Employment Offer Letter
Date: 03th April 2017
Ajay
Subject:- offer letter for Ajay.
Dear Ajay,
Pursuant to your application and subsequent rounds of interview, we are pleased to offer you
the position of Trainee Accountant at our organization in Band 19. You will be required to
undertake your duties from 10th April, 2017.
Your starting CTC will be Rs. 3.17 Lacs per annum of which Rs. 1.20 Lacs will be your
guaranteed component and Rs. 1.25 Lacs will be performance linked incentives. You will be
eligible for appraisals from time to time as per the organization’s policies.
Please note that you will be provided with a formal appointment letter upon your joining and
will remain under probation for a period of 90 days from your joining date.
We wish you all the best and look forward to having you on board with FinEdge!
Warm regards,
Harsh Gahlaut
Chief Executive Officer
FinEdge Advisory Private Limited
CTC Annexure
Emoluments and Benefits for the grade of Trainee Accountant (for Mr. Ajay)
Amount
COMPENSATION
P.A. (`) P.M. (`)
Basic 90,000.00 7,500.00
Basket of Allowance 1,38,600.00 11,550.00
Bank's PF Contribution 10,800.00 900.00
Gratuity * 4,332.00 361.00
SUB TOTAL (Fixed Cash+Retirals) 2,43,732.00 20,311.00
TOTAL (Fixed Cash+Retirals) 2,43,732.00 20,311.00
Benefits :
Group Mediclaim Policy 3,133.00 261.00
Group Term Life Insurance 1,104.00 92.00
Loan Benefit 69,084.00 5,757.00
TOTAL PAY (Fixed Cash + Retirals+Benefits) 3,17,053.00 26,421.00
Loan Eligibilities
Type of Loan & Loan Amount
Eligibility Rate of Interest Max. Tenure Remarks
Purpose of Loan (in `)
For takeover loans, the
repayment will be 240
240 EMI which
Upon 4% months or the balance
Housing Loan 20,00,000.00 includes Principal
Confirmation (Compound Int.) service period (in
& Interest.
months) left, whichever
is less.
For takeover loans, the
repayment will be the
84 instalments residual period of the
Vehicle Loan Upon 6% towards Principal original sanction term, or
2,00,000.00
Confirmation (Simple Int.) & 36 towards 120 months, whichever is
Interest. less, with Principal and
Interest instalments in
the ratio of 7:3.
Note:The monetary value of the above Loan benefits approximates to Rs.100000. Loan benefits cannot be encashed if not availed.
Details
Type of Insurance Insurance Cover Remarks
(in `)
For all the plan the coverage will be provided upon confirmation / completion of 6
months of service with the Bank, whichever is earlier.
Base Policy: Employee plus 3 dependents (excluding parents) are covered under
the Bank Floater Policy.
Parent Policy: The Bank provides Parent Policy ranging from Rs. 1 lac to Rs. 20 lac
where employee can cover any two dependents from the given combination i.e
Group Mediclaim Parent and Parent in law. Under this policy the sum assured will be for a Single
Insurance Policy Floater Plan chargeable per dependents and the premium will be borne by
1,50,000.00 employee.
Super Top Up Policy: In addition, the Bank also offers a Super Top Up Policy ranging
from coverage of Rs. 3 Lac to Rs 40 Lacs, which an employee can opt for and pay
the premium accordingly. Super Top up Policy will be applicable only for the
dependents covered under the Base Policy.
Only employee is covered (You will be
Group Term Life required to contribute an annual premium as
Insurance Policy 35,00,000.00
prescribed by Insurance Co. from time to
time)
The Insurance coverage under all the above policies will be available subject to completion of all
formalities in connection with your appointment and fulfillment of requirements of the Insurance Company.
For coverage under the Group Mediclaim Insurance Policy, it is also required that you are a confirmed
employee of the Bank or have completed 6 months of service, whichever is earlier.
Note: The mediclaim Policy is renewed every year in October and shall be applicable as per prevalent
policy.
Other Benefits
Performance Bonus /
Annual Incentive Performance linked bonus pay / Annual Incentive Plan (as may be applicable), will be paid as per the
Plan (as may be Company’s policy, subject to your being a confirmed employee.
applicable)
** Gratuity will be paid as per the Payment of Gratuity Act.
07-Jul-2011
To
The Visa Officer
Embassy of the Canada,
New Delhi,
Subject: Leave Letter for Ajay.
Dear Sir/Madam
This Certificate is to confirm that Mr. Ajay S/O Sh. Surinder is employed with “Finedge
advisory pvt. Ltd.” Joining from “April, 10 2017” as a position of “Accountant” and His
annual Salary is Rs.7,42,680/ Year.
Mr. Ajay has expressed interest in visiting Canada Tourist visa. Our company has no
objection regarding Mr. Ajay visit to Canada and his leave for the period of April, 09 2025
to April, 15 2025 has been approved with including travel time period.
On expiry of the sanctioned leave Mr. Ajay will continue job on April, 18 2024 (Friday).
Chief Executive Officer
Warm Regards
Harsh Gahlaut
FinEdge Advisory Private Limited
Payslip for the Month of October 2024
Emp. Name Ajay Payable Days 31
Designation Accountant Paid Days 27
Department Sales Joining Date 10-04-2017
Bank Name ICICI Bank Location Gurgaon
Bank Account 035801536039
Branch Code ICIC0003596
Earning Rates Parable Deduction Amount
Basic 44,969.00 44,969.00 Mess Deduction 200.00
Basket of Allowance 11,550.00 11,550.00 PF Deduction 900.00
Medical Allowance 261.00 3,000.00 Loan Installment 0.00
Group Term Life Insurance 92.00 92.00 Advance 0.00
Loan Benefit 5757.00 5757.00
Gratuity 361.00 361.00
Total 62,990.00 62,990.00 1100.00
Net Salary :- 61,890.00 (Rs. Sixty One Thousand Eight Hundred Ninety Rupees only)
Payslip for the Month of November 2024
Emp. Name Ajay Payable Days 30
Designation Accountant Paid Days 26
Department Sales Joining Date 10-04-2017
Bank Name ICICI Bank Location Gurgaon
Bank Account 035801536039
Branch Code ICIC0003596
Earning Rates Parable Deduction Amount
Basic 44,969.00 44,969.00 Mess Deduction 200.00
Basket of Allowance 11,550.00 11,550.00 PF Deduction 900.00
Medical Allowance 261.00 3,000.00 Loan Installment 0.00
Group Term Life Insurance 92.00 92.00 Advance 0.00
Loan Benefit 5757.00 5757.00
Gratuity 361.00 361.00
Total 62,990.00 62,990.00 1100.00
Net Salary :- 61,890.00 (Rs. Sixty One Thousand Eight Hundred Ninety Rupees only)
Payslip for the Month of December 2024
Emp. Name Ajay Payable Days 31
Designation Accountant Paid Days 27
Department Sales Joining Date 10-04-2017
Bank Name ICICI Bank Location Gurgaon
Bank Account 035801536039
Branch Code ICIC0003596
Earning Rates Parable Deduction Amount
Basic 44,969.00 44,969.00 Mess Deduction 200.00
Basket of Allowance 11,550.00 11,550.00 PF Deduction 900.00
Medical Allowance 261.00 3,000.00 Loan Installment 0.00
Group Term Life Insurance 92.00 92.00 Advance 0.00
Loan Benefit 5757.00 5757.00
Gratuity 361.00 361.00
Total 62,990.00 62,990.00 1100.00
Net Salary :- 61,890.00 (Rs. Sixty One Thousand Eight Hundred Ninety Rupees only)
