Step 1:-Go to left hand side menu in 'HR Manager'->'Loans and Advances'
Step 2:-In Top corner there is 'Add' button click on it.
Step 3:-In pop-up window asking for the deatils of Loan, Fill this details.
Step 4:-There is option called 'Installments' with single and multiple.If you select multiple then one more option is there 'No. of Installments'.
Step 5:-After fill the whole form save it.