Request a salary advance or loan

Need money before payday? Request a salary advance or loan in Attendex. Once HR approves it, repayments are deducted from your salary in monthly EMIs.

Steps

1. Go to Loans & Advances in the left menu ( open Loans & Advances).
2. Click Request advance / loan.
3. In I need a, choose Salary advance, Personal loan, Emergency loan or Other loan.
4. Enter the Amount and Repay over (months).
5. Check the Estimated EMI and Total to repay. This is an estimate without interest — HR confirms the final amount, interest (if any) and the first EMI month.
6. Enter the Reason.
7. Click Send request.

The request shows as waiting for HR. You can click Cancel request while it is still pending.

After approval

• The loan becomes active and the money is paid to you directly by your company.
• From the first EMI month, the EMI is deducted from your salary. It appears on your payslip as "Salary advance recovery" or "Loan EMI".
• Open a loan to see the Repayment schedule: past deductions, skipped months and upcoming EMIs, plus how much is outstanding and the percentage repaid.
• When the outstanding amount reaches zero, the loan is closed.