No Loan Policy In Company - employees are taking too much Personal Loan by stating reasons like marriage, home buying

Dear All In my organization, employees are taking too much Personal Loan by stating reasons like marriage in home,Resident buying etc etc... We are receiving Personal Loan request. As a result, finance is also burdened and facing difficulties.
We have been asked to control this, so pls suggest some Formats or Templates of "No Loan Policy In Company".

Hi, Have a Policy on loan in place.
I would suggest you to regularize the loan dispersal instead of announcing no loan all of sudden. This may have a adverse impact.
Prepare a Loan policy with criteria's like
1) Eligibility criteria - employees who have completed minimum this much year can apply. Have some years in place as per your choice in consultation with your HODs. Say one year or two year.
2) Reason for loan - Restrict it to only for Medical and education expenses subject to submission of proper proof.
3) Repayment terms - maximum allowed EMI's.
Make it clear that loan for any other purpose will not be sanctioned.