To modify the number of instalments a loan will take to fully close, refer the following steps
Step 1
Go to the left nav bar under Pay Employees > Loans
Step 2
Click on manage against the relevant loan.
Step 3
Click on modify Instalment terms on the right navigation bar .
Step 4
Enter the new duration of the loan.
Click on preview new tenure to see your changes reflect in the loan re-payment terms
Once previewed, click on the confirm button at the bottom of the page to save your changes.