On Mekari Talenta, you can record employee loans and manage payment installments through the Loan submenu Finance menu. You can record them manually or in bulk using the Import feature. In this article, we will explain how to record loans manually. Here are the steps:

1. Enter the Finance menu and select Loans.

2. On the Request page, click “Create loan”. 
   

3. On the Create loan page, complete the following Loan information form columns.
   

   No.	Column Name	Description
   1.	Effective date	Enter the effective loan start date. For example, '26 Jan 2026'.
   2.	Employee	Select the employee's name. For example, 'Githa Yeni'.
   3.	Loan policy	Select a loan policy . For example, 'Home Loan'. Learn how to create a loan policy by clicking here.
   4.	Loan amount	Enter the loan amount. For example, Rp '100,000,000' (type without the period, as it will appear automatically).
   5.	Installment period	Determine the length of the installment period (per month). For example, '24'.
   6.	Interest type	Select the interest rate type. For example, 'Flat'. You can choose other options such as Declining or Non-interest.
   7.	Annual interest rate	Enter the loan's annual interest rate. For example, '3.75' percent (%).
   8.	Purpose of loan	Fill in this field with a description of the loan purpose (optional) . For example, 'Housing Down Payment'.
   9.	Choose file	Click to include file attachments in JPG, PDF, PNG, DOCX, CSV, and XLSX formats with a maximum size of 5MB (optional).

4. Once the form is filled in, go to the bottom of the page and click “Calculate installment”.
   

5. The system will immediately calculate your monthly loan installments based on what you entered in the Loan Information form in the Installment Breakdown section. Click "Create" to create the loan transaction.
   

   Important
   1. Non-Interest
   If you choose Non-Interest, the loan is interest-free. Therefore, you cannot fill in the Annual Interest Rate, and the Interest column in the installment breakdown table cannot be input or edited either, because the installment value only consists of the principal.
   2. Flat
   If you choose Flat, the loan is subject to flat interest. You can change the Repayment amount and Interest in the available columns per month if necessary.
   3. Declining
   If you choose Declining , the interest is calculated based on the remaining loan (outstanding balance) each period. In this method, you can fill in the Annual Interest Rate, but cannot edit the Interest column in the installment breakdown table because the system will calculate it automatically with the formula:
   Interest = Outstanding Balance × (Annual Rate ÷ (12 × 100))
   Example of the first installment calculation:
   10,000,000 × (5.75 ÷ (12 × 100)) = 47,917
   Thus, in the Declining method, the interest rate will change each period according to the remaining loan.

   - Export: Click to download the Installment Breakdown above in Excel format.
   - Import: Click to upload the Installment Breakdown Excel file if you make any changes after downloading.

This is an explanation of how to record a loan. You can also make loan payments to employees who are about to resign, click here for more information.