HrformatsI have attached employee loan application form.
| Loan Application Form | |||||
| Kindly Read through the General Guidelines below | |||||
| Name: | Date: | ||||
| Designation: | Department: | ||||
| Dear Sir, | |||||
| I request you to sanction me the below mentioned Loan amount. I have read through the Policy and am aware about the applicable interest rate. I will repay the Loan alongwith the interest as per the Company’s Policy. | |||||
| Amount of Loan Reqd. | Signature: | ||||
| Remarks: | |||||
| For HR Use Only | |||||
| Form Receipt Date: | Grade of Employee: | Basic Salary: | |||
| No. of years in AXIS: | Eligibility Amount: | Amount of Loan Recommended: | |||
| Any Previous Loan: | Amount of previous Loan: | Repaid: | |||
| Remarks: | |||||
| Amount of Loan Sanctioned: | Date of Sanction: | Repay Amount per Month: | |||
| Manager (HR) | Manager (Accounts) | ||||
| Managing Director | |||||
| General Guidelines: | |||||
| 1 | An Employee wanting to avail a loan will have to make an application to the HR Department in writing by filling the “Loan Application form” | ||||
| 2 | The HR Department shall take the Management’s sanction and inform the employee whether the loan has been sanctioned / not sanctioned | ||||
| 3 | The Processing time for Loans shall be five Working Days. Incase the Management is unavailable for sanction; the period will be adjusted accordingly | ||||
| 4 | The Management reserves the right to take any decisions on the sanctioning of loans and no questions will be entertained on the same | ||||
| 5 | Kindly refer the HR Policy in force for the eligibility criteria and the Limit of Loan and the Interest Applicable | ||||
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