How to draft a Salary Certificate Letter? Download this Salary Certificate Letter template now!
We support you and your company by providing this Salary Certificate Letter HR template, which will help you to make a perfect one! This will save you or your HR department time, cost, and efforts and help you to compile a professional salary certificate.
In most cases, a salary certificate or salary slip can be provided by the employer to the employee, in order to obtain a loan from the bank. A salary certificate is an essential document for working employees to be used for availing financial assistance from banks. When an employee approaches a bank to borrow money, normally the bank firstly inquires about the repayment capacity of the borrower.
The best source bank relies on a Salary certificate, issued by the head of the department the employee works. A salary certificate is an essential document for working employees to be used for availing financial assistance from the banks. When an employee approaches a bank for a financial loan, such as a housing loan or loan to buy a vehicle, the bank firstly inquires about the repayment capacity of the borrower.
The best source bank relies on a Salary certificate, issued by the top management or the manager of the employee. Such a salary letter must contain the most essential information, such as
- Salary paid (Net and Gross payable salary);
- Job title;
- Time period;
- Currency;
- Salary Structure;
- Basic Pay;
- House Rent;
- Other perquisites, if any;
- Deductions;
- Income Tax (TDS to deducted);
- Professional Tax.
This Salary Certificate Letter has ways to grab your reader’s attention. It is drafted by HR professionals, intelligently structured, and easy-to-navigate through. Pay close attention to the most downloaded HR templates that fit your needs.
Salary Structure Basic Pay Amount Mode of payment Cash/ Bank Transfer/kind House Rent Other perquisites, if any Gross salary Deductions Income Tax (TDS to deducted) Professional Tax Total Net payable Salary (In words) For and on behalf of (Company’s Name here) (Signature with Company Seal) Proportionate portion of emoluments to be paid annually on a later date may not be included in monthly salary certificate..
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