How To Set Up a Loan Policy Without Repayment Limit

This guide will show you in easy steps how to set up a loan policy without a limit to how much an employee can repay each month.

1. First, launch the Loan module.

2. Click on Loan Policies

3. Click the 'Create Loan Policy' button

4. Fill in all the required parameters like Name, Description, Loan amount type, Amount, Loan interest type, Loan Duration and Guarantors.

In the following section 'Loan Repayment Mode', Click NONE.