or adjust it later
- Ensures a flexible and accurate loan recovery process
Confirm EMI in Payroll
This feature makes sure that once a loan EMI is planned, it is automatically added to the employee’s monthly salary slip as a deduction. When payroll is processed, the system puts the EMI amount into the salary slip, saving HR time and keeping all deductions correct
- EMI is added automatically to salary slip
- Deductions are always on time and correct
- Shown clearly under salary deduction section
- HR doesn’t need to adjust manually
- EMI tracking stays simple and clear
New Loan Type Setup
However, by creating a new loan type, HR can define specific eligibility criteria to control who apply for the loan. It ensures that only the right employees can get certain loan benefits.
- Create custom loan types for employees
- Set experience range with start and end years
- Define EMI repayment tenure in months
- Set maximum loan amount per type
- Control loan access based on employee role or criteria
Support
For any query or issue, please create a support ticket here CREATE A TICKET HERE
You may also check our other top-quality Odoo Modules.
If you're interested in exploring additional options, feel free to check out our other Payment Gateways as well.
Specifications
Product Version1.0.0
Released1 month ago
Last UpdatedNovember 20, 2025 (14 days ago)
License Single application
Supported VersionsOdoo 14.x 15.x 16.x 17.x 18.x 19.x
Write a review
Frequently Asked Questions
Can employees apply for more than one loan jointly?
Yes, employees can apply for multiple loan types during the same period if they meet the conditions for each.
How are EMIs deducted from employee salary?
Once the loan is approved, the EMI is included in the employee’s monthly payslip.
What happens if an employee misses an EMI?
HR can create the missed EMI again and move it to next month, so loan repayment go to smoothly in Odoo Employee Loan Management (Enterprise).
Can HR cancel or adjust EMI payments?
Yes, employees can apply for more than one loan at once if they meet the eligibility requirements for each loan.
Is the loan process customizable for different companies?
Yes, HR portal can create loan types, set rules based on experience, and define approval steps to match company policies.
Move to Cloud Today
AWS Free tier hosting for one year by amazon web services, for more details please visit AWS Free Tier.
GCP Free tier hosting for one year with 300 credit points by google cloud platform, for more details please visit GCP Free Tier.
Azure free tier hosting for one year with 25+ always free services, for more details please visit Azure Free Tier.
In our default configuration we will provide tremendous configuration for your eCommerce Website which is fast to load and response.
Default Configuration Details of Server
- 1 GB RAM
- 1 Core Processor
- 30 GB Hard Disk
- DB with 1 GB RAM and 1 Core Processor
* Server Configuration may vary as per application requirements.
Want to know more how exactly we are going to power up your eCommerce Website with Cloud to fasten up your store. Please visit the Cloudkul Services.
Get Started with Cloud
Not Available
