Loan From Employer
I have Attached Loan From Employer
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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