Does NAMA support loans for employee and installment systems?
Yes, NAMA provides a flexible method to define plans for repayment a loan in terms of the installments number, and the value of each installment. NAMA also allows modifying this plan after some payments and then recalculates the installments number and the installment value. You can monitor the paid and not paid installments and recognize remaining value. NAMA also provides the ability to link loan installments with the employee salary so as to deduct the installment value from the salary automatically.
NAMA provides loan relief document to exempt the employee from loan value or part of loan value. NAMA also provides stopping installments within a defined period and reapplying installments again.