Step 1 - Navigate to Loan & Salary Advances
Login to Asanify as an Admin. Click on Loans & Salary Advances under Payroll tab in the left navigation pane.
Step 2 - Select the Loan
Locate the Loan against the Employee for which you want to pause installments. Click on More and Pause Installment Deduction.
Step 3 - Select the Period
Select the month from which you want to pause the installment deduction as well as the month from which you want to resume deductions. You can also enter a reason here for this change. Click on Pause.
Step 4 - View Updated Installments
Once you pause the installments, you can click on View Installments to verify the Projected Installments Deduction schedule.
This is how you can pause loan installments for a given period for an employee.